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Henry Ludwell Moore
Henry Ludwell Moore (November 21, 1869 – April 28, 1958) was an American economist known for his pioneering work in econometrics. Paul Samuelson named Moore (along with Harry Gunnison Brown, Allyn Abbott Young, Wesley Clair Mitchell, Frank Knight, Jacob Viner, and Henry Schultz) as one of the several "American saints in economics" born after 1860. Biography Moore was born in Charles County, Maryland, the first of 15 children. He received a B.A. from Randolph-Macon College in 1892 and a Ph.D. from Johns Hopkins University in 1896. His thesis was on Johann Heinrich von Thünen, von Thünen's theory of the natural wage. The visiting lecturers included Simon Newcomb and John Bates Clark, J. B. Clark and he may have learned some mathematical economics from them. While doing the Ph.D., he spent a year at the University of Vienna. At that time study in Europe was quite usual; Americans often went to Europe, usually to Germany, for their entire graduate education. Moore was an early U.S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles County
Charles County is a county in Southern Maryland. As of the 2020 United States Census, 2020 census, the population was 166,617. The county seat is La Plata, Maryland, La Plata. The county was named for Charles Calvert, 3rd Baron Baltimore, Charles Calvert (1637–1715), third Baron Baltimore. Charles County is part of the Washington metropolitan area and the Southern Maryland region. With a median household income of $103,678, it is the List of highest-income counties in the United States, 39th wealthiest county in the United States and the highest-income county with a Black-majority population. History Charles County was created in 1658 by an Order in Council. There was also an earlier Charles County from 1650 to 1654, sometimes referred to in historic documents as Old Charles County, Maryland, Old Charles County, which consisted largely of lands within today’s borders but "included parts of St. Mary’s, Calvert, present-day Charles and Prince George’s County". In April 186 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allyn Abbott Young
Allyn Abbott Young (September 19, 1876 – March 7, 1929) was an American economist. He was born into a middle-class family in Kenton, Ohio. He died aged 52 in London, his life cut short by pneumonia during an influenza epidemic. He was then at the height of his intellectual powers and current president of Section F of the British Association. Uniquely, Young had also been president of the American Statistical Association (1917) and the American Economic Association (1925). Life As documented in a 1995 biography by Charles Blitch, Young was a brilliant student, graduating from Hiram College in 1892 at the age of sixteen, the youngest graduate on record. After a few years in the printing trade he enrolled in 1898 in the graduate school of the University of Wisconsin where he studied economics under Richard T. Ely and William A. Scott, history under Charles H. Haskins and Frederick Jackson Turner, and statistics under Edward D. Jones. In 1900 he was engaged for a year as an assistan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Irving Fisher
Irving Fisher (February 27, 1867 – April 29, 1947) was an American economist, statistician, inventor, eugenicist and progressive social campaigner. He was one of the earliest American neoclassical economists, though his later work on debt deflation has been embraced by the post-Keynesian school. Joseph Schumpeter described him as "the greatest economist the United States has ever produced", an assessment later repeated by James Tobin and Milton Friedman.Milton Friedman, ''Money Mischief: Episodes in Monetary History'', Houghton Mifflin Harcourt (1994) p. 37. Fisher made important contributions to utility theory and general equilibrium. He was also a pioneer in the rigorous study of intertemporal choice in markets, which led him to develop a theory of capital and interest rates. His research on the quantity theory of money inaugurated the school of macroeconomic thought known as "monetarism". Fisher was also a pioneer of econometrics, including the development of index nu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Equilibrium Theory
In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. General equilibrium theory contrasts to the theory of ''partial'' equilibrium, which analyzes a specific part of an economy while its other factors are held constant. In general equilibrium, constant influences are considered to be noneconomic, therefore, resulting beyond the natural scope of economic analysis. The noneconomic influences is possible to be non-constant when the economic variables change, and the prediction accuracy may depend on the independence of the economic factors. General equilibrium theory both studies economies using the model of equilibrium pricing and seeks to determine in which circumstances the assumptions of general equilibrium will hold. The theory dates to the 1870s, particularly t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Stanley Jevons
William Stanley Jevons (; 1 September 183513 August 1882) was an English economist and logician. Irving Fisher described Jevons's book ''A General Mathematical Theory of Political Economy'' (1862) as the start of the mathematical method in economics. It made the case that economics, as a science concerned with quantities, is necessarily mathematical. In so doing, it expounded upon the "final" (marginal) utility theory of value. Jevons' work, along with similar discoveries made by Carl Menger in Vienna (1871) and by Léon Walras in Switzerland (1874), marked the opening of a new period in the history of economic thought. Jevons's contribution to the marginal revolution in economics in the late 19th century established his reputation as a leading political economist and logician of the time. Jevons broke off his studies of the natural sciences in London in 1854 to work as an assayer in Sydney, where he acquired an interest in political economy. Returning to the UK in 1859, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alfred Marshall
Alfred Marshall (26 July 1842 – 13 July 1924) was an English economist, and was one of the most influential economists of his time. His book '' Principles of Economics'' (1890) was the dominant economic textbook in England for many years. It brought the ideas of supply and demand, marginal utility, and costs of production into a coherent whole. He is known as one of the founders of neoclassical economics. Life and career Marshall was born at Bermondsey in London, second son of William Marshall (1812–1901), clerk and cashier at the Bank of England, and Rebecca (1817–1878), daughter of butcher Thomas Oliver, from whom, on her mother's death, she inherited property. William Marshall was a devout strict Evangelical, "author of an Evangelical epic in a sort of Anglo-Saxon language of his own invention which found some favour in its appropriate circles" and of a tract titled ''Men's Rights and Women's Duties''. Marshall had two brothers and two sisters; a cousin was the econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Statistical Association
The American Statistical Association (ASA) is the main professional organization for statisticians and related professionals in the United States. It was founded in Boston, Massachusetts on November 27, 1839, and is the second oldest continuously operating professional society in the US (only the Massachusetts Medical Society, founded in 1781, is older). The ASA services statisticians, quantitative scientists, and users of statistics across many academic areas and applications. The association publishes a variety of journals and sponsors several international conferences every year. Mission The organization's mission is to promote good application of statistical science, specifically to: * support excellence in statistical practice, research, journals, and meetings * work for the improvement of statistical education at all levels * promote the proper application of statistics * anticipate and meet member needs * use the discipline of statistics to enhance human welfare * seek opp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fellow
A fellow is a concept whose exact meaning depends on context. In learned or professional societies, it refers to a privileged member who is specially elected in recognition of their work and achievements. Within the context of higher educational institutions, a fellow can be a member of a highly ranked group of teachers at a particular college or university or a member of the governing body in some universities (such as the Fellows of Harvard College); it can also be a specially selected postgraduate student who has been appointed to a post (called a fellowship) granting a stipend, research facilities and other privileges for a fixed period (usually one year or more) in order to undertake some advanced study or research, often in return for teaching services. In the context of research and development-intensive large companies or corporations, the title "fellow" is sometimes given to a small number of senior scientists and engineers. In the context of medical education in No ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ladislaus Bortkiewicz
Ladislaus Josephovich Bortkiewicz (Russian Владислав Иосифович Борткевич, German ''Ladislaus von Bortkiewicz'' or ''Ladislaus von Bortkewitsch'') (7 August 1868 – 15 July 1931) was a Russian economist and statistician of Polish ancestry. He wrote a book showing how the Poisson distribution, a discrete probability distribution, can be useful in applied statistics, and he made contributions to mathematical economics. He lived most of his professional life in Germany, where he taught at Strassburg University (Privatdozent, 1895–1897) and Berlin University (1901–1931). Life and work Władysław Bortkiewicz was born in Saint Petersburg, Imperial Russia, to two ethnic Polish parents: Józef Bortkiewicz and Helena Bortkiewicz (née Rokicka). His father was a Polish nobleman who served in the Russian Imperial Army. Władysław graduated from the Law Faculty in 1890. In 1898 he published a book about the Poisson distribution, titled ''The Law of Small ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smith College
Smith College is a Private university, private Liberal arts colleges in the United States, liberal arts Women's colleges in the United States, women's college in Northampton, Massachusetts. It was chartered in 1871 by Sophia Smith (Smith College), Sophia Smith and opened in 1875. It is the largest member of the historic Seven Sisters (colleges), Seven Sisters colleges, a group of elite women's colleges in the Northeastern United States. Smith is also a member of the Five College Consortium, along with four other nearby institutions in the Pioneer Valley: Mount Holyoke College, Amherst College, Hampshire College, and the University of Massachusetts Amherst; students of each college are allowed to attend classes at any other member institution. On campus are Smith's Smith College Museum of Art, Museum of Art and The Botanic Garden of Smith College, Botanic Garden, the latter designed by Frederick Law Olmsted. Smith has 41 academic departments and programs and is structured around a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Vienna
The University of Vienna (german: Universität Wien) is a public research university located in Vienna, Austria. It was founded by Duke Rudolph IV in 1365 and is the oldest university in the German-speaking world. With its long and rich history, the university has developed into one of the largest universities in Europe, and also one of the most renowned, especially in the Humanities. It is associated with 21 Nobel prize winners and has been the academic home to many scholars of historical as well as of academic importance. History From the Middle Ages to the Enlightenment The university was founded on March 12, 1365, by Rudolf IV, Duke of Austria, hence the name "Alma Mater Rudolphina". After the Charles University in Prague and Jagiellonian University in Kraków, the University of Vienna is the third oldest university in Central Europe and the oldest university in the contemporary German-speaking world; it remains a question of definition as the Charles University in Prague ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johann Heinrich Von Thünen
Johann Heinrich von Thünen (24 June 1783 – 22 September 1850), sometimes spelled Thuenen, was a prominent nineteenth century economist and a native of Mecklenburg-Strelitz, now in northern Germany.He "ranks alongside Marx as the greatest German economist of the nineteenth century" (Fernand Braudel). Work Thünen's model of agricultural land use Thünen was a Mecklenburg landowner, who in the first volume of his treatise ''The Isolated State'' (1826), developed the first serious treatment of spatial economics and economic geography, connecting it with the theory of rent. The importance lies less in the pattern of land use predicted than in its analytical approach. Thünen developed the basics of the theory of marginal productivity in a mathematically rigorous way, summarizing it in the formula in which :R = Y(p - c) - YFm \, where R = land rent; Y = yield per unit of land; c = production expenses per unit of commodity; p=market price per unit of commodity; F = freight rat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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