The person who has been known up until today as the "father of modern economics" is Adam Smith. A thinker and philosopher from Scotland, born in 1723 and died in 1790, Adam Smith was given this important title because of his ideas and theories on laissez-fair and the tendency of free markets to regulate themselves by way of competition, supply, demand and self-interest. He wrote several books where he proposed his economic ideas, among which we have: The Theory of Moral Sentiments, where he expresses this ideal of a hidden hand, which means the capacity of markets to autoregulate and An Inquiry into the Nature and Causes of the Wealth of Nations. He was also the proponent of the theory of compensating wage differentials, which states that jobs that are riskier pay much better wages to workers because of the risk they represent, versus jobs that offer little to no risk. He is also known as the father of Capitalism.
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Haudenosaunee Recognized by Congress - Resolution Acknowledges Contributions to the Constitution
Did you know that the foundation of the United States Constitution comes from the Haudenosaunee Confederacy?
H. Con. Res. 331 was passed in October 1988 to acknowledge the contribution of the Iroquois Confederacy of Nations to the development of the United States Constitution, and to reaffirm the continuing government-to-government relationship between Indian tribes and the United States established in the Constitution.
Congress, on the occasion of the 200th anniversary of the signing of the United States Constitution, "acknowledged the historical debt which this Republic of the United States of America owes to the Iroquois Confederacy and other Indian Nations for their demonstration of enlightened, democratic principles of government and their example of a free association of independent Indian Nations."
Here is the wording of H. Con. Res. 331:
"To acknowledge the contribution of the Iroquois Confederacy of Nations to the development of the United States Constitution and to reaffirm the continuing government-to-government relationship between Indian tribes and the United States established in the Constitution.
Whereas, the original framers of the constitution, including most notably, George Washington and Benjamin Franklin, are known to have greatly admired the concepts, principles and government practices of the Six Nations of the Iroquois Confederacy; and
Whereas, the Confederation of the original thirteen colonies into one Republic was explicitly modeled upon the Iroquois Confederacy as were many of the democratic principles which were incorporated into the Constitution itself; and,
Whereas, since the formation of the United States, the Congress has recognized the sovereign status of Indian Tribes, and has, through the exercise of powers reserved to the Federal Government in the Commerce Clause of the Constitution (art. I, s8, cl.3), dealt with Indian tribes on a government-to-government basis and has, through the Treaty Clause (art.II, s2, cl.2), entered into 370 treaties with Indian tribal nations; and,
Whereas from the first treaty entered into with an Indian nation, the treaty with the Delaware Indians of Sept. 17, 1778, and thereafter in every Indian Treaty until the cessation of treaty-making in 1871, the Congress has assumed a trust responsibility and obligation to Indian Tribes and their members to "exercise the utmost good faith in dealings with the Indians" as provided for the Northwest Ordinance of 1987 (I Stat.50); and
Whereas, Congress has consistently reaffirmed these fundamental policies over the past 200 years through legislation specifically designed to honor this special relationship; and,
Whereas, the judicial system of the United States has consistenly recognized and reaffirmed this special relationship;
Now, therefore be it Resolved by the Senate and House of Representatives of the United States in Congress assembled, that:
1) The Congress, on the occasion of the 200th anniversary of the signing of the United States Constitution, acknowledges the historical debt which this Republic of the United States of America owes to the Iroquois Confederacy and other Indian Nations for their demonstration of enlightened, democratic principles of government and their example of a free association of independent Indian Nations;
2) The Congress also hereby reaffirms the constitutionally recognized government-to-government relationship with Indian Tribes which has historically been the cornerstone of this nation's official Indian Policy;
3) The Congress specifically acknowledges and reaffirms the trust responsibility and obligation of the United States Government to Indian Tribes, including Alaska Natives, for their preservation, protection and enhancement, including the provision of health, education, social and economic assistance programs as necessary, to assist Tribes to perform their governmental responsibility to provide for the social and economic Well-being of their members and to preserve tribal cultrual identity and heritage; and
4) The Congress also acknowledges the need to exercise the utmost good faith in upholding its treaties with the various Tribes, as the Tribes understood them to be, and the duty of a great nation to uphold its legal and moral obligations for the benefit of all its citizens so that they and their posterity may also continue to enjoy the rights they have enshrined in the United States Constitution for time immemorial.
Answer: 1 solution(s) found
See steps
Linear equations with one unknown
Step by Step Solution
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Rearrange:
Rearrange the equation by subtracting what is to the right of the equal sign from both sides of the equation :
72+3*x+89+99+2*x-(540)=0
Step by step solution :
STEP
1
:
Pulling out like terms
1.1 Pull out like factors :
-280 + 5x = 5 • (x - 56)
Equation at the end of step
1
:
STEP
2
:
Equations which are never true:
2.1 Solve : 5 = 0
This equation has no solution.
A a non-zero constant never equals zero.
Solving a Single Variable Equation:
2.2 Solve : x-56 = 0
Add 56 to both sides of the equation :
x = 56
One solution was found :
x = 56
Explanation: