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Bagehot, Walter

(Encyclopedia)Bagehot, Walter băjˈət [key], 1826–77, English social scientist. After working in his father's banking firm, he edited (1860–77) the Economist (which had been founded by his father-in-law) and ...

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...

Plantation

(Encyclopedia)Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. Major housing develop...

Fisher, Andrew

(Encyclopedia)Fisher, Andrew, 1862–1928, Australian statesman. He emigrated from Scotland to Australia in 1885, helped organize the Australian Labor party, and served three times as Labor prime minister of Austra...

Paulson, Henry Merritt, Jr.

(Encyclopedia)Paulson, Henry Merritt, Jr., 1946–, U.S. investment banker and government official, b. Palm Beach, Fla., grad. Harvard (M.B.A., 1970). After working as an assistant to the comptroller at the Pentago...

West Allis

(Encyclopedia)West Allis, city (1990 pop. 63,221), Milwaukee co., SE Wis., a residential and industrial suburb of Milwaukee; inc. 1902. It is a banking center, and there is food processing and the manufacture of mo...

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 share in its ea...

De Pauw, Washington Charles

(Encyclopedia)De Pauw, Washington Charles dĭpôˈ [key], 1822–87, American manufacturer, b. Salem, Ind. At first successful at banking, he later established a plate-glass works at New Albany, Ind., which became ...

Bache, Jules Semon

(Encyclopedia)Bache, Jules Semon, 1861–1944, American banker and art collector, b. New York City. He made an immense fortune on Wall St., organized the banking firm of J. S. Bache and Company, and was director of...

George Town

(Encyclopedia)George Town, town (1989 pop. 12,921), capital and administrative center of the Cayman Islands, in the West Indies. A major offshore banking and business center, it is the site of several hundred banks...