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Laughlin, James Laurence

(Encyclopedia) Laughlin, James Laurence lŏfˈlĭn [key], 1850–1933, American economist, b. Deerfield, Ohio, Ph.D. Harvard, 1876. He was a distinguished teacher, and as head of the department of political economy ...

Burns, Arthur Frank

(Encyclopedia) Burns, Arthur Frank, 1904–87, American economist, b. Austria, grad. Columbia Univ. (A.B., 1925; A.M., 1925; Ph.D., 1934). He taught economics at Rutgers Univ. (1927–44), and then joined (1944) the...

land-grant colleges and universities

(Encyclopedia) land-grant colleges and universities, U.S. institutions benefiting from the provisions of the Morrill Act (1862), which gave to the states federal lands for the establishment of colleges offering prog...

Glass, Carter

(Encyclopedia) Glass, Carter, 1858–1946, American politician, U.S. Secretary of the Treasury (1918–20), U.S. Senator from Virginia (1920–46), b. Lynchburg, Va. He learned the printer's trade and became owner o...

Federal Theatre

(Encyclopedia) Federal Theatre (1935–39), branch of the Work Projects Administration designed to provide employment for actors, directors, writers, and scene designers. As well as providing a nationwide audience w...

discount

(Encyclopedia) discount, in banking and investment, fee for lending money, which the banker deducts from the loan when it is given. Thus, with a $1,000 loan at a 6% discount, the borrower receives $940 and repays $1...

Pujo, Arsène Paulin

(Encyclopedia) Pujo, Arsène Paulin arsĕnˈ pôlăNˈ püzhōˈ [key], 1861–1939, U.S. congressman, b. Lake Charles, La. He practiced law in Louisiana before serving (1903–13) as a Democratic Congressman in the...

American International Group

(Encyclopedia) American International Group (AIG), American multinational insurance corporation whose potential bankruptcy in 2008 led to the largest federal bailout of a private company. AIG was founded as American...

Treasury, United States Department of the

(Encyclopedia) Treasury, United States Department of the, federal executive department established in 1789. It is charged with advising the president on fiscal policy and acting as fiscal agent for the federal gover...
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