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Robert W. Fogel
Robert William Fogel (; July 1, 1926 – June 11, 2013) was an American economic historian and scientist, and winner (with Douglass North) of the 1993 Nobel Memorial Prize in Economic Sciences. As of his death, he was the Charles R. Walgreen Distinguished Service Professor of American Institutions and director of the Center for Population Economics (CPE) at the University of Chicago's Booth School of Business. He is best known as an advocate of new economic history (cliometrics) – the use of quantitative methods in history. Life and career Fogel was born in New York City, the son of Ukrainian Jewish immigrants from Odessa (1922). His brother, six years his senior, was his main intellectual influence in his youth as he listened to him and his college friends intensely discuss social and economic issues of the Great Depression. He graduated from the Stuyvesant High School in 1944. Upon his graduation he found himself with a love for literature and history and aspired for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago School Of Economics
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school. Chicago macroeconomic theory 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. The freshwater–saltwater distinction is largely antiquated today, as the two traditions have heavily incorporated ideas from each other. Specifically, new Keynesian economics was developed as a response to new classical economics, electing to incorporate the insight of rational expectations without giving up the traditional Keynesian focus on imperfect competition and sticky wages. Chicago economists have also left their intellectual influence in other fields, notably in pioneerin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Historian
Economic history is the academic learning of economies or economic events of the past. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labour, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic force and attempting to provide insights into the way it is structured and conceived. Using both quantitative data and qualitative sources, economic historians emphasize understanding the historical context in which major economic events take place. They often focus on the institutional dynamics of systems of production, labor, and capital, as well as the economy's impact on society, culture, and language. Scholars of the discipline may approach their analysis from the perspective of different schools of economic thought, such as mainstream econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Stigler
George Joseph Stigler (; January 17, 1911 – December 1, 1991) was an American economist. He was the 1982 laureate in Nobel Memorial Prize in Economic Sciences and is considered a key leader of the Chicago school of economics. Early life and education Stigler was born in Seattle, Washington, the son of Elsie Elizabeth (Hungler) and Joseph Stigler. He was of German descent and spoke German in his childhood. He graduated from the University of Washington in 1931 with a BA and then spent a year at Northwestern University from which he obtained his MBA in 1932. It was during his studies at Northwestern that Stigler developed an interest in economics and decided on an academic career. Career After he received a tuition scholarship from the University of Chicago, Stigler enrolled there in 1933 to study economics and went on to earn his PhD in economics there in 1938. He taught at Iowa State College from 1936 to 1938. He spent much of World War II at Columbia University, performi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communism
Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange which allocates products to everyone in the society.: "One widespread distinction was that socialism socialised production only while communism socialised production and consumption." Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance, but disagree on the means to this end. This reflects a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or communist party-driven approach through the development of a constitutional socialist st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communist Party
A communist party is a political party that seeks to realize the socio-economic goals of communism. The term ''communist party'' was popularized by the title of ''The Manifesto of the Communist Party'' (1848) by Karl Marx and Friedrich Engels. As a vanguard party, the communist party guides the political education and development of the working class (proletariat). As a ruling party, the communist party exercises power through the dictatorship of the proletariat. Vladimir Lenin developed the idea of the communist party as the revolutionary vanguard, when the socialist movement in Imperial Russia was divided into ideologically opposed factions, the Bolshevik faction ("of the majority") and the Menshevik faction ("of the minority"). To be politically effective, Lenin proposed a small vanguard party managed with democratic centralism which allowed centralized command of a disciplined cadre of professional revolutionaries. Once a policy was agreed upon, realizing political goals req ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communist
Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange which allocates products to everyone in the society.: "One widespread distinction was that socialism socialised production only while communism socialised production and consumption." Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance, but disagree on the means to this end. This reflects a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or communist party-driven approach through the development of a constitutional socialist state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Youth For Democracy
The Young Communist League USA (YCLUSA) is a communist youth organization in the United States. The stated aim of the League is the development of its members into Communists, through studying Marxism–Leninism and through active participation in the struggles of the American working class. The YCL recognizes the Communist Party USA as the party for socialism in the United States and operates as the Party's youth wing. Although the name of the group changed a number of times during its existence, its origins trace back to 1920, shortly after the establishment of the first communist parties in the United States. Although independent, in its final years the organization came under direct control of the CPUSA. After a backlash by members towards the suspension of elections and ideological shifts towards the right, membership plummeted. On November 14, 2015, the CPUSA's National Committee voted to suspend funding to the Young Communist League and the organization was subsequently di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odessa
Odesa (also spelled Odessa) is the third most populous city and municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern shore of the Black Sea. The city is also the administrative centre of the Odesa Raion and Odesa Oblast, as well as a multiethnic cultural centre. As of January 2021 Odesa's population was approximately In classical antiquity a large Greek settlement existed at its location. The first chronicle mention of the Slavic settlement-port of Kotsiubijiv, which was part of the Grand Duchy of Lithuania, dates back to 1415, when a ship was sent from here to Constantinople by sea. After a period of Lithuanian Grand Duchy control, the port and its surroundings became part of the domain of the Ottomans in 1529, under the name Hacibey, and remained there until the empire's defeat in the Russo-Turkish War of 1792. In 1794, the modern city of Odesa was founded by a decree of the Russian empress Catherine t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ukrainian Jew
The history of the Jews in Ukraine dates back over a thousand years; Jewish communities have existed in the territory of Ukraine from the time of the Kievan Rus' (late 9th to mid-13th century). Some of the most important Jewish religious and cultural movements, from Hasidism to Zionism, rose either fully or to an extensive degree in the territory of modern Ukraine. According to the World Jewish Congress, the Jewish community in Ukraine constitutes the third-largest in Europe and the fifth-largest in the world. The actions of the Soviet government by 1927 led to a growing antisemitism in the area.Сергійчук, В. Український Крим К. 2001, p.156 Total civilian losses during World War II and the Reichskommissariat Ukraine, German occupation of Ukraine are estimated at seven million. More than one million Soviet Jews, of them around 225,000 in Belarus, were shot and killed by the Einsatzgruppen and by their many local Ukrainian supporters. Most of them were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cliometrics
Cliometrics (, also ), sometimes called new economic history or econometric history, is the systematic application of economic theory, econometric techniques, and other formal or mathematical methods to the study of history (especially social and economic history). It is a quantitative approach to economic history (as opposed to qualitative or ethnographic). Edward L. Glaeser"Remembering the Father of Transportation Economics" ''The New York Times'' (Economix), October 27, 2009. There has been a revival in 'new economic history' since the late 1990s. History The new economic history originated in 1958 with ''The Economics of Slavery in the Antebellum South'' by American economists Alfred H. Conrad and John R. Meyer. The book would cause a firestorm of controversy with its claim, based on statistical data, that slavery would not have ended in the absence of the U.S. Civil War, as the practice was economically efficient and highly profitable for slaveowners. The term ''cliometrics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Booth School Of Business
The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world. The school has the third-largest endowment of any business school. Notable Chicago Booth alumni include James O. McKinsey, founder of McKinsey & Company; Susan Wagner, co-founder of Blackrock; Eric Kriss, co-founder of Bain Capital; Satya Nadella, current CEO of Microsoft; and other current and former CEOs of Fortune 500 companies such as Allstate Insurance, Booz Allen Hamilton, Cargill, Chevron, Credit Suisse, Dominos, Goldman Sachs, IBM, Morgan Stanley, Morningstar, PIMCO, and Reckitt Benckiser. History The University of Chicago Booth School of Business traces its roots back to 1898 when university faculty member James Laurence Laughlin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
