Trusts is an increasingly important part of will planning in Scotland. This text provides important information on the ways in which such procedures are administered in England, demonstrating how similar concepts could be incorporated into Scottish law.
How did economic and financial factors determine how America waged war in the twentieth century? This important new book exposes the influence of economics and finance on the questions of whether the nation should go to war, how wars would be fought, how resources would be mobilized, and the long-term consequences for the American economy. Ranging from the Spanish-American War to the Gulf War, Hugh Rockoff explores the ways in which war can provide unique opportunities for understanding the basic principles of economics as wars produce immense changes in monetary and fiscal policy and so provide a wealth of information about how these policies actually work. He shows that wars have been more costly to the United States than most Americans realize as a substantial reliance on borrowing from the public, money creation and other strategies to finance America's war efforts have hidden the true cost of war.
Winner of the Gold Award in the Tenth Annual Robert Bruss Real Estate Book Competition 24 Hour Cities is the very first full length book about America’s cities that never sleep. Over the last fifty years, the nation’s top live-work-play cities have proven themselves more than just vibrant urban environments for the elite. They are attracting a cross-section of the population from across the U.S. and are preferred destinations for immigrants of all income strata. This is creating a virtuous circle wherein economic growth enhances property values, stronger real estate markets sustain more reliable tax bases, and solid municipal revenues pay for better services that further attract businesses and talented individuals. Yet, just a generation ago, cities like New York, Boston, Washington, San Francisco, and Miami were broke (financially and physically), scarred by violence, and prime examples of urban dysfunction. How did the turnaround happen? And why are other cities still stuck with the hollow downtowns and sprawling suburbs that make for a 9-to-5 urban configuration? Hugh Kelly’s cross-disciplinary research identifies the ingredients of success, and the recipe that puts them together.
Are entrepreneurs essentially the same everywhere? Are the processes of entrepreneurship similar? Or are they shaped by their environments? If so, how? This study brings insights from entrepreneurship to comparative institutions and varieties of capitalism, and vice versa, and draws on two surveys and 25 case interviews in both the UK and Japan.
During an election speech in 1957 the Prime Minister, Harold Macmillan, famously remarked that 'most of our people have never had it so good'. Although taken out of context, this phrase soon came to epitomize the sense of increased affluence and social progress that was prevalent in Britain during the 1950s and 1960s. Yet, despite the recognition that Britain had moved away from an era of rationing and scarcity, to a new age of choice and plenty, there was simultaneously a parallel feeling that the nation was in decline and being economically outstripped by its international competitors. Whilst the study of Britain's postwar history is a well-trodden path, and the paradox of absolute growth versus relative decline much debated, it is here approached in a fresh and rewarding way. Rather than highlighting economic and industrial 'decline', this volume emphasizes the tremendous impact of rising affluence and consumerism on British society. It explores various expressions of affluence: new consumer goods; shifting social and cultural values; changes in popular expectations of policy; shifting popular political behaviour; changing attitudes of politicians towards the electorate; and the representation of affluence in popular culture and advertising. By focusing on the widespread cultural consequences of increasing levels of consumerism, emphasizing growth over decline and recognizing the rising standards of living enjoyed by most Britons, a new and intriguing window is opened on the complexities of this 'golden age'. Contrasting growing consumer expectations and demands against the anxieties of politicians and economists, this book offers all students of the period a new perspective from which to view post-imperial Britain and to question many conventional historical assumptions.
This book proposes a new way to approach comparative international development by focusing on time and timing in economic and social development. The UK industrialized over two centuries, and then started to de-industrialize in the late 1960s. Today, the most rapid developers experience aspects of industrialization and de-industrialization simultaneously. It is no longer clear that industrialization offers the path of growth it once did; industrialization has become 'thin.' Demographic and social challenges that earlier developers faced sequentially now come at the same time. Rapid growers experience compression most acutely, but the spatial and temporal fusing of past and present is widespread, affecting high-, middle-, and lower-income countries alike. Timing refers to the differences in historical periods in which development takes place. The geopolitical, institutional and technological environment for countries recently integrated into the global economy has been vastly different from that of the preceding postwar decades of 'embedded liberalism,' although it does contain echoes of the 'first globalization' and 'first financialization' a century ago. The first era of liberalism did not end well, and the second is similarly foundering on the rocks of nationalism and protectionism, as it is being battered by a global pandemic. The authors propose an interdisciplinary conceptual framework based on co-evolving state-market and organization-technology dyads, which will help readers make sense of contemporary development across multiple societies, sectors and geographies, and provide a template for historical comparison.
Personal property security is an important subject in commercial practice, as it is the key to much of the law of banking and sale. This second edition has been fully updated and expanded to cover all important issues and changes within this highly complex area of law. It explains traditional methods of securing debts (such as mortgages, charges, and pledges) on property other than land, describing how these are created, how they must be registered (or otherwise 'perfected') if they are to be valid, the rights and duties of the parties, and how the security is enforced if the debt is not paid. The new edition includes an expanded section on priorities in which it explains how 'priority' disputes between competing interests over the same property are resolved. In addition the book covers the law governing other transactions that perform a similar economic function (such as finance leases, retention of title clauses, and sales of a company's book debts). These are not currently treated by the law as security and are therefore subject to different rules on perfection, priority, and enforcement. There is much expansion of the discussion relating to enforcement including the issue of 'right of use' following Lehman, more analysis on administration and all forms of non-possessory security and quasi-security, and a new chapter on enforcement of security addressing the right of appropriation under FC/FCAR and the Cukurova case. The conflict of laws section includes developments under the Rome I Regulation affecting assignment issues, the UNIDROIT Convention 2009 in relation to tiered holdings and the Cape Town Convention's extensions made to coverage of asset-backed security over equipment. It also addresses the changes brought about by the abolition of Slavenburg registration. This edition contains relevant points from the Banking Act 2009 concerning its impact on security, such as the power to protect certain interests on a transfer of property, and also considers amendments regarding liquidators' expenses under the Insolvency Rules. The authors additionally deal with the role of step-in rights and why they are part of the statutory definition of project finance in the Enterprise Act. Previously published as The Law of Personal Property Security, this new edition brings together all of the law on this complex area, providing guidance in the context of commercial practice, especially with increased coverage of conflict of laws, priority, insolvency, and enforcement.
Human capital theory, or the notion that there is a direct relationship between educational investment and prosperity, has governed Western approaches to education and labor for the past fifty years. However, many degree recipients have experienced the opposite. This book demonstrates that the human capital story is one of a failed revolution that requires an alternative approach to education, jobs, and income inequalities. Rather than abandoning human capital theory, the book calls for a broader view of education not merely as schooling, but as the process of acquiring the skills necessary to take on a flexible range of jobs and roles. In a rapidly changing job market, workers will need to capitalize on the skills, talents, and personality traits that they have honed through a lifetime of learning, rather than their academic credentials. A controversial challenge to the reigning ideology on economics and education, this text provides important insights into the current plight of the overqualified, underemployed labor market"--
This invaluable account provides an excellent introduction to the Presidency of John F. Kennedy. To understand Kennedy's aims and achievements in the White House, it looks at Kennedy the man and outlines his background and early career and the influences upon him. Hugh Brogan shows Kennedy as a credible statesman, a man of solid achievement. His record as President was, broadly, impressive and would have been more so had he lived.
A brilliant critical and fresh look at the public choice school of thought.' - Paul Streeten This book challenges theories of public goods, public enterprise and public choice on three fronts. Government action reflects wider interests and commitments than just the material self-interest assumed as primary by the three theories. Government contributes to the productivity and quality of the modern mixed economy in ways not captured by theories stressing the inherent superiority of private markets. Lastly, old and new ideas within established traditions of political thought justify government action beyond the libertarian argument for limited government.
No Sacred Place offers a critical study of social injustice done at the behest of law and religion in the context of cultural politics in Christianized societies. Author Ivan Walters theorizes the causes of social injustice and oppression of marginalized peoples as found in the law and Christian theology in both modern and post-modern cultural politics. He advances a theory of redemption through a transgressive discourse that challenges most of the traditional assumptions of Eurocentric Christianity and jurisprudence. Walters sees law and religion as two powerful, politico-cultural institutions that must be kept in check in order to protect the rights of those who are marginalized by the society. History reveals a litany of horrors that have been perpetrated on marginalized peoples by both religious bigotry and the law. Through theological and jurisprudential theoretical inquiries, Walters advocates a thesis of at-one-ment through the historical Christus instead of the Christianitys bastardized version of the Christus. His thesis then is grounded in a theory of challenge and resistance to oppression and the advocacy of the possibilities for redemption from oppression. No Sacred Place challenges the church in particular and society in general to create a new social order and right the wrongs of the current system.
This new title will help solicitors to advise clients on tax planning in relation to wills and trusts, and will also help solicitors to deal with tax issues arising during the administration of estates.
In Solitude, for Company' contains two hitherto unpublished lectures. The first of these, introduced by Nicholas Jenkins, is on the theme of vocation. It was delivered during the war years, when Auden, newly arrived in the United States, was redefining his sense of his own vocation. The second lecture, given near the end of his life, discusses the work of Sigmund Freud. Katherine Bucknell sets this lecture in context with a full examination of Auden's intensely ambivalent attitude to Freud. The classicist G.W. Bowersock introduces the text of Auden's unpublished 1966 essay on 'The Fall of Rome' in which Auden draws a powerful series of parallels between the end of Roman civilization and the decline of our own society. Also included is a generous and fully-annotated selection of Auden's correspondence with his close friends James and Tania Stern which reveals much new and important biographical information.
Since the Anglo-Norman period itself, the relations beween the English and the Normans have formed a subject of lively debate. For most of that time, however, complacency about the inevitability of assimilation and of the Anglicization of Normans after 1066 has ruled. This book first challenges that complacency, then goes on to provide the fullest explanation yet for why the two peoples merged and the Normans became English. Drawing on anthropological theory, the latest scholarship on Anglo-Norman England, and sources ranging from charters and legal documents to saints' lives and romances, it provides a complex exploration of ethnic relations on the levels of personal interaction, cultural assimilation, and the construction of identity. As a result, the work provides an important case study in pre-modern ethnic relations that combines both old and new approaches, and sheds new light on some of the most important developments in English history.
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