The Ramsey problem, or Ramsey-Boiteux pricing, is a policy rule concerning what price a monopolist should set, in order to maximize social welfare, subject to a constraint on profit. A closely related problem arises in relation to optimal taxation of commodities.

For any monopoly, the price markup should be inverse to the price elasticity of demand: the more elastic demand for the product, the smaller the price markup. This was stated by J. Robinson (1933) but it has been recognized later that Frank Ramsey has found the result before (1927) in another context (taxation). The rule was later applied by Marcel Boiteux (1956) to natural monopolies (decreasing mean cost): a natural monopoly experiences profit losses if it is forced to fix its output price at the marginal cost. Hence the Ramsey-Boiteux pricing consists into maximizing the total welfare under the condition of non-negative profit, that is, zero profit. In the Ramsey-Boiteux pricing, the markup of each commodity is also inversely proportional to the elasticities of demand but it is smaller as the inverse elasticity of demand is multiplied by a constant lower than 1.

Gordon James Ramsay, OBE (born 8 November 1966) is a British chef, television personality and restaurateur. He has been awarded 13 Michelin stars in total and currently holds 12.

Ramsay is known for presenting TV programmes about competitive cookery and food, such as the British series Hell's Kitchen, The F Word, Ramsay's Best Restaurant, and Ramsay's Kitchen Nightmares, along with the American versions of Hell's Kitchen, Kitchen Nightmares, and MasterChef.

Gordon Ramsay was born in Johnstone, Renfrewshire, Scotland, and raised in Stratford-upon-Avon, Warwickshire, England from the age of 5. Ramsay is the second of four children; he has an older sister, Diane, a younger brother, Ronnie, and a younger sister, Yvonne. Ramsay's father Gordon (died 1997) was, at various times, a swimming pool manager, a welder, and a shopkeeper; his mother, Helen Cosgrove, and Yvonne have been nurses. Ramsay has described his early life as "hopelessly itinerant", as his family moved constantly due to the aspirations and failures of his father, who was violent. In 1976, they finally settled in Stratford-upon-Avon where he grew up in the Bishopton area of the town. In past public interviews, Ramsay has declined to describe his father as an alcoholic; however, his autobiography, Humble Pie, describes his early life as being marked by abuse and neglect from this "hard-drinking womaniser". At the age of 16, Ramsay moved out of the family house into a flat in Banbury.

"The Man" is a slang phrase that may refer to the government or to some other authority in a position of power. In addition to this derogatory connotation, it may also serve as a term of respect and praise.

The phrase "the Man is keeping me down" is commonly used to describe oppression. The phrase "stick it to the Man" encourages resistance to authority, and essentially means "fight back" or "resist", either openly or via sabotage.

The earliest recorded use^{[citation needed]} of the term "the Man" in the American sense dates back to a letter written by a young Alexander Hamilton in September 1772, when he was 15. In a letter to his father James Hamilton, published in the Royal Dutch-American Gazette, he described the response of the Dutch governor of St. Croix to a hurricane that raked that island on August 31, 1772. "Our General has issued several very salutary and humane regulations and both in his publick and private measures, has shewn himself the Man." ^{[dubious – discuss]} In the Southern U.S. states, the phrase came to be applied to any man or any group in a position of authority, or to authority in the abstract. From about the 1950s the phrase was also an underworld code word for police, the warden of a prison or other law enforcement or penal authorities.