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Elizabeth Ellis Hoyt
Elizabeth Ellis Hoyt (January 27, 1893 – November 22, 1980) was an American economist who focused on consumption economics and developing countries. Her work on analyzing and compiling cost-of-living metrics led to the creation of the Consumer Price Index in the United States. She was a professor of economics at Iowa State University, where she served on the faculty for 55 years. Early life and education Hoyt was born on born January 27, 1893, in Augusta, Maine. She was the youngest of three children; their mother died when she was 10. She attended the Latin School for Girls in Boston, the first college preparatory school for girls in the country. In 1910, Hoyt entered Boston College to study Latin. There, she earned her AB degree in 1913. After being turned down for a job with immigration services, she worked as a stenographer for the YMCA. From 1915 to 1916, she studied classics at Wellesley College. After working for the National Industrial Conference Board, Hoyt ...
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Augusta, Maine
Augusta is the List of capitals in the United States, capital city of the U.S. state of Maine. The city's population was 18,899 at the 2020 United States census, making it the List of cities in Maine, 12th-most populous city in Maine, and third-least populous state capital in the United States after Montpelier, Vermont, and Pierre, South Dakota. Augusta is the county seat, seat of and most populous city in Kennebec County, Maine, Kennebec County. The area was explored in 1607 by British America, English settlers from the Popham Colony at the mouth of the Kennebec River. Before European settlement, Algonquian languages, Algonquian-speaking Indians lived in the area. In 1625, representatives of Plymouth Colony chose the east shore of the Kennebec for a trading post, which was likely built in 1628 and became known as "Cushnoc". The Kennebec Proprietors, successors to the Plymouth Company, built Fort Western near the site of the abandoned trading post in 1754 and began settlement ef ...
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YMCA
YMCA, sometimes regionally called the Y, is a worldwide youth organisation based in Geneva, Switzerland, with more than 64 million beneficiaries in 120 countries. It has nearly 90,000 staff, some 920,000 volunteers and 12,000 branches worldwide. It was founded in London on 6 June 1844 by George Williams (philanthropist), George Williams as the Young Men's Christian Association. The organisation's stated aim is to put Christian values into practice by developing a healthy body, mind, and spirit. From its inception, YMCA grew rapidly, ultimately becoming a worldwide movement founded on the principles of muscular Christianity. Local YMCAs deliver projects and services focused on youth development through a wide variety of youth activities, including providing athletic facilities, holding classes for a wide variety of skills, promoting Christianity, and humanitarian work. YMCA is a non-governmental federation, with each independent local YMCA affiliated with its national or ...
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Ford Foundation
The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a $25,000 (about $550,000 in 2023) gift from Edsel Ford. By 1947, after the death of the two founders, the foundation owned 90% of the Non-voting stock, non-voting shares of the Ford Motor Company. (The Ford family retained the voting shares.) Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company. In 1949, Henry Ford II created Ford_Motor_Company#Ford_Philanthropy, Ford Philanthropy, a separate corporate foundation that to this day serves as the philanthropic arm of the Ford Motor Company and is not associated with the foundation. For many years, the foundation's financial endowment was the largest private endowment in the world; it remains among the List of wealthiest foundations, wealthiest. For fiscal year 2023, it reporte ...
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Fulbright Scholarship
The Fulbright Program, including the Fulbright–Hays Program, is one of several United States cultural exchange programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people of the United States and other countries through the mutual exchange of persons, knowledge, and skills. The program was founded by United States Senator J. William Fulbright in 1946, and has been considered as one of the most prestigious scholarships in the United States. Via the program, competitively selected American citizens including students, scholars, teachers, professionals, scientists, and artists may receive scholarships or grants to study, conduct research, teach, or exercise their talents abroad; and citizens of other countries may qualify to do the same in the United States. The program provides approximately 8,000 grants annually, comprising roughly 1,600 grants to U.S. students, 1,200 to U.S. scholars, 4,000 to foreign st ...
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Basic Books
Basic Books is a book publisher founded in 1950 and located in New York City, now an imprint of Hachette Book Group. It publishes books in the fields of psychology, philosophy, economics, science, politics, sociology, current affairs, and history. History Basic Books originated as a small Greenwich Village-based book club marketed to psychoanalysts. Arthur Rosenthal took over the book club in 1950, and under his ownership it soon began producing original books, mostly in the behavioral sciences. Early successes included Ernest Jones's ''The Life and Work of Sigmund Freud'', as well as works by Claude Lévi-Strauss, Jean Piaget and Erik Erikson. Irving Kristol joined Basic Books in 1960, and helped Basic to expand into the social sciences. Harper & Row purchased the company in 1969. In 1997, HarperCollins announced that it would merge Basic Books into its trade publishing program, effectively closing the imprint and ending its publishing of serious academic books. That sam ...
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Marginal Utility
Marginal utility, in mainstream economics, describes the change in ''utility'' (pleasure or satisfaction resulting from the consumption) of one unit of a good or service. Marginal utility can be positive, negative, or zero. Negative marginal utility implies that every consumed additional unit of a commodity causes more harm than good, leading to a decrease in overall utility. In contrast, positive marginal utility indicates that every additional unit consumed increases overall utility. In the context of cardinal utility, liberal economists postulate a law of diminishing marginal utility. This law states that the first unit of consumption of a good or service yields more satisfaction or utility than the subsequent units, and there is a continuing reduction in satisfaction or utility for greater amounts. As consumption increases, the additional satisfaction or utility gained from each additional unit consumed falls, a concept known as ''diminishing marginal utility.'' This idea is us ...
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Paul Nystrom
Paul Henry Nystrom (January 25, 1878 – August 17, 1969) was an American economist, and professor of marketing at Columbia University. He is most known as pioneer in marketing, and for his ''The Economics of Retailing'' (1915) and his ''Economics of Fashion'' (1928). Biography Nystrom obtained his Ph.B. from the University of Wisconsin in 1909, and his Ph.M. in 1910, and his Ph.D. in 1914 under William Amasa Scott (1862–1944). Nystrom started his academic career as assistant professor of Political Economy in the University of Wisconsin. He later became associate professor of economics in the University of Minnesota and eventually professor of marketing at Columbia University, where he retired in 1950. Nystrom served as editor of the American Marketing Journal and as the first editor of its successor, the Journal of Marketing. He was also a founding member of the American Marketing Association. Nystrom is frequently associated with the ''philosophy of futility'', a phrase ...
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Routledge
Routledge ( ) is a British multinational corporation, multinational publisher. It was founded in 1836 by George Routledge, and specialises in providing academic books, academic journals, journals and online resources in the fields of the humanities, behavioral science, behavioural science, education, law, and social science. The company publishes approximately 1,800 journals and 5,000 new books each year and their backlist encompasses over 140,000 titles. Routledge is claimed to be the largest global academic publisher within humanities and social sciences. In 1998, Routledge became a subdivision and Imprint (trade name), imprint of its former rival, Taylor & Francis, Taylor & Francis Group (T&F), as a result of a £90-million acquisition deal from Cinven, a venture capital group which had purchased it two years previously for £25 million. Following the merger of Informa and T&F in 2004, Routledge became a publishing unit and major imprint within the Informa "academic publishing ...
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Margaret G
Margaret is a feminine given name, which means "pearl". It is of Latin origin, via Ancient Greek and ultimately from Old Iranian. It has been an English name since the 11th century, and remained popular throughout the Middle Ages. It became less popular between the 16th and 18th century, but became more common again after this period, becoming the second-most popular female name in the United States in 1903. Since this time, it has become less common, but was still the ninth-most common name for women of all ages in the United States as of the 1990 census. Margaret has many diminutive forms in many languages, including Daisy, Greta, Gretchen, Maggie, Madge, Maisie, Marge, Margie, Margo, Margot, Marnie, Meg, Megan, Molly, Peggy, and Rita. Etymology Margaret is derived via French () and Latin () from (), via Persian ''murwārīd'', meaning "pearl". Margarita (given name) traces the etymology further as مروارید, ''morvārīd'' in modern Persian, derived f ...
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Hazel Kyrk
Hazel Kyrk (1886–1957) was an American economist and pioneer of consumer economics. Early life and education Hazel Kyrk was born in 1886 in Ashley, Ohio and was the only child of Elmer Kyrk, a drayman, and Jane Kyrk, a homemaker. Before entering Wesleyan University, Kyrk worked as a teacher in schools for three years. She attended Ohio Wesleyan University from 1904 to 1906. To supplement her father's meager income she worked as a housekeeper to the economics professor Leon Carroll Marshall while attending the university. The University of Chicago had become a hotbed for social science and Marshall moved there in 1906. Kyrk moved as well to continue her studies at university. In 1910 she earned a Ph.B. in economics. After working as an instructor at Wellesley College in Massachusetts she returned to Chicago to work towards a Ph.D. in economics. In 1914 she held a teaching position at Oberlin College in Ohio while continuing her doctoral studies. When the United States entere ...
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Iowa State College
Iowa State University of Science and Technology (Iowa State University, Iowa State, or ISU) is a public land-grant research university in Ames, Iowa, United States. Founded in 1858 as the Iowa Agricultural College and Model Farm, Iowa State became one of the nation's first designated land-grant institutions when the Iowa Legislature accepted the provisions of the 1862 Morrill Act on September 11, 1862. On July 4, 1959, the college was officially renamed Iowa State University of Science and Technology. Iowa State is the second largest university in Iowa by total enrollment. The university's academic offerings are administered through eight colleges, including the College of Agriculture and Life Sciences, the College of Veterinary Medicine, the College of Engineering, the Graduate College, the College of Liberal Arts & Sciences, the College of Design, Debbie and Jerry Ivy College of Business, and the College of Health and Human Sciences. They offer more than 100 bachelor' ...
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Taylor & Francis
Taylor & Francis Group is an international company originating in the United Kingdom that publishes books and academic journals. Its parts include Taylor & Francis, CRC Press, Routledge, F1000 (publisher), F1000 Research and Dovepress. It is a division of Informa, a United Kingdom-based publisher and conference company. Overview Founding The company was founded in 1852 when William Francis (chemist), William Francis joined Richard Taylor (editor), Richard Taylor in his publishing business. Taylor had founded his company in 1798. Their subjects covered agriculture, chemistry, education, engineering, geography, law, mathematics, medicine, and social sciences. Publications included the ''Philosophical Magazine''. Francis's son, Richard Taunton Francis (1883–1930), was sole partner in the firm from 1917 to 1930. Acquisitions and mergers In 1965, Taylor & Francis launched Wykeham Publications and began book publishing. T&F acquired Hemisphere Publishing in 1988, and the compa ...
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