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Randolph Foundation
The Randolph Foundation is a New York-based charitable foundation that first operated in 1972 as the H. Smith Richardson Charitable Trust. It transitioned to independence from the Smith Richardson Foundation, assuming the name of The Randolph Foundation from 1991–1993, and was reconstituted as a NY non-profit corporation in 2002. The foundation provides funding primarily for public policy related projects. Heather Higgins (née Richardson) is its President. Creation and mission The Randolph Foundation was established as a charitable trust under the will of H. Smith Richardson in 1972. H. Smith Richardson was an heir of Lunsford Richardson, founder of the Vicks chemical company. Chartered with a broad mandate, it was operated under the aegis of the Smith Richardson Foundation's public policy arm, making grants that were, for the most part, indistinguishable from the focus of the Smith Richardson Foundation ''per se''. In the spring of 1991, the Randolph Foundation began to operat ...
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501(c)(3)
A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, for testing for public safety, to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. 501(c)(3) exemption applies also for any non-incorporated community chest, fund, cooperating association or foundation organized and operated exclusively for those purposes.
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The Rise And Fall Of Socialism
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pro ...
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Free-market Environmentalist
Free-market environmentalism argues that the free market, property rights, and tort law provide the best means of preserving the environment, internalizing pollution costs, and conserving resources. Free-market environmentalists therefore argue that the best way to protect the environment is to clarify and protect property rights. This allows parties to negotiate improvements in environmental quality. It also allows them to use torts to stop environmental harm. If affected parties can compel polluters to compensate them they will reduce or eliminate the externality. Market proponents advocate changes to the legal system that empower affected parties to obtain such compensation. They further claim that governments have limited affected parties' ability to do so by complicating the tort system to benefit producers over others. Tenets While environmental problems may be viewed as market failures, free market environmentalists argue that environmental problems arise because: # ...
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Liberalism
Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for conservatism and for tradition in general, tolerance, and ... individualism". John Dunn. ''Western Political Theory in the Face of the Future'' (1993). Cambridge University Press. . Liberals espouse various views depending on their understanding of these principles. However, they generally support private property, market economies, individual rights (including civil rights and human rights), liberal democracy, secularism, rule of law, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion. Liberalism is frequently cited as the dominant ideology of modern times.Wolfe, p. 23.Adams, p. 11. Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity ...
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Thomist
Thomism is the philosophical and theological school that arose as a legacy of the work and thought of Thomas Aquinas (1225–1274), the Dominican philosopher, theologian, and Doctor of the Church. In philosophy, Aquinas' disputed questions and commentaries on Aristotle are perhaps his best-known works. In theology, his ''Summa Theologica'' is amongst the most influential documents in medieval theology and continues to be the central point of reference for the philosophy and theology of the Catholic Church. In the 1914 motu proprio ''Doctoris Angelici'', Pope Pius X cautioned that the teachings of the Church cannot be understood without the basic philosophical underpinnings of Aquinas' major theses: Overview Thomas Aquinas held and practiced the principle that truth is to be accepted no matter where it is found. His doctrines drew from Greek, Roman, Islamic and Jewish philosophers. Specifically, he was a realist (i.e. unlike skeptics, he believed that the world can be ...
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Natural Law
Natural law ( la, ius naturale, ''lex naturalis'') is a system of law based on a close observation of human nature, and based on values intrinsic to human nature that can be deduced and applied independently of positive law (the express enacted laws of a state or society). According to natural law theory (called jusnaturalism), all people have inherent rights, conferred not by act of legislation but by " God, nature Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans ar ..., or reason." Natural law theory can also refer to "theories of ethics, Political theories, theories of politics, theories of Civil law (legal system), civil law, and theories of religious morality." In the Western tradition, it was anticipated by the pre-Socratic philosophy, pre-Socratics, for example in their search ...
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Political Science
Political science is the scientific study of politics. It is a social science dealing with systems of governance and power, and the analysis of political activities, political thought, political behavior, and associated constitutions and laws. Modern political science can generally be divided into the three subdisciplines of comparative politics, international relations, and Political philosophy, political theory. Other notable subdisciplines are Public administration, public policy and administration, Domestic politics, domestic politics and government, political economy, and political methodology. Furthermore, political science is related to, and draws upon, the fields of economics, Legal education, law, sociology, history, philosophy, human geography, political anthropology, and psychology. Political science is methodologically diverse and appropriates many methods originating in psychology, social research, and political philosophy. Approaches include positivism, Vers ...
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Marquette University
Marquette University () is a Private university, private Society of Jesus, Jesuit research university in Milwaukee, Wisconsin. Established by the Society of Jesus as Marquette College on August 28, 1881, it was founded by John Henni, John Martin Henni, the first Roman Catholic Archdiocese of Milwaukee, Bishop of the diocese of Milwaukee, Wisconsin. The university was named after 17th-century missionary and explorer Father Jacques Marquette, SJ, with the intention to provide an affordable Catholic education to the area's emerging German American, German immigrant population. Initially an all-male institution, Marquette became the first coeducational Catholic university in the world in 1909 when it began admitting its first female students. Marquette is part of the Association of Jesuit Colleges and Universities. The university is accredited by the Higher Learning Commission and currently has a student body of about 12,000. It is Carnegie Classification of Institutions of Higher E ...
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Eco Nomics
Eco may refer to Ecology or Economics. It may also refer to: Arts and entertainment * ''Eco'' (video game), a 1988 life simulation game * Eco (2018 video game), a 2018 simulation game * '' Emil Chronicle Online'', a 2005 Japanese MMO computer game * English Chamber Orchestra, based in London * Eco, a character in the '' Dragonar Academy'' light novel series * Eco, a fictional substance in the '' Jak and Daxter'' games * Eco, a character on the children's show ''The Shak'' Government and politics * Economic Cooperation Organization, an international organization * Environment and Conservation Organisations of Aotearoa New Zealand * Environmental Commissioner of Ontario * European Communications Office Technology * .eco, a top-level domain for the Internet * eco, the German Internet industry association * ECO (software framework) * Engine cut-off * Engineering change order * Eternally falling object Other uses * Eco (currency), a proposed currency * ECO: A Cove ...
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Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretatio ...
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Economist
An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophical theories to the focused study of minutiae within specific markets, macroeconomic analysis, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, economics computational models, financial economics, mathematical finance and mathematical economics. Professions Economists work in many fields including academia, government and in the private sector, where they may also "study data and statistics in order to spot trends in economic activity, economic confidence levels, and consumer attitudes. They assess this information using advanced methods in statistical analysis, mathematics, computer programming n ...
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Chicago School (economics)
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school. Chicago macroeconomic theory rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. The freshwater–saltwater distinction is largely antiquated today, as the two traditions have heavily incorporated ideas from each other. Specifically, new Keynesian economics was developed as a response to new classical economics, electing to incorporate the insight of rational expectations without giving up the traditional Keynesian focus on imperfect competition and sticky wages. Chicago economists have also left their intellectual influence in other fields, notably in ...
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