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Charles Davenant
Charles Davenant (1656 – 1714) was an English economist, Tory politician and pamphleteer who sat in the Parliament of England representing the parliamentary constituencies of St Ives and Great Bedwyn. Life He was born in London as the eldest son of Sir William Davenant, the poet. He was educated at Cheam grammar school and Balliol College, Oxford, but left the university without taking a degree. He became manager of his father's theatre. Having taken the degree of LL.D., he became a member of Doctors' Commons. In 1678 Davenant was appointed Commissioner of the Excise, earning £500 per year (); taxes were collected using the "farming system". In 1683 when Britain ended the tax farming system, Davenant received £1000 per year as Commissioner. In 1685 he was elected to Parliament as M.P. for St Ives. However, the revolution of 1688 saw James II exiled to France and William of Orange installed as king by Parliament. In 1689 Davenant lost his position as Commissioner of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whig Junto
The Whig Junto is the name given to a group of leading Whigs who were seen to direct the management of the Whig Party and often the government, during the reigns of William III and Anne. The Whig Junto proper consisted of John Somers, later Baron Somers; Charles Montagu, later Earl of Halifax; Thomas Wharton, later Marquess of Wharton, and Edward Russell, later Earl of Orford. They came to prominence due to the favour of Robert Spencer, 2nd Earl of Sunderland and during the reign of Queen Anne, Sunderland's son, the 3rd Earl succeeded his father. Opponents gave them the nickname "the five tyrannising lords". Other figures prominent around the edges of the Junto include Sir John Trenchard and Thomas Tollemache. Somers, Wharton, Russell and Montagu were elected to the House of Commons in 1689 and were granted minor office. Their effectiveness in the Commons brought them Sunderland's attention. The Junto began to dominate the ministry from the time of the resignation of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quarterly Journal Of Economics
''The Quarterly Journal of Economics'' is a peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer, and Stefanie Stantcheva. History It is the oldest professional journal of economics in the English language, and covers all aspects of the field—from the journal's traditional emphasis on micro-theory to both empirical and theoretical macroeconomics. Reception According to the ''Journal Citation Reports'', the journal has a 2015 impact factor of 6.662, ranking it first out of 347 journals in the category "Economics". It is generally regarded as one of the top 5 journals in economics, together with the American Economic Review, Econometrica, the Journal of Political Economy, and the Review of Economic Studies. Notable papers Some of the most influential and well-read papers in economics have been published in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jonathan Swift
Jonathan Swift (30 November 1667 – 19 October 1745) was an Anglo-Irish Satire, satirist, author, essayist, political pamphleteer (first for the Whig (British political party), Whigs, then for the Tories (British political party), Tories), poet, and Anglican cleric who became Dean (Christianity), Dean of St Patrick's Cathedral, Dublin, hence his common sobriquet, "Dean Swift". Swift is remembered for works such as ''A Tale of a Tub'' (1704), ''An Argument Against Abolishing Christianity'' (1712), ''Gulliver's Travels'' (1726), and ''A Modest Proposal'' (1729). He is regarded by the ''Encyclopædia Britannica'' as the foremost prose satirist in the English language, and is less well known for his poetry. He originally published all of his works under pseudonyms—such as Lemuel Gulliver, Isaac Bickerstaff, M. B. Drapier—or anonymously. He was a master of two styles of satire, the Satire#Classifications, Horatian and Juvenalian styles. His deadpan, ironic writing style, partic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal African Company
The Royal African Company (RAC) was an English mercantile (trade, trading) company set up in 1660 by the royal House of Stuart, Stuart family and City of London merchants to trade along the West Africa, west coast of Africa. It was led by the James II of England, Duke of York, who was the brother of King Charles II of England, Charles II and in 1685, York took the throne as James II of England, James II. It was established after Charles II gained the Kingdom of England, English throne in the English Restoration, Restoration of 1660. While its original purpose was to exploit the gold fields up the Gambia River, which were identified by Prince Rupert of the Rhine, Prince Rupert during the Interregnum (England), Interregnum, it soon developed and led a brutal and sustained slave trade. It also extracted other commodities, mainly from the Gold Coast (region), Gold Coast. After becoming insolvent in 1708, it survived in a state of much reduced activity until 1752 when its assets were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gregory King
Gregory King (15 December 1648 – 29 August 1712) was an English genealogist, engraver and statistician. Life Gregory King was born at Lichfield, England. His father was a surveyor and landscape gardener. Gregory was a very bright boy and his father used him as an assistant in his surveying work. At 14 Gregory became a clerk to William Dugdale the antiquary and herald, i.e. student of heraldry. King later (1667–69) worked for Lord Hatton, who was forming a collection of the arms of the nobility. When this project collapsed, he went to work for the dowager Lady Gerard at Sandon, Staffordshire as steward, auditor and secretary (1670–72). She was the widow of Charles Gerard, 4th Baron Gerard, and remarried in 1673. In 1672 King moved to London to work as an engraver for the printer John Ogilby; he also did surveying work and engraved maps. In 1677 he was appointed Rouge Dragon Pursuivant of Arms in Ordinary in the College of Arms. He became Lancaster Herald of Arms in Ord ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East India Company
The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong. At its peak, the company was the largest corporation in the world. The EIC had its own armed forces in the form of the company's three Presidency armies, totalling about 260,000 soldiers, twice the size of the British army at the time. The operations of the company had a profound effect on the global balance of trade, almost single-handedly reversing the trend of eastward drain of Western bullion, seen since Roman times. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies", the company rose to account for half of the world's trade duri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Whig Junto
The First Whig Junto controlled the government of England from 1694 to 1699 and was the first part of the Whig Junto, a cabal of people who controlled the most important political decisions.Compare junta which has fallen into use only for military junta The Junto was reappointed twice following the elections of 1695 and 1698. History The Whig elite rose to government ascendancy while Lord Danby held office through three shortly-spaced changes of Sovereign (dating to the Royal-dominated ministries of Charles II). The Junto established its dominance in 1694 with the appointment of Sir Charles Montagu as Chancellor of the Exchequer on 10 May. Danby, who had been created Duke of Leeds on 4 May, remained in office, under a diminished role while still Lord President of the Council, but the Junto controlled the government of England from 1694 to 1699. It was led by six prominent members: Montagu, Somers, Wharton, Romney, Orford, and Shrewsbury. Supporting these peers were two unof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privy Council
A privy council is a body that advises the head of state of a state, typically, but not always, in the context of a monarchic government. The word "privy" means "private" or "secret"; thus, a privy council was originally a committee of the monarch's closest advisors to give confidential advice on state affairs. Privy councils Functioning privy councils Former or dormant privy councils See also * Privy Council of the Habsburg Netherlands * Council of State * Crown Council * Executive Council (Commonwealth countries) * Privy Council ministry * State Council State Council may refer to: Government * State Council of the Republic of Korea, the national cabinet of South Korea, headed by the President * State Council of the People's Republic of China, the national cabinet and chief administrative auth ... References {{DEFAULTSORT:Privy Council Advisory councils for heads of state Monarchy Royal and noble courts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balance Of Trade
The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other. If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus. The notion that bilateral trade deficits are bad in and of themselves is overwhelmingly rejected by trade experts and economists. Explanation The balance of trade forms part of the current account, which includes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercantilism
Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, colonialism, tariffs and subsidies on traded goods to achieve that goal. The policy aims to reduce a possible current account (balance of payments), current account deficit or reach a current account surplus, and it includes measures aimed at accumulating foreign-exchange reserves, monetary reserves by a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and motivated colonialism, colonial expansion. Mercantilist theory varies in sophistication from one writer to another and has evolved over time. It promotes government regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. High tariffs, especially on manufactured goods, were almost universally a feature of mercantilist policy.John J. McCusker, ''Mercantilism and the Econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coalition Ministry
A coalition government is a form of government in which political parties cooperate to form a government. The usual reason for such an arrangement is that no single party has achieved an absolute majority after an election, an atypical outcome in nations with majoritarian electoral systems, but common under proportional representation. A coalition government might also be created in a time of national difficulty or crisis (for example, during wartime or economic crisis) to give a government the high degree of perceived political legitimacy or collective identity, it can also play a role in diminishing internal political strife. In such times, parties have formed all-party coalitions (national unity governments, grand coalitions). If a coalition collapses, the Prime Minister and cabinet may be ousted by a vote of no confidence, call snap elections, form a new majority coalition, or continue as a minority government. Coalition agreement In multi-party states, a coalition agreement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
