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Weber, Max, German sociologist

(Encyclopedia)Weber, Max vāˈbər [key], 1864–1920, German sociologist, economist, and political scientist. At various times he taught at Berlin, Freiburg, Munich, and Heidelberg. One of Weber's chief interests...

mutual fund

(Encyclopedia)mutual fund, in finance, investment company or trust that has a very fluid capital stock. It is unique in that at any time it can sell or redeem any of its outstanding shares at net asset value (i.e.,...

commercial revolution

(Encyclopedia)commercial revolution, in European history, a fundamental change in the quantity and scope of commerce. In the later Middle Ages steady economic expansion had seen the rise of towns and the advent of ...

Pedro II

(Encyclopedia)Pedro II (Dom Pedro II de Alcântara), 1825–91, emperor of Brazil (1831–89). At the age of five, he succeeded under a regency when his father, Pedro I, abdicated. He was declared of age in 1840. P...

Plekhanov, Georgi Valentinovich

(Encyclopedia)Plekhanov, Georgi Valentinovich gāôrˈgē vəlyĭntyēˈnəvĭch plyĭkhäˈnəf [key], 1857–1918, Russian revolutionary and social philosopher. He was a leader in introducing Marxist theory to Ru...

Taylor, John, American political philosopher

(Encyclopedia)Taylor, John, 1753–1824, American political philosopher. Known as John Taylor of Caroline, he was born in Virginia, probably in Caroline co., where he later lived at “Hazlewood.” Orphaned at 10,...

socialism

(Encyclopedia)socialism, general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of production and distribution of goods. Because...

Luxemburg, Rosa

(Encyclopedia)Luxemburg, Rosa rōˈzä lo͝okˈsəmbo͝ork [key], 1871–1919, German revolutionary, b. Russian Poland. Her revolutionary activities forced her to flee to Switzerland in 1889, where she became a Mar...

Greenspan, Alan

(Encyclopedia)Greenspan, Alan, 1926–, American economist, chairman of the Federal Reserve Board (1987–2006), b. New York City. Influenced by the philosophy of Ayn Rand, Greenspan is a strong supporter of the fr...

Friedman, Milton

(Encyclopedia)Friedman, Milton frēdˈmən [key], 1912–2006, American economist, b. New York City, Ph.D. Columbia, 1946. Friedman was influential in helping to revive the monetarist school of economic thought (se...

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