William H. Meckling
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William H. Meckling
William "Bill" Henry Meckling II (September 20, 1921 – May 15, 1998) was an American finance professor. Along with Michael C. Jensen, Michael Jensen, he published a seminal corporate finance article in 1976 on the "Theory of The Firm". This article is one of the most highly cited articles published in the last fifty years in economics and finance. Meckling was the second dean of the Simon Business School, University of Rochester's William E. Simon Graduate School of Business Administration, serving from 1964 to 1983. During his tenure as dean, he oversaw the development of the management school and recruited several noteworthy economists including Michael Jensen and doctoral student Kenneth French. Early life and education Meckling was born in McKeesport, Pennsylvania, a suburb of Pittsburgh, to William Henry Meckling Sr. and Katherine Elizabeth Meckling. The second of six children, he spent time in various cities across Pennsylvania and Indiana before attending Westminster ...
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McKeesport
McKeesport is a city in Allegheny County, Pennsylvania, United States. A suburb of Pittsburgh, it is situated at the confluence of the Monongahela River, Monongahela and Youghiogheny River, Youghiogheny rivers. The population was 17,727 as of the 2020 United States census, 2020 census. History Early history David McKee emigrated from Scotland and was the first permanent white settler at the forks of the Monongahela River, Monongahela and Youghiogheny River, Youghiogheny Rivers, the site of present-day McKeesport, in 1755. Around the time of the French and Indian Wars, George Washington often came to McKeesport to visit his friend, Queen Alliquippa, a Seneca people, Seneca Indian ruler. The Colonial Government granted David McKee exclusive right of ferrage over those rivers on April 3, 1769, called "McKee's Port". His son, John McKee, an original settler of Philadelphia, built a log cabin at this location. After taking over his father's local river ferry business, he devised a pla ...
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Andrew Marshall (foreign Policy Strategist)
Andrew W. Marshall (September 13, 1921 – March 26, 2019) was an American foreign policy strategist who served as director of the United States Department of Defense's Office of Net Assessment from 1973 to 2015. Appointed to the position by President Richard Nixon, Marshall remained in office during all successive administrations that followed until his retirement on January 2, 2015. He was succeeded in the role by James H. Baker. Early life and education Raised in Detroit, Michigan, Marshall pursued autodidactic interests in history, literature and the natural and social sciences from a young age. He graduated from Cass Technical High School (where he trained in machining and received the second-highest score on a citywide aptitude test for honors students similar in provenance to the SAT) in 1939. After briefly working in a factory and attending the University of Detroit for a year, he dropped out to take a position at the Murray Body Company, where he manufactured machine to ...
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Center For Naval Analyses
CNA (previously named the CNA Corporation), fully as The Center for Naval Analyses, is a federally-funded nonprofit research and analysis organization based in Arlington County, Virginia, USA. It has around 625 employees. History CNA traces its origins to the Antisubmarine Warfare Operations Group (ASWORG), formed in 1942 to assist the U.S. Navy with scientific advice for finding and attacking U-boats that were sinking commercial ships off the Atlantic coast of North America. Massachusetts Institute of Technology physics Professor Philip M. Morse founded ASWORG at the request of Capt. Wilder D. Baker, then commander of the Antisubmarine Warfare Unit of the Atlantic Fleet. Morse is considered the father of operations research in the United States. By the end of World War II, the organization had expanded to almost 80 scientists serving on eight military bases in the Atlantic and Pacific as well as at the Washington, D.C. headquarters. They advised U.S. forces on air, antiaircra ...
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Nelson Rockefeller
Nelson Aldrich "Rocky" Rockefeller (July 8, 1908 – January 26, 1979) was the 41st vice president of the United States, serving from 1974 to 1977 under President Gerald Ford. He was also the 49th governor of New York, serving from 1959 to 1973. Rockefeller was a member of the Republican Party and of the wealthy Rockefeller family. After graduating from Dartmouth College in 1930, Rockefeller worked at various businesses connected to his family. He served as assistant secretary of State for American Republic Affairs for Presidents Franklin D. Roosevelt and Harry S. Truman (1944–1945), and as Undersecretary of Health, Education and Welfare (HEW) under Dwight D. Eisenhower from 1953 to 1954. He was first elected governor of New York in 1958, and was re-elected in 1962, 1966, and 1970. As governor of New York, Rockefeller's achievements included the expansion of the State University of New York (SUNY), efforts to protect the environment, the construction of the Empire State ...
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Tax Foundation
The Tax Foundation is an international research think tank based in Washington, D.C. that collects data and publishes research studies on Taxation in the United States, U.S. tax policies at both the federal and state levels. Its stated mission is to "improve lives through tax policy research and education that leads to greater economic growth and opportunity". The Tax Foundation is organized as a 501(c)(3) Tax exemption, tax-exempt Non-profit organization, non-profit educational and research organization, with three primary areas of research: the Center for Federal Tax Policy, the Center for State Tax Policy, and the Center for Global Tax Policy. The group is known for its annual reports such as the ''State Tax Competitiveness Index'', ''International Tax Competitiveness Index'', and ''Facts & Figures: How Does Your State Compare'', which was first produced in 1941. History The Tax Foundation was organized on December 5, 1937, in New York City by Alfred P. Sloan Jr., Chai ...
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National Science Board
The National Science Board (NSB) of the United States establishes the policies of the National Science Foundation (NSF) within the framework of applicable national policies set forth by the President of the United States, president and the United States Congress, Congress. The NSB also serves as an independent policy advisory body to the president and Congress on science and engineering research and education issues. The board has a statutory obligation to "...render to the President and to the Congress reports on specific, individual policy matters related to science and engineering and education in science engineering, as Congress or the President determines the need for such reports," (e.g. Science and Engineering Indicators; Report to Congress on Mid-scale Instrumentation at the National Science Foundation). All board members are presidential appointees. NSF's director serves as an ex officio 25th member and is appointed by the president and confirmed by the US Senate. Mission ...
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The Modern Corporation And Private Property
''The Modern Corporation and Private Property'' is a book written by Adolf Berle and Gardiner Means published in 1932 regarding the foundations of United States corporate law. It explores the evolution of big business through a legal and economic lens, and argues that in the modern world those who legally have ownership over companies have been separated from their control. The second, revised edition was released in 1967. It serves as a foundational text in corporate governance, corporate law (company law), and institutional economics. Berle and Means argued that the structure of corporate law in the United States in the 1930s enforced the separation of ownership and control because the corporate person formally owns a corporate entity even while shareholders own shares in the corporate entity and elect corporate directors who control the company's activities. ''The Modern Corporation and Private Property,'' first brought forward issues associated with the widely dispersed ...
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YouTube
YouTube is an American social media and online video sharing platform owned by Google. YouTube was founded on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim who were three former employees of PayPal. Headquartered in San Bruno, California, it is the second-most-visited website in the world, after Google Search. In January 2024, YouTube had more than 2.7billion monthly active users, who collectively watched more than one billion hours of videos every day. , videos were being uploaded to the platform at a rate of more than 500 hours of content per minute, and , there were approximately 14.8billion videos in total. On November 13, 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $ billion in ). Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube. It also offers YouTube Premium, a paid subs ...
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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 ...
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Interlaken
Interlaken (; lit.: ''between lakes'') is a Swiss town and municipality in the Interlaken-Oberhasli administrative district in the canton of Bern. It is an important and well-known tourist destination in the Bernese Oberland region of the Swiss Alps, and the main transport gateway to the mountains and lakes of that region. The town is located on flat alluvial land called Bödeli between two lakes, Brienz to the east and Thun to the west, and alongside the river Aare, which flows between them. Transport routes to the east and west alongside the lakes are complemented by a route southwards into the near mountain resorts and high mountains, e.g. the famous high Alpine peaks of Eiger, Mönch and Jungfrau, following upwards the Lütschine. Interlaken is the central town of a small agglomeration with the same name of 23,300 inhabitants. The official language of Interlaken is German,The official language in any municipality in German-speaking Switzerland is always German. In this c ...
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Karl Brunner (economist)
Karl Brunner ( , ; 16 February 1916 – 9 May 1989) was a Swiss economist. Biography Karl Brunner was born in Zürich on 16 February 1916. He studied economics at the University of Zürich from 1934 to 1937, and at the London School of Economics from 1937 to 1938, before returning to the University of Zürich, where he received a doctorate in 1943. He served briefly as an economist at the Swiss National Bank, and as a lecturer and research assistant at the University of St. Gallen. He left Switzerland in 1949 to take up a position as a visiting fellow at the Cowles Commission, then based at the 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, Los Angeles, where, in 1961, he was appointed a full professor. In 1966, he was appointed a professor at Ohio State University, before moving to the University of Rochester in 1971. In the 1970s, Brunner frequently returned to Europe, where ...
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Booth School
The University of Chicago Booth School of Business (branded as Chicago Booth) is the graduate business school of the University of Chicago, a private research university in Chicago, Illinois. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world. Notable Chicago Booth alumni include James O. McKinsey, founder of McKinsey & Company; Susan Wagner, co-founder of Blackrock; Eric Kriss, co-founder of Bain Capital; Satya Nadella, current CEO of Microsoft; and other current and former CEOs of Fortune 500 companies such as Allstate Insurance, Booz Allen Hamilton, Cargill, Chevron, Chipotle Mexican Grill, Credit Suisse, Dominos, Goldman Sachs, IBM, Morgan Stanley, Morningstar, PIMCO, Reckitt Benckiser, and Starbucks. History The University of Chicago Booth School of Business traces its roots to 1898 when university faculty member James Laure ...
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