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Arthur Cecil Pigou (18 November 1877 – 7 March 1959) was an English

economist. As a teacher and builder of the school of economics at the University of


Cambridge he trained and influenced many Cambridge economists who went on to
fill chairs of economics around the world. His work covered various fields of
economics, particularly welfare economics but also including industrial
fluctuations, unemployment, public finance, index numbers, and measurement of
national output. His reputation was affected adversely by influential economic
writers who used his work as the basis on which to define their own opposing
views. He reluctantly served on several public committees, including the Cunliffe
Committee and the 1919 Royal Commission on Income tax.

Alfred Marshall (born 26 July 1842 in Bermondsey, London, England, died 13


July 1924 in Cambridge, England) was an Englishman and one of the most
influential economists of his time. His book, Principles of Economics (1890), was
the dominant economic textbook in England for many years. It brings the ideas of
supply and demand, marginal utility and costs of production into a coherent whole.
He is known as one of the founders of neoclassical economics. He desired to
improve the mathematical rigor of economics and transform it into a more
scientific profession. In the 1870s he wrote a small number of tracts on
international trade and the problems of protectionism. In 1879, many of these
works were compiled into a work entitled The Pure Theory of Foreign Trade: The
Pure Theory of Domestic Values. In the same year (1879) he published The
Economics of Industry with his wife Mary Paley Marshall.

Although Marshall took economics to a more mathematically rigorous level, he did


not want mathematics to overshadow economics and thus make economics
irrelevant to the layman. Accordingly, Marshall tailored the text of his books to
laymen and put the mathematical content in the footnotes and appendices for the
professionals. In a letter to A. L. Bowley, he laid out the following system:

(1) Use mathematics as shorthand language, rather than as an engine of inquiry. (2)
Keep to them till you have done. (3) Translate into English. (4) Then illustrate by
examples that are important in real life (5) Burn the mathematics. (6) If you can’t
succeed in 4, burn 3. This I do often." According to Marshall, “economics is the
study of mankind in the ordinary business of life, it examines that part of
individual and social action which is most closely connected with the attainment
and with the use of the material requisites of well being.”

Lionel Charles Robbins, Baron Robbins, FBA (22 November 1898 - 15 May
1984) was a British economist and head of the economics department at the
London School of Economics. He is known for his proposed definition of
economics, and for his instrumental efforts in shifting Anglo-Saxon economics
from its Marshallian direction. Robbins is famous for his definition of economics:

"Economics is a science which studies human behavior as a relationship


between ends and scarce means which have alternative uses."

Robbins' early essays were combative in spirit, stressing the subjectivist theory of
value beyond what Anglo-Saxon economics had been used to. He wrote a famous
1932 essay on economic methodology. His work on costs (1930, 1934) brought
Wieser's "alternative cost" theorem of supply to England (which was opposed to
Marshall's "real cost" theory of supply). His critique of the Marshallian theory of
the representative firm (1928), and his critique of the Pigovian Welfare Economics
(1932, 1938), influenced the end of the Marshallian empire.
In his Essay on the Nature and Significance of Economic Science, Robbins made
his Continental credentials clear. Redefining the scope of economics to be "the
science which studies human behavior as a relationship between ends and scarce
means which have alternative uses" (Robbins, 1932).

S. K.Burman was the founder of Dabur. He was trained as a physician in Bengal.


His mission was to provide effective and affordable cure for ordinary people in far-
flung villages. Soon, he started preparing Ayurvedic or natural remedies for
diseases such as cholera, malaria, and plague. Due to his natural and cheap
remedies, he became to be known as 'Daktar' which is doctor in Indian languages.
And that is how his venture Dabur got its name - derived from the Devanagri
rendition of Daktar Burman(Da-Bur). Dr. Burman set up Dabur in 1884 to produce
and dispense Ayurvedic medicines.

S. Gopalakrishnan (Kris to his colleagues) is one of the founders of Infosys


Technologies Limited, a global IT business solutions provider headquartered in
Bangalore, India. As the Chief Executive Officer, he defines the road map for
technology and innovation.
In 1981, Kris, along with N.R. Narayana Murthy and five others, founded Infosys
Technologies Limited. His initial responsibilities included the management of
design, development, implementation, and support of information systems for
clients in the consumer products industry in the U.S.

Between 1987 and 1994, Kris headed the technical operations of KSA/Infosys (a
joint venture between Infosys and KSA at Atlanta, U.S.) as Vice President
(Technical). In 1994, Kris returned to India and was appointed Deputy Managing
Director of Infosys.

On June 22, 2007, Kris was appointed the CEO and Managing Director of Infosys.
Kris previously served as the Chief Operating Officer (April 2002), and as the
President and Joint Managing Director (August 2006). His responsibilities
included customer services, technology, investments, and acquisitions.

Kris is recognized as a global thought leader. He was selected in Thinkers 50, an


elite list of global business thinkers compiled by Des Dearlove and Stuart Crainer,
in association with the IE Business School, Madrid, and the London Business
School's Management Innovation Lab.

Kris is the chairman of the Confederation of Indian Industry (CII) Southern


Regional Council and on the Board of Governors at Indian Institute of
Management (IIM), Bangalore. Kris is also the Chairman of Indian Institute of
Information Technology and Management (IIITM), Kerala, and Vice Chairman of
the Information Technology Education Standards Board (BITES) set up by
Karnataka Government. He is a member of ACM, IEEE and IEEE Computer
Society.
Kris holds master's degrees in Physics (1977) and Computer Science (1979) from
the Indian Institute of Technology, Madras.

Rama Prasad Goenka is the Chairman Emeritus of the RPG Group, a multi-sector


Indian industrial conglomerate. Goenka was born in 1930 and attended
the Presidency College in his home town of Kolkata and Harvard University in
the United States. Goenka also held the position of Chairman of the Board of
Governors, International Management Institute and is a trustee of the Jawaharlal
Nehru Memorial Fund, the Indira Gandhi Memorial Trust and the Rajiv Gandhi
Foundation. He is a former president of the FICCI and the immediate past
Chairman of the Board of Governors of the Indian Institute of Technology in
Kharagpur. Goenka has also been twice awarded the Order of the Sacred
Treasure by the Emperor of Japan.Former member of parliament is chairman
emeritus of RPG Enterprises, a $2.8 billion (revenues) conglomerate, now run by
sons Harsh and Sanjiv. Descendants of one of Kolkata's oldest business families,
which used to trade with the East India Company in commodities like textiles, jute
and tea. Group made several notable acquisitions in 1980s including Ceat Tyres,
retail chain Spencer's and utility CESC. Today group has more than 20 companies
in such sectors as power, biotech and IT. Harsh is a well-known art collector.

Biographical Sketch
of
Mr. Naveen Jindal

Member of Parliament ** Sportsman ** Industrialist-----The difference


between the impossible and possible lies in an individual's mind. Free the mind
and one can achieve the unimaginable.
________
Mr. Naveen Jindal is a Member of Parliament, a successful entrepreneur, and
sports
enthusiast. He is the youngest son of the steel visionary and Minister of Power in
the
government of Haryana, India, Late Sh. O.P. Jindal. At a very young age, he has
transformed Jindal Steel & Power Limited (JSPL), a moderately performing
company
in the steel sector, into a star performer. JSPL is part of US $ 12 billion diversified
O.P. Jindal Group, which is the fourth largest business entity in India. After
consolidating its position of leading player in steel, power, mining and
infrastructure,
JSPL has diversified into the oil & gas sector in a major way.
PERSONAL DETAILS:
Birth – The 9th of March 1970.
Education – Schooling from the Delhi Public School, New Delhi; graduation in
commerce from the Hans Raj College, Delhi University in 1990. and MBA from
the
University of Texas at Dallas, USA in 1992.
POLITICS – In the service of humanity
Mr. Jindal started active participation in politics during his college days. He was
the
President of the Student Government and recipient of the ‘Student Leader of the
Year Award’ - the highest student award at the University of Texas at Dallas.
􀂃 After returning to India, Mr. Naveen Jindal managed his father’s political
organization
and eventually followed his footsteps to enter national politics. Mr. Naveen Jindal
got
elected to Indian Parliament with a big margin in 2004 from the Kurukshetra
constituency in the state of Haryana, India on the ticket of the largest & the oldest
party, the Indian National Congress. He repeated his performance in the
subsequent
election in 2009 and returned to Parliament with an impressive victory. To weed
out
corruption, population stabilization, promotion of clean environment and providing
health and educational facilities in every nook and corner of his constituency are
on
top of his political agenda. He wants to incorporate the best practices of business
management in politics. He strongly feels it’s all about managing resources and
people.
􀂃 As issues of national pride, self-esteem, and India’s image in the world have
always
been uppermost in his mind, he has taken up several public causes with
characteristic ardour, dedication and commitment. One such cause was getting
every
Indian the right to fly the national flag.
􀂃 Mr Jindal took yet another initiative to ensure that the smoking ban is
implemented
in one of the most hallowed institutions of the country – Parliament.
􀂃 He draws a lot of inspiration & courage from his revered father, Late Sh. O P
Jindal
and Smt. Sonia Gandhi, President of the Indian National Congress.
ACHIEVEMENTS IN SPORTS
􀂃 Mr. Naveen Jindal is a national record holder in skeet shooting. The Indian
Shooting
Team, under his captaincy, won Silver medal in the South Asian Federation
Games,
April 2004, in Pakistan. Besides winning numerous medals in shooting at national
and international levels, Mr. Jindal has also excelled in Polo and JSPL Polo team
has
won several laurels under his captaincy. Currently, he is taking a lot of interest in
promoting hockey, the national game of India.
BUSINESS & INDUSTRY
􀂃 Mr. Naveen Jindal is the Executive Vice Chairman & Managing Director of
Jindal Steel & Power Limited which is one of the most efficiently run steel
company in the world. The company is a part of the US $ 12 Billion Jindal Group,
the
fourth largest business entity in India. The company has the world’s largest
coalbased
sponge iron capacity and has established a Rail & Universal Beam Mill, which
is manufacturing world’s longest 120 metre rails and parallel flange beams &
columns in larger sizes for the first time in India.
􀂃 Mr. Jindal is the Chairman of Jindal Power Limited, which is running 1,000
MW O. P.
Jindal Super Thermal Power Plant at Raigarh, Chhattisgarh – the first Mega Power
Project in the private category.
􀂃 Mr. Naveen Jindal currently holds several senior positions in various trade
bodies. He is Chairman of the Young Leaders Forum, Federation of Indian
Chamber of Commerce and Industry (FICCI). National Executive Committee
Member of FICCI; Chairman, Chhattisgarh State Council of FICCI and Chairman
of
Sports Committee of FICCI.
􀂃 Mr. Naveen Jindal was listed among 25 Indians who were part of the annual list
of
250 Global Young Leaders in 2007 prepared by the Geneva Based World
Economic
Forum (WEF).
Mr Naveen Jindal is currently:
􀂃 Member of Parliamentary Forum on Youth, Parliamentary Standing
Committee on Home Affairs, Consultative Committee on Ministry of
Defence, Governing Body- National Rifle Association of India (NRAI),
Delimitation Commission and Sports Co-ordination Committee of the
Government of India.
􀂃 Chairman of Maharaja Agrasen Medical Education & Scientific Research
Society (Agroha Medical College), Sports Committee & ITI, Technical &
Vocational Institutes, Government of Haryana.
􀂃 He is also the Chancellor of the OP Jindal Global University to be at
Sonepat,
Haryana.
Mr. Jindal can be contacted at: naveen@naveenjindal.com

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