This book is an extension of the author's last book (Crisis and Sustainability: The Delusion of Free Markets, Palgrave Macmillan, 2017) and sheds light on the evolution of the financial system after the 2007/08 crisis and on changes and developments in the regulatory framework that have taken place concurrently over the last ten years. The book’s central theme addresses the neoliberal philosophy of financial regulation and, in particular, the role of self-regulating markets in the finance sector and how this has affected incentives and behaviour within the finance sector. The author contends that neoliberal maxims have led us to believe that market-based finance is superior to, and safer than, a more rules-based regulatory regime for the sector, and then explains that experience suggests otherwise. The huge expansion of ‘financialization’ in the developed economies over the last two decades has greatly magnified the risks emanating from the impact of highly leveraged, risk averse, under-regulated finance on other sectors of these economies. The author concludes that financial institutions need to be encouraged to operate within a more socially responsible matrix that facilitates and promotes long-term economic growth coupled with social stability.
This book offers a novel interpretation of the Great Recession and the ensuing Euro Crisis as a consequence of the evolution of capitalism since the 1970s. Chapters argue that the neoliberal development trajectory pursued in recent decades is unsustainable, and posit that neither sound macroeconomics nor empirical data support the unqualified faith in free markets that inspired it. The book begins by providing a broad critical perspective on key concepts such as freedom, free market, free trade, globalisation and financialisation, before going on to analyse the long and deep recent crisis as a result of the neoliberal policy strategy adopted since the early 1980s. The alternative narrative outlined in the book provides insights into the policy strategy required to achieve a sustainable development trajectory.
This book offers a novel interpretation of the Great Recession and the ensuing Euro Crisis as a consequence of the evolution of capitalism since the 1970s. Chapters argue that the neoliberal development trajectory pursued in recent decades is unsustainable, and posit that neither sound macroeconomics nor empirical data support the unqualified faith in free markets that inspired it. The book begins by providing a broad critical perspective on key concepts such as freedom, free market, free trade, globalisation and financialisation, before going on to analyse the long and deep recent crisis as a result of the neoliberal policy strategy adopted since the early 1980s. The alternative narrative outlined in the book provides insights into the policy strategy required to achieve a sustainable development trajectory.
This book is an extension of the author's last book (Crisis and Sustainability: The Delusion of Free Markets, Palgrave Macmillan, 2017) and sheds light on the evolution of the financial system after the 2007/08 crisis and on changes and developments in the regulatory framework that have taken place concurrently over the last ten years. The book’s central theme addresses the neoliberal philosophy of financial regulation and, in particular, the role of self-regulating markets in the finance sector and how this has affected incentives and behaviour within the finance sector. The author contends that neoliberal maxims have led us to believe that market-based finance is superior to, and safer than, a more rules-based regulatory regime for the sector, and then explains that experience suggests otherwise. The huge expansion of ‘financialization’ in the developed economies over the last two decades has greatly magnified the risks emanating from the impact of highly leveraged, risk averse, under-regulated finance on other sectors of these economies. The author concludes that financial institutions need to be encouraged to operate within a more socially responsible matrix that facilitates and promotes long-term economic growth coupled with social stability.
This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict among different schools of thought in macroeconomics (equilibrium and disequilibrium, risk and uncertainty, rationality and causality). These issues are central to the current debate not only in many branches of economics, but also in other scientific disciplines. The traditional point of view of science based on equilibrium, stability and determinism has been increasingly challenged by a new point of view in which disequilibrium, instability and uncertainty play a crucial role. This, the author argues, is bound to put macroeconomics in a new, more promising position. In the second part of the book the author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists.
Amman, Jordan. As an ambitious digitization project gathers pace in a vast building outside Amman, some unpublished writings by Giordano Bruno - flawed genius of the late Renaissance, renegade philosopher, occultist with a prodigious memory - disappear together with the Jesuit priest sent by the Vatican to study them.When the priest is found dead and a series of mysterious threats ensues, it becomes clear that the stakes are high for all the parties openly or covertly involved. What dangerous ideas were contained in the stolen manuscripts? What was the ultimate secret that Bruno tried to hide from the Holy Inquisition, even as he was persecuted, imprisoned, tortured and finally burnt alive in Rome?In this riveting, meticulously researched new novel, Alessandro Gallenzi draws on his experience as a publisher in the digital era and casts a light on the darker side of our modern technological world, while revealing how a well-kept secret can change the course of history for ever.
“A raw and compelling portrait of 411 BC Greece in which women must fight for justice and democracy” by the Strega Prize–winning Italian novelist (La Stampa). Athens, 411 BC. As the Peloponnesian War draws to a close, a political coup begins to take shape in Athens. Veterans of the infamous battle of Mantinea, Thrasyllus, and Polemon now live as humble farmers in the countryside. They are determined to find influential husbands for their daughters, Glycera and Charis, but first they must defend Athens from the oligarchs plotting to reinstate tyrannical rule. Young and impatient, Glycera and Charis soon become infatuated with their neighbor’s rich and arrogant son, Cimon. When their fathers travel to Athens to see Aristophanes’s latest comedy, the girls use the chance to accept an invitation to Cimon’s house . . . with no notion of what awaits them on their visit. Alternating between the secret drama playing out in the countryside and the public one playing out onstage in Athens, Alessandro Barbero weaves “a compelling story of women’s valiant struggles to maintain their dignity in a misogynistic society” (Historical Novel Society).
The Bosco della Mesola represents one of the few remnants of coastal woodlands in Italy. A nature reserve was established in this area in 1977. No detailed checklists of the vascular flora of the nature reserve have been compiled since then. So, there was an urgent need to fill this gap. This book contains a critical updated checklist of the vascular flora in the Bosco della Mesola Nature Reserve. It also allows quantitative comparisons with a previous checklist dating back to the 1960s in order to detect temporal changes in the vascular flora over 60 years. We believe that this book represents a milestone for scientists and all people involved in nature conservation and management in this area and in similar territories in other countries. The readerships can also include high-school students and non-professional botany amateurs.
Now, translator Federica Brunori Deigan presents lyrical English-language versions of these two tragedies which, taken together, dramatize the first two epochs in Manzoni's "history of Italy." (The Betrothed completes the triptych, illustrating the period of Spanish domination.) Long unavailable in English, The Count of Carmagnola and Adelchis are distinguished by their dramatic power and thematic gravity. Manzoni considers the interactions of Christian morals and Machiavellian politics through deft psychological portraiture, ultimately revealing the course of history as a fabric woven by individuals free will according to a logical pattern of actions and reactions, within the vaster providential plan, that human eyes can only dimly perceive."--BOOK JACKET.
This is an intellectual biography of the Italian Jewish writer and politician David Levi (1816-1898). Freemasonry, Saint-Simonianism, and the Enlightenment are his vessels for a new, secular, interpretation of Jewish identity and for innovative views on Judaism’s relation with modernity.
This book is dedicated to the experts of Art, where not only can they appreciate the reviews and the analysis of the works, but also they can get a wider view of the current artistic scenario. There are contemporary artists who have already traced the history and have left a permanent track in terms of originality, mastery, and absolute innovation, leading the critical and expert’s eye/reader to a wonderful world, predominantly made up of shapes and colors, perspectives and key factor, passion and rationality that intertwine to create the only one, real, and actual tool, to get information from and to face on to the world of Art. Art is tracing history, art is emotion, art is transmission, art is exceeding special and temporal dimension to lead the public to the unknown borders: to one’s heart. Review and analysis by the critic and art historian Dr. Alessandro Costanza.
At Waterloo, some 70,000 men under Napoleon and an equal number under Wellington faced one another in a titanic battle. Alessandro Barbero's majestic account combines British and French histories to give voice to all nations involved. The Battle is a masterpiece of military history.
Un volume dedicato ai veri appassionati di arte, dove si potranno apprezzare non solo le recensioni critiche e analisi effettuate sulle opere, ma anche avere una visione ampia della scena artistica attuale. Artisti contemporanei che hanno già fatto la storia, e che hanno lasciato una traccia sicuramente indelebile per originalità, artigianalità, innovazione assoluta che conduce l'occhio attenzione del critico e studioso - il lettore, in un mondo bello, costituite principalmente forme e colori, prospettive e concetti chiave, passione e razionalità si intrecciano per creare l'unica vera, l'unico mezzo di corrente, di indagare e guardare al mondo dell'arte. L'arte che segna la storia, l'arte che emoziona, arte che trasmette l'arte che supera dimensioni dello spazio e del tempo e prende lo spettatore in confini sconosciuti, quelli del cuore. Recensioni e analisi critiche del Dr. Alessandro Costanza, critico e storico dell'arte
Dante brings the legendary author—and the medieval Italy of his era— to vivid life, describing the political intrigue, battles, culture, and society that shaped his writing. Dante Alighieri’s Divine Comedy has defined how people imagine and depict heaven and hell for over seven centuries. However, outside of Italy, his other works are not well known, and less still is generally known about the context he wrote them in. In Dante, Barbero brings the legendary author’s Italy to life, describing the political intrigue, battles, city and society that shaped his life and work. The son of a shylock who dreams of belonging to the world of writers and nobles, we follow Dante into the dark corridors of politics where ideals are shattered by rampant corruption, and then into exile as he travels Italy and discovers the extraordinary color and variety of the countryside, the metropolises, and the knightly courts. This is a book by a serious scholar with real popular appeal, as evidenced by its bestseller ranking in Italy. It is a remarkable piece of forensic investigation into medieval Italian life.
Stochastic processes are powerful tools for the investigation of reliability and availability of repairable equipment and systems. Because of the involved models, and in order to be mathematically tractable, these processes are generally confined to the class of regenerative stochastic processes with a finite state space, to which belong: renewal processes, Markov processes, semi-Markov processes, and more general regenerative processes with only one (or a few) regeneration staters). The object of this monograph is to review these processes and to use them in solving some reliability problems encountered in practical applications. Emphasis is given to a comprehensive exposition of the analytical procedures, to the limitations in volved, and to the unification and extension of. the models known in the literature. The models investigated here assume. that systems have only one repair crew and that no further failure can occur at system down. Repair and failure rates are general ized step-by-step, up to the case in which the involved process is regenerative with only one (or a few) regeneration state(s). Investigations deal with different kinds of reliabilities and availabilities for series/parallel structures. Preventive main tenance and imperfect switching are considered in some examples.
A young Venetian man and woman face hardship and high seas adventure across the Mediterranean in this prize-winning novel set during the Renaissance. Venice of the late sixteenth century is an unforgiving city. The Doge rules with an iron fist and the Holy Office of Inquisition harbors suspicions about everything and everyone. It is a place where even the walls have eyes. So when a recently married stonemason by the name of Michele is accused of a crime he didn’t commit, he flees for his life aboard a galley—leaving behind his young wife, Bianca. Determined to clear his name and return to his love, Michele embarks on extraordinary adventures as the ship stops at every port and island on its way across the sea. Meanwhile, Bianca struggles to survive alone in Venice, where she faces all the terrors and mysteries that the labyrinthine city holds in its blind alleys and narrow passageways. To survive, they must each find every ounce of cunning, courage, and fortitude within themselves.
A very readable narrative of one of the most significant battles in European history...An excellent resource."�Booklist On August 9, 378 AD, at Adrianople in the Roman province of Thrace (now western Turkey), the Roman Empire began to fall. Two years earlier, an unforeseen flood of refugees from the East Germanic tribe known as the Goths had arrived at the Empire's eastern border, seeking admittance. Though usually successful in dealing with barbarian groups, in this instance the Roman authorities failed. Gradually coalesced into an army led by Fritigern, the barbarian horde inflicted a disastrous defeat on Emperor Valens. The Empire did not actually fall for another century, but some believe this battle signaled nothing less than the end of the ancient world and the start of the Middle Ages. With impeccable scholarship and narrative flair, renowned historian Alessandro Barbero places the battle in its historical context and vividly recreates the events leading to the clash, bringing alive leaders and common soldiers alike. Narrating one of the turning points in world history, The Day of the Barbarians is military history at its very best.
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