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Organization of Petroleum Exporting Countries

(Encyclopedia)Organization of Petroleum Exporting Countries (OPEC), multinational organization (est. 1960, formally constituted 1961) that coordinates petroleum policies and economic aid among oil-producing nations...

McCulloch v. Maryland

(Encyclopedia)McCulloch v. Maryland, case decided in 1819 by the U.S. Supreme Court, dealing specifically with the constitutionality of a Congress-chartered corporation, and more generally with the dispersion of po...

living wage

(Encyclopedia)living wage, the hourly wage that, at a minimum, supports a standard of living above the poverty level in a given locality. It differs from the minimum wage, which often provides a less than adequate ...

Draghi, Mario

(Encyclopedia)Draghi, Mario mäˈēō drägˈē [key], 1947–, Italian economist and government and international ...

Fernández de Kirchner, Cristina Elisabet

(Encyclopedia)Fernández de Kirchner, Cristina Elisabet krēstēˈnä ālēsäbātˈ fārnänˈdās dā kērchˈnâr [key], 1953–, Argentinian politician. A Peronist student activist in the 1970s, she received (1...

Fessenden, William Pitt

(Encyclopedia)Fessenden, William Pitt, 1806–69, American politician, b. Boscawen, N.H. Admitted (1827) to the bar, he began practice in Portland in 1829 and by 1835 was regarded as one of the leading lawyers of M...

gross national product

(Encyclopedia)gross national product (GNP), in economics, a quantitative measure of a nation's total economic activity, generally assessed yearly or quarterly. In estimating the GNP, only the final value of a produ...

Giscard d'Estaing, Valéry

(Encyclopedia)Giscard d'Estaing, Valéry (Valéry Marie René Georges Giscard d'Estaing) välārēˈ zhēskärˈ dĕstăNˈ [key], 1926–2020, French political leader, president of France (1974–81); b. French-oc...

García Pérez, Alan Gabriel Ludwig

(Encyclopedia)García Pérez, Alan Gabriel Ludwig, 1949–2019, Peruvian political leader, president of Peru (1985–90, 2006–11). A lawyer and member of APRA, García was a charismatic speaker who rose rapidly i...

Yellen, Janet Louise

(Encyclopedia)Yellen, Janet Louise yĕlˈən [key], 1946–, U.S. economist and government official, b. Brooklyn, N.Y., B.A. Brown (1967), Ph.D. Yale (1971). Yellen taught economics (1971–76) at Harvard and subse...