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subsidy

(Encyclopedia)subsidy, financial assistance granted by a government or philanthropic foundation to a person or association for the purpose of promoting an enterprise considered beneficial to the public welfare. Sub...

dumping

(Encyclopedia)dumping, selling goods at less than the normal price, usually as exports in international trade. It may be done by a producer, a group of producers, or a nation. Dumping is usually done to drive compe...

Christian socialism

(Encyclopedia)Christian socialism, term used in Great Britain and the United States for a kind of socialism growing out of the clash between Christian ideals and the effects of competitive business. In Europe, it u...

Monnet, Jean

(Encyclopedia)Monnet, Jean zhäNˈ mônāˈ [key], 1888–1979, French economist and public official, proponent of European unity. In World War I, Monnet served on the Inter-Allied Maritime Commission, an internati...

luminescence

(Encyclopedia)luminescence, general term applied to all forms of cool light, i.e., light emitted by sources other than a hot, incandescent body, such as a blackbody radiator. Luminescence is caused by the movement ...

postal service

(Encyclopedia)postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the P...

Flexner, Abraham

(Encyclopedia)Flexner, Abraham, 1866–1959, American educator, b. Louisville, Ky., grad. Johns Hopkins, 1886. After 19 years as a secondary school teacher and principal, he took graduate work at Harvard and at the...

Lapointe, Ernest

(Encyclopedia)Lapointe, Ernest läpwăNtˈ [key], 1876–1941, Canadian political leader, b. Quebec prov. A lawyer, he was from 1904 to 1941 a Liberal member of the Canadian House of Commons. After the death of Wil...

Yeager, Chuck

(Encyclopedia)Yeager, Chuck (Charles Elwood Yeager) yāˈgər [key], 1923–2020, American aviator, b. Myra, W.Va. An ace fighter pilot during World War II, he was a military test pilot during the early postwar yea...

Stone, Harlan Fiske

(Encyclopedia)Stone, Harlan Fiske, 1872–1946, American jurist, 12th chief justice of the United States (1941–46), b. Chesterfield, N.H. A graduate (1898) of Columbia Univ. law school, he was admitted (1899) to ...