Gibson's paradox
Hello, you have come here looking for the meaning of the word Gibson's paradox. In DICTIOUS you will not only get to know all the dictionary meanings for the word Gibson's paradox, but we will also tell you about its etymology, its characteristics and you will know how to say Gibson's paradox in singular and plural. Everything you need to know about the word Gibson's paradox you have here. The definition of the word Gibson's paradox will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofGibson's paradox, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Etymology
First used by John Maynard Keynes in A Treatise on Money (1930). Named after British economist Arthur Herbert Gibson, who noted the correlation in a 1923 article for Banker's Magazine (though it had previously been noted by Thomas Tooke).
Proper noun
- (economics) The observation that the rate of interest and the general level of prices are positively correlated.
Translations
Translations
|