text
stringlengths
11
1.65k
source
stringlengths
38
44
Public choice This work assumes a group of individuals who aim to form a government, then it focuses on the problem of hiring the agents required to carry out government functions agreed upon by the members. Another major sub-field is the study of bureaucracy. The usual model depicts the top bureaucrats as being chosen...
https://en.wikipedia.org/wiki?curid=51256
Public choice According to Brennan and Lomasky, the paradox of voting can be resolved by differentiating between expressive and instrumental interests. This argument has led some public choice scholars to claim that politics is plagued by irrationality. In articles published in the "Econ Journal Watch", economist Bryan...
https://en.wikipedia.org/wiki?curid=51256
Public choice Caplan defines rationality mainly in terms of mainstream price theory, pointing out that mainstream economists tend to oppose protectionism and government regulation more than the general population, and that more educated people are closer to economists on this score, even after controlling for confoundi...
https://en.wikipedia.org/wiki?curid=51256
Public choice It may make them feel powerful and important. It can also benefit them financially by opening the door to future wealth as lobbyists. The project may be of interest to the politician's local constituency, increasing district votes or campaign contributions. The politician pays little or no cost to gain th...
https://en.wikipedia.org/wiki?curid=51256
Public choice In his article on interest groups Gary Becker identified this countervailing force as being the deadweight loss from predation. His views capped what has come to be known as the Chicago school of political economy and it has come in sharp conflict with the so-called Virginia faction of public choice due t...
https://en.wikipedia.org/wiki?curid=51256
Public choice Even if the public were able to evaluate policy proposals effectively, they would find it infeasible to engage in collective action in order to defend their diffuse interest. Therefore, theorists expect that numerous special interests will be able to successfully lobby for various inefficient policies. In...
https://en.wikipedia.org/wiki?curid=51256
Public choice However, the obvious pressures it exerts on legislators, executives, bureaucrats, and even judges are factors that public choice theory must account for in its analysis of collective decision-making rules and institutions. Moreover, the members of a collective who are planning a government would be wise t...
https://en.wikipedia.org/wiki?curid=51256
Public choice Buchanan in 1986, reportedly summarized the public choice view of politicians by saying, "embodies the homely but important truth that politicians are, after all, no less selfish than the rest of us." Several notable public choice scholars have been awarded the Nobel Prize in Economics, including James M....
https://en.wikipedia.org/wiki?curid=51256
Public choice For example, from the viewpoint of rational choice theory, the expected gains of voting depend on (1) the benefit to the individual if their candidate wins, and (2) the probability that the individual's vote will determine the election's outcome. However, even in a tight election the probability that an i...
https://en.wikipedia.org/wiki?curid=51256
Mathematical optimization (alternatively spelt "optimisation") or mathematical programming is the selection of a best element (with regard to some criterion) from some set of available alternatives. Optimization problems of sorts arise in all quantitative disciplines from computer science and engineering to operations ...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization Problems formulated using this technique in the fields of physics may refer to the technique as "energy minimization", speaking of the value of the function as representing the energy of the system being modeled. In machine learning, it is always necessary to continuously evaluate the quality ...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization While a local minimum is at least as good as any nearby elements, a global minimum is at least as good as every feasible element. Generally, unless the objective function is convex in a minimization problem, there may be several local minima. In a convex problem, if there is a local minimum th...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization In this case, there is no such maximum as the objective function is unbounded, so the answer is "infinity" or "undefined". Consider the following notation: or equivalently This represents the value (or values) of the argument in the interval that minimizes (or minimize) the objective function ...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization ) Dantzig published the Simplex algorithm in 1947, and John von Neumann developed the theory of duality in the same year. Other notable researchers in mathematical optimization include the following: In a number of subfields, the techniques are designed primarily for optimization in dynamic co...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization In some cases, the missing information can be derived by interactive sessions with the decision maker. Multi-objective optimization problems have been generalized further into vector optimization problems where the (partial) ordering is no longer given by the Pareto ordering. Optimization prob...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization One way to obtain such a point is to relax the feasibility conditions using a slack variable; with enough slack, any starting point is feasible. Then, minimize that slack variable until the slack is null or negative. The extreme value theorem of Karl Weierstrass states that a continuous real-v...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization When the objective function is twice differentiable, these cases can be distinguished by checking the second derivative or the matrix of second derivatives (called the Hessian matrix) in unconstrained problems, or the matrix of second derivatives of the objective function and the constraints c...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization Further, critical points can be classified using the definiteness of the Hessian matrix: If the Hessian is "positive" definite at a critical point, then the point is a local minimum; if the Hessian matrix is negative definite, then the point is a local maximum; finally, if indefinite, then the...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization One major criterion for optimizers is just the number of required function evaluations as this often is already a large computational effort, usually much more effort than within the optimizer itself, which mainly has to operate over the N variables. The derivatives provide detailed informatio...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization Usually, a global optimizer is much slower than advanced local optimizers (such as BFGS), so often an efficient global optimizer can be constructed by starting the local optimizer from different starting points. Besides (finitely terminating) algorithms and (convergent) iterative methods, ther...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization This approach may be applied in cosmology and astrophysics. Economics is closely enough linked to optimization of agents that an influential definition relatedly describes economics "qua" science as the "study of human behavior as a relationship between ends and scarce means" with alternative ...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization A crucial distinction is between deterministic and stochastic models. Macroeconomists build dynamic stochastic general equilibrium (DSGE) models that describe the dynamics of the whole economy as the result of the interdependent optimizing decisions of workers, consumers, investors, and govern...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization Increasingly, operations research uses stochastic programming to model dynamic decisions that adapt to events; such problems can be solved with large-scale optimization and stochastic optimization methods. is used in much modern controller design. High-level controllers such as model predictiv...
https://en.wikipedia.org/wiki?curid=52033
Mathematical optimization Nonlinear programming has been used to analyze energy metabolism and has been applied to metabolic engineering and parameter estimation in biochemical pathways.
https://en.wikipedia.org/wiki?curid=52033
Universal Product Code The (UPC) (redundantly: UPC code) is a barcode symbology that is widely used in the United States, Canada, Europe, Australia, New Zealand, and other countries for tracking trade items in stores. UPC (technically refers to UPC-A) consists of 12 numeric digits that are uniquely assigned to each tra...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code In 1973, a group of trade associations from the grocery industry formed the Uniform Product Code Council (UPCC) which, with the help of consultants Larry Russell and Tom Wilson of McKinsey & Company, defined the numerical format that formed the basis of the Uniform Product Code. Technology firms ...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code In late 1970, Heard Baumeister provided equations to calculate characters per inch achievable by two IBM bar codes, Delta A and Delta B. In February, 1971, Baumeister joined Laurer. In mid 1971, William "Bill" Crouse invented a new bar code called Delta C. It achieved four times the characters pe...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code In the spring of 1972, Baumeister announced a breakthrough. He proposed a label with bars that were slightly longer than the distance across all bars that needed to be read in a single pass. This label could be scanned with a simple "X" scanner only slightly more complex than the straight line la...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code The guard bars also provided identification for half label discrimination and training bars for the scanner threshold circuits. Laurer had a complete label definition and proceeded to write his proposal. Previously Crouse had an idea for a simple wand worn like a ring and bracelet. He decided to ...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code It was decided that the two halves of the label should have a different set of numeric characters. The character set Laurer derived from the Delta C patent used seven printable increments or units where two bars and two spaces would be printed. This yielded twenty combinations of characters, but ...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code David Savir, a mathematician, was given the task of proving the symbol could be printed and would meet the reliability requirements, and was most likely unaware of Baumeister's equations. He and Laurer added two more digits to the ten for error correction and detection. Then they decided to add o...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code The following table shows the workable labels, available in the early 1970s, with their sizes. This is assuming a bull's eye with the same information and reliable readability. Each UPC-A barcode consists of a scannable strip of black bars and white spaces above a sequence of 12 numerical digits....
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code The width of each bar (space) is determined by multiplying the x-dimension and the module width (1, 2, 3, or 4 units) of each bar (space). Since the guard patterns each include two bars, and each of the 12 digits of the UPC-A barcode consists of two bars and two spaces, all UPC-A barcodes consist...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code The total width for a digit is always 7 modules; consequently, UPC-A 12-digit number requires a total of 7×12 = 84 modules. A complete UPC-A is 95 modules wide: 84 modules for the digits (L and R sections) combined with 11 modules for the S (start), M (middle), and E (end) guard patterns. The S (...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code When confronted with an upside-down symbol, the scanner may simply ignore it (many scanners alternate left-to-right and right-to-left scans, so they will read the symbol on a subsequent pass) or recognize the digits and put them in the right order. There is another property in the digit encoding....
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code The check digit equation is selected to have reasonable error detection properties (see Luhn algorithm). UPC in its most common usage technically refers to UPC-A. Other variants of the UPC exist: As the UPC becomes technologically obsolete, it is expected that UPC-B and UPC-C will disappear from ...
https://en.wikipedia.org/wiki?curid=53700
Universal Product Code With the manufacturer code digits represented by X's, and product code digits by N's, then: For example, a UPC-E 654321 may correspond to the UPC-A 065100004327 or 165100004324, depending on the UPC-E parity pattern of the encoded digits, as described next: UPC-E 654321 with "EOEOEO" parity patte...
https://en.wikipedia.org/wiki?curid=53700
IS–LM model The IS–LM model, or Hicks–Hansen model, is a two-dimensional macroeconomic tool that shows the relationship between interest rates and assets market (also known as real output in goods and services market plus money market). The intersection of the "investment–saving" (IS) and "liquidity preference–money su...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model Hicks, and James Meade all presented papers describing mathematical models attempting to summarize John Maynard Keynes' "General Theory of Employment, Interest, and Money". Hicks, who had seen a draft of Harrod's paper, invented the (originally using the abbreviation "LL", not "LM"). He later presented it i...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model As such, it is included in most undergraduate macroeconomics textbooks, but omitted from most graduate texts due to the current dominance of real business cycle and new Keynesian theories. The model is presented as a graph of two intersecting lines in the first quadrant. The horizontal axis represents natio...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model ) The IS curve is drawn as downward-sloping with the interest rate "r" on the vertical axis and GDP (gross domestic product: "Y") on the horizontal axis. The initials IS stand for "Investment and Saving equilibrium" but since 1937 have been used to represent the locus of all equilibria where total spending ...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model Income is at the equilibrium level for a given interest rate when the saving that consumers and other economic participants choose to do out of this income equals investment (or, equivalently, when "leakages" from the circular flow equal "injections"). The multiplier effect of an increase in fixed investmen...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model The LM function is the set of equilibrium points between the liquidity preference (or demand for money) function and the money supply function (as determined by banks and central banks). Each point on the LM curve reflects a particular equilibrium situation in the money market equilibrium diagram, based on ...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model Mathematically, the LM curve is defined by the equation formula_4, where the supply of money is represented as the real amount "M"/"P" (as opposed to the nominal amount "M"), with "P" representing the price level, and "L" being the real demand for money, which is some function of the interest rate and the l...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model This raises the equilibrium interest rate (from i to i) and national income (from Y to Y), as shown in the graph above. The equilibrium level of national income in the IS–LM diagram is referred to as aggregate demand. Keynesians argue spending may actually "crowd in" (encourage) private fixed investment via...
https://en.wikipedia.org/wiki?curid=54057
IS–LM model The also allows for the role of monetary policy. If the money supply is increased, that shifts the LM curve downward or to the right, lowering interest rates and raising equilibrium national income. Further, exogenous decreases in liquidity preference, perhaps due to improved transactions technologies, lead...
https://en.wikipedia.org/wiki?curid=54057
Tariff A tariff is a tax on imports or exports between sovereign states. It is a form of regulation of foreign trade and a policy that taxes foreign products to encourage or safeguard domestic industry. Traditionally, states have used them as a source of income. Now, they are among the most widely used instruments of p...
https://en.wikipedia.org/wiki?curid=55551
Tariff However, liberalization of trade can cause significant and unequally distributed losses, and the economic dislocation of workers in import-competing sectors. The origin of tariff is the Italian word "tariffa" translated as "list of prices, book of rates", which is likely derived from the Arabic تعريف "(ta'rif)" ...
https://en.wikipedia.org/wiki?curid=55551
Tariff On 15 June 1903, the Secretary of State for Foreign Affairs, the Marquess of Lansdowne made a speech in the House of Lords defending fiscal retaliation against countries with high tariffs and whose governments subsidised products for sale in Britain (known as 'bounty-fed products', also called dumping). The reta...
https://en.wikipedia.org/wiki?curid=55551
Tariff The policy from 1860 to 1933 was usually high protective tariffs (apart from 1913–21) After 1890, the tariff on wool did affect an important industry, but otherwise the tariffs were designed to keep American wages high. The conservative Republican tradition, typified by William McKinley was a high tariff, while ...
https://en.wikipedia.org/wiki?curid=55551
Tariff A boom would generate enough revenue for tariffs to fall, and when the bust came pressure would build to raise them again. By the time that happened, the economy would be recovering, giving the impression that tariff cuts caused the crash and the reverse generated the recovery. Mr Irwin also methodically debunks...
https://en.wikipedia.org/wiki?curid=55551
Tariff In 1847, he declared: "Give us a protective tariff, and we will have the greatest nation on earth". Once elected, Lincoln raised industrial tariffs and after the war, tariffs remained at or above wartime levels. High tariffs were a policy designed to encourage rapid industrialisation and protect the high America...
https://en.wikipedia.org/wiki?curid=55551
Tariff Irwin wrote: "most economists, both liberal and conservative, doubt that Smoot–Hawley played much of a role in the subsequent contraction". Most economists hold the opinion that the US Act did not greatly worsen the great depression: Peter Temin, an economist at the Massachusetts Institute of Technology, explain...
https://en.wikipedia.org/wiki?curid=55551
Tariff Thus, the damage done could not possibly have exceeded 1 or 2 percent of world GDP — nowhere near the 17 percent falloff seen during the Great Depression... The inescapable conclusion: contrary to public perception, Smoot-Hawley did not cause, or even significantly deepen, the Great Depression," Nobel laureate M...
https://en.wikipedia.org/wiki?curid=55551
Tariff Russia has been able to reduce its imports and launch an emerging and increasingly successful domestic production in almost all industrial sectors. The most important results have been achieved in the agriculture and food processing, automotive, chemical, pharmaceutical, aviation and naval sectors. From 2014, cu...
https://en.wikipedia.org/wiki?curid=55551
Tariff Armenia, a country located in Western Asia, established its custom service on January 4, 1992, as directed by the Armenian President. On January 2, 2015, Armenia was given access to the Eurasian Customs Union, which is led by the Russian Federation and the EAEU; this resulted in an increased number of import tar...
https://en.wikipedia.org/wiki?curid=55551
Tariff This code was developed by the World Customs Organization based in Brussels. A Harmonized System code may be from four to ten digits. For example, 17.03 is the HS code for "molasses from the extraction or refining of sugar". However, within 17.03, the number 17.03.90 stands for "Molasses (Excluding Cane Molasses...
https://en.wikipedia.org/wiki?curid=55551
Tariff In a similar vein, a trader can evade customs duty by understatement of quantity or volume of the product of trade. A trader may also evade duty by misrepresenting traded goods, categorizing goods as items which attract lower customs duties. The evasion of customs duty may take place with or without the collabor...
https://en.wikipedia.org/wiki?curid=55551
Tariff Moreover, ERP software offers an option for customs warehouses to save duty and VAT payments. In addition, duty deferment and suspension can also be taken into consideration. Neoclassical economic theorists tend to view tariffs as distortions to the free market. Typical analyses find that tariffs tend to benefit...
https://en.wikipedia.org/wiki?curid=55551
Tariff That tariffs overall reduce welfare is not a controversial topic among economists. For example, the University of Chicago surveyed about 40 leading economists in March 2018 asking whether "Imposing new U.S. tariffs on steel and aluminum will improve Americans'welfare." About two-thirds strongly disagreed with th...
https://en.wikipedia.org/wiki?curid=55551
Tariff However, imposing an optimal tariff will often lead to the foreign country increasing their tariffs as well, leading to a loss of welfare in both countries. When countries impose tariffs on each other, they will reach a position off the contract curve, meaning that both countries' welfare could be increased by r...
https://en.wikipedia.org/wiki?curid=55551
Tariff Postulated in the United States by Alexander Hamilton at the end of the 18th century, by Friedrich List in his 1841 book and by John Stuart Mill, the argument made in favour of this category of tariffs was this: should a country wish to develop a new economic activity on its soil, it would have to temporarily pr...
https://en.wikipedia.org/wiki?curid=55551
Tariff As a result, they benefit from greater freedom of manoeuvre and greater certainty regarding their profitability and future development. The protectionist phase is therefore a learning period that would allow the least developed countries to acquire general and technical know-how in the fields of industrial produ...
https://en.wikipedia.org/wiki?curid=55551
Tariff In this case, the aim was to save an activity threatened with extinction by external competition and to safeguard jobs. Protectionism must enable ageing companies to regain their competitiveness in the medium term and, for activities that are due to disappear, it allows the conversion of these activities and job...
https://en.wikipedia.org/wiki?curid=55551
Tariff Indeed, a significant part of China's rise on the international trade scene does not come from the supposed benefits of international competition but from the relocations practiced by companies from developed countries. Dani Rodrik points out that it is the countries that have systematically violated the rules o...
https://en.wikipedia.org/wiki?curid=55551
Tariff Trade deficits replaces well-paying manufacturing jobs with low-wage service jobs. Moreover, trade deficits lead to significant wage losses, not only for workers in the manufacturing sector, but also for all workers throughout the economy who do not have a university degree. For example, in 2011, 100 million ful...
https://en.wikipedia.org/wiki?curid=55551
Tariff Indeed, this sector accounts for more than two thirds of private sector research and development and employs more than twice as many scientists and engineers as the rest of the economy. The manufacturing sector therefore provides a very important stimulus to overall economic growth. Manufacturing is also associa...
https://en.wikipedia.org/wiki?curid=55551
Tariff The international immobility of labour and capital is essential to the theory of comparative advantage. Without this, there would be no reason for international free trade to be regulated by comparative advantages. Classical and neoclassical economists all assume that labour and capital do not circulate between ...
https://en.wikipedia.org/wiki?curid=55551
Tariff Moreover, the neoclassical assumption that factors are trapped at the national level has no theoretical basis and the assumption of factor price equalisation cannot justify international immobility. Moreover, there is no evidence that factor prices are equal worldwide. Comparative advantages cannot therefore det...
https://en.wikipedia.org/wiki?curid=55551
Tariff On the positive externalities, if an industry generates technological spinoffs for the rest of the economy, then free trade can let that industry be destroyed by foreign competition because the economy ignores its hidden value. Some industries generate new technologies, allow improvements in other industries and...
https://en.wikipedia.org/wiki?curid=55551
Tariff But when it comes to long-term growth, it says nothing about how the facts can change tomorrow and how they can be changed in someone's favour. It does not indicate how best to transform factors of production into more productive factors in the future. According to theory, the only advantage of international tra...
https://en.wikipedia.org/wiki?curid=55551
Tariff A crucial assumption in both the classical and neoclassical formulation of comparative advantage theory is that trade is balanced, which means that the value of imports is equal to the value of each country's exports. The volume of trade may change, but international trade will always be balanced at least after ...
https://en.wikipedia.org/wiki?curid=55551
Tariff There is no adjustment mechanism in practice. Comparative advantages do not turn into price differences and therefore cannot explain international trade flows. Thus, theory can very easily recommend a trade policy that gives us the highest possible standard of living in the short term but none in the long term. ...
https://en.wikipedia.org/wiki?curid=55551
Tariff The seller is not necessarily obliged to buy immediately. Thus, money is not only a means of exchange. It is above all a means of payment and is also used to store value, settle debts and transfer wealth. Thus, unlike the barter hypothesis of the comparative advantage theory, money is not a commodity like any ot...
https://en.wikipedia.org/wiki?curid=55551
Tariff If unemployment (or underutilized resources) exists, there are no opportunity costs, because the production of one good can be increased without reducing the production of another good. Since comparative advantages are determined by opportunity costs in the neoclassical formulation, these cannot be calculated an...
https://en.wikipedia.org/wiki?curid=55551
Land use involves the management and modification of natural environment or wilderness into built environment such as settlements and semi-natural habitats such as arable fields, pastures, and managed woods. by humans has a long history, first emerging more than 10,000 years ago. It also has been defined as "the total ...
https://en.wikipedia.org/wiki?curid=56309
Land use In colonial Americas the land use pattern having the few regulations existed to control the use of land, due to the seemingly endless amounts of it. As society shifted from rural to urban, public land regulation became important, especially to city governments trying to control industry, commerce, and housing ...
https://en.wikipedia.org/wiki?curid=56309
Land use ). The US Department of Agriculture has identified six major types of land use in the US. Acreage statistics for each type of land use in the contiguous 48 states in 2017 were as follows: and land management practices have a major impact on natural resources including water, soil, nutrients, plants and animals...
https://en.wikipedia.org/wiki?curid=56309
Land use As a consequence the result has often been misery for large segments of the local population and destruction of valuable ecosystems. Such narrow approaches should be replaced by a technique for the planning and management of land resources that is integrated and holistic and where land users are central. This ...
https://en.wikipedia.org/wiki?curid=56309
North American Industry Classification System The or NAICS (pronounced "nakes") is a classification of business establishments by type of economic activity (process of production). It is used by government and business in Canada, Mexico, and the United States of America. It has largely replaced the older Standard Indus...
https://en.wikipedia.org/wiki?curid=57275
North American Industry Classification System NAICS is a collaborative effort by Mexico's "Instituto Nacional de Estadística y Geografía" (INEGI), Statistics Canada, and the United States Office of Management and Budget (OMB), through its Economic Classification Policy Committee (ECPC), staffed by the Bureau of Economi...
https://en.wikipedia.org/wiki?curid=57275
Economist An economist is a practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophical theories to the focused study ...
https://en.wikipedia.org/wiki?curid=57349
Economist <ref name="http://www.opm.gov/qualifications/standards/IORs/gs0100/0110.htm"></ref> A professional working inside of one of many fields of economics or having an academic degree in this subject is often considered to be an economist. In addition to government and academia, economists are also employed in bank...
https://en.wikipedia.org/wiki?curid=57349
Economist Small numbers go on to undertake postgraduate studies, either in economics, research, teacher training or further qualifications in specialist areas. In Brazil, unlike most countries in the world where the profession is not regulated, the profession of is regulated by Law. 1411 of August 13, 1951. The profess...
https://en.wikipedia.org/wiki?curid=57349
Economist Analysis of destination surveys for economics graduates from a number of selected top schools of economics in the United Kingdom (ranging from Newcastle University to the London School of Economics), shows nearly 80 percent in employment six months after graduation – with a wide range of roles and employers, ...
https://en.wikipedia.org/wiki?curid=57349
Mikhail Bakunin Mikhail Alexandrovich Bakunin (; – 1 July 1876) was a Russian revolutionary anarchist and founder of collectivist anarchism. He is considered among the most influential figures of anarchism and a major founder of the social anarchist tradition. Bakunin's prestige as an activist also made him one of the ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Marx was a key figure in the General Council of the International and argued for the use of the state to bring about socialism; Bakunin and the anarchist faction argued instead for the replacement of the state by federations of self-governing workplaces and communes. Bakunin could not reach the Netherla...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Neill, down to the anarchists gathered these days under the banner of 'anti-globalization.'" Mikhail Alexandrovich Bakunin was born to a Russian noble family in the village situated between Torzhok and Kuvshinovo. His father (1768–1854) was a career diplomat who served in Italy and France, and upon his ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin After Nicolas I became Emperor, Alexander gave up politics and devoted himself to the estate and his children—five girls and five boys, the oldest of whom was Mikhail. At age 14, Bakunin left for Saint Petersburg and became a Junker at the Artillery School (today called Mikhailovskaya Military Artillery...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Bakunin became increasingly influenced by Hegel and made the first Russian translation of his work. During this period, he met slavophile Konstantin Aksakov, Piotr Chaadaev and socialists Alexander Herzen and Nikolay Ogarev. He developed his panslavic views. After long wrangles with his father, Bakunin ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin He moved to Geneva soon before Weitling's arrest. His name had appeared often in Weitling's correspondence seized by the police. This led to reports to the imperial police. The Russian ambassador in Bern ordered Bakunin to return to Russia. Instead, he went to Brussels, where he met many leading Polish ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin After the defeat of the uprising in Kraków, Polish refugees from there invited him to speak at the November 1847 meeting commemorating the Polish November Uprising of 1830. In his speech, Bakunin called for an alliance of the Polish and Russian peoples against the Emperor, and looked forward to "the def...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Much later in 1871, Bakunin was to write: I must openly admit that in this controversy Marx and Engels were in the right. With characteristic insolence, they attacked Herwegh personally when he was not there to defend himself. In a face-to-face confrontation with them, I heatedly defended Herwegh, and o...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin His sentence was commuted to life to allow his extradition to Russia and Austria, both of whom sought to prosecute him. In June 1850, he was handed to the Austrian authorities. Eleven months later he received a further death sentence but this too was commuted to life imprisonment. Finally, in May 1851, ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Within a year of arriving in Tomsk, Bakunin married Antonina Kwiatkowska, the daughter of a Polish merchant. He had been teaching her French. In August 1858, Bakunin was visited by his second cousin, General Count Nikolay Muravyov-Amursky, who had been governor of Eastern Siberia for ten years. Muravyov...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Bakunin tired of his job as a commercial traveller, but thanks to Muravyov's influence, was able to keep his sinecure (worth 2,000 roubles a year) without having to perform any duties. Muravyov was forced to retire from his post as governor general, partly because of his liberal views and partly due to ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin He also met the German botanist Philipp Franz von Siebold who had been involved in opening up Japan to Europeans (particularly the Russians and the Dutch) and was a friend of Bakunin's patron Muraviev. Von Siebold's son wrote some 40 years later: With his ideas still developing, Bakunin left Japan from ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin In 1860, while still in Irkutsk, Bakunin and his political associates had been greatly impressed by Giuseppe Garibaldi and his expedition to Sicily, during which he declared himself dictator in the name of Victor Emmanuel II. After his return to London, he wrote to Garibaldi on 31 January 1862: Bakunin ...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Now he focussed again on going to Italy and his friend Aurelio Saffi wrote him letters of introduction to revolutionaries in Florence, Turin, and Milan. Mazzini wrote him letters of commendation to Federico Campanella in Genoa and Giuseppe Dolfi in Florence. Bakunin left London in November 1863, travell...
https://en.wikipedia.org/wiki?curid=58198
Mikhail Bakunin Fanelli's trip and the meeting he organised during his travels was the catalyst for the Spanish exiles, the largest workers' and peasants' movement in modern Spain and the largest Anarchist movement in modern Europe. Fanelli's tour took him first to Barcelona, where he met and stayed with Elisée Reclus....
https://en.wikipedia.org/wiki?curid=58198