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Gournay, Vincent de

(Encyclopedia)Gournay, Vincent de văNsäNˈ də go͞ornāˈ [key], 1712–59, French economist, precursor of the physiocrats and of Adam Smith. A wealthy merchant, he was in government service as intendant of comm...

Manchester school

(Encyclopedia)Manchester school, group of English political economists of the 19th cent., so called because they met at Manchester. Their most outstanding leaders were Richard Cobden and John Bright. Their chief te...

Carey, Henry Charles

(Encyclopedia)Carey, Henry Charles, 1793–1879, American economist, b. Philadelphia; son of Mathew Carey. In 1835 he retired from publishing, where he had done notable work, to devote himself to economics. His Pri...

economic planning

(Encyclopedia)economic planning, control and direction of economic activity by a central public authority. In its modern usage, economic planning tends to be pitted against the laissez-faire philosophy which develo...

Smith, Adam

(Encyclopedia)Smith, Adam, 1723–90, Scottish economist, educated at Glasgow and Oxford. He became professor of moral philosophy at the Univ. of Glasgow in 1752, and while teaching there wrote his Theory of Moral ...

Liberal party, former British political party

(Encyclopedia)Liberal party, former British political party, the dominant political party in Great Britain for much of the period from the mid-1800s to World War I. By 1914 the Liberal government had passed subst...

Godkin, Edwin Lawrence

(Encyclopedia)Godkin, Edwin Lawrence gŏdˈkĭn [key], 1831–1902, American editor, b. Moyne, Ireland, of English parentage. His idealism found expression in his History of Hungary and the Magyars (1853) and won h...

Sumner, William Graham

(Encyclopedia)Sumner, William Graham, 1840–1910, American sociologist and political economist, b. Paterson, N.J., grad. Yale, 1863, and studied in Germany, in Switzerland, and at Oxford. He was ordained an Episco...

land use

(Encyclopedia)land use, exploitation of land for agricultural, industrial, residential, recreational, or other purposes. Because the United States historically has a laissez-faire attitude toward land use, the land...

Pius XI

(Encyclopedia)Pius XI, 1857–1939, pope (1922–39), an Italian named Achille Ratti, b. Desio, near Milan; successor of Benedict XV. Pius's pontificate was marked by great diplomatic activity and by many importa...

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