This new international edition provides increased coverage of the procedures for estimating the cost of capital, expanded coverage of risk management techniques and the use and misuse of derivatives, and additional coverage of agency problems.
For Frederick Douglass, the iconic nineteenth-century slave and abolitionist, the foundations for his arguments in support of racial equality rested on natural rights and natural law-and the bold proclamation of the Declaration of Independence that all men are created equal. But because many Americans never observed this principle-and in Douglass's day even renounced it-he made it his life's work to move the nation toward this vision of a more noble liberalism. Peter Myers now considers that effort and the natural rights arguments by which Douglass confronted race in America. Myers examines the philosophic core of Douglass's political thought, offering a greater understanding of its depth and coherence. He depicts Douglass as the leading thinker to apply the Founders' doctrine of natural rights to the plight of African Americans-an activist who grounded his arguments on the rights guaranteed by the Constitution and the inherent injustice not only of slavery but of any form of racial superiority. Myers first reconsiders Douglass's descriptive analysis of slavery, developing his arguments for its natural wrongness and for its natural weakness in conjunction with the right of resistance. He then examines Douglass's understandings of civil government in general and of the U.S. constitutional order in particular, exploring his argument on the Constitution's relation to slavery and his thoughts on the powers and duties of the federal and state governments in the matter of postslavery race relations-including new insight into Douglass's controversial "do nothing" doctrine. Myers argues that Douglass's political thought at its core is both more coherent and more defensible in substance than his critics acknowledge. He maintains that Douglass was right in finding the natural rights principles of the Declaration a sufficient theoretical basis for addressing the nation's racial problems and contends that his hopefulness for the demise of slavery and white supremacy was marked by moderation and realism. Myers finds in Douglass's political thought the foundations of a revitalized argument for the mainstream civil rights, integrationist tradition of African American political thought. His analysis offers a new way of looking at an important thinker, as well as a compelling case for hoping that race relations in America will improve over time.
The integrated solutions for Brealey's Principles of Corporate Finance have been specifically designed to help improve student performance, meaning that students are prepared for class and can successfully solve problems and analyse the results. Resources within Connect Finance provide unlimited opportunities for students to practice solving financial problems and apply what they've learned. Brealey's world-leading content showing managers how to use financial theory to solve practical problems combined with a complete digital solution will help students achieve higher outcomes in the course. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.
Nearly 600 Bible authorities have contributed to this complete, up-to-date volume featuring nearly 5,000 alphabetically ordered articles explaining all the books, persons, places, and significant items found in the Bible. 115 photos. 16 color maps.
We cannot understand our current political situation and the scholarship used to comprehend our politics without taking full account of the Progressive revolution of a century ago. This fundamental shift in studying the political world relegated the theory and practice of the Founders to an antiquated historical phase. By contrast, our contributors see beyond the horizon of Progressivism to take account of the Founders' moral and political premises. By doing so they make clear the broader context of current political science disputes, a fitting subject as American professional political science enters its second century. The contributors to the volume specify the changes in the new world that Progressivism brought into being. Part I emphasizes the contrast between various Progressives and their doctrines, and the American Founding on political institutions including the presidency, political parties, and the courts; statesmen include Frederick Douglass, Theodore Roosevelt, Woodrow Wilson, and John Marshall. Part II emphasizes the radical nature of Progressivism in a variety of areas critical to the American constitutional government and self-understanding of the American mind. Subjects covered include social science, property rights, Darwinism, free speech, and political science as a liberal art. The essays provide intellectual guidance to political scientists and indicate to political practitioners the peculiar perspectives embedded in current political science. Published in cooperation with The Claremont Institute.
Capital Investment and Valuation addresses the many ways in which corporations value assets and make investment decisions. Filled with information and ideas that are both thought provoking and functional, it provides an indispensable look into the theory and mechanics of valuation and investing, including: the six ideas that must be understood for effective capital investment and valuation; cost/benefit analyses of mergers, buyouts, spinoffs, and other corporate control issues; and strategies for creating shareholder value through integrated investment and operation programs. -- Book jacket.
University Coeducation in the Victorian Era chronicles the inclusion of women in state-supported male universities during the nineteenth century. Based on primary sources produced by the administrators, faculty, and students, or other contemporary Victorian writers, this book provides insight from multiple perspectives of an important step in the progress of gender relations in higher education and society at large. By studying twelve institutions in the United States, and another twelve in the United Kingdom, the comparative scope of the work is substantial and brings local, regional, national, and international questions together, while not losing sight of individual university student experiences.
It is common to assert that utility investors are compensated in the allowed rate of return for the risk of large disallowances, such as arise for investments found imprudent or not `used and useful'. However, this book develops a new theory of asymmetric regulatory risk that shows that infallible estimates of the cost of capital are sure to provide downward-biased estimates of the necessary allowed rates of return in the presence of such regulatory risks. The book uses the new theory of regulatory risk to understand recent developments in the risk of natural gas pipelines and other regulated industries.
Building upon the work of Donald Schon, this edited collection expands the research into the idea of the reflexive practice - understanding how to create better solution-oriented practices for business during turbulent and chaotic situations.
Using the author's street savvy rehab business plan, those with little or no money and no handyman skills can still profitably participate as rehabber/resellers. Myers explain how to incorporate all the costs, including using outside labor, to arrive at the initial purchase price.
The features of this text include: the six lessons of market efficiency; patterns of corporate financing; stockholders' rights; convertible securities; duration and volatility of debt; hedging with futures; debt borrowing issues; and risk management, both domestic and international.
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