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Dudley North (economist)
Sir Dudley North (16 May 1641 in Westminster31 December 1691 in London) was an English merchant, politician, economist and writer on free trade. He was also a member of the North family. Life He was the fourth son of Dudley North, 4th Baron North and Anne Montagu, daughter of Sir Charles Montagu of Boughton House. In his early years he was carried off by Gypsies but was recovered by his family. He was the brother of Francis North, 1st Baron Guilford and Roger North. He engaged in foreign trade, especially with Turkey, and spent a number of years at Constantinople and Smyrna. Having returned to London with a fortune, he continued to trade with the Levant. His knowledge of commerce attracted the attention of the government, and he was further recommended by the influence of his brother Lord Guilford. During the Tory reaction under Charles II he was one of the sheriffs forced on the city of London in 1683 with an express view to securing verdicts for the crown in state trials. ...
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Dudley North
Dudley North may refer to: *Dudley North, 3rd Baron North (1581–1666), English nobleman and politician *Dudley North, 4th Baron North (1602–1677), English nobleman and politician, son of the above *Sir Dudley North (economist) (1641–1691), English economist, son of the above * Dudley North (politician, born 1684) (1684–1730), English landowner and politician, son of the above *Dudley Long North (1748–1829), English Whig politician, great-grandson of the economist *Sir Dudley North (Royal Navy officer) (1881–1961), Royal Navy admiral *Dudley North (UK Parliament constituency) Dudley North is a constituency represented in the House of Commons of the UK Parliament since 2019 by Marco Longhi, of the Conservative Party. Campaigns in the seat have resulted in a minimum of 30% of votes at each election consistently f ... {{disambiguation North, Dudley ...
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Tory
A Tory () is a person who holds a political philosophy known as Toryism, based on a British version of traditionalism and conservatism, which upholds the supremacy of social order as it has evolved in the English culture throughout history. The Tory ethos has been summed up with the phrase "God, King, and Country". Tories are monarchists, were historically of a high church Anglican religious heritage, and opposed to the liberalism of the Whig faction. The philosophy originates from the Cavalier faction, a royalist group during the English Civil War. The Tories political faction that emerged in 1681 was a reaction to the Whig-controlled Parliaments that succeeded the Cavalier Parliament. As a political term, Tory was an insult derived from the Irish language, that later entered English politics during the Exclusion Crisis of 1678–1681. It also has exponents in other parts of the former British Empire, such as the Loyalists of British America, who opposed US secession duri ...
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Wilhelm Georg Friedrich Roscher
Wilhelm Georg Friedrich Roscher (; 21 October 18174 June 1894) was a German economist from Hanover. Biography Roscher studied at Göttingen, where he became a member of Corps Hannovera, and Berlin, and obtained a professorship at Göttingen in 1844 and subsequently at Leipzig in 1848. The main origins of the historical school of political economy may be traced to Roscher. Its fundamental principles are dated to his ''Grundriss zu Vorlesungen über die Staatswirtschaft nach geschichtlicher Methode'' (1843). Politically, Roscher remained faithful to the liberalism of Friedrich Christoph Dahlmann, which abjured revolution and anarchy but favored reform within the context of a constitutional monarchy. Historical economics began as a means of adjusting liberal thought and practice to the realities of the social question, namely: what should be done about the consequences of economic modernization and the classes displaced or exploited by the new industries. Roscher tried to establis ...
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Josiah Child
Sir Josiah Child, 1st Baronet, , (c. 1630/31 – 22 June 1699) was an English economist, merchant and politician. He was an economist proponent of mercantilism and governor of the East India Company. He led the company in the Anglo-Mughal War. Early life Child was born around 1630–31 and christened in St Bartholomew-by-the-Exchange on 27 February 1630–31, the second son of Richard Child, a merchant of Fleet Street (buried 1639 at Hackney), and Elizabeth Roycroft of Weston Wick, Shropshire. After serving his apprenticeship in the family business, after much struggle, he succeeded. At about age 25, he started on his own account at Portsmouth as victualler to the Navy under the Commonwealth; he is also described as "agent to the Navy Treasurer". He amassed a comfortable fortune, and became a considerable stock-holder in the East India Company. In 1659, he was elected Member of Parliament for Petersfield in the Third Protectorate Parliament. He was elected MP for Dartmouth i ...
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Supply And Demand
In microeconomics, supply and demand is an economic model of price determination in a Market (economics), market. It postulates that, Ceteris paribus, holding all else equal, in a perfect competition, competitive market, the unit price for a particular Good (economics), good, or other traded item such as Labour supply, labor or Market liquidity, liquid financial assets, will vary until it settles at a point where the quantity demanded (at the current price) will equal the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted. The concept of supply and demand forms the theoretical basis of modern economics. In macroeconomics, as well, the AD–AS model, aggregate demand-aggregate supply model has been used to depict how the quantity of real GDP, total output and the aggregate price level may be determined in equilibrium. Graphical representations Supply schedule A supply schedule, depicted graphically as a supply cu ...
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Poverty
Poverty is the state of having few material possessions or little income. Poverty can have diverse social, economic, and political causes and effects. When evaluating poverty in statistics or economics there are two main measures: ''absolute poverty'' compares income against the amount needed to meet basic needs, basic personal needs, such as food, clothing, and Shelter (building), shelter; ''relative poverty'' measures when a person cannot meet a minimum level of living standards, compared to others in the same time and place. The definition of ''relative poverty'' varies from one country to another, or from one society to another. Statistically, , most of the world's population live in poverty: in Purchasing Power Parity, PPP dollars, 85% of people live on less than $30 per day, two-thirds live on less than $10 per day, and 10% live on less than $1.90 per day ...
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English Revolution
The English Revolution is a term that describes two separate events in English history. Prior to the 20th century, it was generally applied to the 1688 Glorious Revolution, when James II was deposed and a constitutional monarchy established under William III and Mary II. However, Marxist historians began using it for the period covering the 1639 to 1651 Wars of the Three Kingdoms and the Interregnum that followed the Execution of Charles I in 1649, before the 1660 Stuart Restoration returned Charles II to the throne. Writing in 1892, Friedrich Engels described this period as "the Great Rebellion" and the Glorious Revolution of 1688 as "comparatively puny", although he claimed both were part of the same revolutionary movement. Although Charles II was retroactively declared to have been the legal and rightful monarch since the death of his father in 1649, which resulted in a return to the status quo in many areas, a number of gains made under the Commonwealth remained in law.Ch ...
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Dudley North Memorial In St Andrew's Church, Little Glemham
Dudley is a large market town and administrative centre in the county of West Midlands (county), West Midlands, England, southeast of Wolverhampton and northwest of Birmingham. Historically an Enclave and exclave, exclave of Worcestershire, the town is the administrative centre of the Metropolitan Borough of Dudley; in 2011 United Kingdom census, 2011 it had a population of 79,379. The Metropolitan Borough, which includes the towns of Stourbridge and Halesowen, had a population of 312,900. In 2014 the borough council named Dudley as the capital of the Black Country. Originally a market town, Dudley was one of the birthplaces of the Industrial Revolution and grew into an industrial centre in the 19th century with its iron, coal, and limestone industries before their decline and the relocation of its commercial centre to the nearby Merry Hill Shopping Centre in the 1980s. Tourist attractions include Dudley Zoo and Dudley Castle, Castle, the 12th century Dudley Priory, priory rui ...
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Dudley North (politician, Born 1684)
Dudley North (23 August 1684 – 1730) of Glemham Hall, Little Glemham, Suffolk was a British landowner and Tory politician who sat in the House of Commons from 1710 to 1730. North was the eldest and only surviving son of Sir Dudley North of Camden Place, Maiden Lane, London and his wife Anne Cann, daughter of Sir Robert Cann, 1st Baronet of Compton Greenfield, Gloucestershire. A member of the House of North, he was a grandson of Anne Montagu of Boughton House of the House of Montagu. His father was well known as a merchant, economist, and Tory politician and had purchased the Glemham estate shortly before his death in 1691. North was educated privately at Kensington, with ‘Mr Agier’; and was admitted at St. John’s College, Cambridge on 12 May 1701. Some time before 1708, he married, with £20,000, Katherine Yale (died 1715), daughter of Elihu Yale of Plas Grono, near Wrexham. Yale gave his name to Yale University. North stood for Parliament at Thetford at the 1708 Bri ...
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Little Glemham
Little Glemham is a small village on the A12 road, in the East Suffolk district East Suffolk is a local government district in Suffolk, England, which was established on 1 April 2019, following the merger of the existing Suffolk Coastal and Waveney districts. At the 2011 census, the two districts had a combined population o ..., in the county of Suffolk, England. The population of the parish at the 2011 Census was 187. Nearby settlements include the villages of Wickham Market and Marlesford. Little Glemham has a church, St. Andrew's, a pub and a hall called Glemham Hall. The corresponding village of Great Glemham is a few miles away. References Suffolk Churches Villages in Suffolk Civil parishes in Suffolk {{Suffolk-geo-stub ...
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Glorious Revolution
The Glorious Revolution; gd, Rèabhlaid Ghlòrmhor; cy, Chwyldro Gogoneddus , also known as the ''Glorieuze Overtocht'' or ''Glorious Crossing'' in the Netherlands, is the sequence of events leading to the deposition of King James II and VII of England and Scotland in November 1688, and his replacement by his daughter Mary II and her husband and James's nephew William III of Orange, de facto ruler of the Dutch Republic. A term first used by John Hampden (1653–1696), John Hampden in late 1689, it has been notable in the years since for having been described as the last successful invasion of England as well as an internal coup, with differing interpretations from the Dutch and English perspectives respectively. Despite his personal Catholicism, a religion opposed by the Protestant majority in England and Scotland, James became king in February 1685 with widespread support in both countries, since many feared that his exclusion would lead to a repetition of the 16391651 Wa ...
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James II Of England
James VII and II (14 October 1633 16 September 1701) was King of England and King of Ireland as James II, and King of Scotland as James VII from the death of his elder brother, Charles II, on 6 February 1685. He was deposed in the Glorious Revolution of 1688. He was the last Catholic monarch of England, Scotland, and Ireland. His reign is now remembered primarily for conflicts over religious tolerance, but it also involved struggles over the principles of absolutism and the divine right of kings. His deposition ended a century of political and civil strife in England by confirming the primacy of the English Parliament over the Crown. James succeeded to the thrones of England, Ireland, and Scotland following the death of his brother with widespread support in all three countries, largely because the principles of eligibility based on divine right and birth were widely accepted. Tolerance of his personal Catholicism did not extend to tolerance of Catholicism in general, an ...
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