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Schacht, Hjalmar Horace Greeley

(Encyclopedia)Schacht, Hjalmar Horace Greeley yälˈmär shäkht [key], 1877–1970, German financier. He held executive positions in several major German banks before becoming (1923) commissioner of currency. Infl...

Jaroszewicz, Piotr

(Encyclopedia)Jaroszewicz, Piotr pyôˈtər yärôshĕˈvĭch [key], 1909–92, Polish political leader. A schoolmaster, he lived during World War II in the Soviet Union, where he joined the Polish army in 1943. In...

Lyons, Joseph Aloysius

(Encyclopedia)Lyons, Joseph Aloysius līˈənz [key], 1879–1939, Australian statesman, b. Tasmania. He left schoolteaching in 1909 to enter political life, was a Labour member of the Tasmanian House of Assembly u...

Heckscher, Eli Filip

(Encyclopedia)Heckscher, Eli Filip ĕˈlē fĭlˈĭp hĕkˈshər [key], 1879–1952, Swedish economic historian. Influenced by the neoclassical economics of Alfred Marshall, Heckscher advocated the use of monetary ...

Castelo Branco, Humberto

(Encyclopedia)Castelo Branco, Humberto o͞ombĕrˈto͝o kəshtĕˈlo͝o brängˈko͝o [key], 1900–1967, president of Brazil (1964–67). An army officer, he served as chief of staff of the Brazilian army before p...

central bank

(Encyclopedia)central bank, financial institution designed to regulate and control the money supply of a nation, with the goal of fostering economic growth without inflation. Although central banking systems have v...

Desmarets, Nicolas

(Encyclopedia)Desmarets, Nicolas nēkôläˈ dāmärāˈ [key], 1648–1721, French statesman; the nephew of Jean Baptiste Colbert. He became director of finances in 1703 and succeeded Michel Chamillart as controll...

Craxi, Bettino

(Encyclopedia)Craxi, Bettino bətēˈnō krăˈksē [key], 1934–99, Italian political leader. Craxi joined the Italian Socialist party in 1957, eventually becoming deputy secretary (1970) and general secretary (1...

Franco, Itamar Augusto

(Encyclopedia)Franco, Itamar Augusto, 1930–2011, Brazilian political leader. He began his political career as mayor (1966–74) of his hometown, Juiz de Fora, and was subsequently (1974, 1982) elected to the Braz...

monetarism

(Encyclopedia)monetarism, economic theory that monetary policy, or control of the money supply, is the primary if not sole determinant of a nation's economy. Monetarists believe that management of the money supply ...