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John Kenneth Galbraith
John Kenneth Galbraith (October 15, 1908 – April 29, 2006), also known as Ken Galbraith, was a Canadian-American economist, diplomat, public official, and intellectual. His books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutional economics, institutionalist perspective. He served as the deputy director of the powerful Office of Price Administration (OPA) during World War II in charge of stabilizing all prices, wages and rents in the American economy, to combat the threat of inflation and hoarding during a time of shortages and rationing, a task which was successfully accomplished. Galbraith was a long-time Harvard faculty member and stayed with Harvard University for half a century as a professor of economics. He was a prolific author and wrote four dozen books, including several novels, and published more than a thousand articles and essays on various subjects. Among his works ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John F
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died ), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (died ), one of the twelve apostles of Jesus Christ * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karl Marx
Karl Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, political theorist, economist, journalist, and revolutionary socialist. He is best-known for the 1848 pamphlet '' The Communist Manifesto'' (written with Friedrich Engels), and his three-volume (1867–1894), a critique of classical political economy which employs his theory of historical materialism in an analysis of capitalism, in the culmination of his life's work. Marx's ideas and their subsequent development, collectively known as Marxism, have had enormous influence. Born in Trier in the Kingdom of Prussia, Marx studied at the universities of Bonn and Berlin, and received a doctorate in philosophy from the University of Jena in 1841. A Young Hegelian, he was influenced by the philosophy of Georg Wilhelm Friedrich Hegel, and both critiqued and developed Hegel's ideas in works such as '' The German Ideology'' (written 1846) and the '' Grundrisse'' (written 1857–1858). While in Paris, Marx wrote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard
Harvard University is a private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have made it one of the most prestigious universities in the world. Harvard was founded and authorized by the Massachusetts General Court, the governing legislature of colonial-era Massachusetts Bay Colony. While never formally affiliated with any denomination, Harvard trained Congregational clergy until its curriculum and student body were gradually secularized in the 18th century. By the 19th century, Harvard emerged as the most prominent academic and cultural institution among the Boston elite. Following the American Civil War, under Harvard president Charles William Eliot's long tenure from 1869 to 1909, Harvard developed multiple professional schools, which transfo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutional Economics
Institutional economics focuses on understanding the role of the Sociocultural evolution, evolutionary process and the role of institutions in shaping Economy, economic Human behavior, behavior. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other. Its name and core elements trace back to a 1919 ''American Economic Review'' article by Walton H. Hamilton. Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions (e.g. individuals, firms, states, social norms). The earlier tradition continues today as a leading Heterodox economics, heterodox approach to economics.Warren Samuels, Warren J. Samuels ([1987] 2008). "institutional economics," ''The New Palgrave: A Dictionary of Economics''Abstract. "Traditional" institutionalism rejects the ''reduction'' of institutions to simply tastes, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-Keynesian Economics
Post-Keynesian economics is a Schools of economic thought, school of economic thought with its origins in ''The General Theory of Employment, Interest and Money, The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub (economist born 1914), Sidney Weintraub, Paul Davidson (economist), Paul Davidson, Piero Sraffa, Jan Kregel and Marc Lavoie. Historian Robert Skidelsky, Baron Skidelsky, Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics based on a non-equilibrium economics, non-equilibrium approach. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Alfred Eichner, Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Presidential Medal Of Freedom
The Presidential Medal of Freedom is the highest civilian award of the United States, alongside the Congressional Gold Medal. It is an award bestowed by decision of the president of the United States to "any person recommended to the President for award of the Medal or any person selected by the President upon his own initiative", and was created to recognize people who have made "an especially meritorious contribution to (1) the security or national interests of the United States, or (2) world peace, or (3) cultural or other significant public or private endeavors." The award is not limited to U.S. citizens, and, while it is a civilian award, it can also be awarded to military personnel and worn on the uniform. It was established in 1963 by President John F. Kennedy, superseding the Medal of Freedom that was initially established by President Harry S. Truman in 1945 to honor civilian service. Occasionally, the medal award is further denoted as, "with distinction." There are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Officer Of The Order Of Canada
The Order of Canada () is a Canadian national order and the second-highest honour for merit in the system of orders, decorations, and medals of Canada, after the Order of Merit. To coincide with the centennial of Canadian Confederation, the three-tiered order was established in 1967 as a fellowship recognizing the outstanding merit or distinguished service of Canadians who make a major difference to Canada through lifelong contributions in every field of endeavour, as well as efforts by non-Canadians who have made the world better by their actions. Membership is accorded to those who exemplify the order's Latin motto, , meaning "they desire a better country", a phrase taken from Hebrews 11:16. The three tiers of the order are Companion, Officer and Member. Specific people may be given extraordinary membership and deserving non-Canadians may receive honorary appointment into each grade. , the reigning Canadian monarch, is the order's sovereign. The governor general administ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lomonosov Gold Medal
The Lomonosov Gold Medal ( ''Bol'shaya zolotaya medal' imeni M. V. Lomonosova''), named after Russian scientist and polymath Mikhail Lomonosov, is awarded each year since 1959 for outstanding achievements in the natural sciences and the humanities by the USSR Academy of Sciences and later the Russian Academy of Sciences (RAS). Since 1967, two medals have been awarded annually: one to a Russian and one to a foreign scientist. It is the academy's highest accolade. Recipients of Lomonosov Gold Medal __NOTOC__ 1959 * Pyotr Leonidovich Kapitsa: cumulatively, for works in physics of low temperatures. 1961 * Aleksandr Nikolaevich Nesmeyanov: accumulatively for works in chemistry. 1963 * Sin-Itiro Tomonaga (member of the Japanese academy of Sciences, president of the Scientific Council of Japan): for substantial scientific contributions to the development of physics. * Hideki Yukawa (member of the Japanese academy of Sciences, director of the Institute of Basic Research at the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conventional Wisdom
The conventional wisdom or received opinion is the body of ideas or explanations generally accepted by the public and/or by experts in a field. History The term "conventional wisdom" dates back to at least 1838, as a synonym for "commonplace knowledge". It was used in a number of works, occasionally in a benign''E.g.,'1 Nahum Capen, ''The History of Democracy'' (1874), page 477("millions of all classes alike are equally interested and protected by the practical judgment and conventional wisdom of ages"). or neutral''E.g.,'"Shallow Theorists", ''American Educational Monthly'' 383 (Oct. 1866)("What is the result? Just what conventional wisdom assumes it would be."). sense, but more often pejoratively.''E.g.,'Joseph Warren Beach, ''The Technique of Thomas Hardy'' (1922), page 152("He has not the colorless monotony of the business man who follows sure ways to success, who has conformed to every rule of conventional wisdom, and made himself as featureless as a potato field, as tame as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Technostructure
Technostructure is the group of technicians, analysts within an organisation (enterprise, administrative body) with considerable influence and control on its economy. The term was coined by the economist John Kenneth Galbraith in '' The New Industrial State'' (1967). It usually refers to managerial capitalism where the managers and other company leading administrators, scientists, or lawyers retain more power and influence than the shareholders in the decisional and directional process.John Kenneth Galbraith, ''The New Industrial State'', p. 71 HMCO 1967 Historical context The power struggle between the technostructure and the shareholders was first evoked by Thorstein Veblen in "The Theory of the Leisure Class" (1899), questioning who, among the managers and the shareholders, should control the enterprise. At the time and until the end of the 1980s, the shareholders, unable to effectively regroup and organise themselves, could not exert enough pressure to effectively counter the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Countervailing Power
Countervailing power, or countervailance, is the idea in political theory that the wielding of power by two or more groups, centers, or sets of interests within a polity can, and often does, yield beneficial effects through productive opposition and containment between opposing forces. As a political concept, it resembles those of agonism, agonistic pluralism, and checks and balances, encapsulated in the often-quoted phrase from Federalist No. 51 that "ambition must be made to counteract ambition." The notion of countervailance has been applied in both politics and economics. In political theory, countervailance dates back at least to Medieval times, especially in reformist Roman Catholic and early Protestant movements. The Conciliar Movement, although ultimately ending in failure to reform the Catholic Church, "raised issues that are fundamental in all domains of social organization, and it contributed to the understanding of the general principle of countervailance, which even ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adolf A
Adolf (also spelt Adolph or Adolphe, Adolfo, and when Latinised Adolphus) is a given name with German origins. The name is a compound derived from the Old High German ''Athalwolf'' (or ''Hadulf''), a composition of ''athal'', or ''adal'', meaning "noble" (or '' had(u)''-, meaning "battle, combat"), and ''wolf''. The name is cognate to the Anglo-Saxon name '' Æthelwulf'' (also Eadulf or Eadwulf). The name can also be derived from the ancient Germanic elements "Wald" meaning "power", "brightness" and wolf (Waldwulf). Due to its extremely negative associations with the Nazi leader Adolf Hitler, the name has greatly declined in popularity since the end of World War II. Similar names include Lithuanian language, Lithuanian Adolfas and Latvian language, Latvian Ādolfs. The female forms Adolphine (name), Adolphine and Adolpha are far more rare than the male names. Adolphus can also appear as a surname, as in John Adolphus, the English historian. Popularity and usage During the 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
