Gottlieb Hufeland
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Gottlieb Hufeland
Gottlieb Hufeland (29 October 1760 – 25 February 1817) was a German economist and jurist. Biography Born in Danzig (Gdańsk), Royal Prussia, Crown of Poland, Hufeland was educated at the gymnasium of his native town, and completed his university studies at Leipzig and Göttingen. He graduated at Jena, and in 1788 was there appointed to an extraordinary professorship. Five years later he was made ordinary professor. His lectures on natural law, in which he developed with great acuteness and skill the formal principles of the Kantian theory of legislation, attracted a large audience, and contributed to raise to its height the fame of the University of Jena, then unusually rich in able teachers. In 1803, after the departure of many of his colleagues from Jena, Hufeland accepted a call to Würzburg, from which, after but a brief tenure of a professorial chair, he proceeded to Landshut. From 1806 to 1812 he acted as burgomaster in his native town of Danzig. Returning to Landshut, ...
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Gottlieb Hufeland
Gottlieb Hufeland (29 October 1760 – 25 February 1817) was a German economist and jurist. Biography Born in Danzig (Gdańsk), Royal Prussia, Crown of Poland, Hufeland was educated at the gymnasium of his native town, and completed his university studies at Leipzig and Göttingen. He graduated at Jena, and in 1788 was there appointed to an extraordinary professorship. Five years later he was made ordinary professor. His lectures on natural law, in which he developed with great acuteness and skill the formal principles of the Kantian theory of legislation, attracted a large audience, and contributed to raise to its height the fame of the University of Jena, then unusually rich in able teachers. In 1803, after the departure of many of his colleagues from Jena, Hufeland accepted a call to Würzburg, from which, after but a brief tenure of a professorial chair, he proceeded to Landshut. From 1806 to 1812 he acted as burgomaster in his native town of Danzig. Returning to Landshut, ...
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Adam Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God's will, God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philos ...
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People From Royal Prussia
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of per ...
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Writers From Gdańsk
A writer is a person who uses written words in different writing styles and techniques to communicate ideas. Writers produce different forms of literary art and creative writing such as novels, short stories, books, poetry, travelogues, plays, screenplays, teleplays, songs, and essays as well as other reports and news articles that may be of interest to the general public. Writers' texts are published across a wide range of media. Skilled writers who are able to use language to express ideas well, often contribute significantly to the cultural content of a society. The term "writer" is also used elsewhere in the arts and music, such as songwriter or a screenwriter, but also a stand-alone "writer" typically refers to the creation of written language. Some writers work from an oral tradition. Writers can produce material across a number of genres, fictional or non-fictional. Other writers use multiple media such as graphics or illustration to enhance the communication of thei ...
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German Jurists
German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Germanic peoples (Roman times) * German language **any of the Germanic languages * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (other) * German ...
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German Economists
German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Germanic peoples (Roman times) * German language **any of the Germanic languages * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (other) * Germa ...
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1817 Deaths
Events January–March * January 1 – Sailing through the Sandwich Islands, Otto von Kotzebue discovers New Year Island. * January 19 – An army of 5,423 soldiers, led by General José de San Martín, starts crossing the Andes from Argentina, to liberate Chile and then Peru. * January 20 – Ram Mohan Roy and David Hare found Hindu College, Calcutta, offering instructions in Western languages and subjects. * February 12 – Battle of Chacabuco: The Argentine–Chilean patriotic army defeats the Spanish. * March 3 ** President James Madison vetoes John C. Calhoun's Bonus Bill. ** The U.S. Congress passes a law to split the Mississippi Territory, after Mississippi drafts a constitution, creating the Alabama Territory, effective in August. * March 4 – James Monroe is sworn in as the fifth President of the United States. * March 21 – The flag of the Pernambucan Revolt is publicly blessed by the dean of Recife Cathedral, Brazil. ...
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1760 Births
Year 176 ( CLXXVI) was a leap year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Proculus and Aper (or, less frequently, year 929 ''Ab urbe condita''). The denomination 176 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 * November 27 – Emperor Marcus Aurelius grants his son Commodus the rank of ''Imperator'', and makes him Supreme Commander of the Roman legions. * December 23 – Marcus Aurelius and Commodus enter Rome after a campaign north of the Alps, and receive a triumph for their victories over the Germanic tribes. * The Equestrian Statue of Marcus Aurelius is made. It is now kept at Museo Capitolini in Rome (approximate date). Births * Fa Zheng, Chinese nobleman and adviser (d. 220) * Liu Bian, Chinese emperor of the Han Dynasty ( ...
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Halle An Der Saale
Halle (Saale), or simply Halle (; from the 15th to the 17th century: ''Hall in Sachsen''; until the beginning of the 20th century: ''Halle an der Saale'' ; from 1965 to 1995: ''Halle/Saale'') is the largest city of the German state of Saxony-Anhalt, the fifth most populous city in the area of former East Germany after (East) Berlin, Leipzig, Dresden and Chemnitz, as well as the 31st largest city of Germany, and with around 239,000 inhabitants, it is slightly more populous than the state capital of Magdeburg. Together with Leipzig, the largest city of Saxony, Halle forms the polycentric Leipzig-Halle conurbation. Between the two cities, in Schkeuditz, lies Leipzig/Halle International Airport. The Leipzig-Halle conurbation is at the heart of the larger Central German Metropolitan Region. Halle lies in the south of Saxony-Anhalt, in the Leipzig Bay, the southernmost part of the North German Plain, on the River Saale (a tributary of the Elbe), which is the third longest river flow ...
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Economic Rent
In economics, economic rent is any payment (in the context of a market transaction) to the owner of a factor of production in excess of the cost needed to bring that factor into production. In classical economics, economic rent is any payment made (including imputed value) or benefit received for non-produced inputs such as location (land) and for assets formed by creating official privilege over natural opportunities (e.g., patents). In the moral economy of neoclassical economics, economic rent includes income gained by labor or state beneficiaries of other "contrived" (assuming the market is natural, and does not come about by state and social contrivance) exclusivity, such as labor guilds and unofficial corruption. Overview In the moral economy of the economics tradition broadly, economic rent is opposed to producer surplus, or normal profit, both of which are theorized to involve productive human action. Economic rent is also independent of opportunity cost, unlike ec ...
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Entrepreneur
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While de ...
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Theory Of Money
Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects. Modern analysis has attempted to provide microfoundations for the demand for money and to distinguish valid nominal and real monetary relationships for micro or macro uses, including their influence on the aggregate demand for output. Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions. History The foundational concep ...
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