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Étienne Laspeyres
Ernst Louis Étienne Laspeyres (; 28 November 1834 – 4 August 1913) was a German economist. He was '' Professor ordinarius'' of economics and statistics or '' State Sciences'' and cameralistics (public finance and administration) in Basel, Riga, Dorpat (now Tartu), Karlsruhe, and finally for 26 years in Gießen. Laspeyres was the scion of a Huguenot family of originally Gascon descent which had settled in Berlin in the 17th century, and he emphasised the Occitan pronunciation of his name as a link to his Gascon origins. Work Laspeyres is mainly known today for his 1871 development of the index number formula method for determining price increases, used for calculating the rate of inflation. A type of this calculation is known today as the Laspeyres Index. In addition to his accomplishments in price indices, Laspeyres may be counted as one of the fathers of business administration as an academic-professional discipline in Germany, and as one of the main unifiers of economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Halle (Saale)
Halle (Saale), or simply Halle (), is the second largest city of the States of Germany, German state of Saxony-Anhalt. It is the sixth-most populous city in the area of former East Germany after (East Berlin, East) Berlin, Leipzig, Dresden, Chemnitz and Magdeburg as well as the List of cities in Germany by population, 31st-largest city of Germany. With around 226,000 inhabitants, it is less populous than the state capital, Magdeburg. With Leipzig, the largest city of Saxony, Halle forms the polycentric metropolitan area, polycentric Leipzig-Halle conurbation. Leipzig/Halle Airport, Leipzig/Halle International Airport lies between the two cities, in Schkeuditz. The Leipzig-Halle conurbation is at the heart of the larger Central German Metropolitan Region. Halle has been known by many names throughout its history. From the 15th to the 17th century: ''Hall in Sachsen''. From then until the beginning of the 20th century, the name Halle an der Saale was used, and still remains a more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Huguenot
The Huguenots ( , ; ) are a Religious denomination, religious group of French people, French Protestants who held to the Reformed (Calvinist) tradition of Protestantism. The term, which may be derived from the name of a Swiss political leader, the Genevan burgomaster Besançon Hugues, was in common use by the mid-16th century. ''Huguenot'' was frequently used in reference to those of the Reformed Church of France from the time of the Protestant Reformation. By contrast, the Protestant populations of eastern France, in Alsace, Moselle (department), Moselle, and Montbéliard, were mainly Lutheranism, Lutherans. In his ''Encyclopedia of Protestantism'', Hans Hillerbrand wrote that on the eve of the St. Bartholomew's Day massacre in 1572, the Huguenot community made up as much as 10% of the French population. By 1600, it had declined to 7–8%, and was reduced further late in the century after the return of persecution under Louis XIV, who instituted the ''dragonnades'' to forcibly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finanz-Archiv
''FinanzArchiv'' (Public Finance Analysis) is an international academic journal of economics published quarterly by Mohr Siebeck, Tübingen, Germany. The journal publishes high quality papers in all fields of public finance, such as taxation, public debt, public goods, public choice, federalism, market failure, social policy and the welfare state. Overview ''FinanzArchiv'' was first published in 1884, which makes it one of the world's oldest professional journals in economics. In 2006 the traditional title was complemented by the English sub-title Public Finance Analysis. Its founder and first editor from 1884 to 1931 was Georg von Schanz, the inventor of the Schanz-Haig-Simons concept of comprehensive income. The list of subsequent editors includes Hans Teschemacher, Fritz Neumark, Norbert Andel, Helga Pollak, Wolfgang Wiegard, Wolfram F. Richter, Hans-Werner Sinn, James R. Hines, Peter Birch Sørensen, Bernd Genser, Harry Huizinga, Jenny Ligthart, and Christian Keuschnigg. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Huguenots
The Huguenots ( , ; ) are a Religious denomination, religious group of French people, French Protestants who held to the Reformed (Calvinist) tradition of Protestantism. The term, which may be derived from the name of a Swiss political leader, the Genevan burgomaster Besançon Hugues, was in common use by the mid-16th century. ''Huguenot'' was frequently used in reference to those of the Reformed Church of France from the time of the Protestant Reformation. By contrast, the Protestant populations of eastern France, in Alsace, Moselle (department), Moselle, and Montbéliard, were mainly Lutheranism, Lutherans. In his ''Encyclopedia of Protestantism'', Hans Hillerbrand wrote that on the eve of the St. Bartholomew's Day massacre in 1572, the Huguenot community made up as much as 10% of the French population. By 1600, it had declined to 7–8%, and was reduced further late in the century after the return of persecution under Louis XIV, who instituted the ''dragonnades'' to forcibly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kathedersozialismus
The German historical school of economics was an approach to academic economics and to public administration that emerged in the 19th century in Germany, and held sway there until well into the 20th century. The professors involved compiled massive economic histories of Germany and Europe. Numerous Americans were their students. The school was opposed by theoretical economists. Prominent leaders included Gustav von Schmoller (1838–1917), and Max Weber (1864–1920) in Germany, and Joseph Schumpeter (1883–1950) in Austria and the United States. Tenets The historical school held that history was the key source of knowledge about human actions and economic matters, since economics was culture-specific, and hence not generalizable over space and time. The Historical School of Economics, in addition to rejecting the universal validity of economic theorems and emphasizing an empirical and historical approach, drew significant methodological influence from the historism of Leopold v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Historical School
Historiography is the study of the methods used by historians in developing history as an academic discipline. By extension, the term "historiography" is any body of historical work on a particular subject. The historiography of a specific topic covers how historians have studied that topic by using particular sources, techniques of research, and theoretical approaches to the interpretation of documentary sources. Scholars discuss historiography by topic—such as the historiography of the United Kingdom, of WWII, of the pre-Columbian Americas, of early Islam, and of China—and different approaches to the work and the genres of history, such as political history and social history. Beginning in the nineteenth century, the development of academic history produced a great corpus of historiographic literature. The extent to which historians are influenced by their own groups and loyalties—such as to their nation state—remains a debated question. In Europe, the academic disc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operationalization
In research design, especially in psychology, social sciences, life sciences and physics, operationalization or operationalisation is a process of defining the measurement of a phenomenon which is not directly measurable, though its existence is inferred from other phenomena. Operationalization thus defines a fuzzy concept so as to make it clearly distinguishable, measurable, and understandable by empirical observation. In a broader sense, it defines the extension of a concept—describing what is and is not an instance of that concept. For example, in medicine, the phenomenon of health might be operationalized by one or more indicators like body mass index or tobacco smoking. As another example, in visual processing the presence of a certain object in the environment could be inferred by measuring specific features of the light it reflects. In these examples, the phenomena are difficult to directly observe and measure because they are general/abstract (as in the example of heal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quantification (science)
In mathematics and empirical science, quantification (or quantitation) is the act of counting and measuring that maps human sense observations and experiences into quantity, quantities. Quantification in this sense is fundamental to the scientific method. Natural science Some measure of the undisputed general importance of quantification in the natural sciences can be gleaned from the following comments: * "these are mere facts, but they are quantitative facts and the basis of science." * It seems to be held as universally true that "the foundation of quantification is measurement." * There is little doubt that "quantification provided a basis for the objectivity of science." * In ancient times, "musicians and artists ... rejected quantification, but merchants, by definition, quantified their affairs, in order to survive, made them visible on parchment and paper." * Any reasonable "comparison between Aristotle and Galileo shows clearly that there can be no unique lawfulness discov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Administration
Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities towards common goals. In general, "administration" refers to the broader management function, including the associated finance, personnel and MIS services. Administration can refer to the bureaucratic or operational performance of routine office tasks, usually internally oriented and reactive rather than proactive. Administrators, broadly speaking, engage in a common set of functions to meet an organization's goals. Henri Fayol (1841–1925) described these "functions" of the administrator as " the five elements of administration". According to Fayol, the five functions of management are pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laspeyres Index
A price index (''plural'': "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a specific region over a defined time period. It is a statistic designed to measure how these price relatives, as a whole, differ between time periods or geographical locations, often expressed relative to a base period set at 100. Price indices serve multiple purposes. Broad indices, like the Consumer price index, reflect the economy’s general price level or cost of living, while narrower ones, such as the Producer price index, assist producers with pricing and business planning. They can also guide investment decisions by tracking price trends.  Types of price indices Some widely recognized price indices include: * Consumer price index – Measures retail price changes for consumer goods and services. * Producer price index – Tracks wholesale price changes for producers. * Wholesale pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. Changes in inflation are widely attributed to fluctuations in Real versus nominal value (economics), real demand for goods and services (also known as demand shocks, including changes in fiscal policy, fiscal or monetary policy), changes in available supplies such as during energy crisis, energy crises (also known as supply shocks), or changes in inflation expectations, which may be self-fulfilling. Moderat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paasche And Laspeyres Indices
A price index (''plural'': "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a specific region over a defined time period. It is a statistic designed to measure how these price relatives, as a whole, differ between time periods or geographical locations, often expressed relative to a base period set at 100. Price indices serve multiple purposes. Broad indices, like the Consumer price index, reflect the economy’s general price level or cost of living, while narrower ones, such as the Producer price index, assist producers with pricing and business planning. They can also guide investment decisions by tracking price trends.  Types of price indices Some widely recognized price indices include: * Consumer price index – Measures retail price changes for consumer goods and services. * Producer price index – Tracks wholesale price changes for producers. * Wholesale price ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
