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Austrian Economic Society
Frank Albert Fetter (; March 8, 1863 – March 21, 1949) was an American economist of the Austrian School. Fetter's treatise, ''The Principles of Economics'', contributed to an increased American interest in the Austrian School, including the theories of Eugen von Böhm-Bawerk, Friedrich von Wieser, and Ludwig von Mises. Fetter notably debated Alfred Marshall, presenting a theoretical reassessment of land as capital. Fetter's arguments have been credited with prompting mainstream economists to abandon the Georgist idea "that land is a unique factor of production and hence that there is any special need for a special theory of ground rent...." A proponent of the subjective theory of value, Fetter emphasized the importance of time preference and rebuffed Irving Fisher for abandoning the pure time preference theory of interest that Fisher had earlier espoused in his 1907 book, ''The Rate of Interest''. Early life and education Frank Fetter was born in Peru, Indiana to a Quak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian School
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical School (based in Germany), in a dispute known as ''Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subjective Theory Of Value
The subjective theory of value is an economic theory which proposes the idea that the value of any good is not determined by the utility value of the object, nor by the cumulative value of components or labour needed to produce or manufacture it, but instead is determined by the individuals or entities who are buying or selling the object in question. This trend is often seen in collectable items such as cars, vinyl records, and comic books. The value of an object may have increased substantially since its creation or original purchase due to age, a personal affinity, or scarcity. The modern version of this theory was created independently and nearly simultaneously by William Stanley Jevons, Léon Walras, and Carl Menger in the late 19th century.Stigler, George (1950) "The Development of Utility Theory. I" ''The Journal of Political Economy'' Overview According to the subjective theory of value, by assuming that all trades between individuals are voluntary, it can be concluded tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Paris
, image_name = Coat of arms of the University of Paris.svg , image_size = 150px , caption = Coat of Arms , latin_name = Universitas magistrorum et scholarium Parisiensis , motto = ''Hic et ubique terrarum'' (Latin) , mottoeng = Here and anywhere on Earth , established = Founded: c. 1150Suppressed: 1793Faculties reestablished: 1806University reestablished: 1896Divided: 1970 , type = Corporative then public university , city = Paris , country = France , campus = Urban The University of Paris (french: link=no, Université de Paris), metonymically known as the Sorbonne (), was the leading university in Paris, France, active from 1150 to 1970, with the exception between 1793 and 1806 under the French Revolution. Emerging around 1150 as a corporation associated with the cathedral school of Notre Dame de Paris, it was considered the second-oldest university in Europe. Haskins, C. H.: ''The Rise of Universities'', Henry Holt and Company, 1923, p. 292. Officially chartered i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johannes Conrad
Johannes Ernst Conrad (born 28 February 1839 in West Prussia) was a German political economist. Johannes Conrad was a Professor of economics in Halle (Saale), Prussian Germany. He was a co-founder (with Gustav von Schmoller) of the important '' Verein für Socialpolitik'' in 1872. Late in his career, in 1911, he became the director of the newly established Institute for Co-operative Studies at the University of Halle. Conrad was an expert in political economy (''Nationalökonomie'') and became the editor of the influential ''Jahrbücher für Nationalökonomie und Statistik'' in 1870. Life Conrad's father was landowner in west Prussia. In the early days, Conrad dedicated himself to agriculture, studied on that, by physical suffering to giving the practical activity up in a forced manner, to natural sciences, finally in Berlin and Jena political sciences. After completion of his studies he made larger journeys in Italy, England, France, Poland, Hungary, he achieved habilitatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Master Of Philosophy
The Master of Philosophy (MPhil; Latin ' or ') is a postgraduate degree. In the United States, an MPhil typically includes a taught portion and a significant research portion, during which a thesis project is conducted under supervision. An MPhil may be awarded to postgraduate students after completing taught coursework and one to two years of original research, which may also serve as a provisional enrolment for a PhD programme. Australia In Australia, the Master of Philosophy is a research degree which mirrors a Doctorate of Philosophy ( PhD) in breadth of research and structure. Candidates are assessed on the basis of a thesis. A standard full-time degree often takes two years to complete. Belgium and Netherlands In Belgium and the Netherlands, the MPhil is a special research degree, and is only awarded by selected departments of a university (mostly in the fields of arts, social sciences, archaeology, philosophy and theology). Admission to these programmes is highly selective ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President White School Of History And Political Science
The Cornell University Department of History is an academic department in the College of Arts and Sciences at Cornell University that focuses on the study of history. Founded in 1868, it is one of Cornell's original departments and has been a center for the development of professional historical research institutions in the United States, including the American Historical Association and the ''American Historical Review''. It remains a highly-ranked program in the field and its alumni and faculty have won Nobel and Pulitzer Prizes, among other distinctions. In addition, many of Cornell's presidents have served among its ranks. History The department was founded in 1868 by President Andrew Dickson White as one of Cornell's original departments as the Department of History and Political Science. White had already earned a reputation as an up-and-coming historian, having taught at the University of Michigan as a Professor of History and English Literature from 1857 to 1863 and as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cornell University
Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach and make contributions in all fields of knowledge—from the classics to the sciences, and from the theoretical to the applied. These ideals, unconventional for the time, are captured in Cornell's founding principle, a popular 1868 quotation from founder Ezra Cornell: "I would found an institution where any person can find instruction in any study." Cornell is ranked among the top global universities. The university is organized into seven undergraduate colleges and seven graduate divisions at its main Ithaca campus, with each college and division defining its specific admission standards and academic programs in near autonomy. The university also administers three satellite campuses, two in New York City and one in Education City, Qatar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeremiah Jenks
Jeremiah Whipple Jenks (1856–1929) was an American economist, educator, and Professor at Cornell University, who held various posts in the US government throughout his career. He served as a member of the Dillingham Immigration Commission from 1907 to 1914 in which he led research projects on the state of immigration to the United States. He authored several influential books, including ''The Immigration Problem: A Study of Immigration Conditions and Need'', and ''The Dictionary of Races.'' He was among the first social science academics within government and one of the first to propose that the federal government has the power to restrict immigration. Biography Born in Saint Clair, Michigan, Jenks graduated from the University of Michigan in 1878. He then went on to study law while teaching at Mount Morris College in Illinois, and was admitted to the Michigan bar in 1881. He later studied in Germany, earning his doctorate from the University of Halle under Johannes Conrad in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bachelor Of Arts
Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years, depending on the country and institution. * Degree attainment typically takes four years in Afghanistan, Armenia, Azerbaijan, Bangladesh, Brazil, Brunei, China, Egypt, Ghana, Greece, Georgia, Hong Kong, Indonesia, Iran, Iraq, Ireland, Japan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lithuania, Mexico, Malaysia, Mongolia, Myanmar, Nepal, Netherlands, Nigeria, Pakistan, the Philippines, Qatar, Russia, Saudi Arabia, Scotland, Serbia, South Korea, Spain, Sri Lanka, Taiwan, Thailand, Turkey, Ukraine, the United States and Zambia. * Degree attainment typically takes three years in Albania, Australia, Bosnia and Herzegovina, the Caribbean, Iceland, India, Israel, Italy, New Zealand, Norway, South Africa, Switzerland, the Canadian province of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phi Kappa Psi Fraternity
Phi Kappa Psi (), commonly known as Phi Psi, is an American collegiate social fraternity that was founded by William Henry Letterman and Charles Page Thomas Moore in Widow Letterman's home on the campus of Jefferson College in Canonsburg, Pennsylvania on February 19, 1852. There are over 90 chapters and colonies at accredited four year colleges and universities throughout the United States. More than 179,000 men have been initiated into Phi Kappa Psi since its founding. Phi Kappa Psi and Phi Gamma Delta, both founded at the same college, form the Jefferson Duo. History In the winter of 1850, a typhoid fever epidemic hit Jefferson College in Canonsburg, Pennsylvania. Many students left school. Among those who remained were William Henry Letterman and Charles Page Thomas Moore. They chose to care for their classmates who were stricken with the contagious disease, and a strong bond was formed. In the following school year, Letterman and Moore decided to found a fraternity based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indiana University
Indiana University (IU) is a system of public universities in the U.S. state of Indiana. Campuses Indiana University has two core campuses, five regional campuses, and two regional centers under the administration of IUPUI. *Indiana University Bloomington (IU Bloomington) is the flagship campus of Indiana University. The Bloomington campus is home to numerous premier Indiana University schools, including the College of Arts and Sciences, the Jacobs School of Music, an extension of the Indiana University School of Medicine, the School of Informatics, Computing, and Engineering, which includes the former School of Library and Information Science (now Department of Library and Information Science), School of Optometry, the O'Neil School of Public and Environmental Affairs, the Maurer School of Law, the School of Education, and the Kelley School of Business. *Indiana University–Purdue University Indianapolis (IUPUI), a partnership between Indiana University and Purdue Universi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson Davis, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
