1. In 1751, he was appointed Chair of Logic at the University of Glasgow, transferring in 1752 to the Chair of Moral Philosophy. In 1759, he published The Theory of Moral Sentiments, embodying some of his Glasgow lectures. In 1776, the work that he is most famous for was published. Who?
2. This winner of the 1994 Nobel prize for Economics is currently a senior research mathematician at Princeton. He was the subject of a 2001 Hollywood movie that won four Oscars. Who?
3. Which Asian economist’s biography is titled Banker to the poor?
Origin of terms
4. This term was used by the economist in Question 1. He said a free competitive market ensures that those goods and services perceived as most beneficial, efficient, or of highest quality will naturally be those that are most profitable, and used this term as a metaphor to indicate that this happens, so to say, automatically or spontaneously. What term?
5. What word in the English language comes from the Latin word for oil press or mill? This sense of the Latin word became considerably generalized, leading to its present meaning. What word?
6. This term comes from al zahr, the word for ‘dice’ in Arabic, where it denoted the financial risk that usually resulted from gambling. From that connotation, it evolved into its current sense as a more general term meaning risk or danger. Which term?
7. One of the founders of this coffee-house chain wanted it to be named ‘Pequod’ after the ship in Moby Dick. However, his co-founders didn’t quite like the name. They came upon a mining camp on Mt. Rainier whose name they thought would be quite apt for their enterprise. The Moby Dick fan drew a phonetic connection between the name of this mining camp and another character in Moby Dick, and so the chain was named after the other Moby Dick character. Which chain?
8. The name of which coffee-house chain is a term that originates from the word meaning bartender in Italian?
9. Which coffee-house chain, the largest in India, is owned by the Amalgamated Bean Coffee Trading Company Ltd?
1. Adam Smith. His 1776 work was, An Enquiry into the Wealth of Nations.
2. John Forbes Nash. He was the subject of the movie, A Beautiful Mind.
3. Mohammed Yunus.
Origin of terms
4. Invisible hand.
7. Starbucks. It was named after the first mate of the Pequod in Moby Dick. The mining camp was called Starbo.
9. Cafe Coffee Day.