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Richard Vedder
Richard K. Vedder (born November 5, 1940) is an American economist, historian, author, and columnist. He is a professor emeritus of economics at Ohio University and senior fellow at The Independent Institute. Biography Vedder was born on November 5, 1940. He earned his bachelor's in economics in 1962 from Northwestern University in 1962 and his Doctor of Philosophy, Ph.D in economics from the University of Illinois in 1965. He has since studied Economic history of the United States, U.S. economic history, particularly as it relates to public policy. Some of his research has involved Immigration to the United States, American immigration, economic issues in Education in the United States, American education, and the interrelationship between Labour economics, labor and Capital (economics), capital markets. Vedder serves as an adjunct scholar at the American Enterprise Institute (AEI), a think tank known for mostly Libertarianism, libertarian and Conservatism in the United States, ...
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University Of Illinois
The University of Illinois Urbana-Champaign (UIUC, U of I, Illinois, or University of Illinois) is a public university, public land-grant university, land-grant research university in the Champaign–Urbana metropolitan area, Illinois, United States. Established in 1867, it is the founding campus and Flagship#Colleges and universities in the United States, flagship institution of the University of Illinois System. With over 59,000 students, the University of Illinois is one of the List of United States public university campuses by enrollment, largest public universities by enrollment in the United States. The university contains 16 schools and colleges and offers more than 150 undergraduate and over 100 graduate programs of study. The university holds 651 buildings on and its annual operating budget in 2016 was over $2 billion. The University of Illinois Urbana-Champaign also operates Research Park at the University of Illinois Urbana-Champaign, a research park home to innova ...
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Capital (economics)
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." The means of production is as a "... series of heterogeneous commodities, each having specific technical characteristics ..." "capital goods", are one of the three types of intermediate goods used in the production process, the other two being land and labour. The three are also known collectively as "primary factors of production". This classification originated during the classical economics period and has remained the dominant method for classification. Capital can be increased by the use of a production process (see production function and factors of production). Outputs of the production process are normally classif ...
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Television Program
A television show, TV program (), or simply a TV show, is the general reference to any content produced for viewing on a television set that is broadcast via Terrestrial television, over-the-air, Satellite television, satellite, and cable television, cable, or Digital distribution, distributed digitally on Over-the-top media service, streaming platforms. This generally excludes breaking news or Television advertisement, advertisements that are aired between shows or between segments of a show. A regularly recurring show is called a television series, and an individual segment of such a series is called an episode. Content is produced either in-house on a television stage with multiple cameras or produced by contract with film production companies. Episodes are usually broadcast in annual sets, which are called seasons in North America and series in other regions. A one-off television show may be called a television special, while a short series of episodes is a miniseries. A t ...
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Public Affairs (broadcasting)
In broadcasting, public affairs radio or television programs focus on matters of politics and public policy. In the United States, among commercial broadcasters, such programs are often only to satisfy Federal Communications Commission (FCC) regulatory expectations and are not scheduled in prime time. Public affairs television programs are often broadcast at times when few listeners or viewers are tuned in (or even awake) in time slots known as graveyard slots; such programs can be frequently encountered at times such as 5-6 a.m. on a Sunday. Sunday morning talk shows are a notable exception to this obscure scheduling. Harvard University claims that the public affairs genre has been losing popularity since the beginning of the digital era. References See also *News broadcasting *Public service announcement (PSA) *Sunday morning talk show A Sunday morning talk show is a television program with a news/ talk/ public affairs–hybrid format that is broadcast on Sunday morning ...
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News
News is information about current events. This may be provided through many different Media (communication), media: word of mouth, printing, Mail, postal systems, broadcasting, Telecommunications, electronic communication, or through the testimony of Witness, observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media. Subject matters for news reports include war, government, politics, education, health, economy, business, fashion, sport, entertainment, and the Climate change, environment, as well as quirky or unusual events. Government proclamations, concerning Monarchy, royal ceremonies, laws, taxes, public health, and Crime, criminals, have been dubbed news since ancient times. Technology, Technological and Social change, social developments, often driven by government communication and espionage networks, have increased the speed with which news can spread, as well as influenced its content. Throughout history, people have ...
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Tenure
Tenure is a type of academic appointment that protects its holder from being fired or laid off except for cause, or under extraordinary circumstances such as financial exigency or program discontinuation. Academic tenure originated in the United States in the early 20th century, and several other countries have since adopted it. Tenure is a means of defending the principle of academic freedom, which holds that it benefits society in the long run if academics are free to hold and espouse a variety of views, even if the views are unpopular or controversial. History Tenure was introduced into American universities in the early 1900s in part to prevent the arbitrary dismissal of faculty members who expressed unpopular views. One notable instance was the case of the resignation of Brown University president Elisha Andrews, who advocated silver coinage to reduce the impact on Americans and farmers who owed larger and larger loans due to deflation. The board of Brown Universit ...
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Distance Learning
Distance education, also known as distance learning, is the education of students who may not always be physically present at school, or where the learner and the teacher are separated in both time and distance; today, it usually involves online education (also known as online learning, remote learning or remote education) through an online school. A distance learning program can either be completely online, or a combination of both online and traditional in-person (also known as, offline) classroom instruction (called hybrid or blended). Massive open online courses (MOOCs), offering large-scale interactive participation and open access through the World Wide Web or other network technologies, are recent educational modes in distance education. A number of other terms (distributed learning, e-learning, m-learning, virtual classroom, etc.) are used roughly synonymously with distance education. E-learning has shown to be a useful educational tool. E-learning should be an intera ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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Free Market
In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of Forms of government, government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a Coordinated market economy, coordinated market in fields of study such as political economy, new institutional economics, economic sociology, and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to th ...
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United States Congress Joint Economic Committee
The Joint Economic Committee (JEC) is one of four standing joint committees of the U.S. Congress. The committee was established as a part of the Employment Act of 1946, which deemed the committee responsible for reporting the current economic condition of the United States and for making suggestions for improvement to the economy. The JEC is currently chaired by Representative David Schweikert of Arizona Arizona is a U.S. state, state in the Southwestern United States, Southwestern region of the United States, sharing the Four Corners region of the western United States with Colorado, New Mexico, and Utah. It also borders Nevada to the nort .... Jurisdiction *Study the implications of the ''Economic Report of the President'' *Seek ways to coordinate programs involved in the ''Report'' *File an annual report relating to its study of these implications and programs with the Senate, the House of Representatives, and all Congressional committees having legislative duties r ...
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United States Congress
The United States Congress is the legislature, legislative branch of the federal government of the United States. It is a Bicameralism, bicameral legislature, including a Lower house, lower body, the United States House of Representatives, U.S. House of Representatives, and an Upper house, upper body, the United States Senate, U.S. Senate. They both meet in the United States Capitol in Washington, D.C. Members of Congress are chosen through direct election, though vacancies in the Senate may be filled by a Governor (United States), governor's appointment. Congress has a total of 535 voting members, a figure which includes 100 United States senators, senators and 435 List of current members of the United States House of Representatives, representatives; the House of Representatives has 6 additional Non-voting members of the United States House of Representatives, non-voting members. The vice president of the United States, as President of the Senate, has a vote in the Senate ...
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Conservatism In The United States
Conservatism in the United States is one of two major political ideologies in the United States, with the other being liberalism. Traditional American conservatism is characterized by a belief in individualism, traditionalism, capitalism, republicanism, and limited federal governmental power in relation to U.S. states, although 21st century developments have shifted it towards right-wing populist themes. American conservatives maintain support from the Christian right and its interpretation of Christian values and moral absolutism, while generally opposing abortion, euthanasia, and some LGBT rights. They tend to favor economic liberalism, and are generally pro-business and pro-capitalism, while opposing communism and labor unions. Recent shifts have moved it towards national conservatism, protectionism, cultural conservatism, and a more realist foreign policy. Conservatives often advocate for strong national defense, gun rights, capital punishment, and a defense ...
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