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Robert W. Clower
Robert Wayne Clower (February 13, 1926 – May 2, 2011) was an American economist. He is credited with having largely created the field of stock-flow analysis in economics and with seminal works on the micro-foundations of monetary theory and macroeconomics. Major contributions Clower is credited with having largely created the field of stock-flow analysis in economics. In seminal papers that advanced strong methodological positions and set an agenda for subsequent research, Clower formalized and reformulated: * Keynesian theory as disequilibrium analysis in contrast to standard general equilibrium theory, thereby generalizing (or rejecting) Walras' law and standard price theory. To this end, he proposed the 'dual-decision hypothesis' in which realized transaction quantities affect adjustments in output at other than full-employment equilibrium but not at full-employment equilibrium. This, he argued, was implicit in Keynes's work to explain how full-employment equilibrium ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economist
An economist is a professional and practitioner in the social sciences, 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 philosophy, philosophical theory, theories to the focused study of minutiae within specific Market (economics), markets, macroeconomics, macroeconomic analysis, microeconomics, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, Computational economics, economics computational models, financial economics, regulatory impact analysis 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barter Economy
In trade, barter (derived from ''bareter'') is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. Economists usually distinguish barter from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. Barter usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, barter usually exists parallel to monetary systems only to a very limited extent. Market actors use barter as a replacement for money as the method of exchange in times of monetary crisis, such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. No ethnographic studies have shown that any present or past society has used barter without any other medium of exchange or measurement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Degrees Of The University Of Oxford
The system of academic degrees at the University of Oxford originates in the Middle Ages and has evolved since the university's founding in 1096. Almost all undergraduate bachelor's degrees at Oxford are titled Bachelor of Arts (BA), apart from the Bachelor of Theology (BTh) and Bachelor of Fine Arts (BFA). At the same time, the university offers two bachelor's degrees as postgraduate courses – the Bachelor of Civil Law (equivalent to a Master of Laws) and the Bachelor of Philosophy (equivalent to a master's degree in philosophy). Previously, other postgraduate courses awarded bachelor's degrees, such as the Bachelor of Divinity, but the majority of such courses have since renamed their awards to master's degrees. Seven years after matriculation, BA and BFA graduates may apply to the title of Master of Arts, which is an academic rank at the university and not a postgraduate degree. Integrated master's programmes, comprising three years of undergraduate study and one year of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Hicks
Sir John Richard Hicks (8 April 1904 – 20 May 1989) was a British economist. He is considered one of the most important and influential economists of the twentieth century. The most familiar of his many contributions in the field of economics were his statement of consumer demand theory in microeconomics, and the IS–LM model (1937), which summarised a Keynesian view of macroeconomics. His book '' Value and Capital'' (1939) significantly extended general-equilibrium and value theory. The compensated demand function is named the Hicksian demand function in memory of him. In 1972 he received the Nobel Memorial Prize in Economic Sciences (jointly) for his pioneering contributions to general equilibrium theory and welfare theory. Early life Hicks was born in 1904 in Warwick, England, and was the son of Edward Hicks, editor and part proprietor of the Warwick and Leamington Spa Courier newspaper, and Dorothy Catherine, née Stephens, daughter of a non-conformist minister ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oxford University
The University of Oxford is a collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the second-oldest continuously operating university globally. It expanded rapidly from 1167, when Henry II prohibited English students from attending the University of Paris. When disputes erupted between students and the Oxford townspeople, some Oxford academics fled northeast to Cambridge, where they established the University of Cambridge in 1209. The two English ancient universities share many common features and are jointly referred to as ''Oxbridge''. The University of Oxford comprises 43 constituent colleges, consisting of 36 semi-autonomous colleges, four permanent private halls and three societies (colleges that are departments of the university, without their own royal charter). and a range of academic departments that are organised into four divisions. Each college ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhodes Scholar
The Rhodes Scholarship is an international Postgraduate education, postgraduate award for students to study at the University of Oxford in Oxford, United Kingdom. The scholarship is open to people from all backgrounds around the world. Established in 1902, it is one of the oldest graduate scholarships in the world and one of the most prestigious international scholarship programs. Its founder, Cecil Rhodes, Cecil John Rhodes, wanted to promote unity among English-speaking nations and instill a sense of civic-minded leadership and moral fortitude in future leaders, irrespective of their chosen career paths. The scholarship committee selects candidates based on a combination of literary and academic achievements, athletic involvement, character traits like truth and courage, and leadership potential, originally assessed on a 200-point scale. In 2018, the criteria were revised to emphasize using one's talents and caring for others. The American Rhodes Scholarship is highly com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington State College
Washington State University (WSU, or colloquially Wazzu) is a public land-grant research university in Pullman, Washington, United States. Founded in 1890, WSU is also one of the oldest land-grant universities in the American West. With an undergraduate enrollment of 24,278 and a total enrollment of 28,581, it is the second largest institution of higher education in Washington state behind the University of Washington. It is classified among "R1: Doctoral Universities – Very high research activity". The WSU Pullman campus stands on a hill and is characterized by open spaces and a red brick and basalt material palette—materials originally found on site. The university sits within the rolling topography of the Palouse in rural eastern Washington and remains closely connected to the town and the region. The university also operates campuses across Washington at WSU Spokane, WSU Tri-Cities, and WSU Vancouver, all founded in 1989. In 2012, WSU launched an Internet-based Glo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pullman, Washington
Pullman is the most populous city in Whitman County, located in southeastern Washington within the Palouse region of the Pacific Northwest. The population was 32,901 at the 2020 census, and estimated to be 32,508 in 2022. Originally founded as Three Forks, the city was renamed after industrialist George Pullman in 1884. Pullman is noted as a fertile agricultural area known for its many miles of rolling hills and the production of wheat and legumes. It is home to Washington State University, a public research land-grant university, and the international headquarters of Schweitzer Engineering Laboratories. Pullman is from Moscow, Idaho, home to the University of Idaho, and is served by the Pullman–Moscow Regional Airport. History In 1876, about five years after European-American settlers established Whitman County on November 29, 1871, Bolin Farr arrived in Pullman. He camped at the confluence of Dry Flat Creek and Missouri Flat Creek on the bank of the Palouse River. Wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axel Leijonhufvud
Axel Leijonhufvud (6 September 1933 – 2 May 2022) of the original. was a Swedish and professor at the (UCLA), and professor at the University of Trento, |
Southern Economic Association
The Southern Economic Association (SEA) is a regional-based scholarly economic organization based at Texas Tech University Texas Tech University (Texas Tech, Tech, or TTU) is a public university, public research university in Lubbock, Texas, United States. Established on February 10, 1923, and called Texas Technological College until 1969, it is the flagship instit .... The SEA was founded in 1928. It is one of five general professional economic associations. For the SEA member characteristics (e.g. political affiliation, policy opinions) in relation to the other major economic associations see Klein et al. From its founding, the purpose of the Association has been to further the education of scholars and the public in economic affairs. Toward this end, it seeks to stimulate interest in and disseminate results of recent research in theory and applied economics. The membership of the SEA includes a diverse set of scholars, with a great range in their substantive interests and in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Laidler
David Ernest William Laidler (born 12 August 1938, North Shields, England) is an English/Canadian economist who has been one of the foremost scholars of monetarism. He published major economics journal articles on the topic in the late 1960s and early 1970s. His book, ''The Demand for Money'', was published in four editions from 1969 through 1993 (with slightly altered subtitles), initially setting forth the stability of the relationship between income and the demand for money and later taking into consideration the effects of legal, technological, and institutional changes on the demand for money. The book has been translated into French, Spanish, Italian, Japanese, and Chinese. His continued work on the demand for money through the 1990s and into the 21st century (with William B. P. Robson) led to his receiving the Donner Prize in 2004 for ''Two Percent Target: Canadian Monetary Policy Since 1991'', published by the C.D. Howe Institute, with which Laidler maintains a clos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Randall Wright
Randall D. Wright (born August 4, 1956) is a Canadian academic macroeconomist who advanced the fields of monetary economics and labor economics through his role in the development of matching theory. Biography Wright obtained a B.A. in Economics at the University of Manitoba in 1979 and a Ph.D. in Economics at the University of Minnesota in 1986. He was awarded an honorary M.A. by the University of Pennsylvania in 1990. His first position was as an assistant professor at Cornell from 1984 to 1987. He then moved to the University of Pennsylvania, where he became a full professor in 1994, later becoming the James Joo-Jin Kim Professor of Economics. In 2009, Wright accepted a position in the Economics Department at University of Wisconsin–Madison. He is at the same time the Ray B. Zemon Chair in Liquid Assets in the Wisconsin School of Business' Department of Finance, Investment and Banking. In addition to his academic position, Wright is a research associate at the Federal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
