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Technology is a proximate determinant of stature in human populations.
Economic Rent
The excess payment made to a factor of production over and above what is needed to keep it in its current use, often due to unique circumstances.
Marginal Worker
An individual whose employment status is unstable or insecure, often at the fringes of the labor market.
Reservation Wage
The minimum wage at which an individual would be willing to accept for a particular job, below which they would choose not to work.
Ceteris Paribus
Ceteris paribus is a Latin term used in economics meaning "all other things being equal," employed to isolate the effect of one variable by assuming that other variables remain constant.
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