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Open Letter To Gorbachev
On November 7, 1990, an open letter to then President of the Soviet Union Mikhail Gorbachev was published and signed by a rank of thirty Western sources, most of whom were academics. The contents of the letter made the argument to the Soviet head of state that while moving the Economy of the Soviet Union away from a centrally planned system towards a free market mixed economy was a step forward, they warned the leader against following through with what the West had done following the end of feudalism; privatising the land itself, instead opting towards a Georgist system of common ownership and the collection of public revenue through land value taxation. Nobel prize-winners Franco Modigliani, James Tobin, Robert Solow and William Vickrey were among the letter's signees. Contents While the signatories of the open letter praised the Soviet leader for moving his country towards a market economy, they warned that there was: ...a danger that you will adopt features of our economies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of The Soviet Union
The president of the Soviet Union (), officially the president of the Union of Soviet Socialist Republics (), abbreviated as president of the USSR (), was the executive head of state of the Union of Soviet Socialist Republics from 15 March 1990 to 25 December 1991. Mikhail Gorbachev was the only person to occupy this office. Gorbachev was also General Secretary of the Communist Party of the Soviet Union between March 1985 and August 1991. He derived an increasingly large share of his power from his position as president through his resignation as General Secretary following the 1991 coup d'état attempt. History The idea of the institution of a sole head of state (instead of collegial leadership) first appeared during the preparation of the draft 1936 Soviet Constitution. However, at the suggestion of the informal first person of the USSR, Joseph Stalin, who could compete with the official head of state, the idea was rejected. He formally justified the reason for this r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Good (economics)
In economics, a public good (also referred to as a social good or collective good)Oakland, W. H. (1987). Theory of public goods. In Handbook of public economics (Vol. 2, pp. 485–535). Elsevier. is a commodity, product or service that is both non-excludable and non-rivalrous and which is typically provided by a government and paid for through taxation. Use by one person neither prevents access by other people, nor does it reduce availability to others, so the good can be used simultaneously by more than one person. This is in contrast to a common good, such as wild fish stocks in the ocean, which is non-excludable but rivalrous to a certain degree. If too many fish were harvested, the stocks would deplete, limiting the access of fish for others. A public good must be valuable to more than one user, otherwise, its simultaneous availability to more than one person would be economically irrelevant. Capital goods may be used to produce public goods or services that are "...ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gene Wunderlich
In biology, the word gene has two meanings. The Mendelian gene is a basic unit of heredity. The molecular gene is a sequence of nucleotides in DNA that is transcribed to produce a functional RNA. There are two types of molecular genes: protein-coding genes and non-coding genes. During gene expression (the synthesis of Gene product, RNA or protein from a gene), DNA is first transcription (biology), copied into RNA. RNA can be non-coding RNA, directly functional or be the intermediate protein biosynthesis, template for the synthesis of a protein. The transmission of genes to an organism's offspring, is the basis of the inheritance of phenotypic traits from one generation to the next. These genes make up different DNA sequences, together called a genotype, that is specific to every given individual, within the gene pool of the population (biology), population of a given species. The genotype, along with environmental and developmental factors, ultimately determines the phenotype ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
