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Hayek, Friedrich August von

(Encyclopedia)Hayek, Friedrich August von frēˈdrĭkh ougo͝ostˈ fôn hīˈək [key], 1899–1992, British economist, b. Vienna. He was raised and educated in Austria and taught at the London School of Economics ...

Kakutani, Shizuo

(Encyclopedia)Kakutani, Shizuo, 1911–2004, Japanese mathematician, b. Osaka, Japan, grad. Tohoko Univ, Ph.D. Princeton, 1941. Kakutani repatriated to Japan during World War II, but returned to Princeton in 1948 a...

Cole, George Douglas Howard

(Encyclopedia)Cole, George Douglas Howard, 1889–1959, English economist, labor historian, and socialist. Educated at Oxford, he was long associated with the university and held a professorship from 1944 to 1957. ...

profit

(Encyclopedia)profit, in economics, return on capital, also called earnings, minus the costs of maintaining land, labor, and capital. It is also known as net income. Economic theorists generally make a distinction ...

Santos Calderón, Juan Manuel

(Encyclopedia)Santos Calderón, Juan Manuel, 1951–, Colombian government official and political leader. From a politically influential family, he studied at the Univ. of Kansas, London School of Economics, Harvar...

Tsai Ing-wen

(Encyclopedia)Tsai Ing-wen tsī ēng-wŭn [key], 1956–, Taiwanese political leader, president of Taiwan (2016–), b. Pingtung, grad. National Taiwan Univ. (LL.B., 1978), Cornell (LL.M., 1980), London School of E...

Krugman, Paul

(Encyclopedia)Krugman, Paul kro͞ogˈmən [key], 1953–, American economist, b. Long Island, N.Y., grad. Yale (B.A., 1974), Massachusetts Institute of Technology (Ph.D., 1977). A founder of the “new trade theory...

managed health care

(Encyclopedia)managed health care, system of health-care delivery that aims to control costs by assigning set fees for services, monitoring the need for procedures such as tests and surgical operations, and stressi...

Namier, Sir Lewis Bernstein

(Encyclopedia)Namier, Sir Lewis Bernstein nāmˈyər [key], 1888–1960, English historian, b. Poland. He attended the London School of Economics and Oxford and became professor at the Univ. of Manchester in 1931, ...

Hansen, Lars Peter

(Encyclopedia)Hansen, Lars Peter, 1952–, U.S. economist, b. Champaign, Ill., Ph.D. Univ. of Minnesota, 1978. After teaching at Carnegie-Mellon Univ., Pittsburgh (1978–81), he joined the faculty of the Univ. of ...

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