In economics , the term sunspots (or sometimes "a sunspot") refers to an extrinsic random variable , that is, a random variable that does not affect economic fundamentals (such as endowments , preferences , or technology ). Sunspots can also refer to the related concept of extrinsic uncertainty , that is, economic uncertainty that does not come from variation in economic fundamentals. David Cass and Karl Shell coined the term sunspots as a suggestive and less technical way of saying "extrinsic random variable".
74-501: Henry Peter Brougham, 1st Baron Brougham and Vaux , PC , FRS ( / ˈ b r uː ( ə ) m ... ˈ v oʊ k s / ; 19 September 1778 – 7 May 1868) was a British statesman who became Lord High Chancellor of Great Britain and played a prominent role in passing the Reform Act 1832 and Slavery Abolition Act 1833 . Born in Edinburgh , Brougham helped found
148-562: A royal commission to consolidate existing statutes and enactments of English law . In 1857 he was one of the founders of the National Association for the Promotion of Social Science and was its president at some congresses. In 1860, Brougham was given by Queen Victoria a second peerage as Baron Brougham and Vaux , of Brougham in the County of Westmorland and of Highhead Castle in
222-434: A basis for rational expectations modeling of excess volatility (volatility resulting from sources other than randomness in the economic fundamentals). Proper sunspot equilibria can exist in a number of economic situations, including asymmetric information , externalities in consumption or production , imperfect competition , incomplete markets, and restrictions on market participation. The Cass Shell example relies on
296-547: A cash payment. Brougham paid and secured his anonymity. ELECTORS OF THE COUNTY OF YORK You honourably distinguished yourselves In the ABOLITION OF THE SLAVE TRADE by your zealous support of WILLIAM WILBERFORCE Who can be more worthy of your choice as a REPRESENTATIVE FOR THE COUNTY the enlightened friend and champion of Negro Freedom HENRY BROUGHAM by returning him YOU WILL DO AN HONOUR TO THE COUNTY and A SERVICE TO HUMANITY Brougham remained
370-533: A committed opponent of slavery However, Brougham was adopted as a Whig candidate by only a tiny majority at the nomination meeting: the Whig gentry objecting that he had no connection with agricultural interests, and no connection with the county. Brougham came second in the poll, behind the other Whig candidate; although the liberals of Leeds had placarded the town with claims that one of the Tory candidates supported slavery, this
444-419: A consequence of the first welfare theorem of economics ( Fundamental theorems of welfare economics ). Although the model was simple, the assumption of limited participation extends to all dynamic models based on the overlapping generations model . Sunspot equilibria are important because they introduce the possibility that extraneous uncertainty may cause business cycles. The first paper to exploit this idea
518-533: A correlation between the observed number of sunspots and wheat prices. This met with ridicule as a "grand absurdity" from Lord Brougham. Economists nowadays concur with Brougham on the irrelevancy of sunspots . thumb|Photograph of Brougham The success of the Edinburgh Review made Brougham a man of the mark from his first arrival in London. He quickly became a fixture in London society and gained
592-782: A few institutions in the United Kingdom . The Judicial Committee also hears very occasional appeals from a number of ancient and ecclesiastical courts. These include the Church Commissioners , the Arches Court of Canterbury , the Chancery Court of York , prize courts, the High Court of Chivalry , and the Court of Admiralty of the Cinque Ports . This committee usually consists of members of
666-464: A follower of Newton , launched anonymous attacks in the Edinburgh Review against Thomas Young 's research, which proved light was a wave phenomenon that exhibited interference and diffraction. These attacks slowed acceptance of the truth for a decade, until François Arago and Augustin-Jean Fresnel championed Young's work. Brougham's scientific forays also included an attack upon Sir William Herschel (1738–1822). As Royal Astronomer, Herschel found
740-565: A member of Parliament for Winchelsea until February 1830 when he was returned for Knaresborough . However, he represented Knaresborough only until August the same year, when he became one of four representatives for Yorkshire . His support for the immediate abolition of slavery brought him enthusiastic support in the industrial West Riding . The Reverend Benjamin Godwin of Bradford devised and funded posters that appealed to Yorkshire voters who had supported William Wilberforce to support Brougham as
814-458: A second home there. He oversaw the construction of 'Villa Elenore-Louise' which he named after his daughter, living in the villa himself. One of his friends became the riviera's de facto estate agent owing to the building of Château Vallombrosa . The newly built villas made popular by Brougham attracted royalty, including as Queen Victoria and the Russian Czar. A statue of Lord Brougham stands at
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#1732884134701888-705: A secretary of state. The Committee, which last met in 1988, is concerned with the design and usage of wafer seals . The Cabinet of the United Kingdom is the executive committee of the Privy Council and the senior decision-making body of British Government . The Judicial Committee serves as the final court of appeal for the Crown Dependencies , the British Overseas Territories , some Commonwealth countries, military sovereign base areas and
962-461: A small but significant positive impact on stock returns, probably due to its impact on traders' moods. In economics, a sunspot equilibrium is an economic equilibrium where the market outcome or allocation of resources varies in a way unrelated to economic fundamentals. In other words, the outcome depends on an "extrinsic" random variable , meaning a random influence that matters only because people think it matters. The sunspot equilibrium concept
1036-604: A smaller working committee which evolved into the modern Cabinet . By the end of the English Civil War , the monarchy, House of Lords, and Privy Council had been abolished. The remaining parliamentary chamber , the House of Commons , instituted a Council of State to execute laws and to direct administrative policy. The forty-one members of the Council were elected by the House of Commons;
1110-446: Is a formal body of advisers to the sovereign of the United Kingdom . Its members, known as privy counsellors , are mainly senior politicians who are current or former members of either the House of Commons or the House of Lords . The Privy Council formally advises the sovereign on the exercise of the royal prerogative . The King-in-Council issues executive instruments known as Orders in Council . The Privy Council also holds
1184-403: Is a whimsical reference to 19th-century economist William Stanley Jevons , who attempted to correlate business cycle patterns with sunspot counts (on the actual sun ) on the grounds that they might cause variations in weather and thus agricultural output. Subsequent studies have found no evidence for the hypothesis that the sun influences the business cycle. On the other hand, sunny weather has
1258-406: Is associated with the existence of multiple equilibria in general equilibrium models. The initial formation by Cass and Shell was constructed in the context of a two period model in which a group of people trade financial contacts in period 1 that depends on the realization of a random variable in period 2. They showed that, if some people are unable to participate in the financial market in period 1,
1332-581: Is due to Azariadis who introduced the term "self-fulfilling prophecy," a term he borrowed from Robert K. Merton , to refer to a complete dynamic model in which economic fluctuations arise simply because people believe that they will occur. The idea was extended by Roger Farmer and Michael Woodford to a class of autoregressive models and forms the basis for the Indeterminacy School in Macroeconomics. Sunspot equilibria are closely connected to
1406-551: Is honoured for his major role in building the city of Cannes. His hatchment is in Ninekirks , which was then the parish church of Brougham. The Barony of 1830 became extinct on his death, while he was succeeded in the Barony of 1860 according to the special remainder by his younger brother William Brougham . As the designer of the brougham , a four-wheeled horse-drawn carriage that bears his name, Brougham's patronage brought renown to
1480-548: The Edinburgh Review in 1802 before moving to London, where he qualified as a barrister in 1808. Elected to the House of Commons in 1810 as a Whig , he was Member of Parliament for various constituencies until becoming a peer in 1830. Brougham won popular renown for helping defeat the 1820 Pains and Penalties Bill , an attempt by the widely disliked George IV to annul his marriage to Caroline of Brunswick . He became an advocate of liberal causes including abolition of
1554-626: The Cabinet . With the creation of the United Kingdom on 1 January 1801, a single Privy Council was created for Great Britain and Ireland, although the Privy Council of Ireland continued to exist until 1922, when it was abolished upon the creation of the Irish Free State as an independent Dominion outside the United Kingdom, but within the British Empire . The Privy Council of Northern Ireland
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#17328841347011628-474: The House of Commons Disqualification Act 1975 ). The Crown-in-Council was formerly the supreme appellate court for the entire British Empire , but a number of Commonwealth countries have now abolished the right to such appeals. The Judicial Committee continues to hear appeals from several Commonwealth countries, from British Overseas Territories , Sovereign Base Areas and Crown Dependencies . The Judicial Committee had direct jurisdiction in cases relating to
1702-576: The Scotland Act 1998 , the Government of Wales Act 1998 and the Northern Ireland Act 1998 , but this was transferred to the new Supreme Court of the United Kingdom in 2009. The Scottish Universities Committee considers proposed amendments to the statutes of Scotland's four ancient universities . Sunspots (economics) The idea that arbitrary changes in expectations might influence
1776-838: The Society for the Diffusion of Useful Knowledge and University College London , as well as holding some academic posts, including Rector, University of Edinburgh . In later years he spent much of his time in the French town of Cannes , making it a popular resort for the British upper-classes; he died there in 1868. Brougham was born and grew up in Edinburgh , the eldest son of Henry Brougham (1742–1810), of Brougham Hall in Westmorland , and Eleanora, daughter of Reverend James Syme. The Broughams had been an influential Cumberland family for centuries. Brougham
1850-905: The Supreme Court of the United Kingdom and senior judges of the Commonwealth of Nations who are Privy Counsellors. Within the United Kingdom, the Judicial Committee hears appeals from ecclesiastical courts , the Admiralty Court of the Cinque Ports, Prize Courts and the Disciplinary Committee of the Royal College of Veterinary Surgeons , appeals against schemes of the Church Commissioners and appeals under certain Acts of Parliament (e.g.,
1924-420: The final court of appeal for the entire British Empire (other than for the United Kingdom itself). It continues to hear judicial appeals from some other independent Commonwealth countries , as well as Crown Dependencies and British Overseas Territories . The Privy Council of the United Kingdom, created on 1 January 1801, was preceded by the Privy Council of Scotland , the Privy Council of England , and
1998-463: The movement for the abolition of slavery , a cause to which he was to be passionately devoted for the rest of his life. Despite being a well-known and popular figure, Brougham had to wait before being offered a parliamentary seat to contest. However, in 1810 he was elected for Camelford , a rotten borough controlled by the Duke of Bedford . He quickly gained a reputation in the House of Commons , where he
2072-757: The Cannes waterfront, across from the Palais des festivals et des congrès . Privy Council (United Kingdom) King Charles III [REDACTED] William, Prince of Wales [REDACTED] Charles III ( King-in-Council ) [REDACTED] Starmer ministry ( L ) Keir Starmer ( L ) Angela Rayner ( L ) ( King-in-Parliament ) [REDACTED] Charles III [REDACTED] [REDACTED] [REDACTED] The Lord Reed The Lord Hodge Andrew Bailey Monetary Policy Committee The Privy Council (formally His Majesty's Most Honourable Privy Council )
2146-591: The Civil Service (Amendment) Order in Council 1997, permitted the Prime Minister to grant up to three political advisers management authority over some Civil Servants. In the 1960s, the Privy Council made an order to evict an estimated 1,200 to 2,000 inhabitants of the 55-island Chagos Archipelago in the Indian Ocean, in preparation for the establishment of a joint United States–United Kingdom military base on
2220-472: The Council — which later became the Court of the Star Chamber — was during the 15th century permitted to inflict any punishment except death, without being bound by normal court procedure . During Henry VIII 's reign, the sovereign, on the advice of the Council, was allowed to enact laws by mere proclamation. The legislative pre-eminence of Parliament was not restored until after Henry VIII's death. By 1540
2294-472: The County of Cumberland, with remainder to his youngest brother William Brougham (died 1886). The patent stated that the second peerage was in honour of the great services he had rendered, especially in promoting the abolition of slavery. Brougham was said to be the father of writer Marie Blaze de Bury . Her last name was Stuart or Stewart and she was born in Oban , Scotland in 1813. She was sent to France when she
Henry Brougham, 1st Baron Brougham and Vaux - Misplaced Pages Continue
2368-788: The Court of Appeal were persuaded by this argument, but in 2007 the Law Lords of the Appellate Committee of the House of Lords found the original decision to be flawed and overturned the ruling by a 3–2 decision, thereby upholding the terms of the Order in Council. As of 2023, negotiations between the Mauritian and UK governments that included the sovereignty of the Chagossians were still ongoing. The Privy Council has committees: The Baronetage Committee
2442-520: The French seaside resort of Cannes . In 1835, when little more than a fishing village on a picturesque coast, Brougham purchased a tract of land and built on it, leading it to become a popular sanitorium of Europe. Owing to his influence the beachfront promenade at Nice became known as the Promenade des Anglais (literally, "The Promenade of the English"). The baron inspired others to winter in Cannes and own
2516-515: The House of Commons and worked especially in advocating a programme for the education of the poor, where he chaired the select committee which produced the influential Reports on the Education of the Lower Orders . He was also a proponent of legal reform and it was on this subject in 1828, he made a six-hour speech, the longest ever made in the House of Commons. In 1812, Brougham had become one of
2590-520: The King-in-Council, although in practice its actual work of hearing and deciding upon cases is carried out day-to-day by the Judicial Committee of the Privy Council . The Judicial Committee consists of senior judges appointed as privy counsellors: predominantly justices of the Supreme Court of the United Kingdom and senior judges from the Commonwealth . The Privy Council formerly acted as
2664-679: The Lord Protector, subject to Parliament's approval. In 1659, shortly before the restoration of the monarchy , the Protector's Council was abolished. King Charles II restored the Royal Privy Council, but he, like previous Stuart monarchs, chose to rely on a small group of advisers. The formation of the Kingdom of Great Britain in 1707 combined the Privy Councils of England and Scotland,
2738-478: The Northern Circuit rose fivefold, although he had to wait until 1827 before being made a King's Counsel . In 1826, Brougham, along with Wellington, was one of the clients and lovers named in the notorious Memoirs of Harriette Wilson . Before publication, Wilson and publisher John Joseph Stockdale wrote to all those named in the book offering them the opportunity to be excluded from the work in exchange for
2812-455: The Princess. Brougham threatened to introduce evidence of George IV's affairs and his secret marriage to a Roman Catholic, which could have potentially thrown the monarchy into chaos, and it was suggested to Brougham that he hold back for the sake of his country. He responded with his now-famous speech in the House of Lords: An advocate, in the discharge of his duty, knows but one person in all
2886-554: The Privy Council of Great Britain (1708–1800). Its continued existence has been described as "more or less a constitutional and historical accident". The key events in the formation of the modern Privy Council are given below: In Anglo-Saxon England , the Witenagemot was an early equivalent to the Privy Council of England . During the reigns of the Norman monarchs , the English Crown
2960-568: The Time of George III . In 1834, he was elected a foreign member of the Royal Swedish Academy of Sciences . In 1837, Brougham presented a bill for public education, arguing that "it cannot be doubted that some legislative effort must at length be made to remove from this country the opprobrium of having done less for the education of the people than any of the more civilized nations on earth". In 1838, after news came up of British colonies where
3034-582: The administration was replaced in November by Sir Robert Peel 's Tories. When Melbourne became Prime Minister again in April 1835, he excluded Brougham, saying his conduct was one of the main reasons for the fall of the previous government; Baron Cottenham became Lord Chancellor in January 1836. Brougham was never to hold office again. However, for more than thirty years after his fall he continued to take an active part in
Henry Brougham, 1st Baron Brougham and Vaux - Misplaced Pages Continue
3108-549: The body was headed by Oliver Cromwell , de facto military dictator of the nation. In 1653, however, Cromwell became Lord Protector , and the Council was reduced to between thirteen and twenty-one members, all elected by the Commons. In 1657, the Commons granted Cromwell even greater powers, some of which were reminiscent of those enjoyed by monarchs. The Council became known as the Protector's Privy Council ; its members were appointed by
3182-460: The chief advisers to Queen Caroline of Brunswick, the estranged wife of George, Prince of Wales, the Prince Regent and future George IV . This was to prove a key development in his life. In April 1820, Caroline , then living abroad, appointed Brougham her Attorney-General. Earlier that year George IV had succeeded to the throne on the death of his long incapacitated father George III . Caroline
3256-880: The dates of bank holidays . The Privy Council formerly had sole power to grant academic degree-awarding powers and the title of university , but following the Higher Education and Research Act 2017 these powers have been transferred to the Office for Students for educational institutions in England. Before the Constitutional Reform and Governance Act 2010 the Civil Service was governed by powers of royal prerogative . These powers were usually delegated to ministers by Orders in Council , and were used by Margaret Thatcher to ban GCHQ staff from joining trade unions. Another,
3330-466: The delegated authority to issue Orders of Council, mostly used to regulate certain public institutions. It advises the sovereign on the issuing of royal charters , which are used to grant special status to incorporated bodies, and city or borough status to local authorities. Otherwise, the Privy Council's powers have now been largely replaced by its executive committee, the Cabinet of the United Kingdom . Certain judicial functions are also performed by
3404-512: The economy, even if they bear no relation to fundamentals, is controversial but has been widespread in many areas of economics. For example, in the words of Arthur C. Pigou , 'Sunspots' have been included in economic models as a way of capturing these 'extrinsic' fluctuations, in fields like asset pricing , financial crises , business cycles , economic growth , and monetary policy . Experimental economics researchers have demonstrated how sunspots could affect economic activity. The name
3478-405: The emancipation of the slaves was obstructed or where the ex-slaves were being badly treated and discriminated against, Lord Brougham stated in the House of Lords: The slave ... is as fit for his freedom as any English peasant, aye, or any Lord whom I now address. I demand his rights; I demand his liberty without stint.... I demand that your brother be no longer trampled upon as your slave! Brougham
3552-456: The fact that general equilibrium models often possess multiple equilibria. Cass and Shell construct an example with three equilibria in period 2 and they showed that, if a subset of people cannot trade financial securities in period 1, there exist additional equilibria which are constructed as randomizations across the multiple equilibria of the original model. If, in contrast, everyone is present in period 1, these randomizations are not possible as
3626-472: The friendship of Lord Grey and other leading Whig politicians. In 1806 the Foreign Secretary , Charles James Fox , appointed him secretary to a diplomatic mission to Portugal , led by James St Clair-Erskine, 2nd Earl of Rosslyn , and John Jervis, 1st Earl of St Vincent . The mission aimed to counteract the anticipated French invasion of Portugal . During these years he became a close supporter of
3700-411: The judicial business of the House of Lords, and in its debates, having now turned fiercely against his former political associates, but continuing his efforts on behalf of reform of various kinds. He also devoted much of his time to writing. He had continued to contribute to the Edinburgh Review , the best of his writings being subsequently published as Historical Sketches of Statesmen Who Flourished in
3774-541: The largest island in the archipelago, Diego Garcia . In 2000, the High Court of Justice ruled that the inhabitants had a right to return to the archipelago. In 2004, the Privy Council, under Jack Straw 's tenure, overturned the ruling. In 2006, the High Court of Justice found the Privy Council's decision to be unlawful. Justice Kentridge stated that there was no known precedent "for the lawful use of prerogative powers to remove or exclude an entire population of British subjects from their homes and place of birth", and
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#17328841347013848-457: The latter body coming to an end in 1708. Under King George I , even more power transferred to a small committee of the Council, which began to meet in the absence of the sovereign, communicating its decisions to him after the fact. Thus, the Privy Council, as a whole, ceased to be a body of important confidential advisers to the Sovereign; the role passed to a committee of the Council, now known as
3922-428: The nineteen-member council had become a new national institution, most probably the creation of Thomas Cromwell , without there being exact definitions of its powers. Though the royal Council retained legislative and judicial responsibilities, it became a primarily administrative body. In 1553 the Council consisted of forty members÷, whereas Henry VII swore over a hundred servants to his council. Sovereigns relied on
3996-406: The possibility of indeterminacy in dynamic economic models. In a general equilibrium model with a finite number of commodities, there is always a finite odd number of equilibria, each of which is isolated from every other equilibrium. In models with an infinite number of commodities, and this includes most dynamic models, an equilibrium can be characterized by a bounded sequence of price vectors. When
4070-445: The power to grant royal assent to legislation, are a form of primary legislation, while orders made under statutory powers are a form of secondary legislation. Orders of Council , distinct from Orders in Council, are issued by members of the Privy Council without requiring the approval of the sovereign. Like Orders in Council, they can be made under statutory powers or royal prerogative. Orders of Council are most commonly used for
4144-425: The principle of zealously advocating for one's client. The bill passed, but by the narrow margin of only nine votes. Lord Liverpool , aware of the unpopularity of the bill and afraid that it might be overturned in the House of Commons, then withdrew it. The British public had mainly been on the Princess's side, and the outcome of the trial made Brougham one of the most famous men in the country. His legal practice on
4218-513: The regulation of public institutions and regulatory bodies. The sovereign also grants royal charters on the advice of the Privy Council. Charters bestow special status to incorporated bodies ; they are used to grant chartered status to certain professional, educational or charitable bodies, and sometimes also city and borough status to towns. The Privy Council therefore deals with a wide range of matters, which also includes university and livery company statutes, churchyards , coinage and
4292-489: The resulting equilibrium in period 2 can depend on the realization of a random variable that is completely unrelated to economic fundamentals. They call the random variable a sunspot and the resulting allocation is a 'sunspot equilibrium’. Much work on sunspot equilibria aims to prove the possible existence of equilibria differing from a given model's competitive equilibria , which can result from various types of extrinsic uncertainty. The sunspot equilibrium framework supplies
4366-490: The slave trade , free trade and parliamentary reform. Appointed Lord Chancellor in 1830, he made a number of reforms intended to speed up legal cases and established the Central Criminal Court . He never regained government office after 1834 and although he played an active role in the House of Lords , he often did so in opposition to his former colleagues. Education was another area of interest. He helped establish
4440-448: The supreme legislature of the kingdom. Nevertheless, the Council retained the power to hear legal disputes, either in the first instance or on appeal. Furthermore, laws made by the sovereign on the advice of the Council, rather than on the advice of Parliament, were accepted as valid. Powerful sovereigns often used the body to circumvent the Courts and Parliament. For example, a committee of
4514-408: The term does not indicate any relationship with solar phenomena, and is instead used to describe random variables that have no impact on the preferences, allocations, or production technology of a general equilibrium model. The modern theory suggests that such a nonfundamental variable might have an effect on equilibrium outcomes if it influences expectations . The possibility of sunspot equilibria
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#17328841347014588-553: The world, and that person is his client. To save that client by all means and expedients, and at all hazards and costs to other persons, and amongst them, to himself, is his first and only duty; and in performing this duty he must not regard the alarm, the torments, the destruction which he may bring upon others. Separating the duty of a patriot from that of an advocate, he must go on reckless of consequences, though it should be his unhappy fate to involve his country in confusion. The speech has since become legendary among defence lawyers for
4662-400: Was advised by a royal court or curia regis , which consisted of magnates , ecclesiastics and high officials . The body originally concerned itself with advising the sovereign on legislation, administration and justice. Later, different bodies assuming distinct functions evolved from the court. The courts of law took over the business of dispensing justice , while Parliament became
4736-516: Was brought back to Britain in June for appearances only, but the king immediately began divorce proceedings against her. The Pains and Penalties Bill , aimed at dissolving the marriage and stripping Caroline of her Royal title on the grounds of adultery, was brought before the House of Lords by the Tory government. However, Brougham led a legal team (which also included Thomas Denman ) that eloquently defended
4810-400: Was called to the Bar. Not a wealthy man, Brougham turned to journalism to support himself financially through these years. He was one of the founders of the Edinburgh Review and quickly became known as its foremost contributor, with articles on everything from science, politics, colonial policy, literature, poetry, surgery, mathematics and the fine arts. In the early 19th century, Brougham,
4884-425: Was created in 1922, but became defunct in 1972, when the Parliament of Northern Ireland was closed down. The sovereign may make Orders in Council upon the advice of the Privy Council. Orders in Council, which are drafted by the government rather than by the sovereign, are forms of either primary or secondary legislation , depending on the power they are made under. Orders made under prerogative powers, such as
4958-596: Was defined by David Cass and Karl Shell . While Cass and Shell's 1983 paper defined the term sunspot in the context of general equilibrium , their use of the term sunspot (a term originally used in astronomy ) alludes to the earlier econometric work of William Stanley Jevons , who explored the correlation between the degree of sunspot activity and the price of corn. In Jevons' work, uncertainty about sunspots could be considered intrinsic, for example, if sunspots have some demonstrable effect on agricultural productivity, or some other relevant variable. In modern economics,
5032-517: Was educated at the Royal High School and the University of Edinburgh , where he chiefly studied natural science and mathematics, but also the law. He published several scientific papers through the Royal Society , notably on light and colours and on prisms , and at the age of only 25 was elected a Fellow. However, Brougham chose law as his profession and was admitted to the Faculty of Advocates in 1800. He practised little in Scotland, and instead entered Lincoln's Inn in 1803. Five years later he
5106-413: Was elected Rector of Marischal College for 1838. He also edited, in collaboration with Sir Charles Bell , William Paley 's Natural Theology and published a work on political philosophy and in 1838 he published an edition of his speeches in four volumes. The last of his works was his posthumous Autobiography . In 1854, Brougham was appointed to the Royal Commission for Consolidating the Statute Law ,
5180-424: Was established by a 1910 Order in Council, during Edward VII 's reign, to scrutinise all succession claims (and thus reject doubtful ones) to be placed on the Roll of Baronets . The Committee for the Affairs of Jersey and Guernsey recommends approval of Channel Islands legislation. The Committee for the purposes of the Crown Office Act 1877 consists of the Lord Chancellor and Lord Privy Seal as well as
5254-440: Was nine where she completed her education. Brougham married Mary Spalding (d. 1865), daughter of Thomas Eden, and widow of John Spalding, MP , in 1821. They had two daughters, both of whom predeceased their parents, the latter one dying in 1839. Lord Brougham and Vaux died in May 1868 in Cannes , France, aged 89 and was buried in the Cimetière du Grand Jas . The cemetery is up to the present dominated by Brougham's statue, and he
5328-465: Was one of the most frequent speakers and was regarded by some as a potential future leader of the Whig Party. However, Brougham's career was to take a downturn in 1812, when, standing as one of two Whig candidates for Liverpool , he was heavily defeated. He was to remain out of Parliament until 1816 when he was returned for Winchelsea . He quickly resumed his position as one of the most forceful members of
5402-549: Was raised to the peerage as Baron Brougham and Vaux , of Brougham in the County of Westmorland. The highlights of Brougham's time in government were passing the Reform Act 1832 and 1833 Slavery Abolition Act but he was seen as dangerous, unreliable and arrogant. Charles Greville , who was Clerk of the Privy Council for 35 years, recorded his "genius and eloquence" was marred by "unprincipled and execrable judgement". Although retained when Lord Melbourne succeeded Grey in July 1834,
5476-480: Was strenuously denied by him. In November the Tory government led by the Duke of Wellington fell, and the Whigs came to power under Lord Grey . Brougham joined the government as Lord Chancellor, although his opponents claimed he previously stated he would not accept office under Grey. Brougham refused the post of Attorney General , but accepted that of Lord Chancellor , which he held for four years. On 22 November, he
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