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Don Lavoie
Donald Charles Lavoie (April 4, 1951 – November 6, 2001) was an American economist of the Austrian School. He was influenced by Friedrich Hayek, Hans-Georg Gadamer, Michael Polanyi and Ludwig Lachmann. He wrote two books on the problem of economic calculation. His first book on this subject was ''Rivalry and Central Planning'' (Cambridge University Press 1985). This book stressed the importance of the process of competitive rivalry in markets. His second book was ''National Economic Planning: What Is Left?'' (Cambridge, Massachusetts: Ballinger Publishing Company, 1985). This book dealt with the problem of non-comprehensive planning. Early life and education Lavoie earned a BS in computer science in 1973 from Worcester Polytechnic Institute. He then earned a PhD in economics in 1981 from New York University under Israel Kirzner. His thesis was entitled ''Rivalry and central planning: a re-examination of the debate over economic calculation under socialism''. Career Don La ...
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Worcester Polytechnic Institute
'' , mottoeng = "Theory and Practice" , established = , former_name = Worcester County Free Institute of Industrial Science (1865-1886) , type = Private research university , endowment = $505.5 million (2020) , accreditation = NECHE , president = Winston Wole Soboyejo (interim) , provost = Arthur Heinricher (interim) , undergrad = 4,177 , postgrad = 1,962 , city = Worcester , state = Massachusetts , country = United States , campus = Midsize City, , athletics_affiliations = , sports_nickname = Engineers , mascot = Gompei the Goat , website = , logo = WPI wordmark.png , logo_upright = .5 , faculty = 478 , coordinates = , colors = Crimson Gray , aca ...
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Social Sciences
Social science is one of the branches of science, devoted to the study of societies and the relationships among individuals within those societies. The term was formerly used to refer to the field of sociology, the original "science of society", established in the 19th century. In addition to sociology, it now encompasses a wide array of academic disciplines, including anthropology, archaeology, economics, human geography, linguistics, management science, communication science and political science. Positivist social scientists use methods resembling those of the natural sciences as tools for understanding society, and so define science in its stricter modern sense. Interpretivist social scientists, by contrast, may use social critique or symbolic interpretation rather than constructing empirically falsifiable theories, and thus treat science in its broader sense. In modern academic practice, researchers are often eclectic, using multiple methodologies (for instance, by c ...
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1951 Births
Events January * January 4 – Korean War: Third Battle of Seoul – Chinese and North Korean forces capture Seoul for the second time (having lost the Second Battle of Seoul in September 1950). * January 9 – The Government of the United Kingdom announces abandonment of the Tanganyika groundnut scheme for the cultivation of peanuts in the Tanganyika Territory, with the writing off of £36.5M debt. * January 15 – In a court in West Germany, Ilse Koch, The "Witch of Buchenwald", wife of the commandant of the Buchenwald concentration camp, is sentenced to life imprisonment. * January 20 – Winter of Terror: Avalanches in the Alps kill 240 and bury 45,000 for a time, in Switzerland, Austria and Italy. * January 21 – Mount Lamington in Papua New Guinea erupts catastrophically, killing nearly 3,000 people and causing great devastation in Oro Province. * January 25 – Dutch author Anne de Vries releases the first volume of his children's novel '' Journey Through ...
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Pancreatic Cancer
Pancreatic cancer arises when cell (biology), cells in the pancreas, a glandular organ behind the stomach, begin to multiply out of control and form a Neoplasm, mass. These cancerous cells have the malignant, ability to invade other parts of the body. A number of types of pancreatic cancer are known. The most common, pancreatic adenocarcinoma, accounts for about 90% of cases, and the term "pancreatic cancer" is sometimes used to refer only to that type. These adenocarcinomas start within the part of the pancreas that makes digestive enzymes. Several other types of cancer, which collectively represent the majority of the non-adenocarcinomas, can also arise from these cells. About 1–2% of cases of pancreatic cancer are neuroendocrine tumors, which arise from the hormone-producing neuroendocrine cell, cells of the pancreas. These are generally less aggressive than pancreatic adenocarcinoma. Signs and symptoms of the most-common form of pancreatic cancer may include jaundice, ye ...
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Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Industries is the second largest privately held company by revenue in the United States. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the ''2020 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), Cato is number 27 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States". The Cato Institute is libertarian in its political philosophy, and advocates a limited role for government in domestic and foreign affairs as well as a strong protection of civil liberties. This includes support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care Act, ...
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Culture
Culture () is an umbrella term which encompasses the social behavior, institutions, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups.Tylor, Edward. (1871). Primitive Culture. Vol 1. New York: J.P. Putnam's Son Culture is often originated from or attributed to a specific region or location. Humans acquire culture through the learning processes of enculturation and socialization, which is shown by the diversity of cultures across societies. A cultural norm codifies acceptable conduct in society; it serves as a guideline for behavior, dress, language, and demeanor in a situation, which serves as a template for expectations in a social group. Accepting only a monoculture in a social group can bear risks, just as a single species can wither in the face of environmental change, for lack of functional responses to the change. Thus in military culture, valor is counted a typica ...
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Emily Chamlee-Wright
Emily Chamlee-Wright (born July 7, 1966) is an American economist who serves as president and CEO of the Institute for Humane Studies. From 2012 through 2016, she was the Provost and Dean of Washington College. She taught economics at Beloit College from 1993 to 2012, where she held the Elbert H. Neese Jr. Professorship in Economics and served as associate dean from 2010 to 2012. She was one of three principal investigators with the Mercatus Center researching Gulf Coast recovery efforts in the aftermath of Hurricane Katrina. Bibliography * ''The Cultural Foundations of Economic Development: Urban Female Entrepreneurship in Ghana'' (Routledge 1997) * ''Culture and Enterprise: The Development, Representation and Morality of Business'' (with Don Lavoie Donald Charles Lavoie (April 4, 1951 – November 6, 2001) was an American economist of the Austrian School. He was influenced by Friedrich Hayek, Hans-Georg Gadamer, Michael Polanyi and Ludwig Lachmann. He wrote two books on ...
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Hans-Hermann Hoppe
Hans-Hermann Hoppe (; ; born 2 September 1949) is a German-American economist of the Austrian School, philosopher and political theorist. He is Professor Emeritus of Economics at the University of Nevada, Las Vegas (UNLV), Senior Fellow of the Ludwig von Mises Institute, and the founder and president of the Property and Freedom Society. Hoppe identifies as an austro-libertarian and anarcho-capitalist, and has written extensively in opposition to democracy in his book '' Democracy: The God That Failed''. Life and work Hoppe was born in Peine, West Germany, did undergraduate studies at Universität des Saarlandes and received his MA and PhD degrees from Goethe University Frankfurt. He studied under Jürgen Habermas, a leading German intellectual of the post-WWII era, but gradually came to reject Habermas's ideas, and European leftism generally, regarding them as "intellectually barren and morally bankrupt." He was a post-doctoral fellow at the University of Michigan, in An ...
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Murray Rothbard
Murray Newton Rothbard (; March 2, 1926 – January 7, 1995) was an American economist of the Austrian School, economic historian, political theorist, and activist. Rothbard was a central figure in the 20th-century American libertarian movement and a founder and leading theoretician of anarcho-capitalism. He wrote over twenty books on political theory, history, economics, and other subjects. Rothbard argued that all services provided by the "monopoly system of the corporate state" could be provided more efficiently by the private sector and wrote that the state is "the organization of robbery systematized and writ large". He called fractional-reserve banking a form of fraud and opposed central banking. He categorically opposed all military, political, and economic interventionism in the affairs of other nations. According to his protégé Hans-Hermann Hoppe, " ere would be no anarcho-capitalist movement to speak of without Rothbard". Libertarian economist Jeffrey Her ...
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Mises Institute
Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a libertarian nonprofit think tank headquartered in Auburn, Alabama, United States. It is named after the Austrian School economist Ludwig von Mises (1881–1973). It was founded in 1982 by Lew Rockwell. Its creation was funded by Ron Paul. History The Ludwig von Mises Institute was founded in 1982 by Lew Rockwell. Rockwell, who had previously served as editor for Arlington House Publishers, received the blessing of Margit von Mises during a meeting at the Russian Tea Room in New York City, and she was named the first chairman of the board. Early supporters of the institute included F.A. Hayek, Henry Hazlitt, Murray Rothbard, Ron Paul, and Burt Blumert. According to Rockwell, the motivation of the institute was to promote the specific contributions of Ludwig von Mises, who he feared was being ignored by libertarian institutions financed by Charles Koch and David Koch. As recounted by Justin Raimondo, ...
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Richard Ebeling
__NOTOC__ Richard M. Ebeling (; born January 30, 1950) is an American libertarian author who was the president of the Foundation for Economic Education (FEE) from 2003 to 2008. Ebeling is currently the BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel in Charleston, South Carolina. Ebeling is a supporter of the Austrian School of Economics and written extensively on the subject, particularly as inspired by the works of Friedrich Hayek, Israel Kirzner, Ludwig Lachmann, and Ludwig von Mises. Much of his career has focused on Ludwig von Mises, for whom he posthumously published a trove of writings that had been looted by the Nazis from his Vienna apartment in 1938 and subsequently captured by the Soviet Army at the end of World War II. Following the documents' discovery and translation, Ebeling edited and published the three volume series ''Selected Writings of Ludwig von Mises''. Ebeling's most recent works include ''Political Economy, Public Poli ...
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Socialism
Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the economic, political and social theories and movements associated with the implementation of such systems. Social ownership can be state/public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element. Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change. Socialist systems are divided into non-market and market f ...
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