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value, in economics

(Encyclopedia)value, in economics, worth of a commodity in terms of other commodities, or in terms of money (see price). Value depends on both desirability and scarcity. The marginal theory of value, pioneered in t...

evolution

(Encyclopedia)CE5 Plant and animal evolution [Modified from Alfred Gunderson in Brooklyn Botanic Garden Leaflets, Ser. 18, No. 4 (1930); used by permission.] evolution, concept that embodies the belief that ex...

quantum chromodynamics

(Encyclopedia)quantum chromodynamics (QCD), quantum field theory that describes the properties of the strong interactions between quarks and between protons and neutrons in the framework of quantum theory. Quarks p...

Heaviside, Oliver

(Encyclopedia)Heaviside, Oliver hĕvˈēsīdˌ [key], 1850–1925, English physicist. He did valuable work in telephony and in the theory of electrical conduction in cables and other areas of electric theory. He su...

Galiani, Ferdinando

(Encyclopedia)Galiani, Ferdinando fārdēnänˈdō gälyäˈnē [key], 1728–87, Italian economist, educated for the church. As a very young man he wrote Della moneta [on money] (1750), which attacked the mercanti...

Milgrom, Paul Robert

(Encyclopedia)Milgrom, Paul Robert, 1948–, American economist, b. Detroit, Ph.D. Stanford, 1979. He has been a professor of economics at Stanford since 1987, and previously taught at Northwestern Univ. (1979–83...

Cannizzaro, Stanislao

(Encyclopedia)Cannizzaro, Stanislao stänēsläˈō kän-nēt-tsäˈrō [key], 1826–1910, Italian chemist. From 1861 he was professor at Palermo and from 1871 at Rome, where he was also a member of the senate and...

compound

(Encyclopedia)compound, in chemistry, a substance composed of atoms of two or more elements in chemical combination, occurring in a fixed, definite proportion and arranged in a fixed, definite structure. A compound...

weathering

(Encyclopedia)weathering, collective term for the processes by which rock at or near the earth's surface is disintegrated and decomposed by the action of atmospheric agents, water, and living things. Some of these ...

Mills, Charles Wade

(Encyclopedia)Mills, Charles W., 1951–2021, philosopher and political theorist, b. London, Ph.D. University of Toronto, 1985. Born in the U.K. and raised in Jamaica...