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There's No Such Thing As A Free Lunch
"No such thing as a free lunch" (also written as "There ain't no such thing as a free lunch" or "There is no such thing as a free lunch" and sometimes called Crane's law) is a popular adage communicating the idea that it is impossible to get something for nothing. The acronyms , , and are also used. The phrase was in use by the 1930s, but its first appearance is unknown. The "free lunch" in the saying refers to the formerly common practice in American bars of offering a " free lunch" in order to entice drinking customers. The phrase and the acronym are central to Robert A. Heinlein's 1966 science-fiction novel '' The Moon is a Harsh Mistress'', which helped popularize it. The free-market economist Milton Friedman also increased its exposure and useSafire, William, ''The New York Times'', 2-14-199"On Language; Words Left Out in the Cold" /ref> by paraphrasing it as the title of a 1975 book;Friedman, Milton, ''There's No Such Thing as a Free Lunch'', Open Court Publishing Compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Externality
In economics, an externality is an Indirect costs, indirect cost (external cost) or indirect benefit (external benefit) to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced components that are involved in either consumer or producer consumption. Air pollution from motor vehicles is one example. The Air pollution#Health effects, cost of air pollution to society is not paid by either the producers or users of motorized transport. Water pollution from mills and factories are another example. All (water) consumers are made worse off by pollution but are not compensated by the market for this damage. The concept of externality was first developed by Alfred Marshall in the 1890s and achieved broader attention in the works of economist Arthur Cecil Pigou, Arthur Pigou in the 1920s. The prototypical example of a negative externality is environmental pollution. Pigou argued that a tax, equal to the m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leonard Porter Ayres
Leonard Porter Ayres (September 15, 1879 – October 29, 1946) was an American statistician. He played a central role in developing and analyzing large-scale statistical projects, especially for the Russell Sage Foundation. His best-known work dealt with comprehensive statistical studies of American casualties in the first and second world wars. Early life Leonard Porter Ayres was born on September 15, 1769, in Niantic, Connecticut, to Georgiana (née Gall) and Milan Church Ayres. His father was a clergymen and journalist, and editor of the ''Boston Advertiser.'' He studied at Boston University, earning a B.Ph. degree in 1902, A.M. degree in 1909 and Ph.D. degree in 1910. He also attended the Massachusetts Institute of Technology, Harvard University Summer School, and Teachers College, Columbia University (1907–1909). Career He began teaching in 1902 as one of the first to carry American ideas and methods to Puerto Rico. There he was appointed superintendent of schools in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oligarchic
Oligarchy (; ) is a form of government in which power rests with a small number of people. Members of this group, called oligarchs, generally hold usually hard, but sometimes soft power through nobility, fame, wealth, or education; or through corporate, religious, political, or military control. Throughout history, power structures considered to be oligarchies have often been viewed as coercive, relying on public obedience or oppression to exist. Aristotle pioneered the use of the term as meaning rule by the rich, contrasting it with aristocracy, arguing that oligarchy was a corruption of aristocracy. Types Minority rule The consolidation of power by a dominant minority, whether religious or ethnic, can be considered a form of oligarchy. Examples include South Africa during apartheid, Liberia under Americo-Liberians, the Sultanate of Zanzibar, and Rhodesia. In these cases, oligarchic rule was often tied to the legacy of colonialism. In the early 20th century, Robert ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monograph
A monograph is generally a long-form work on one (usually scholarly) subject, or one aspect of a subject, typically created by a single author or artist (or, sometimes, by two or more authors). Traditionally it is in written form and published as a book, but it may be an artwork, audiovisual work, or exhibition made up of visual artworks. In library cataloguing, the word has a specific and broader meaning, while in the United States, the Food and Drug Administration uses the term to mean a set of published standards. Written works Academic works The English term ''monograph'' is derived from modern Latin , which has its root in Greek. In the English word, ''mono-'' means and ''-graph'' means . Unlike a textbook, which surveys the state of knowledge in a field, the main purpose of a monograph is to present primary research and original scholarship. This research is presented at length, distinguishing a monograph from an article. For these reasons, publication of a monograph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oelwein
Oelwein is a city in Fayette County, Iowa, United States. The population was 5,920 at the time of the 2020 census, a decrease of 11.5% from the 2000 census. The largest community in Fayette County, it is located at the junction of State Highways 3 and 150. History The town of Oelwein was laid out in a corn field purchased from pioneer settler Gustav Oelwein on the coming of the Burlington, Cedar Rapids and Minnesota Railroad (later called the Rock Island) in 1872. Some years later the two dividing streets of Oelwein were named after his sons, Frederick and Charles. Oelwein's present site was entered in 1852 by J. B. Burch. The hamlet of Oelwein was instituted in 1873, and was incorporated as a town in 1888, with Dr. Israel Pattison becoming its first mayor. The town suffered its chief setback in 1887, when nearly all of the old Main Street business district (now First Avenue SE) was destroyed by fire. In 1890 the census gave the population as 830. By January 1892, Oel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Columbia Law Review
The ''Columbia Law Review'' is a law review edited and published by students at Columbia Law School. The journal publishes scholarly articles, essays, and student notes. It was established in 1901 by Joseph E. Corrigan and John M. Woolsey, who served as the review's first editor-in-chief and secretary. The ''Columbia Law Review'' is one of four law reviews that publishes the ''Bluebook''. History The ''Columbia Law Review'' represents the school's third attempt at a student-run law periodical. In 1885, the ''Columbia Jurist'' was founded by a group of six students but ceased publication in 1887. Despite its short run, the ''Jurist'' is credited with partially inspiring the creation of the ''Harvard Law Review'', which began publication a short time later. The second journal, the ''Columbia Law Times'' was founded in 1887 and closed down in 1893 due to lack of revenue. Publication of the current ''Columbia Law Review'' began in 1901, making it the fifth oldest surviving law ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freakonomics
''Freakonomics: A Rogue Economist Explores the Hidden Side of Everything'' is the debut non-fiction book by University of Chicago economist Steven Levitt and ''New York Times'' journalist Stephen J. Dubner. Published on April 12, 2005, by William Morrow, the book has been described as melding pop culture with economics. By late 2009, the book had sold over 4 million copies worldwide. Based on the success of the original book, Levitt and Dubner have grown the ''Freakonomics'' brand into a multi-media franchise, with a sequel book, a feature film, a regular radio segment on National Public Radio, and a weekly blog. Overview The book is a collection of articles written by Levitt, an economist who had gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional" economists. In ''Freakonomics'', Levitt and Dubner argue that economics is, at root, the study of incentives. The book's chapters cover: * Chapter 1: Discovering cheating as ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scripps-Howard
The E. W. Scripps Company, also known as Scripps, is an American broadcasting company founded in 1878 as a chain of daily newspapers by E. W. Scripps, Edward Willis "E. W." Scripps and his sister, Ellen Browning Scripps. It was also formerly a media conglomerate. The company is headquartered at the Scripps Center in Cincinnati, Ohio. Its corporate motto is "Give light and the people will find their own way", which is symbolized by the media empire's longtime lighthouse logo. In terms of audience reach, Scripps is the second largest operator of American Broadcasting Company, ABC affiliates, behind the Sinclair Broadcast Group, and ahead of Hearst Television and Tegna Inc., Tegna. Scripps also owns a number of free-to-air multi-genre digital subchannel multicast networks through its Scripps Networks division, including the Ion Television network and Scripps News. The company started out in the newspaper business, expanding into radio in the mid-1930s and television in the mid-194 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
