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Friedman, Milton

(Encyclopedia) Friedman, MiltonFriedman, Miltonfrēdˈmən [key], 1912–2006, American economist, b. New York City, Ph.D. Columbia, 1946. Friedman was influential in helping to revive the monetarist…

speculation

(Encyclopedia) speculation, practice of engaging in business in order to make quick profits from fluctuations in prices, as opposed to the practice of investing in a productive enterprise in order to…

The President's Cabinet

Members of the President's Cabinet act as his official advisory group and head executive departments. The President appoints members of his cabinet and the Senate must confirm them. Here is a list…

Sam Walton

retailerBorn: 3/29/1918Birthplace: Kingfisher, Okla. After graduating from the University of Missouri, he began his career as a retail merchant when he opened the first of several franchises of the…

Susan A. DAVIS, Congress, CA (1944)

DAVIS, Susan A., a Representative from California; born in Cambridge, Middlesex County, Mass., April 13, 1944; B.A., University of California, Berkeley, Calif., 1965; M.S. W., University of North…

Joanna Cassidy

(Joanna Virginia Caskey)actressBorn: 8/2/1944Birthplace: Camden, New Jersey A film and television actress, she has appeared in numerous movies including The Stepford Wives (1975), Stay Hungry (…

Selected Biographies: R

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competition, in economics

(Encyclopedia) competition, in economics, rivalry in supplying or acquiring an economic service or good. Sellers compete with other sellers, and buyers with other buyers. In its perfect form, there…

Maskin, Eric Stark

(Encyclopedia) Maskin, Eric Stark, 1950–, American economist, b. New York City, Ph.D. Harvard, 1976. He was on the faculty at the Massachusetts Institute of Technology (1977–84) and Harvard (1985–…

Schally, Andrew V.

(Encyclopedia) Schally, Andrew V., 1926–, American endocrinologist, b. Wilno, Poland (now Vilnius, Lithuania), as Andrzej Viktor Schally, grad. McGill Univ. (Ph.D., 1957). He spent most of his career…