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Keynes

John Maynard Keynes the british economist 1883 1946 whose book ldquoThe General Theory of Employment Interest and Moneyrdquo Macmillan 1936 had a strong influence on views of the governments role in the economy through the 1970s See Keynesian...


Keynesian

Of or pertaining to John Maynard Keynes conforming to the theories of Keynesianism especially the term is used to refer to the macroeconomic theories and politico economic policies proposed by Keynes and his followers especially in regards to their advocacy of governmental action to maintain low unemployment through government spending Keyness book ldquoThe General Theory of Employment Interest and Moneyrdquo Macmillan 1936 had a strong influence on views of the governments role in the economy through the 1970s...


Keynesianism

the macroeconomic theories and politico economic policies of British economist John Maynard Keynes 1883 1946 and his followers used especially in reference to their advocacy of governmental action to maintain low unemployment through government spending See Keynes...


High seas

High seas, all the seas which are more than three miles distant from the coast of any country. The territorial jurisdiction of a country does not extend beyond this limit. See R. v. Keyn, (1876) 2 Ex D 63...


Sea

Sea. See FOUR SEAS. The main or high seas are part of the realm of England, for thereon the Courts of Admiralty have jurisdiction, but they are not subject to the Common Law. The main sea begins at the low-watermark, but between the high-water mark and the low-water mark, where the sea ebbs and flows, the Common Law and Admiralty have, divisum imperium, an alternate jurisdiction, the one upon the water when it is full sea, the other upon the land when it is an ebb. See FORESHORE.The jurisdiction of the Admiralty within three miles of the low-water mark will be found elaborately discussed in Reg. v. Keyn, (1876) 2 Ex D 63. In that case it was held by a majority of seven judges to six that the Central Criminal Court had no jurisdiction to try for manslaughter the foreign captain of a foreign ship--the Franconia--which, in passing within three miles of the British shore, ran into a British ship and sank her; but this state of the law was soon afterwards altered by the (English) Territoria...


Territorial waters

Territorial waters. This expression is used with regard to that portion of the sea, upto a limited distance, which is immediately adjacent to the shores of any country, and over which the sovereignty and exclusive jurisdiction of that country extends. The generally recognized limit is three miles, which was the range of canon in the seventeenth century (see Grotius). Territorial waters are considered as territory to the extent that fishing in such waters is reserved for the exclusive benefit of the subjects of the adjacent country. See the Territorial Waters Jurisdiction Act, 1878 (41 & 42 Vict. c. 73), passed in consequence of the decision in R. v. Keyn, (1876) 2 Ex D 63.Territorial waters shall have the same meaning as in s. 3 of the Territorial Waters, Continental Shelf, Exclusive Economic Zone and other Maritime Zones Act, 1976 (80 of 1976). [Wild Life (Protection) Act, 1972 (53 of 1972), s. 2 (30A)]...


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