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Wolfson Economics Prize
The Wolfson Economics Prize is a £250,000 economics prize, the second largest economics prize in the world after Nobel. The Wolfson Prize is sponsored by The Baron Wolfson of Aspley Guise, CEO of retailer Next plc Next plc (styled as NEXT) is a British multinational clothing, footwear and home products retailer, which has its headquarters in Enderby, England. It has around 700 stores, of which circa 500 are in the United Kingdom, and circa 200 across Eu ..., and run in partnership with the think tank Policy Exchange. The Prize invites new thinking to address major economic policy issues that aren't already subject to significant public discourse. The Prize has been run on four occasions in 2012, 2014, 2017 and 2021. The 2012 Prize was a contest for proposals on how the Eurozone could be safely dismantled. The contest ended on 5 July 2012, when the Capital Economics team, led by Roger Bootle, won the prize. The 2014 Prize asked the question "How would you deliver a new Ga ...
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Simon Wolfson, Baron Wolfson Of Aspley Guise
Simon Adam Wolfson, Baron Wolfson of Aspley Guise (born 27 October 1967), is a British businessman and currently chief executive of the clothing retailer Next plc, as well as a Conservative life peer. He is the son of the former Next chairman, The Baron Wolfson of Sunningdale, who was also a Conservative life peer. Family and education Wolfson's great-grandfather, Solomon Wolfson, was a Jewish cabinet-maker who settled in Glasgow and had nine children, one of whom was Sir Isaac Wolfson, Simon's great uncle, who made his fortune through Great Universal Stores. Wolfson's father, Lord Wolfson of Sunningdale, was a former chairman of Next and Great Universal Stores, as well as being a Conservative life peer. Wolfson is the eldest of three siblings. He attended Radley College, near Abingdon, followed by studying law at Trinity College, Cambridge. Business career Wolfson joined Next as its most highly paid sales consultant ever, in its Kensington branch in 1991 for several ...
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Green Belt
A green belt is a policy and land-use zone designation used in land-use planning to retain areas of largely undeveloped, wild, or agricultural land surrounding or neighboring urban areas. Similar concepts are greenways or green wedges, which have a linear character and may run through an urban area instead of around it. In essence, a green belt is an invisible line designating a border around a certain area, preventing development of the area and allowing wildlife to return and be established. Purposes In those countries which have them, the stated objectives of green belt policy are to: * Protect natural or semi-natural environments; * Improve air quality within urban areas; * Ensure that urban dwellers have access to countryside, with consequent educational and recreational opportunities; * Protect the unique character of rural communities that might otherwise be absorbed by expanding suburbs. The green belt has many benefits for people: * Walking, camping, and biking ...
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David Wolfson, Baron Wolfson Of Sunningdale
David Wolfson, Baron Wolfson of Sunningdale (3 November 1935 – 10 March 2021) was a British Conservative politician and businessman. Early life David Wolfson was born on 3 November 1935 in Willesden, London. The son of Charles and Hylda Wolfson (née Jarvis), he was educated at Clifton College and Trinity College, Cambridge, where he graduated with a Master of Arts in economics and law in 1956. He was further educated in Stanford University, California, where he received a Master of Business Administration in 1959. Career Wolfson was director of Great Universal Stores (GUS) from 1973 to 1978 and from 1993 to 2000, and chairman from 1996 to 2000. The retailer had been founded by his uncle Isaac Wolfson as a mail order clothing company. He was first introduced to Margaret Thatcher by the Conservative Party treasurer Alistair McAlpine in 1975. In 1978 and 1979 he was Secretary to the Shadow Cabinet and between 1979 and 1985 Chief of Staff of the Political Office, 10 Downi ...
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Next (clothing)
Next plc (styled as NEXT) is a British multinational clothing, footwear and home products retailer, which has its headquarters in Enderby, England. It has around 700 stores, of which circa 500 are in the United Kingdom, and circa 200 across Europe, Asia and the Middle East. Next is the largest clothing retailer by sales in the United Kingdom, having overtaken Marks & Spencer in early 2012 and 2014. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History Hepworth The company was founded by Joseph Hepworth in Leeds in 1864 as a tailor under the name of Joseph Hepworth & Son. Initially Hepworth was in partnership with James Rhodes, but the partnership was dissolved in 1872. On his own, Hepworth expanded the company rapidly, becoming a pioneer of the development of chain stores in Britain. By 1884 the company had 100 outlets. For much of its history Hepworth was predominantly in the ready-to-wear suit market. In 1963, the company brought in ...
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Right-wing Politics
Right-wing politics describes the range of political ideologies that view certain social orders and hierarchies as inevitable, natural, normal, or desirable, typically supporting this position on the basis of natural law, economics, authority, property or tradition.T. Alexander Smith, Raymond Tatalovich. ''Cultures at war: moral conflicts in western democracies''. Toronto, Canada: Broadview Press, Ltd, 2003. p. 30. "That viewpoint is held by contemporary sociologists, for whom 'right-wing movements' are conceptualized as 'social movements whose stated goals are to maintain structures of order, status, honor, or traditional social differences or values' as compared to left-wing movements which seek 'greater equality or political participation.' In other words, the sociological perspective sees preservationist politics as a right-wing attempt to defend privilege within the ''social hierarchy''."''Left and right: the significance of a political distinction'', Norberto Bobbio an ...
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Think Tank
A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organizations, but some are semi-autonomous agencies within government or are associated with particular political parties, businesses or the military. Think-tank funding often includes a combination of donations from very wealthy people and those not so wealthy, with many also accepting government grants. Think tanks publish articles and studies, and even draft legislation on particular matters of policy or society. This information is then used by governments, businesses, media organizations, social movements or other interest groups. Think tanks range from those associated with highly academic or scholarly activities to those that are overtly ideological and pushing for particular policies, with a wide range among them in terms of th ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in ci ...
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Banking System
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in t ...
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Savings
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts.Denis "Authentic Development: Is ...
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Daily Telegraph
Daily or The Daily may refer to: Journalism * Daily newspaper, newspaper issued on five to seven day of most weeks * ''The Daily'' (podcast), a podcast by ''The New York Times'' * ''The Daily'' (News Corporation), a defunct US-based iPad newspaper from News Corporation * '' The Daily of the University of Washington'', a student newspaper using ''The Daily'' as its standardhead Places * Daily, North Dakota, United States * Daily Township, Dixon County, Nebraska, United States People * Bill Daily (1927–2018), American actor * Elizabeth Daily (born 1961), American voice actress * Joseph E. Daily (1888–1965), American jurist * Thomas Vose Daily (1927–2017), American Roman Catholic bishop Other usages * Iveco Daily, a large van produced by Iveco * Dailies, unedited footage in film See also * Dailey, surname * Daley (other) * Daly (other) Daly or DALY may refer to: Places Australia * County of Daly, a cadastral division in South Australia * ...
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Wolfson Foundation
The Wolfson Foundation is a charity that awards grants to support excellence in the fields of science and medicine, health, education and the arts and humanities. Overview The endowment of the Wolfson Foundation is currently some £800 million, with an annual allocation of approximately £32 million. By 2015 over £800 million had been awarded in grants (£1.7 billion in real terms), with over 10,000 projects funded. The foundation makes awards following a rigorous review process involving expert reviewers and advisory panels, and is recognised in the sector as a funder that listens actively to its applicants.Cause4 www.cause4.co.uk/2015/03/an-evening-with-paul-ramsbottom Grants are generally given for capital infrastructure (new build, refurbishment and equipment) supporting excellence in the fields of science and medicine, health, education and the arts and humanities. The foundation was established by and named after Sir Isaac Wolfson, chairman of Great Universal Stores (G ...
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Wolfson History Prize
The Wolfson History Prizes are literary awards given annually in the United Kingdom to promote and encourage standards of excellence in the writing of history for the general public. Prizes are given annually for two or three exceptional works published during the year, with an occasional oeuvre prize (a general award for an individual's distinguished contribution to the writing of history). They are awarded and administered by the Wolfson Foundation, with winning books being chosen by a panel of judges composed of eminent historians. In order to qualify for consideration, a book must be published in the United Kingdom and the author must be a British subject at the time the award is made and normally resident in the UK. Books should be readable and scholarly and be accessible to the lay reader. Prizes are awarded in the summer following the year of the books' publication; however, until 1987 prizes were awarded at the end of the competition year. Established in 1972 by the W ...
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