Beardsley Ruml
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Beardsley Ruml
Beardsley Ruml (5 November 1894 – 19 April 1960) was an American statistician, economist, philanthropist, planner, businessman and man of affairs in the 1920s, 1930s and 1940s. He was born in Cedar Rapids, Iowa. His father, Wentzle Ruml, was a country doctor. His mother, Salome Beardsley Ruml, was a hospital superintendent. Ruml received a BA from Dartmouth College in 1915 and a Ph.D. in psychology and education from the University of Chicago in 1917. On August 28, 1917 he married Lois Treadwell; they had three children. A pioneer statistician, in 1918 he helped design aptitude and intelligence tests for the U.S. Army. Ruml viewed society as composed of groups whose traits could be measured and ranked on a scale of normality and deviance. From 1922-29, he directed the fellowship program of the Laura Spelman Rockefeller Memorial Fund, focusing on support for quantitative social and behavioral science. He was an advisor to President Herbert Hoover, especially on farm issues. ...
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Cedar Rapids, Iowa
Cedar Rapids () is the second-largest city in Iowa, United States and is the county seat of Linn County. The city lies on both banks of the Cedar River, north of Iowa City and northeast of Des Moines, the state's capital and largest city. It is a part of the Cedar Rapids/Iowa City region of Eastern Iowa, which includes Linn, Benton, Cedar, Iowa, Jones, Johnson, and Washington counties. As of the 2020 United States Census, the city population was 137,710. The estimated population of the three-county Metropolitan Statistical Area, which includes the nearby cities of Marion and Hiawatha, was 255,452 in 2008. Cedar Rapids is an economic hub of the state, located at the core of the Interstate 380 corridor. The Cedar Rapids Metropolitan Statistical Area (MSA) is also a part of a Combined Statistical Area (CSA) with the Iowa City MSA. A flourishing center for arts and culture in Eastern Iowa, the city is home to the Cedar Rapids Museum of Art, the National Czech & Slov ...
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Chartalism
In macroeconomics, chartalism is a heterodox theory of money that argues that money originated historically with states' attempts to direct economic activity rather than as a spontaneous solution to the problems with barter or as a means with which to tokenize debt, and that fiat currency has value in exchange because of sovereign power to levy taxes on economic activity payable in the currency they issue. Background George Friedrich Knapp, a German economist, invented the term "chartalism" in his ''State Theory of Money'', which was published in German in 1905 and translated into English in 1924. The name derives from the Latin '' charta'', in the sense of a token or ticket. Knapp argued that "money is a creature of law" rather than a commodity. Knapp contrasted his state theory of money with " metallism", as embodied at the time in the gold standard, where the value of a unit of currency depended on the quantity of precious metal it contained or could be exchanged for. He argue ...
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Dartmouth College Alumni
This list of alumni of Dartmouth College includes alumni and current students of Dartmouth College and its graduate schools. In addition to its undergraduate program, Dartmouth offers graduate degrees in nineteen departments and includes three graduate schools: the Tuck School of Business, the Thayer School of Engineering, and Dartmouth Medical School. Since its founding in 1769, Dartmouth has graduated classes of students and today has approximately 66,500 living alumni. This list uses the following notation: * D or unmarked years – recipient of Dartmouth College Bachelor of Arts * DMS – recipient of Dartmouth Medical School degree ( Bachelor of Medicine 1797–1812, Doctor of Medicine 1812–present) * Th – recipient of any of several Thayer School of Engineering degrees (see Thayer School of Engineering#Academics) * T – recipient of Tuck School of Business Master of Business Administration, or graduate of other programs as indicated * M.A., M.A.L.S., M.S., Ph ...
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Bretton Woods Conference Delegates
Bretton may refer to: Places England *Bretton, Derbyshire *Bretton, Peterborough in Cambridgeshire * Monk Bretton in South Yorkshire * West Bretton in West Yorkshire * Bretton Hall College of Education * Bretton Hall, West Yorkshire *Monk Bretton Priory, South Yorkshire Wales *Bretton, Flintshire Other uses *Bretton (name), list of people with the name * ''Bretton'' (EP), a 2008 record by Lower Than Atlantis *Bretton's, former Canadian high-end department store See also * Bretton Woods (other) * Bretton Hall (other) * Bretten (other) * Brenton (other) Brenton is a name. Brenton may also refer to: *Brenton, Nova Scotia Argyle, officially named the Municipality of the District of Argyle, is a district municipality in Yarmouth County, Nova Scotia. Statistics Canada classifies the district munici ... * Breton (other) {{geodis ...
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1960 Deaths
Year 196 ( CXCVI) was a leap year starting on Thursday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Dexter and Messalla (or, less frequently, year 949 '' Ab urbe condita''). The denomination 196 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus attempts to assassinate Clodius Albinus but fails, causing Albinus to retaliate militarily. * Emperor Septimius Severus captures and sacks Byzantium; the city is rebuilt and regains its previous prosperity. * In order to assure the support of the Roman legion in Germany on his march to Rome, Clodius Albinus is declared Augustus by his army while crossing Gaul. * Hadrian's wall in Britain is partially destroyed. China * First year of the '' Jian'an era of the Chinese Han Dynasty. * Emperor ...
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1894 Births
Events January–March * January 4 – A military alliance is established between the French Third Republic and the Russian Empire. * January 7 – William Kennedy Dickson receives a patent for motion picture film in the United States. * January 9 – New England Telephone and Telegraph installs the first battery-operated telephone switchboard, in Lexington, Massachusetts. * February 12 ** French anarchist Émile Henry sets off a bomb in a Paris café, killing one person and wounding twenty. ** The barque ''Elisabeth Rickmers'' of Bremerhaven is wrecked at Haurvig, Denmark, but all crew and passengers are saved. * February 15 ** In Korea, peasant unrest erupts in the Donghak Peasant Revolution, a massive revolt of followers of the Donghak movement. Both China and Japan send military forces, claiming to come to the ruling Joseon dynasty government's aid. ** At 04:51 GMT, French anarchist Martial Bourdin dies of an accidental detonation of his own ...
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JSTOR
JSTOR (; short for ''Journal Storage'') is a digital library founded in 1995 in New York City. Originally containing digitized back issues of academic journals, it now encompasses books and other primary sources as well as current issues of journals in the humanities and social sciences. It provides full-text searches of almost 2,000 journals. , more than 8,000 institutions in more than 160 countries had access to JSTOR. Most access is by subscription but some of the site is public domain, and open access content is available free of charge. JSTOR's revenue was $86 million in 2015. History William G. Bowen, president of Princeton University from 1972 to 1988, founded JSTOR in 1994. JSTOR was originally conceived as a solution to one of the problems faced by libraries, especially research and university libraries, due to the increasing number of academic journals in existence. Most libraries found it prohibitively expensive in terms of cost and space to maintain a compre ...
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University Of Massachusetts Press
The University of Massachusetts Press is a university press that is part of the University of Massachusetts Amherst The University of Massachusetts Amherst (UMass Amherst, UMass) is a public research university in Amherst, Massachusetts and the sole public land-grant university in Commonwealth of Massachusetts. Founded in 1863 as an agricultural college, it .... The press was founded in 1963, publishing scholarly books and non-fiction. The press imprint is overseen by an interdisciplinary faculty committee. Juniper Prizes The press also publishes fiction and poetry through its annual Juniper Prizes.Herman (2007) The Juniper Prize was named in honor of local poet Robert Francis and his house ('Fort Juniper'). The Juniper Prizes include: * 2 prizes for poetry: one for a previously published poet, one for a poet not previously published * 2 prizes for fiction: one for a novel, one for a collection of short stories * creative non-fiction The poetry award began in 1975, the ...
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Redding, Connecticut
Redding is a town in Fairfield County, Connecticut, United States. The population was 8,765 at the 2020 census. History Early settlement and establishment At the time colonials began receiving grants for land within the boundaries of present-day Redding, Native American trails crossed through portions of the area, including the Berkshire Path running north–south. In 1639, Roger Ludlow (also referenced as Roger Ludlowe in many accounts) purchased land from local Native Americans to establish Fairfield, and in 1668 Fairfield purchased another tract of land then called Northfield, which comprised land that is now part of Redding. "National Register of Historic Places Continuation Sheet, Redding Center Historic District," U.S. Department of the Interior, 1992-10-01. Retrieved 2014-04-30. For settlement purposes, Fairfield authorities divided the newly available land into parcels dubbed "long lots" at the time, which north–south measured no more than a third of a mile wide b ...
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Functional Finance
Functional finance is an economic theory proposed by Abba P. Lerner, based on effective demand principles and chartalism. It states that government should finance itself to meet explicit goals, such as taming the business cycle, achieving full employment, ensuring growth, and low inflation. Principles The principal ideas behind functional finance can be summarized as:Edward J. Nell, Mathew Forstater, ''Reinventing functional finance: transformational growth and full employment'', , Edward Elgar Publishing 2003 *Governments have to intervene in the national and global economy; these economies are not self-regulating. *The principal economic objective of the state should be to ensure a prosperous economy. *Money is a creature of the state; it has to be managed. *Fiscal policy should be directed in light of its impact on the economy, and the budget should be managed accordingly, that is, 'balancing revenue and spending' is not important; prosperity is important. *The amount and p ...
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