Donald F. Turner
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Donald F. Turner
Donald Frank Turner (March 19, 1921 – July 19, 1994) was an American antitrust attorney, economist, legal scholar and educator who spent most of his career teaching at Harvard Law School. He was also Assistant Attorney General in charge of the Antitrust Division from 1965 to 1968. Turner's work in academia and in the government profoundly affected American antitrust law. As an academic, with a Ph.D. in economics and law degrees, Turner published influential papers applying economics to a wide variety of antitrust issues. As the federal government's chief antitrust enforcement officer, he attempted to ground all policy on economic foundations, disregarding populist or other political components on the ground that they could not be the basis for sound policy. He also tried to develop rules that would allow courts to apply economic principles in a way that recognized the nature of evidentiary proof and the limitations of judicial fact-finding. in his later academic career, together w ...
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United States Department Of Justice Criminal Division
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ...
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Lawyer
A lawyer is a person who practices law. The role of a lawyer varies greatly across different legal jurisdictions. A lawyer can be classified as an advocate, attorney, barrister, canon lawyer, civil law notary, counsel, counselor, solicitor, legal executive, or public servant — with each role having different functions and privileges. Working as a lawyer generally involves the practical application of abstract legal theories and knowledge to solve specific problems. Some lawyers also work primarily in advancing the interests of the law and legal profession. Terminology Different legal jurisdictions have different requirements in the determination of who is recognized as being a lawyer. As a result, the meaning of the term "lawyer" may vary from place to place. Some jurisdictions have two types of lawyers, barrister and solicitors, while others fuse the two. A barrister (also known as an advocate or counselor in some jurisdictions) is a lawyer who typically specia ...
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Neoclassical Economics
Neoclassical economics is an approach to economics in which the production, consumption and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory, a theory that has come under considerable question in recent years. Neoclassical economics historically dominated macroeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s to the 1970s.Clark, B. (1998). ''Principles of political economy: A comparative approach''. Westport, Connecticut: Praeger. Nadeau, R. L. (2003). ''The Wealth of Na ...
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Chicago School Of Economics
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school. Chicago macroeconomic theory rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. The freshwater–saltwater distinction is largely antiquated today, as the two traditions have heavily incorporated ideas from each other. Specifically, new Keynesian economics was developed as a response to new classical economics, electing to incorporate the insight of rational expectations without giving up the traditional Keynesian focus on imperfect competition and sticky wages. Chicago economists have also left their intellectual influence in other fields, notably in pioneerin ...
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Barriers To Entry
In theories of competition in economics, a barrier to entry, or an economic barrier to entry, is a fixed cost that must be incurred by a new entrant, regardless of production or sales activities, into a market that incumbents do not have or have not had to incur. Because barriers to entry protect incumbent firms and restrict competition in a market, they can contribute to distortionary prices and are therefore most important when discussing antitrust policy. Barriers to entry often cause or aid the existence of monopolies and oligopolies, or give companies market power. Barriers of entry also have an importance in industries. First of all it is important to identify that some exist naturally, such as brand loyalty. Governments can also create barriers to entry to meet consumer protection laws, protecting the public. In other cases it can also be due to inherent scarcity of public resources needed to enter a market. Definitions Various conflicting definitions of "barrier to entr ...
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Structure–conduct–performance Paradigm
The structure–conduct–performance (SCP) paradigm, first published by economists Edward Chamberlin and Joan Robinson in 1933, and developed by Joe S. Bain is a model in Industrial Organization Economics which offers a causal theoretical explanation for firm performance through economic conduct on incomplete markets. This model has had direct influence on subsequent Industrial Economics models such as Porter's five forces analysis. According to the structure–conduct–performance paradigm, the market environment has a direct, short-term impact on the market structure Market structure, in economics, depicts how firms are differentiated and categorised based on the types of goods they sell (homogeneous/heterogeneous) and how their operations are affected by external factors and elements. Market structure makes it .... The market structure then has a direct influence on the firm's economic conduct, which in turn affects its market performance. Therein, feedback effects occur suc ...
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Carl Kaysen
Carl Kaysen (March 5, 1920 – February 8, 2010) was an American academic, policy advisor and international security specialist at the Massachusetts Institute of Technology (MIT) and co-chair of the ''Committee on International Security Studies'' at the American Academy of Arts and Sciences. He is the father of ''Girl, Interrupted'' author Susanna Kaysen. He was married for 50 years to Annette Neutra until her death in 1990. In 1994, he married Ruth Butler. Carl Kaysen worked for President John F. Kennedy as Deputy National Security Advisor, and was directly under National Security Advisor McGeorge Bundy. Kaysen took over the position from Walt Rostow in 1961 and concentrated on the key issues of the Kennedy Administration such as nuclear weapons, foreign trade, international economic policy and international security policy. On President Kennedy's orders, Kaysen prepared a report on how to utilize the US nuclear arsenal to preemptively destroy the Soviet Union’s nuclear cap ...
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Industrial Organization
In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and market (economics), markets. Industrial organization adds real-world complications to the perfect competition, perfectly competitive model, complications such as transaction costs, limited information economics, information, and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior on a continuum between Competition (economics), competition and monopoly, including from government actions. There are different approaches to the subject. One approach is descriptive in providing an overview of industrial organization, such as measures of competition and the size-concentration ratio, concentration of firms in an industry. A second approach uses microeconomic models to explain internal firm organization and market strategy, ...
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Joe S
Joe or JOE may refer to: Arts Film and television * ''Joe'' (1970 film), starring Peter Boyle * ''Joe'' (2013 film), starring Nicolas Cage * ''Joe'' (TV series), a British TV series airing from 1966 to 1971 * ''Joe'', a 2002 Canadian animated short about Joe Fortes Music and radio * "Joe" (Inspiral Carpets song) * "Joe" (Red Hot Chili Peppers song) * "Joe", a song by The Cranberries on their album ''To the Faithful Departed'' *"Joe", a song by PJ Harvey on her album '' Dry'' *"Joe", a song by AJR on their album ''OK Orchestra'' * Joe FM (other), any of several radio stations Computing * Joe's Own Editor, a text editor for Unix systems * Joe, an object-oriented Java computing framework based on Sun's Distributed Objects Everywhere project Media * Joe (website), a news website for the UK and Ireland * ''Joe'' (magazine), a defunct periodical developed originally for Kenyan youth Places * Joe, North Carolina, United States, a town * Jõe, Saaremaa Parish, Estoni ...
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Edward Sagendorph Mason
Edward Sagendorph Mason (February 22, 1899 – February 29, 1992) was an American economist and professor at Harvard University. He was the Dean of the Graduate School of Public Administration, now known as the John F. Kennedy School of Government, from 1947 to 1958. He was the president of the American Economic Association in 1962. Early life Edward Sagendorph Mason was born on February 22, 1899 in Clinton, Iowa. His younger brother was Warren P. Mason, who became an electrical engineer and physicist. He graduated from the University of Kansas in 1919. He entered Harvard University, where he was a Rhodes scholar at the University of Oxford during his master's degree. He earned a PhD in Economics from Harvard University in 1925. His thesis supervisor was Frank William Taussig. Career Mason taught a course on the history of socialism in the Department of Economics at his alma mater, Harvard University, in the 1920s and 1930s. He became a tenured professor in 1936. He was the dean ...
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Tom C
Tom or TOM may refer to: * Tom (given name), a diminutive of Thomas or Tomás or an independent Aramaic given name (and a list of people with the name) Characters * Tom Anderson, a character in '' Beavis and Butt-Head'' * Tom Beck, a character in the 1998 American science-fiction disaster movie '' Deep Impact'' * Tom Buchanan, the main antagonist from the 1925 novel ''The Great Gatsby'' * Tom Cat, a character from the ''Tom and Jerry'' cartoons * Tom Lucitor, a character from the American animated series ''Star vs. the Forces of Evil'' * Tom Natsworthy, from the science fantasy novel ''Mortal Engines'' * Tom Nook, a character in ''Animal Crossing'' video game series * Tom Servo, a robot character from the ''Mystery Science Theater 3000'' television series * Tom Sloane, a non-adult character from the animated sitcom ''Daria'' * Talking Tom, the protagonist from the ''Talking Tom & Friends'' franchise * Tom, a character from the '' Deltora Quest'' books by Emily Rodda * Tom, a ch ...
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Supreme Court Associate Justice
An associate justice of the Supreme Court of the United States is any member of the Supreme Court of the United States other than the chief justice of the United States. The number of associate justices is eight, as set by the Judiciary Act of 1869. Article II, Section 2, Clause 2 of the Constitution of the United States grants plenary power to the president to nominate, and with the advice and consent (confirmation) of the Senate, appoint justices to the Supreme Court. Article III, Section 1 of the Constitution effectively grants life tenure to associate justices, and all other federal judges, which ends only when a justice dies, retires, resigns, or is removed from office by impeachment. Each Supreme Court justice has a single vote in deciding the cases argued before it, and the chief justice's vote counts no more than that of any other justice; however, the chief justice leads the discussion of the case among the justices. Furthermore, the chief justice—when in the majorit ...
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