Some context: Irving Fisher (February 27, 1867 - April 29, 1947) was an American economist, statistician, inventor, and Progressive social campaigner. He was one of the earliest American neoclassical economists, though his later work on debt deflation has been embraced by the Post-Keynesian school. Joseph Schumpeter described him as "the greatest economist the United States has ever produced", an assessment later repeated by James Tobin and Milton Friedman. Fisher made important contributions to utility theory and general equilibrium.
James Tobin argued that the intellectual breakthroughs that marked the neoclassical revolution in economics occurred in Europe around 1870. The next two decades witnessed lively debates, which led to the new theory being more or less incorporated into the classical tradition that preceded it. In the 1890s, according to Joseph A. Schumpeter there emerged A large expanse of common ground and ... a feeling of repose, both of which created, in the superficial observer, an impression of finality - the finality of a Greek temple that spreads its perfect lines against a cloudless sky. Of course, Tobin argues, the temple was by no means complete. Its building and decoration continue to this day, even while its faithful throngs worship within. American economists were not present at the creation. To a considerable extent they built their own edifice independently, designing some new architecture in the process. They participated actively in the international controversies and syntheses of the period 1870-1914. At least two Americans were prominent builders of the "temple," John Bates Clark and Irving Fisher. They and others brought neoclassical theory into American journals, classrooms, and textbooks, and its analytical tools into the kits of researchers and practitioners. Eventually, for better or worse, their paradigm would dominate economic science in this country. In reviewing the history of utility theory, economist George Stigler wrote that Fisher's doctoral thesis had been "brilliant" and stressed that it contained "the first careful examination of the measurability of the utility function and its relevance to demand theory." While his published work exhibited an unusual degree of mathematical sophistication for an economist of his day, Fisher always sought to bring his analysis to life and to present his theories as lucidly as possible. For instance, to complement the arguments in his doctoral thesis, he built an elaborate hydraulic machine with pumps and levers, allowing him to demonstrate visually how the equilibrium prices in the market adjusted in response to changes in supply or demand.
When did he come up with utility theory?
A: James Tobin argued that the intellectual breakthroughs that marked the neoclassical revolution in economics occurred in Europe around 1870.
Some context: William Henry "Lone Star" Dietz (August 17, 1884 - July 20, 1964) was an American football player and coach. He served as the head football coach at Washington State University (1915-1917), Purdue University (1921), Louisiana Tech University (1922-1923), University of Wyoming (1924-1926), Haskell Institute--now Haskell Indian Nations University (1929-1932), and Albright College (1937-1942). From 1933 to 1934, Dietz was the head coach of the National Football League's Boston Redskins, where he tallied a mark of 11-11-2. He was inducted into the College Football Hall of Fame as a coach in 2012.
Dietz's Indian heritage was first contested in 1916 after former neighbors who settled on the Pacific Coast heard he was posing as an Indian. In December 1918 the Federal Bureau of Investigation looked into his heritage after he fraudulently registered for the draft as a "Non-Citizen Indian" with an allotment. The Bureau found he had taken on the identity of James One Star, an Oglala man of the Pine Ridge Indian Reservation 12 years his senior who had disappeared in Cuba in 1894. Dietz also claimed he was the head of an American film company that produced propaganda films for the war. Dietz divorced De Cora in November 1918, charging her with abandonment. It is not clear how much she knew about his true identity. She died six days after his indictment. Dietz was tried in Spokane, Washington in June 1919 for the first offense. One Star's sister, Sallie Eaglehorse, testified after seeing him for the first time at the trial that Dietz was definitely not her brother. Still, the judge instructed the jury to determine whether Dietz "believed" he was an Indian, not whether it was true. Despite that others had witnessed his birth in the summer of 1884 or had seen him the following day, Dietz's mother Leanna claimed he was the Indian son of her husband who had been switched a week or more after she had a stillbirth. Dietz's acting ability along with his mother's fallacious testimony (to protect him from prison) resulted in a hung jury, but Dietz was immediately re-indicted. The second trial resulted in a sentence of 30 days in the Spokane County Jail after he pleaded "no contest".
Why did they divorce?
A: charging her with abandonment. It
Some context: Titas (Portuguese pronunciation: [tSi'tas]) are a rock band from Sao Paulo, Brazil. Though they basically play pop/alternative rock, their music has touched a number of other styles throughout their 30-year career, such as new wave, punk rock, grunge, MPB and electronic music. They are one of the most successful rock bands in Brazil, having sold more than 6,3 million albums as of 2005 and having been covered by several well-known Brazilian artists and a couple of international singers. They were awarded a Latin Grammy in 2009 and have won the Imprensa Trophy for Best Band a record four times.
In November 1985, Tony Bellotto and Arnaldo Antunes were arrested for heroin traffic and transportation. It This considered by the band as the climax of their first crisis, started with the first two albums low sales. Also, the episode made so much of an impact in the band, the next album, Cabeca Dinossauro, released in June 1986, contained a lot of tracks criticizing the public institutions ("Estado Violencia" and "Policia"), as well as other "pillars" of the Brazilian society and indeed society in general ("Igreja" and "Familia"). The heavy and punk-influenced rhythms and the forceful lyrics, characteristic of the band in this phase, are fully represented in this album which is considered by the critics one of the best works of the group and one of the landmarks of the Brazilian rock. Jesus Nao Tem Dentes No Pais Dos Banguelas, released at the end of 1987, continued in the same vein as the previous album in tracks like "Nome aos Bois", "Lugar Nenhum" and "Desordem", however adding samplers in tracks like "Coracoes e Mentes", "Todo Mundo quer Amor", "Comida" and "Diversao". After some international performances, the band recorded some of their hits in live Montreux Festival and released Go Back in 1988. The biggest hit to come out of Go Back was a live version of the song "Marvin" which is a re-invented version of "Patches" by Clarence Carter made famous by Elvis. The producer Liminha (a former adjunct member of Os Mutantes) was always an important associate of the band since Cabeca Dinossauro, and this association arrived to its climax in O Blesq Blom, one of the most popular productions of the band by that time. Some of the prominence tracks: "Miseria", "Flores", "O Pulso" and "32 Dentes". One of the prominent features of this work was the special guest appearance of a couple of improvisors, called Mauro and Quiteria, discovered by the band in a beach in Recife.
Did this arrest hurt his career?
A:
This considered by the band as the climax of their first crisis, started with the first two albums low sales.