Thorndike uses the method adopted by Romney to draw comparisons: total taxes owed divided by adjusted gross income.

FORBES: How Romney's Tax Rate Compares To Past Presidents

Thorndike notes that rates have generally declined over the decades, beneffiting presidents as well as the rest of us.

FORBES: How Romney's Tax Rate Compares To Past Presidents

The 200-seat theatre has hosted figures from Georgian star Edmund Kean to Dame Sybil Thorndike, Joyce Grenfell and Alan Bennett.

BBC: Appeal to save Richmond's historic Georgian Theatre Royal

As historian Joseph Thorndike points out, the heavy lifting in terms of raising taxes on the rich was actually done by Republican Herbert Hoover.

FORBES: Notations

The phrase was first coined by Edward Thorndike, a psychologist who used it in a study published in 1920 to describe the way that commanding officers rated their soldiers.

ECONOMIST: Idea

But the Lorge-Thorndike test was normed in the nineteen-fifties.

NEWYORKER: None of the Above

Thorndike, director of the Tax Analysts Tax History Project.

FORBES: How Romney's Tax Rate Compares To Past Presidents

Price-wise, Alex Thorndike, senior trader for precious metals and foreign exchange with MKS Capital, said PGMs, particularly palladium, are still gaining ground from the projected supply deficit announced by Johnson Matthey last month.

FORBES: Funds Shed Gold Positions, Bolster PGM Futures, Options - CFTC