Who is the father of modern economics - where can
Bentham defined as the "fundamental axiom " of his philosophy the principle that "it is the greatest happiness of the greatest number that is the measure of right and wrong. He advocated individual and economic freedoms , the separation of church and state , freedom of expression , equal rights for women, the right to divorce, and in an unpublished essay the decriminalising of homosexual acts. Bentham's students included his secretary and collaborator James Mill , the latter's son, John Stuart Mill , the legal philosopher John Austin , American writer and activist John Neal , as well as Robert Owen , one of the founders of utopian socialism. He "had considerable influence on the reform of prisons, schools, poor laws, law courts, and Parliament itself. On his death in , Bentham left instructions for his body to be first dissected, and then to be permanently preserved as an "auto-icon" or self-image , which would be his memorial. Because of his arguments in favour of the general availability of education, he has been described as the "spiritual founder" of UCL. However, he played only a limited direct part in its foundation. Bentham was born on 15 February in Houndsditch , London , [17] to a wealthy family that supported the Tory party. He was reportedly a child prodigy: he was found as a toddler sitting at his father's desk reading a multi-volume history of England, and he began to study Latin at the age of three.Who is the father of modern economics - excellent idea
Economic history is a treasure trove of extraordinary theories, intellectual currents and imaginations. And yet, a large section of the history of economic thought has been left in the shadows despite some efforts in recent years by historians and economists. Arab-Muslim economic thought has been one of these forgotten areas. I would like to start by asking you, how did you become interested on the topic of Islamic economic thought? DO: Primarily I was interested in a more plural form of economics with a more honest history of the profession. I would say there is a larger role for ideologies in economics than in natural sciences. Hence, if you would like to think about the society and economy, understanding and being able to make predictions, you need to know heterodox schools and ideas. The need for a wider focus directed me towards this research area. who is the father of modern economicsHe governed Tanganyika as Prime Minister from to and then as President from to ecconomics, after which he led its successor state, Tanzaniaas President from to Ideologically an African nationalist and African socialisthe promoted a political philosophy known as Ujamaa. In he returned to Tanganyika, married, and worked as a teacher. Influenced by the Indian independence leader Mahatma GandhiNyerere preached non-violent protest to achieve this aim. Negotiations with the British authorities resulted in Tanganyikan independence in InTanganyika became a republic, with Nyerere elected its first president.
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His administration pursued decolonisation and the "Africanisation" of the civil service while promoting unity between indigenous Africans and the country's Asian and European minorities. He encouraged the formation of a one-party state and unsuccessfully pursued the Pan-Africanist formation of an East African Federation with Uganda and Kenya.
A mutiny within the army was suppressed with British assistance. Following the Zanzibar Revolution ofthe island of Zanzibar was unified with Tanganyika to form Tanzania. After this, Nyerere placed a growing emphasis on national self-reliance and socialism. Although his socialism differed from that promoted by Marxism—LeninismTanzania developed close links with Mao Zedong 's Marxist-governed China. InNyerere issued the Arusha Declaration which outlined his vision of ujamaa. Banks and other major industries and companies were nationalised; education and healthcare were significantly expanded. Renewed emphasis was placed on agricultural development through the formation of communal farms, although these reforms hampered food production and left areas dependent on food aid. His government provided training and aid to anti-colonialist groups fighting white-minority rule throughout southern Africa and oversaw Tanzania's — war with Uganda which resulted in the overthrow of Ugandan President Idi Amin.
InNyerere stood down and was succeeded by Ali Hassan Mwinyiwho reversed many of Nyerere's policies. He remained chair of Chama Cha Mapinduzi untilsupporting a transition to a multi-party systemand later served as mediator in attempts to end the Burundian Civil War. Nyerere was a controversial figure. Across Africa he gained widespread click at this page as an anti-colonialist and in power who is the father of modern economics praise for ensuring that, unlike many of its neighbours, Tanzania remained stable and unified in the decades following independence. His construction of the one-party state and use of detention without trial led economcs accusations of dictatorial governance, while he has also been blamed for economic mismanagement.
He is held in deep respect within Tanzania, where he is often referred to by the Swahili honorific Mwalimu who is the father of modern economics and described as the "Father of the Nation". These wives lived in various huts around Burito's cattle corral, in the centre of mpdern was moden roundhouse.
Founding Father of Economics
The British colonial administration encouraged the education of chiefs' sons, believing that this would help to perpetuate the chieftain system and prevent the development of a separate educated indigenous elite who might challenge colonial governance. While at the school he also underwent the Zanaki tooth filing ritual to have his upper-front teeth sharpened into triangular points. His academic excellence allowed him to gain a government scholarship to attend the elite Tabora Government School, a secondary school in Tabora. At the time they continued to live apart.
In OctoberNyerere completed his secondary education and decided to study at Makerere College in the Ugandan city of Kampala. In July modrn, he wrote a letter to the Tanganyika Standard in which he discussed the ongoing Second World War and argued that capitalism was alien to Africa and that the continent should turn to "African socialism"; in his words, "the African is by nature a socialistic being".]
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