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Lawrence Reed
Lawrence "Larry" W. Reed (born September 29, 1953), also known as Larry Reed, is president emeritus of the Foundation for Economic Education (FEE), where he has served as the Humphreys Family Senior Fellow since May 2019. Before joining FEE, Reed served as president of the Mackinac Center for Public Policy, a Midland, Michigan-based free-market think tank. To date, he remains Mackinac's president emeritus. Early life and education Reed was born and raised in Pennsylvania, United States. Reed has cited the 1968 event between the Czechs and the Soviets known as the " Prague Spring" as the genesis for his interest in liberty, and has referred to the Czech cause as a "flowering of liberty". As a result of interactions with FEE in his teen years, Reed became exposed to the ideas of Friedrich Hayek, Ludwig von Mises, and others from the Austrian school of economics. Reed holds a Bachelor of Arts degree in economics from Grove City College (1975) and a Master of Arts degree in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian School
The Austrian school is a Heterodox economics, heterodox Schools of economic thought, school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals along with their self interest. Austrian-school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian school originated in 1871 in Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical school of economics, Historical school, in a dispute known as ''Methodenstreit'', or methodology quarrel. Current-day economists working in this tradition are located in many countries, but their work is still referred to as Austrian economics. Among the theoretical contribu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian Economics
The Austrian school is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals along with their self interest. Austrian-school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian school originated in 1871 in Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical school, in a dispute known as '' Methodenstreit'', or methodology quarrel. Current-day economists working in this tradition are located in many countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian school are the subjective theor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anti-communist
Anti-communism is political and ideological opposition to communist beliefs, groups, and individuals. Organized anti-communism developed after the 1917 October Revolution in Russia, and it reached global dimensions during the Cold War, when the United States and the Soviet Union engaged in an intense rivalry. Anti-communism has been an element of many movements and different political positions across the political spectrum, including anarchism, centrism, conservatism, fascism, liberalism, nationalism, social democracy, socialism, leftism, and libertarianism, as well as broad movements #Evasion of censorship, resisting communist governance. Anti-communism has also been expressed by #Religions, several religious groups, and in art and #Literature, literature. The first organization which was specifically dedicated to opposing communism was the Russian White movement, which fought in the Russian Civil War starting in 1918 against the recently established Government of Vladimir Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Haing S
Haing Somnang Ngor ( Khmer: ហាំង សំណាង ង៉ោ; March 22, 1940 – February 25, 1996) was a Cambodian-born American actor. He won the Academy Award for Best Supporting Actor for his portrayal of Cambodian-American journalist Dith Pran in the biographical drama film '' The Killing Fields'' (1984). He was murdered in Los Angeles in 1996. Early life Haing Somnang Ngor was born on March 22, 1940, in Samrong Yong, a village in Cambodia, then part of French Indochina. His mother was Khmer, and his father was of Chinese descent. Ngor trained as a gynecologist and obstetrician, practicing in Phnom Penh before the capture of the city by Pol Pot's Khmer Rouge in 1975. He had to conceal his education, medical skills, and even the fact that he wore glasses to avoid the new regime's intense hostility to intellectuals and professionals. Ngor was expelled from Phnom Penh with the bulk of its two million inhabitants as part of the Khmer Rouge's idea Year Zero and sent t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Academy Awards
The Academy Awards, commonly known as the Oscars, are awards for artistic and technical merit in film. They are presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) in the United States in recognition of excellence in cinematic achievements as assessed by the Academy's voting membership. The Oscars are widely considered to be the most prestigious awards in the film industry. The major award categories, known as the Academy Awards of Merit, are presented during a live-televised Hollywood, Los Angeles, Hollywood ceremony in February or March. It is the oldest worldwide entertainment awards ceremony. The 1st Academy Awards were held in 1929. The 2nd Academy Awards, second ceremony, in 1930, was the first one broadcast by radio. The 25th Academy Awards, 1953 ceremony was the first one televised. It is the oldest of the EGOT, four major annual American entertainment awards. Its counterparts—the Emmy Awards for television, the Tony Awards for theater, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guerrilla Warfare
Guerrilla warfare is a form of unconventional warfare in which small groups of irregular military, such as rebels, partisans, paramilitary personnel or armed civilians, which may include recruited children, use ambushes, sabotage, terrorism, raids, petty warfare or hit-and-run tactics in a rebellion, in a violent conflict, in a war or in a civil war to fight against regular military, police or rival insurgent forces. Although the term "guerrilla warfare" was coined in the context of the Peninsular War in the 19th century, the tactical methods of guerrilla warfare have long been in use. In the 6th century BC, Sun Tzu proposed the use of guerrilla-style tactics in '' The Art of War''. The 3rd century BC Roman general Quintus Fabius Maximus Verrucosus is also credited with inventing many of the tactics of guerrilla warfare through what is today called the Fabian strategy, and in China Peng Yue is also often regarded as the inventor of guerrilla warfare. Guerrilla wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contras
In the history of Nicaragua, the Contras (Spanish: ''La contrarrevolución'', the counter-revolution) were the right-wing militias who waged anti-communist guerilla warfare (1979–1990) against the Marxist governments of the Sandinista National Liberation Front and the Junta of National Reconstruction, which came to power after the Nicaraguan Revolution in 1979. Months after the political dynasty (1936–1979) of the Somoza family lost the Nicaraguan Revolution to the Sandinistas, the US government sponsored the remaining national-guard soldiers and Somocista politicians of the losing side as ''la Contra'', the right-wing counter-revolution. The American military assistance and financial aid granted the Contras a measure of political credibility and military utility as anti-communist militias useful to U.S. foreign policy in Latin America. In 1986, consequent to complaints of the Contras' regular violation of the human rights of Nicaraguan civilians, the Boland Ame ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iron Curtain
The Iron Curtain was the political and physical boundary dividing Europe into two separate areas from the end of World War II in 1945 until the end of the Cold War in 1991. On the east side of the Iron Curtain were countries connected to the Soviet Union, and on the west side those that were NATO members. Economic and military alliances developed on each side of the Iron Curtain, and it became a term for the physical barriers of razor wire, Fence, fences, Fortified wall, walls, minefields, and Watchtower, watchtowers built along it. The nations to the east of the Iron Curtain were People's Republic of Poland, Poland, East Germany, Socialist Republic of Czechoslovakia, Czechoslovakia, Hungarian People's Republic, Hungary, Socialist Republic of Romania, Romania, People's Republic of Bulgaria, Bulgaria, People's Republic of Albania, Albania, and the USSR; however, Reunification of Germany, East Germany, Breakup of Czechoslovakia, Czechoslovakia, and the Dissolution of the USSR, USS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Market
A black market is a Secrecy, clandestine Market (economics), market or series of transactions that has some aspect of illegality, or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution are prohibited or restricted by law, non-compliance with the rule constitutes a black-market trade since the transaction itself is illegal. Such transactions include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Participants try to hide their illegal behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions, since cash transactions are less easily traced. Common motives for operating in black markets are to trade contraband, avoid taxes and regulations, or evade price controls or rationing. Typically, the totality of such activity is referred to with the definite article, e.g., "''the' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real versus nominal value (economics), real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. Effective capital controls and currency substitution ("dollarization") are the orthodox solutions to ending short-term hyperinflation; however, there are significant social and economic costs to these policies. Ineffective implementations of these solutions often exacerbate the situation. Many governments choose to attempt to solve structural issues without resorting to those solutions, with the goal of bringing inflation down slowly while minimizing social costs of further economic shocks; however, this can lead to a prolonged period of high inflation. Unlike low inflation, where the process of rising prices is protracted and not generally noticeab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michigan's 10th Congressional District
Michigan's 10th congressional district is a United States congressional district in the Lower Peninsula of Michigan. It consists of southern Macomb County, Rochester and Rochester Hills in Oakland County. District boundaries were redrawn in 1992, 2002, 2012, and 2022 due to reapportionment following the censuses of 1990, 2000, 2010, and 2020. The current district is considered quite competitive. Southern Macomb County tends to support Democratic candidates, while central Macomb County and Rochester/Rochester Hills tend to be more moderate to slightly Republican. From 2021 to 2022, Lisa McClain represented the 10th; after redistricting moved McClain to the neighboring 9th district, John E. James was elected to represent it since 2023. Counties and municipalities For the 118th and successive Congresses (based on redistricting following the 2020 census), the district contains all or portions of the following counties and municipalities: Macomb County (14) : Center ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party (United States)
The Republican Party, also known as the Grand Old Party (GOP), is a Right-wing politics, right-wing political parties in the United States, political party in the United States. One of the Two-party system, two major parties, it emerged as the main rival of the then-dominant Democratic Party (United States), Democratic Party in the 1850s, and the two parties have dominated American politics since then. The Republican Party was founded in 1854 by anti-slavery activists opposing the Kansas–Nebraska Act and the expansion of slavery in the United States, slavery into U.S. territories. It rapidly gained support in the Northern United States, North, drawing in former Whig Party (United States), Whigs and Free Soil Party, Free Soilers. Abraham Lincoln's 1860 United States presidential election, election in 1860 led to the secession of Southern states and the outbreak of the American Civil War. Under Lincoln and a Republican-controlled Congress, the party led efforts to preserve th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
