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Shadow Open Market Committee
The Shadow Open Market Committee (SOMC) is an independent group of economists, first organized in 1973 by Professors Karl Brunner (economist), Karl Brunner, from the University of Rochester, and Allan H. Meltzer, Allan Meltzer, from Carnegie Mellon University, to provide a monetarism, monetarist alternative to the views on monetary policy and its inflation effects then prevailing at the Federal Reserve System, Federal Reserve and within the economics profession. At that time, the Fed argued that rising and variable inflation since 1965 was largely attributable to non-monetary forces such as the power of labor unions and oil price shocks, and had little to do with rapid money growth. Based on the principles of monetarism developed earlier by Milton Friedman, the SOMC blamed the Great Inflation squarely on Federal Reserve policies that featured excessive money growth. The SOMC's principal message that persistent inflation is always and everywhere a monetary phenomenon has been wide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karl Brunner (economist)
Karl Brunner (; ; 16 February 1916 – 9 May 1989) was a Swiss economist. Biography Karl Brunner was born in Zurich on 16 February 1916. He studied economics at the University of Zurich and the London School of Economics, and earned a doctorate at the University of Zurich in 1943. He left Switzerland in 1949 to take up a position as a visiting fellow at the Cowles Commission, University of Chicago. After a two-year fellowship, Brunner moved to Los Angeles in 1951 to begin an academic career at the University of California (UCLA), where he worked his way up from Assistant Professor to Associate Professor and, from 1961, to Full Professor. In 1966, he was appointed Professor at the Ohio State University, before moving to the University of Rochester in 1971. In the 1970s, Brunner frequently returned to Europe after accepting a professorship at the University of Konstanz, Germany (1969–1973) and subsequently the University of Bern, Switzerland (1974–1985). In 1979, Brunner was name ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Plosser
Charles Irving Plosser (; born September 19, 1948) is a former president of the Federal Reserve Bank of Philadelphia who served from August 1, 2006, to March 1, 2015. An academic macroeconomist, he is well known for his work on real business cycles, a term which he and John B. Long, Jr. coined. Specifically, he wrote along with Charles R. Nelson in 1982 , ''econ.washington.edu'' webpage, October 2007. Retrieved 2012-11-16. an influential work entitled "Trends and Random Walks in Macroeconomic Time Series" in which they dealt with the hypothesis of permanent shocks affecting the aggregate product (GDP). Biography Plosser was born in |
Michigan State University
Michigan State University (Michigan State, MSU) is a public university, public Land-grant university, land-grant research university in East Lansing, Michigan. It was founded in 1855 as the Agricultural College of the State of Michigan, the first of its kind in the United States. It is considered a Public Ivy, or a public institution which offers an academic experience similar to that of an Ivy League university. After the introduction of the Morrill Land-Grant Acts, Morrill Act in 1862, the state designated the college a land-grant institution in 1863, making it the first of the land-grant colleges in the United States. The college became coeducational in 1870. In 1955, the state officially made the college a university, and the current name, Michigan State University, was adopted in 1964. Today, Michigan State has the largest undergraduate enrollment among Michigan's colleges and universities and approximately 634,300 living alums worldwide. The university is a member of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Rasche
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argus Research Corporation
Argus is the Latinized form of the Ancient Greek word ''Argos''. It may refer to: Greek mythology * See Argus (Greek myth) for mythological characters named Argus **Argus (king of Argos), son of Zeus (or Phoroneus) and Niobe **Argus (son of Arestor), builder of the ship ''Argo'' in the tale of the Argonauts **Argus Panoptes (Argus "All-Eyes"), a giant with a hundred eyes **Argus, the eldest son of Phrixus and Chalciope **Argus, the son of Phineus and Danaë, in a variant of the myth **Argus or Argos (dog), belonging to Odysseus **Argus or Argeus (king of Argos), son of Megapenthes **Argus, one of Actaeon's dogs **Argus, a watchful guardian Arts and entertainment Fictional entities *Argus (comics), in the DC Comics Universe * Argus (''Mortal Kombat''), a deity * ARGUS (''Splinter Cell''), a military contractor *A.R.G.U.S., a government agency in the DC Universe *Argus Filch, in the ''Harry Potter'' series *Argus, a planet in the ''Warcraft'' franchise *Argus, a hero in '' Mobil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carnegie-Mellon University
Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. One of its predecessors was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools; it became the Carnegie Institute of Technology in 1912 and began granting four-year degrees in the same year. In 1967, the Carnegie Institute of Technology merged with the Mellon Institute of Industrial Research, founded in 1913 by Andrew Mellon and Richard B. Mellon and formerly a part of the University of Pittsburgh. Carnegie Mellon University has operated as a single institution since the merger. The university consists of seven colleges and independent schools: The College of Engineering, College of Fine Arts, Dietrich College of Humanities and Social Sciences, Mellon College of Science, Tepper School of Business, Heinz College of Information Systems and Public Policy, and the School of Computer Science. The university has its main campus located 5 miles (8 km) from Downt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of California At Davis
The University of California, Davis (UC Davis, UCD, or Davis) is a public land-grant research university near Davis, California. Named a Public Ivy, it is the northernmost of the ten campuses of the University of California system. The institution was first founded as an agricultural branch of the system in 1905 and became the seventh campus of the University of California in 1959. The university is classified among "R1: Doctoral Universities – Very high research activity". The UC Davis faculty includes 23 members of the National Academy of Sciences, 30 members of the American Academy of Arts and Sciences, 17 members of the American Law Institute, 14 members of the Institute of Medicine, and 14 members of the National Academy of Engineering. Among other honors that university faculty, alumni, and researchers have won are two Nobel Prizes, one Fields Medal, a Presidential Medal of Freedom, three Pulitzer Prizes, three MacArthur Fellowships, and a National Medal of Science. Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Mayer (American Economist)
Thomas Mayer (January 18, 1927 – June 12, 2015) was an Austrian-born American economist who was professor of economics at the University of California, Davis. He previously taught at West Virginia University, the University of Notre Dame, Michigan State University, and the University of California, Berkeley. He is known for his work in monetary policy and economic methodology. Mayer received his Ph.D. from Columbia University in 1953. Early life Mayer was an only child born to middle-class Jewish parents in Vienna, Austria, in 1927. He was not a good student, except for subjects that he liked and only barely passed the test to enter gymnasium. The Anschluss made it difficult for his father to find work and the family began trying to get out of Austria in 1938. The difficulty was to get a visa to enter another country; leaving Austria was then not a problem. Mayer's parents applied for a visa in March 1938. Because England was accepting refugee children, Mayer was able to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Homer Jones (economist)
Homer Jones (1906–1986) was a prominent American economist. In the course of his career, Jones spent time at Rutgers University, the University of Chicago, the Brookings Institution and the Federal Deposit Insurance Corporation. He is best known for serving as research director and later senior vice-president at the Federal Reserve Bank of St. Louis, which he joined in 1958. Under his leadership, the St. Louis Fed gained a reputation as a maverick in the Federal Reserve System because of its espousal of monetarism. Milton Friedman, who studied under Jones at Rutgers, credited Jones' encouragement for his decision to become an economist. The St. Louis Fed sponsors the annual Homer Jones Memorial Lecture Series in his memory. Speakers have included R. Glenn Hubbard (2013), dean of the Columbia University Graduate School of Business, a former deputy assistant secretary at the U.S. Department of the Treasury and a former chairman of the Council of Economic Advisors; Mohamed A. El-E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in China's Jiangling Motors. It also has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand ( AutoAlliance Thailand), and Turkey ( Ford Otosan). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines; by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Clay Ford Sr
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shoul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First National City Bank
Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex. The U.S. branches are concentrated in six metropolitan areas: New York, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. It was founded as City Bank of New York and became National City Bank of New York. It has had an important role in war bonds. It has had a role in international events including the U.S. invasion of Haiti. History Early history The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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