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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...

capital, in economics

(Encyclopedia)capital, in economics, the elements of production from which an income is derived, usually defined with the exception of land and labor. As originally used in business, capital denoted interest-bearin...

Dartmoor Prison

(Encyclopedia)Dartmoor Prison, English prison, at Princetown, Devonshire, built (1806–9) to house French captives during the Napoleonic Wars. During the War of 1812 many American prisoners were confined there, an...

Harrison, Frederic

(Encyclopedia)Harrison, Frederic, 1831–1923, English jurist and sociologist. He served on various law commissions and was (1877–89) professor of jurisprudence and international law under the Council of Legal Ed...

Anthony, Kenny

(Encyclopedia)Anthony, Kenny (Kenneth Davis Anthony), 1951–, St. Lucian political leader and lawyer. He taught before becoming an adviser to the St. Lucian ministry of education and culture (1979–80) and St. Lu...

Holt, Harold Edward

(Encyclopedia)Holt, Harold Edward, 1908–67, Australian political leader. After studying law, he entered politics and became associated with Robert Gordon Menzies. He held a number of cabinet offices in Menzies's ...

Great Leap Forward

(Encyclopedia)Great Leap Forward, 1957–60, Chinese economic plan aimed at revitalizing all sectors of the economy. Initiated by Mao Zedong, the plan emphasized decentralized, labor-intensive industrialization, ty...

Jenks, Jeremiah Whipple

(Encyclopedia)Jenks, Jeremiah Whipple, 1856–1929, American economist, b. St. Clair, Mich., grad. Univ. of Michigan, 1878, Ph.D. Univ. of Halle, 1885. He was professor of political economy (1891–1912) at Cornell...

Newlands, Francis Griffith

(Encyclopedia)Newlands, Francis Griffith, 1848–1917, American legislator, b. Natchez, Miss. After practicing law in San Francisco from 1870, he moved (1888) to Nevada. He became well known for his interest in irr...

Ávila Camacho, Manuel

(Encyclopedia)Ávila Camacho, Manuel mänwĕlˈ äˈvēlä kämäˈchō [key], 1897–1955, president of Mexico (1940–46). As a young man, Ávila Camacho joined the revolutionary forces. Later he became brigadier...