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Horst Siebert
Horst Siebert (20 March 1938 – 2 June 2009) was a German economist. He was a member of the German Council of Economic Experts from 1990 to 2003. Siebert also served as a member of both the Group of Economic Analysis (GEA) and the Group of Economic Policy Analysis (GEPA), a number of "European economists who advise the European Commission’s president." From 2002 to 2004, as a member of GEA, he advised EU President Romano Prodi. From 2005 to 2007, as a member of GEPA, he advised EU President Jose Manuel Barroso Siebert spent most of his academic career at the University of Kiel, where he held the chair for economic theory from 1989 to 2003. A native of Neuwied, Rhineland-Palatinate, Siebert studied economics at the University of Cologne (1959–1963), while also studying, and undertaking research in, economics at Wesleyan University (1960–1961). He earned his doctorate degree in economics from the University of Münster in 1965. Siebert was appointed to the chair of economic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neuwied
Neuwied () is a town in the north of the German state of Rhineland-Palatinate, capital of the District of Neuwied. Neuwied lies on the east bank of the Rhine, 12 km northwest of Koblenz, on the railway from Frankfurt am Main to Cologne. The town has 13 suburban administrative districts: Heimbach-Weis, Gladbach, Engers, Oberbieber, Niederbieber, Torney, Segendorf, Altwied, Block, Irlich, Feldkirchen, Heddesdorf and Rodenbach. The largest is Heimbach-Weis, with approximately 8000 inhabitants. History Near Neuwied, one of the largest Roman ''castra'' on the Rhine has been excavated by archeologists. Caesar's Rhine bridges are believed to have been built nearby. Neuwied was founded in 1653 by Count Frederick III. of Wied, initially as a fortress on the site of the village of Langendorf, which had been destroyed in the Thirty Years' War (1618–1648). It was to serve as the new residence of the lower county, secure its only access to the Rhine and enable the small state, imp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Council Of Economic Experts
The German Council of Economic Experts (German: ') is a group of economists set up in 1963 to evaluate economic policies of the German government. In the media, the council is often referred to as the "Five Sages of Economy" (''Fünf Wirtschaftsweisen''), or simply the "Five Sages" (''Fünf Weisen''). Role Every year the Council prepares an annual report which is published before or by November 15. The federal government has to publish its comments and conclusions within eight weeks of the publication of the annual report. The Council’s secretariat is based at the Federal Statistical Office of Germany in Wiesbaden. Membership Composition The Council has five members which – based on the recommendation of the Federal Minister for Economic Affairs and Energy – are nominated by the federal government and appointed by the President of Germany for a term of five years. Every membership expires on 1 March of the term’s final year. Traditionally, the Joint Committee of German ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York University
New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the non-denominational all-male institution began its first classes near City Hall based on a curriculum focused on a secular education. The university moved in 1833 and has maintained its main campus in Greenwich Village surrounding Washington Square Park. Since then, the university has added an engineering school in Brooklyn's MetroTech Center and graduate schools throughout Manhattan. NYU has become the largest private university in the United States by enrollment, with a total of 51,848 enrolled students, including 26,733 undergraduate students and 25,115 graduate students, in 2019. NYU also receives the most applications of any private institution in the United States and admission is considered highly selective. NYU is organized int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the most prestigious and highly ranked academic institutions in the world. Founded in response to the increasing industrialization of the United States, MIT adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering. MIT is one of three private land grant universities in the United States, the others being Cornell University and Tuskegee University. The institute has an urban campus that extends more than a mile (1.6 km) alongside the Charles River, and encompasses a number of major off-campus facilities such as the MIT Lincoln Laboratory, the Bates Center, and the Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes. , 98 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowment inco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European University Institute
The European University Institute (EUI) is an international postgraduate and post-doctoral teaching and research institute and an independent body of the European Union with juridical personality, established by the member states to contribute to cultural and scientific development in the social sciences, in a European perspective. EUI is designated as an international organisation. It is located in the hills above Florence in Fiesole, Italy. In 2021, EUI's School of Transnational Governance, with its flagship graduate and executive programmes, moved to the Casino Mediceo di San Marco, which is a late-Renaissance or Mannerist style palace in the historic centre of Florence. History and member states The European University Institute (EUI) was founded in 1972 by the member states of the European Community. The EUI finds its origins in the advocacy for a European institute at the 1948 Hague Conference and the European Cultural Conference the following year. At the 1955 Messin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Australian National University
The Australian National University (ANU) is a public research university located in Canberra, the capital of Australia. Its main campus in Acton encompasses seven teaching and research colleges, in addition to several national academies and institutes. ANU is regarded as one of the world's leading universities, and is ranked as the number one university in Australia and the Southern Hemisphere by the 2022 QS World University Rankings and second in Australia in the ''Times Higher Education'' rankings. Compared to other universities in the world, it is ranked 27th by the 2022 QS World University Rankings, and equal 54th by the 2022 ''Times Higher Education''. In 2021, ANU is ranked 20th (1st in Australia) by the Global Employability University Ranking and Survey (GEURS). Established in 1946, ANU is the only university to have been created by the Parliament of Australia. It traces its origins to Canberra University College, which was established in 1929 and was integrated into A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cobra Effect
A perverse incentive is an incentive that has an unintended and undesirable result that is contrary to the intentions of its designers. The cobra effect is the most direct kind of perverse incentive, typically because the incentive unintentionally rewards people for making the issue worse. The term is used to illustrate how incorrect stimulation in economics and politics can cause unintended consequences. Examples of perverse incentives The original cobra effect The term ''cobra effect'' was coined by economist Horst Siebert based on an anecdote of an occurrence in India during British rule. The British government, concerned about the number of venomous cobras in Delhi, offered a bounty for every dead cobra. Initially, this was a successful strategy; large numbers of snakes were killed for the reward. Eventually, however, enterprising people began to breed cobras for the income. When the government became aware of this, the reward program was scrapped. When cobra breeders s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perverse Incentive
A perverse incentive is an incentive that has an unintended and undesirable result that is contrary to the intentions of its designers. The cobra effect is the most direct kind of perverse incentive, typically because the incentive unintentionally rewards people for making the issue worse. The term is used to illustrate how incorrect stimulation in economics and politics can cause unintended consequences. Examples of perverse incentives The original cobra effect The term ''cobra effect'' was coined by economist Horst Siebert based on an anecdote of an occurrence in India during British rule. The British government, concerned about the number of venomous cobras in Delhi, offered a bounty for every dead cobra. Initially, this was a successful strategy; large numbers of snakes were killed for the reward. Eventually, however, enterprising people began to breed cobras for the income. When the government became aware of this, the reward program was scrapped. When cobra breeders s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhineland-Palatinate
Rhineland-Palatinate ( , ; german: link=no, Rheinland-Pfalz ; lb, Rheinland-Pfalz ; pfl, Rhoilond-Palz) is a western state of Germany. It covers and has about 4.05 million residents. It is the ninth largest and sixth most populous of the sixteen states. Mainz is the capital and largest city. Other cities are Ludwigshafen am Rhein, Koblenz, Trier, Kaiserslautern, Worms and Neuwied. It is bordered by North Rhine-Westphalia, Saarland, Baden-Württemberg and Hesse and by the countries France, Luxembourg and Belgium. Rhineland-Palatinate was established in 1946 after World War II, from parts of the former states of Prussia (part of its Rhineland and Nassau provinces), Hesse (Rhenish Hesse) and Bavaria (its former outlying Palatinate kreis or district), by the French military administration in Allied-occupied Germany. Rhineland-Palatinate became part of the Federal Republic of Germany in 1949 and shared the country's only border with the Saar Protectorate until the latter wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Theory
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jose Manuel Barroso
Jose is the English transliteration of the Hebrew and Aramaic name ''Yose'', which is etymologically linked to ''Yosef'' or Joseph. The name was popular during the Mishnaic and Talmudic periods. * Jose ben Abin * Jose ben Akabya *Jose the Galilean *Jose ben Halafta *Jose ben Jochanan *Jose ben Joezer of Zeredah * Jose ben Saul Given name Male * Jose (actor), Indian actor * Jose C. Abriol (1918–2003), Filipino priest * Jose Advincula (born 1952), Filipino Catholic Archbishop * Jose Agerre (1889–1962), Spanish writer * Jose Vasquez Aguilar (1900–1980), Filipino educator * Jose Rene Almendras (born 1960), Filipino businessman * Jose T. Almonte (born 1931), Filipino military personnel * Jose Roberto Antonio (born 1977), Filipino developer * Jose Aquino II (born 1956), Filipino politician * Jose Argumedo (born 1988), Mexican professional boxer * Jose Aristimuño, American political strategist * Jose Miguel Arroyo (born 1945), Philippine lawyer * Jose D. Aspiras (1924–1999), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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