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coin

(Encyclopedia) coin, piece of metal, usually a disk of gold, silver, nickel, bronze, copper, aluminum, or a combination of such metals, stamped by authority of a government as a guarantee of its real…

Friedman, Milton

(Encyclopedia) Friedman, MiltonFriedman, Miltonfrēdˈmən [key], 1912–2006, American economist, b. New York City, Ph.D. Columbia, 1946. Friedman was influential in helping to revive the monetarist…

Law, John

(Encyclopedia) Law, John, 1671–1729, Scottish financier in France, b. Edinburgh. After killing a man in a duel (1694) he fled to Amsterdam, where he studied banking. Returning to Scotland (1700), he…

Petrobras scandal

(Encyclopedia) Petrobras scandal, Brazilian corruption scandal involving executives at the government-controlled oil company, Petróleo Brasileiro S.A. (Petrobras), prominent politicians, and…

Charles I, king of England, Scotland, and Ireland

(Encyclopedia) Charles I, 1600–1649, king of England, Scotland, and Ireland (1625–49), second son of James I and Anne of Denmark. There were no decisive victories in the civil war until Charles was…

Brewer's: Dead Water

The eddy-water closing in with the ship's stern, as she passes through the water. It shifts its place, but is like taking money from one pocket and putting it into another. Source:…

Crabbe, George

(Encyclopedia) Crabbe, George, 1754–1832, English poet, b. Aldeburgh, Suffolk. After practicing medicine for a short time, he went to London in 1780, hoping to earn money by his writing. He was…

Maundy Thursday

(Encyclopedia) Maundy ThursdayMaundy Thursdaymônˈdē [key] [Lat. mandatum, word in the ceremony], traditional English name for Thursday of Holy Week, so named because it is considered the anniversary…

Martin, William McChesney, Jr.

(Encyclopedia) Martin, William McChesney, Jr., 1906–98, U.S. banker, chairman of the Board of Governors of the Federal Reserve System (1951–70), b. St. Louis. After an early career as a stockbroker,…

Mitchell, Wesley Clair

(Encyclopedia) Mitchell, Wesley Clair, 1874–1948, American economist, b. Rushville, Ill. He received his Ph.D. (1899) from the Univ. of Chicago, where he studied under Thorstein Veblen and John Dewey…