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dumping

(Encyclopedia)dumping, selling goods at less than the normal price, usually as exports in international trade. It may be done by a producer, a group of producers, or a nation. Dumping is usually done to drive compe...

Tooke, Thomas

(Encyclopedia)Tooke, Thomas, 1774–1858, British economist, b. St. Petersburg, Russia. A successful businessman, he began to speak on behalf of free trade before Parliamentary committees and was one of the founder...

Bent, William

(Encyclopedia)Bent, William, 1809–69, American frontiersman, b. St. Louis. One of the younger brothers of Charles Bent, he was for many years the manager of Bent's Fort, while Charles Bent lived mainly in Taos. W...

Corinth, city, United States

(Encyclopedia)Corinth, city (2020 pop. 14,622), seat of Alcorn co., extreme NE Miss., near the Tenn. line, in a livestock and farm area; founded c.1855. Manufactures ...

rebate

(Encyclopedia)rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. The ...

Case, Karl Edwin

(Encyclopedia)Case, Karl Edwin, American economist, b. New York City, 1946, Ph.D. Harvard, 1976. As a professor at Wellesley College (1976–2010), Case focused on urban economics, real estate markets, and public f...

Gierek, Edward

(Encyclopedia)Gierek, Edward gyĕˈrĕk [key], 1913–2001, Polish politician, b. Porąbka. His family emigrated to France, where he was raised. He joined the French Communist party in 1931 and was later deported t...

cost of living

(Encyclopedia)cost of living, amount of money needed to buy the goods and services necessary to maintain a specified standard of living. The cost of living is closely tied to rates of inflation and deflation. In es...

Veblen, Thorstein

(Encyclopedia)Veblen, Thorstein thôrˈstīn vĕbˈlən [key], 1857–1929, American economist and social critic, b. Cato Township, Wis. Of Norwegian parentage, he spent his first 17 years in Norwegian-American far...

maroon

(Encyclopedia)maroon, term for a fugitive slave in the 17th and 18th cent. in the West Indies and Guiana, or for a descendant of such slaves. They were called marron by the French and cimarrón by the Spanish. Form...