F. A. Harper
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F. A. Harper
Floyd Arthur "Baldy" Harper (February 7, 1905 – April 1973) was an American academic, economist and writer who was best known for founding the Institute for Humane Studies in 1961. Personal life Baldy Harper was born and raised in Middleville, Michigan and graduated from Michigan State University. He went on to obtain a doctorate in agricultural economics from Cornell University. Economist Herbert J. Davenport was influential to Harper during his time at Cornell. In 1930, Harper married Marguerite Kaechele. The couple had four children: Barbara, Harriet, Helen, and Larry. Career The Federal Farm Board employed Harper as a research field agent in 1930 and 1931. He worked as a business analyst for the Farm Credit Association in 1934. In academia Harper spent 19 years as a professor of marketing at Cornell University and in 1937 was appointed acting head of the Department of Agricultural economics at the University of Puerto Rico. He left Cornell in 1946 after university offici ...
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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 ...
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Business Analyst
A business analyst (BA) is a person who processes, interprets and documents business processes, products, services and software through analysis of data. The role of a business analyst is to ensure business efficiency increases through their knowledge of both Information technology, IT and business function. Some tasks of a business analyst include creating detailed business analysis, budgeting and forecasting, planning and monitoring, variance analysis, pricing, reporting and defining business requirements for Stakeholder (corporate), stakeholders. The business analyst role is applicable to four key areas/levels of business functions – operational, project, enterprise and competitive focuses. Each of these areas of business analysis have a significant impact on Business performance management, business performance, and assist in enhancing profitability and efficiency in all stages of the business process, and across all business functions. Role Business analysis is defined b ...
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Wabash College
Wabash College is a private liberal arts men's college in Crawfordsville, Indiana. Founded in 1832 by several Dartmouth College graduates and Midwestern leaders, it enrolls nearly 900 students. The college offers an undergraduate liberal arts curriculum in three academic divisions with 39 majors. History The college was initially named "The Wabash Teachers Seminary and Manual Labor College", a name shortened to its current form by 1851. Many of the founders were Presbyterian ministers, yet nevertheless believed that Wabash should be independent and non-sectarian. Patterning it after the liberal arts colleges of New England, they resolved "that the institution be at first a classical and English high school, rising into a college as soon as the wants of the country demand." Among these ministers was Caleb Mills, who became Wabash College's first faculty member. Dedicated to education in the then-primitive Mississippi Valley area, he would come to be known as the father of t ...
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Ethics
Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior".''Internet Encyclopedia of Philosophy'' The field of ethics, along with aesthetics, concerns matters of value; these fields comprise the branch of philosophy called axiology. Ethics seeks to resolve questions of human morality by defining concepts such as good and evil, right and wrong, virtue and vice, justice and crime. As a field of intellectual inquiry, moral philosophy is related to the fields of moral psychology, descriptive ethics, and value theory. Three major areas of study within ethics recognized today are: # Meta-ethics, concerning the theoretical meaning and reference of moral propositions, and how their truth values (if any) can be determined; # Normative ethics, concerning the practical means of determining a moral course of action; # Applied ethics, concerning what a person is obligated (or permitted) ...
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William Volker Fund
The William Volker Fund was a charitable foundation established in 1932 by Kansas City, Missouri, businessman and home-furnishings mogul William Volker. Volker founded the fund with the purposes of aiding the needy, reforming Kansas City's health care and educational systems, and combating the influence of machine politics in municipal governance. Following Volker's death in 1947, Volker's nephew Harold W. Luhnow continued the fund's previous mission, but also used the fund to promote and disseminate ideas on free-market economics. During Luhnow's tenure as the fund's primary manager, the William Volker Fund was one of the few libertarian organizations with significant amounts of money at its disposal, making it a key leader in developing the modern libertarian and conservative movements in the United States. William Volker and the establishment of the fund William Volker was born in Hanover, Germany, in 1859, and his family immigrated to the United States in 1871 and settle ...
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Karl Popper
Sir Karl Raimund Popper (28 July 1902 – 17 September 1994) was an Austrian-British philosopher, academic and social commentator. One of the 20th century's most influential philosophers of science, Popper is known for his rejection of the classical inductivist views on the scientific method in favour of empirical falsification. According to Popper, a theory in the empirical sciences can never be proven, but it can be falsified, meaning that it can (and should) be scrutinised with decisive experiments. Popper was opposed to the classical justificationist account of knowledge, which he replaced with critical rationalism, namely "the first non-justificational philosophy of criticism in the history of philosophy". In political discourse, he is known for his vigorous defence of liberal democracy and the principles of social criticism that he believed made a flourishing open society possible. His political philosophy embraced ideas from major democratic political ideologi ...
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Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that 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. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretatio ...
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Ludwig Von Mises
Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is best known for his work on praxeology studies comparing communism and capitalism. He is considered one of the most influential economic and political thinkers of the 20th century. Mises emigrated from Austria to the United States in 1940. Since the mid-20th century, libertarian movements have been strongly influenced by Mises's writings. Mises' student Friedrich Hayek viewed Mises as one of the major figures in the revival of classical liberalism in the post-war era. Hayek's work "The Transmission of the Ideals of Freedom" (1951) pays high tribute to the influence of Mises in the 20th century libertarian movement. Mises's Private Seminar was a leading group of economists. Many of its alumni, including Friedrich Hayek and Oskar Morgenst ...
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Mont Pelerin Society
The Mont Pelerin Society (MPS) is an international organization composed of economists, philosophers, historians, intellectuals and business leaders. Michael Novak, 'The Moral Imperative of a Free Economy', in '' The 4% Solution: Unleashing the Economic Growth America Needs'', Bush Institute, Crown Business, 2012, p. 294 The members see the MPS as an effort to interpret in modern terms the fundamental principles of economic society as expressed by classical Western economists, political scientists and philosophers. Its founders included Friedrich Hayek, Frank Knight, Karl Popper, Ludwig von Mises, George Stigler and Milton Friedman. The society advocates freedom of expression, free market economic policies and the political values of an open society. Further, the society seeks to discover ways in which the private sector can replace many functions currently provided by government entities. Aims In its "Statement of Aims" on 8 April 1947, the scholars were worried about the ...
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Foundation For Economic Education
The Foundation for Economic Education (FEE) is an American conservative, libertarian economic think tank. Founded in 1948 in New York City, FEE is now headquartered in Atlanta, Georgia. It is a member of the State Policy Network. FEE offers publications, lectures, and student workshops promoting free market principles. Views FEE states that its mission is to promote principles of "individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government." Friedrich Hayek described FEE's goal as "nothing more nor less than the defense of our civilization against intellectual error." History FEE, founded in 1946, is considered the oldest free-market think tank in the United States. An early aim was to roll back policies of the New Deal. FEE opposed the Marshall Plan, Social Security, and minimum wages, among other American social and economic policies. Its founding by Leonard E. Read, Henry Hazlitt, David Goodrich, Donaldson B ...
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Leonard Read
Leonard Edward Read (September 26, 1898 – May 14, 1983) was the founder of the Foundation for Economic Education (FEE), one of the first free market think tanks in the United States. He wrote 29 books and numerous essays, including the well-known " I, Pencil" (1958). Business career After a stint in the United States Army Air Service during World War I, Read started a grocery wholesale business in Ann Arbor, Michigan, which was initially successful but eventually went out of business. He moved to California where he started a new career in the tiny Burlingame Chamber of Commerce near San Francisco. Read gradually moved up the hierarchy of the United States Chamber of Commerce, finally becoming general manager of the Los Angeles branch, America's largest, in 1939. Libertarian activism During this period his views became progressively more libertarian. Apparently, it was in 1933, during a meeting with William C. Mullendore, the executive vice president of Southern Californ ...
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Friedrich Hayek
Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize. Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. At the University of Vienna, he studied economics, eventually receiving his doctoral degrees in law in 1921 and in political science in 1923. He subsequently lived and work ...
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