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Fiscal Policy and Economic Growth: Of Deficits and Debt
Of Deficits and DebtFiscal Policy and Economic GrowthIntroductionGovernment's Unique SituationOf Deficits and DebtSo, Who's Right About Fiscal Policy? Aside from taxes, few topics in economics…consols
(Encyclopedia) consols, contraction of consolidated annuities, a bond issue designed to consolidate two or more outstanding issues, used in reference to British government stock. Public borrowing…Genoa, Conference of
(Encyclopedia) Genoa, Conference of, 1922, at Genoa, Italy. Representatives of 34 nations convened on Apr. 10 to attempt the reconstruction of European finance and commerce. It was the first…amortization
(Encyclopedia) amortizationamortizationămˌərtəzāˈshən, əmôrˈ– [key], reduction, liquidation, or satisfaction of a debt. The term amortization may also refer to the sum used for that purpose. The term…garnishment
(Encyclopedia) garnishment, in law, means of requiring a third party who holds a debt (including wages) due a defendant to retain the property temporarily. The garnishment consists of a warning, in…Goodyear, Charles
(Encyclopedia) Goodyear, Charles, 1800–1860, American inventor, b. New Haven, Conn., originator of vulcanized rubber. He failed in his earlier business ventures and was in jail for debt when he began…lien
(Encyclopedia) lien, claim or charge held by one party, on property owned by a second party, as security for payment of some debt, obligation, or duty owed by that second party. A lien may arise by…Shays's Rebellion
(Encyclopedia) Shays's Rebellion, 1786–87, armed insurrection by farmers in W Massachusetts against the state government. Debt-ridden farmers, struck by the economic depression that followed the…mortgage
(Encyclopedia) mortgage, in law, device for protecting a creditor by giving him an interest in property of his debtor. In common law a mortgage was a conditional sale; i.e., the mortgagor (debtor)…Ismail Pasha
(Encyclopedia) Ismail PashaIsmail Pashaĭsˌmäēl päshäˈ [key], 1830–95, ruler of Egypt (1863–79), son of Ibrahim Pasha. He succeeded his uncle Said Pasha as ruler. Ismail used the Egyptian cotton crop…Trending
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