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John Brooks (writer)
John Brooks (December 5, 1920 – July 27, 1993) was a writer and longtime contributor to ''The New Yorker'' magazine, where he worked for many years as a staff writer, specializing in financial topics. Brooks was also the author of several books, both fiction and non-fiction, the best known of which was an examination of the financial shenanigans of the 1960s Wall Street bull market. Early life John Nixon Brooks was born on December 5, 1920, in New York City, but grew up in Trenton, New Jersey. He graduated from Kent School in Kent, Connecticut in 1938 and Princeton University in 1942. After graduation Brooks joined the United States Army Air Forces, in which he served as a communications and radar officer from 1942 until 1945. He was aboard the First United States Army headquarters ship on D-Day during the Allied invasion of Normandy in 1944. After leaving the military, Brooks went to work for ''Time (magazine), Time'' magazine, where he became a contributing editor. He worked a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New Yorker
''The New Yorker'' is an American magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. It was founded on February 21, 1925, by Harold Ross and his wife Jane Grant, a reporter for ''The New York Times''. Together with entrepreneur Raoul H. Fleischmann, they established the F-R Publishing Company and set up the magazine's first office in Manhattan. Ross remained the editor until his death in 1951, shaping the magazine's editorial tone and standards. ''The New Yorker''s fact-checking operation is widely recognized among journalists as one of its strengths. Although its reviews and events listings often focused on the Culture of New York City, cultural life of New York City, ''The New Yorker'' gained a reputation for publishing serious essays, long-form journalism, well-regarded fiction, and humor for a national and international audience, including work by writers such as Truman Capote, Vladimir Nabokov, and Alice Munro. In the late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gerald Loeb Award
The Gerald Loeb Awards, also referred to as the Gerald Loeb Awards for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co. Loeb's intention in creating the award was to encourage reporters to inform and protect private investors as well as the general public in the areas of business, finance and the economy. Gerald Loeb Loeb first became known for his book ''The Battle for Investment Survival'', which was popular during the Great Depression and is still considered a classic. Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California. He moved to New York in 1921 after joining with E. F. Hutton & Co., and became vice-chairman of the board when the company incorporated in 1962. The Wall Street Crash of 1929 great ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Piggly Wiggly
Piggly Wiggly is an American supermarket chain operating in the American Southern and Midwestern regions run by Piggly Wiggly, LLC, an affiliate of C&S Wholesale Grocers. Its first outlet opened in 1916 in Memphis, Tennessee, and is notable as the first true self-service grocery store, and the originator of various familiar supermarket features, such as checkout stands and individual item price marking. It is currently headquartered in Keene, New Hampshire, although no Piggly Wiggly-branded stores operate in that state. As of 2024, 503 independently owned Piggly Wiggly stores currently operate across 18 states, primarily in smaller cities and towns. History Piggly Wiggly was the first self-service grocery store. It was founded by Clarence Saunders on September 6, 1916 (although it did not open until five days later due to delays in construction), at 79 Jefferson Avenue in Memphis, Tennessee. A replica of the original store has been constructed in the Memphis Pink Palace ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Moses
Robert Moses (December 18, 1888 – July 29, 1981) was an American urban planner and public official who worked in the New York metropolitan area during the early to mid-20th century. Moses is regarded as one of the most powerful and influential people in the history of New York City and New York state. The grand scale of his infrastructure projects and his philosophy of urban development influenced a generation of engineers, architects, and urban planners across the United States. Never elected to any public office, Moses held various positions throughout his more-than-40-year career. He held as many as 12 titles at once, including New York City Parks Commissioner and chairman of the Long Island State Park Commission. By working closely with New York governor Al Smith early in his career, he became an expert in writing laws and navigating and manipulating the workings of state government. He created and led numerous semi-autonomous public authorities, through which he cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Jersey Meadowlands
New Jersey Meadowlands, also known as the Hackensack Meadowlands after the Hackensack River, primary river flowing through it, is a general name for a large ecosystem of wetlands in northeastern New Jersey in the United States, a few miles to the west of New York City. During the 20th century, much of the Meadowlands area was Urbanization, urbanized, and it became known for being the site of large landfills and decades of environmental abuse. A variety of projects began in the late 20th century to restore and conserve the remaining ecological resources in the Meadowlands. Geography The Meadowlands stretch mainly along the terminus of the Hackensack River, Hackensack and Passaic Rivers as they flow into Newark Bay; tributaries of the Hackensack include Mill Creek, Berrys Creek, and Overpeck Creek. The present Meadowlands consist of roughly 8,400 acres (34 km2) of open, undeveloped space in addition to developed areas that had been part of the natural wetlands which were heavi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Jersey
New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeast megalopolis, it is bordered to the northwest, north, and northeast by New York (state), New York State; on its east, southeast, and south by the Atlantic Ocean; on its west by the Delaware River and Pennsylvania; and on its southwest by Delaware Bay and Delaware. At , New Jersey is the List of U.S. states and territories by area, fifth-smallest state in land area. According to a 2024 United States Census Bureau, U.S. Census Bureau estimate, it is the List of U.S. states and territories by population, 11th-most populous state, with over 9.5 million residents, its highest estimated count ever. The state capital is Trenton, New Jersey, Trenton, and the state's most populous city is Newark, New Jersey, Newark. New Jersey is the only U.S. stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laffer Curve
In economics, the Laffer curve illustrates a theoretical relationship between tax rate, rates of taxation and the resulting levels of the government's tax revenue. The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, meaning that there is a tax rate between 0% and 100% that maximizes government tax revenue. The shape of the curve is a function of taxable income Elasticity (economics), elasticity—i.e., taxable income changes in response to changes in the rate of taxation. As popularized by Supply-side economics, supply-side economist Arthur Laffer, the curve is typically represented as a graph that starts at 0% tax with zero revenue, rises to a maximum rate of revenue at an intermediate rate of taxation, and then falls again to zero revenue at a 100% tax rate. However, the shape of the curve is uncertain and disputed among economists. One implication of the Laffer curve is that increasing tax rates beyond a certain point is count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arthur Laffer
Arthur Betz Laffer (; born August 14, 1940) is an American Economics, economist and author who first gained prominence during the Presidency of Ronald Reagan, Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–1989). Laffer is best known for the Laffer curve, an illustration of the hypothesis that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for government. In certain circumstances, this would allow governments to cut taxes, and simultaneously increase revenue and economic growth. Laffer was an economic advisor to Donald Trump's 2016 presidential campaign. In 2019, President Trump awarded Laffer with the Presidential Medal of Freedom for his contributions in the field of economics. Early life and education Laffer was born in Youngstown, Ohio, the son of Marian Amelia "Molly" (née Betz), a homemaker and politician, and William Gillespie Laffer, president of the Clevite, Clevite Corporation. He was raised ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank
Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. The bank has branch (banking), branches in 19 countries. The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. As of 2023, Citibank is the third-largest bank in the United States in terms of assets. History Founding 19th century 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 President of the bank, staying until 1817, followed by Peter Stagg (1817–1825), Thomas Smith (1825–1827), Isaac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply-side Economics
Supply-side economics is a Macroeconomics, macroeconomic theory postulating that economic growth can be most effectively fostered by Tax cuts, lowering taxes, Deregulation, decreasing regulation, and allowing free trade. According to supply-side economics theory, consumers will benefit from greater supply of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties: #Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity (output per worker). Encouraging globalized free trade via containerization is a major recent example. #Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are example ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis Rukeyser
Louis Richard Rukeyser (January 30, 1933 – May 2, 2006) was an American financial journalist, columnist, and commentator, through print, radio, and television. He was the host of two television series, ''Wall Street Week with Louis Rukeyser'', and ''Louis Rukeyser's Wall Street''. He also published two financial newsletters, ''Louis Rukeyser's Wall Street'' and ''Louis Rukeyser's Mutual Funds''. Named by ''People'' magazine as the only sex symbol of " the dismal science" of economics, Rukeyser won numerous awards and honors over his lifetime. Rukeyser was famous for his pun-filled humor, and for advising investors to ignore short-term gyrations of the market and think long term. In answering a letter on investing in a hairpiece manufacturer, he quipped that "if your money seems to be hair today and gone tomorrow, we'll try to make it grow back by giving the bald facts on how to get your investments toupée." Early life and education Rukeyser was born on January 30, 1933, i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Week
''Bloomberg Wall Street Week'' (''WSW''), is an investment news and information TV program airing Friday nights on the Bloomberg Television. History The original weekly show hosted by Louis Rukeyser aired each Friday evening on PBS in the United States from November 20, 1970, to 2005. The program features a host (or hosts) and guest experts participating in discussions related to the financial markets. The original show, which was created by Anne Truax Darlington and produced by Maryland Public Television (MPT), debuted on the entire PBS network on November 20, 1970, and was officially titled ''Wall $treet Week with Louis Rukeyser'' (''W$W'') during the 32 years he hosted from November 20, 1970, to March 22, 2002 (the "S" in "Street" was rendered and officially titled in television listings with a dollar sign). In June 2002, the show was modified, dropping Rukeyser and changing the name to ''Wall Street Week with Fortune''. Rukeyser went on to host '' Louis Rukeyser's W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
