William Smart (economist)
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William Smart (economist)
William Smart (10 April 1853 – 19 March 1915) was a Scottish economist. Initially inspired by Thomas Carlyle and John Ruskin, Smart was a conveyor of the thought of the Austrian School, before being won-over to the neoclassicalism of Alfred Marshall. Smart, eldest son of Alexander Smart and grandson of Reverend William Smart, was born in Barrhead, Scotland Barrhead ( sco, Baurheid, gd, Ceann a' Bharra) is a town in East Renfrewshire, Scotland, southwest of Glasgow city centre on the edge of the Gleniffer Braes. At the 2011 census its population was 17,268. History Barrhead was formed when .... Works ''An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk''(1891, 1910). ''The Return to Protection''(1904) * * * * * References External links * {{DEFAULTSORT:Smart, William 1853 births 1915 deaths British economists Scottish economists Neoclassical economists Austrian School economists People from Barrhead Guild of ...
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Smart - Distribution Of Income, 1899 - 5192707
Smart or SMART may refer to: Arts and entertainment * ''Smart'' (Hey! Say! JUMP album), 2014 * Smart (Hotels.com), former mascot of Hotels.com * ''Smart'' (Sleeper album), 1995 debut album by Sleeper * ''SMart'', a children's television series about art on CBBC Businesses and brands * S-Mart, a Mexican grocery store chain * SMART (advertising agency), an Australian company * SmartCell, a network operator in Nepal * Smart Communications, a cellular service provider in the Philippines * Smart Technologies, a company providing group collaboration tools * Smart Telecom, a network operator in the Republic of Ireland * Smart (cigarette), an Austrian brand * Smart (drink), a brand of fruit-flavored soda produced by The Coca-Cola Company for Mainland China Computing * Smart device, an electronic device connected to other devices or networks wirelessly * Self-Monitoring, Analysis, and Reporting Technology (S.M.A.R.T.), a standard used in computer storage devices * SMART Informat ...
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Reverend
The Reverend is an style (manner of address), honorific style most often placed before the names of Christian clergy and Minister of religion, ministers. There are sometimes differences in the way the style is used in different countries and church traditions. ''The Reverend'' is correctly called a ''style'' but is often and in some dictionaries called a title, form of address, or title of respect. The style is also sometimes used by leaders in other religions such as Judaism and Buddhism. The term is an anglicisation of the Latin ''reverendus'', the style originally used in Latin documents in medieval Europe. It is the gerundive or future passive participle of the verb ''revereri'' ("to respect; to revere"), meaning "[one who is] to be revered/must be respected". ''The Reverend'' is therefore equivalent to ''The Honourable'' or ''The Venerable''. It is paired with a modifier or noun for some offices in some religious traditions: Lutheran archbishops, Anglican archbishops, and ...
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Austrian School Economists
Austrian may refer to: * Austrians, someone from Austria or of Austrian descent ** Someone who is considered an Austrian citizen, see Austrian nationality law * Austrian German dialect * Something associated with the country Austria, for example: ** Austria-Hungary ** Austrian Airlines (AUA) ** Austrian cuisine ** Austrian Empire ** Austrian monarchy ** Austrian German (language/dialects) ** Austrian literature ** Austrian nationality law ** Austrian Service Abroad ** Music of Austria **Austrian School of Economics * Economists of the Austrian school of economic thought * The Austrian Attack variation of the Pirc Defence chess opening. See also * * * Austria (other) * Australian (other) * L'Autrichienne (other) is the feminine form of the French word , meaning "The Austrian". It may refer to: *A derogatory nickname for Queen Marie Antoinette of France *L'Autrichienne (film), ''L'Autrichienne'' (film), a 1990 French film on Marie Antoinette with ...
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Neoclassical Economists
Neoclassical economics is an approach to economics in which the production, consumption and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory, a theory that has come under considerable question in recent years. Neoclassical economics historically dominated macroeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s to the 1970s.Clark, B. (1998). ''Principles of political economy: A comparative approach''. Westport, Connecticut: Praeger. Nadeau, R. L. (2003). ''The Wealth of Natur ...
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Scottish Economists
Scottish usually refers to something of, from, or related to Scotland, including: *Scottish Gaelic, a Celtic Goidelic language of the Indo-European language family native to Scotland *Scottish English *Scottish national identity, the Scottish identity and common culture *Scottish people, a nation and ethnic group native to Scotland *Scots language, a West Germanic language spoken in lowland Scotland *Symphony No. 3 (Mendelssohn), a symphony by Felix Mendelssohn known as ''the Scottish'' See also *Scotch (other) *Scotland (other) *Scots (other) *Scottian (other) *Schottische The schottische is a partnered country dance that apparently originated in Bohemia. It was popular in Victorian era ballrooms as a part of the Bohemian folk-dance craze and left its traces in folk music of countries such as Argentina ("chotis"Span ... * {{disambiguation Language and nationality disambiguation pages ca:Escocès ...
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British Economists
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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1915 Deaths
Events Below, the events of World War I have the "WWI" prefix. January *January – British physicist Sir Joseph Larmor publishes his observations on "The Influence of Local Atmospheric Cooling on Astronomical Refraction". *January 1 ** WWI: British Royal Navy battleship HMS ''Formidable'' is sunk off Lyme Regis, Dorset, England, by an Imperial German Navy U-boat, with the loss of 547 crew. ** Battle of Broken Hill: A train ambush near Broken Hill, New South Wales, Australia, is carried out by two men (claiming to be in support of the Ottoman Empire) who are killed, together with 4 civilians. * January 5 – Joseph E. Carberry sets an altitude record of , carrying Capt. Benjamin Delahauf Foulois as a passenger, in a fixed-wing aircraft. * January 12 ** The United States House of Representatives rejects a proposal to give women the right to vote. ** '' A Fool There Was'' premières in the United States, starring Theda Bara as a ''femme fatale''; she quickly becomes one o ...
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1853 Births
Events January–March * January 6 – Florida Governor Thomas Brown signs legislation that provides public support for the new East Florida Seminary, leading to the establishment of the University of Florida. * January 8 – Taiping Rebellion: Zeng Guofan is ordered to assist the governor of Hunan in organising a militia force to search for local bandits. * January 12 – Taiping Rebellion: The Taiping army occupies Wuchang. * January 19 – Giuseppe Verdi's opera ''Il Trovatore'' premieres in performance at Teatro Apollo in Rome. * February 10 – Taiping Rebellion: Taiping forces assemble at Hanyang, Hankou, and Wuchang, for the march on Nanjing. * February 12 – The city of Puerto Montt is founded in the Reloncaví Sound, Chile. * February 22 – Washington University in St. Louis is founded as Eliot Seminary. * March – The clothing company Levi Strauss & Co. is founded in the United States. * March 4 – Inauguration of Franklin Pierce as 14th President of the ...
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Barrhead
Barrhead ( sco, Baurheid, gd, Ceann a' Bharra) is a town in East Renfrewshire, Scotland, southwest of Glasgow city centre on the edge of the Gleniffer Braes. At the 2011 census its population was 17,268. History Barrhead was formed when a series of small textile-producing villages (Barrhead, Arthurlie, Grahamston and Gateside) gradually grew into one another to form one continuous town. According to local historian James McWhirter, the name "Barrhead" first appeared in 1750. Glanderston House, to the south, at one time belonged to the Stewart kings of Scotland. In 1851 there was an explosion at the Victoria Pit colliery in nearby Nitshill, killing 63 men and boys who worked in the mine, many of whom lived in Barrhead. The victims were buried in a mass grave in the yard at St John's Church on Darnley Road, and although some bodies were later exhumed and reburied in other cemeteries, some may still reside at St John's in an unmarked grave. In 1890, with a rapidly exp ...
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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 ...
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Scottish People
The Scots ( sco, Scots Fowk; gd, Albannaich) are an ethnic group and nation native to Scotland. Historically, they emerged in the early Middle Ages from an amalgamation of two Celtic-speaking peoples, the Picts and Gaels, who founded the Kingdom of Scotland (or ''Alba'') in the 9th century. In the following two centuries, the Celtic-speaking Cumbrians of Strathclyde and the Germanic-speaking Angles of north Northumbria became part of Scotland. In the High Middle Ages, during the 12th-century Davidian Revolution, small numbers of Norman nobles migrated to the Lowlands. In the 13th century, the Norse-Gaels of the Western Isles became part of Scotland, followed by the Norse of the Northern Isles in the 15th century. In modern usage, "Scottish people" or "Scots" refers to anyone whose linguistic, cultural, family ancestral or genetic origins are from Scotland. The Latin word ''Scoti'' originally referred to the Gaels, but came to describe all inhabitants of Scotland. Cons ...
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Neoclassical Economics
Neoclassical economics is an approach to economics in which the production, consumption and valuation (pricing) of goods and services are observed as driven by the supply and demand model. According to this line of thought, the value of a good or service is determined through a hypothetical maximization of utility by income-constrained individuals and of profits by firms facing production costs and employing available information and factors of production. This approach has often been justified by appealing to rational choice theory, a theory that has come under considerable question in recent years. Neoclassical economics historically dominated macroeconomics and, together with Keynesian economics, formed the neoclassical synthesis which dominated mainstream economics as "neo-Keynesian economics" from the 1950s to the 1970s.Clark, B. (1998). ''Principles of political economy: A comparative approach''. Westport, Connecticut: Praeger. Nadeau, R. L. (2003). ''The Wealth of Na ...
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