“Mervyn King may well have written the most important book to come out of the financial crisis. Agree or disagree, King’s visionary ideas deserve the attention of everyone from economics students to heads of state.” —Lawrence H. Summers Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance. The Industrial Revolution built the foundation of our modern capitalist age. Yet the flowering of technological innovations during that dynamic period relied on the widespread adoption of two much older ideas: the creation of paper money and the invention of banks that issued credit. We take these systems for granted today, yet at their core both ideas were revolutionary and almost magical. Common paper became as precious as gold, and risky long-term loans were transformed into safe short-term bank deposits. As King argues, this is financial alchemy—the creation of extraordinary financial powers that defy reality and common sense. Faith in these powers has led to huge benefits; the liquidity they create has fueled economic growth for two centuries now. However, they have also produced an unending string of economic disasters, from hyperinflations to banking collapses to the recent global recession and current stagnation. How do we reconcile the potent strengths of these ideas with their inherent weaknesses? King draws on his unique experience to present fresh interpretations of these economic forces and to point the way forward for the global economy. His bold solutions cut through current overstuffed and needlessly complex legislation to provide a clear path to durable prosperity and the end of overreliance on the alchemy of our financial ancestors.
Now in paperback, the second edition of the Oxford Textbook of Critical Care is a comprehensive multi-disciplinary text covering all aspects of adult intensive care management. Uniquely this text takes a problem-orientated approach providing a key resource for daily clinical issues in the intensive care unit. The text is organized into short topics allowing readers to rapidly access authoritative information on specific clinical problems. Each topic refers to basic physiological principles and provides up-to-date treatment advice supported by references to the most vital literature. Where international differences exist in clinical practice, authors cover alternative views. Key messages summarise each topic in order to aid quick review and decision making. Edited and written by an international group of recognized experts from many disciplines, the second edition of the Oxford Textbook of Critical Careprovides an up-to-date reference that is relevant for intensive care units and emergency departments globally. This volume is the definitive text for all health care providers, including physicians, nurses, respiratory therapists, and other allied health professionals who take care of critically ill patients.
The career of Louise Bennett ('Miss Lou') is an essential component in any reckoning of Jamaican culture. This book offers a brief account of her life (1919-2006): a story of challenges and blessings, of a journey towards national and international acclaim. It draws on a variety of sources, including interviews, archives, academic theses, documentary projects, recorded performances and Louise Bennett's own writings. It also offers an assessment of Miss Lou's contribution to the arts. She was a key figure in the transformation of the Little Theatre Movement pantomime; a generous, well trained actor; an expert creator of Anancy stories; a television personality regularly engaging with children; a distinctive radio commentator; a laughing poet evaluating attitudes, sometimes with complex irony. Miss Lou used Standard English comfortably in many contexts, and did not wish the country rid of it; but she chose in most of her creative work to employ the language most Jamaicans speak. Her ebullient delight in Jamaican Creole spread joy and promoted respect. A diligent researcher into Jamaican heritage, she acknowledged its various streams, but was especially concerned with continuities out of Africa. When the Asian culture and the European culture buck up on African culture in the Caribbean people, we stir them up and blend them to we flavour, we shake them up and move them to we beat, we wheel them and we tu'n them and we rock them and we sound them and we temper them, and lawks, the rhythm sweet! Her name is frequently invoked by Jamaicans, especially in relation to national identity. As 'Jamaica's First Lady of Comedy' she delighted audiences in many parts of the world, and her publications have been praised internationally.
Headache: Through the Centuries illuminates the history of headaches with a particular interest in how the disorder has been understood and treated since the earliest recorded accounts, dating from around 4000 BC. Different types of headache were being recognized as early as the 2nd century AD. Over the years, though, the classification of types of headache has changed so that headache patterns described in the past are often difficult to relate to present-day types of headache. Since that time, a great deal of material on the topic has become available, the full gamut of manifestations of the disorder has been described, and considerable insight into its mechanisms has been obtained, though no completely satisfactory explanation of the disorder has yet become available. Providing an extensive history and the development of our understanding of headache over the course of six millennia, Headache: Through the Centuries is thought-provoking and relevant reading for neurologists, medical historians, and anyone interested in headaches.
Judaism, Christianity and Islam all impose obligations and constraints upon the rightful use of wealth and earthly resources. All three of these religions have well-researched views on the acceptability of practices such as usury but the principles and practices of other, non-interest, financial instruments are less well known. This book examines each of these three major world faiths, considering their teachings, social precepts and economic frameworks, which are set out as a guide for the financial dealings and economic behaviour of their adherents.
Claude Ball marries his childhood sweetheart and works in her father’s garage which he takes over when his father-in-law dies. After his wife dies he sells the garage, and becomes involved in the local naturist club which he then buys. There are problems with the local lads and the naturists take action. This is publicised by the local paper and gives great amusement to the town. Meanwhile, the new owner of the garage and his secretary cause mayhem in the hotel after a sexy romp on a business trip. The secretary marries a car salesman from the garage and they cause chaos on a motorway whilst driving a big American car. There is also more chaos when the local hunt gets out of control and causes havoc by crashing into the naturist club grounds.
Global civil society and the society of democratic states are the two most inclusive and powerful global practices of our time. In this book, Frost claims that, without an understanding of the role that individual human rights play in these practices, no adequate understanding of any major feature of contemporary world politics from 'globalisation' to 'new wars' is possible. Constituting Human Rights, therefore argues that a concern with human rights is essential to the study of International Relations.
The Biology of the Monotremes is an attempt to make available all gathered information about monotremes to the greater public. This book specifically targets the students, newly graduates, teachers, and researchers interested in the study of life processes and evolution. This book comprises of 10 chapters. Each chapter except Chapter 10 discusses three genera - Ornithorhynchus, Tachyglossus, and Zaglossus. Chapter 1 serves as an introduction to the subject matter. It covers the discovery and general anatomy of the monotremes. In accordance, Chapter 2 discusses the different kinds of monotremes and its other aspects. Aside from the mentioned genera, it also includes Obdurodon insignis. In Chapter 3, the food and feeding habits of the monotremes is given focus. Meanwhile, the varied physiology of monotremes is the subject of Chapter 4, and temperature regulation in Chapter 5. A more detailed and thorough discussion regarding the anatomy of the monotremes is provided in Chapters 6 through 9. The discussion covers topics including the glands in the endocrine and immune systems, as well as special senses, organs, and behavior of monotremes. Its reproduction and embryology is also discussed. This book explains as well the mammal's lactation, composition of the milk, sucking, and growth of the young. Lastly, Chapter 10 provides the readers with four differing views regarding the relationship of the monotremes with the rest of the mammals.
This book sets out the basic materials science needed for understanding the plastic deformation of rocks and minerals. Although at atmospheric pressure or at relatively low environmental pressures, these materials tend to be brittle, that is, to fracture with little prior plastic deformation when non-hydrostatically stressed, they can undergo substantial permanent strain when stressed under environmental conditions of high confining pressure and high temperature, such as occur geologically in the Earth’s crust and upper mantle. Thus the plastic deformation of rocks and minerals is of fundamental interest in structural geology and geodynamics. In mountain-building processes and during convective stirring in the Earth’s mantle, rocks can undergo very large amounts of plastic flow, accompanied by substantial changes in microstructure. These changes in microstructure remain in the rocks as evidence of the past deformation history. There are a number of types of physical processes whereby rock and minerals can undergo deformation under geological conditions. The physics of these processes is set out in this book.
This issue of Critical Care Clinics, edited by Mervyn singer and Manu Shankar-Hari, includes: Sepsis 3.0 Definitions; Epidemiology and Outcomes; Pathophysiology of sepsis; Pathophysiology of Septic shock; Mechanism of organ dysfunction in sepsis; Endocrine and metabolic alterations in sepsis: challenges and treatments; The immune system in sepsis; Nutrition and Sepsis; Common sense approach to managing sepsis; Biomarkers for sepsis and their use; Personalizing sepsis care; Novel interventions - What’s new and the future; and Long term outcomes following Sepsis.
There is widespread acceptance of the importance of infrastructure, but less agreement about how it should be funded and procured. While most public infrastructure is still provided in-house or by traditional procurement methods – with well-researched strengths and weaknesses – the development of service concession arrangements has seen a greater emphasis on lifecycle costing, risk assessment and asset design as featured in a variety of public private partnership (PPP) delivery models. This book examines the various procurement approaches, and provides a framework for comparing their advantages and disadvantages. Drawing on international experience, it considers some of the best and worst examples of PPPs, and infrastructure projects generally, along with the lessons for improving infrastructure procurement processes.
Advances our understanding of global and international relations through a ground-breaking philosophical analysis of social practices indebted to Oakeshott, Wittgenstein and Hegel.
This book provides a comprehensive and lively introduction to the major trends in film scoring from the silent era to the present day, focussing not only on dominant Hollywood practices but also offering an international perspective by including case studies of the national cinemas of the UK, France, India, Italy, Japan and the early Soviet Union. The book balances wide-ranging overviews of film genres, modes of production and critical reception with detailed non-technical descriptions of the interaction between image track and soundtrack in representative individual films. In addition to the central focus on narrative cinema, separate sections are also devoted to music in documentary and animated films, film musicals and the uses of popular and classical music in the cinema. The author analyses the varying technological and aesthetic issues that have shaped the history of film music, and concludes with an account of the modern film composer's working practices.
Echidnas, Volume 38 presents the scientific classification of the mammal echidnas. This book describes the characteristics, behavior, reproduction, embryology, anatomy, and physiology of the spiny anteaters, Tachyglossidae. Organized into 11 chapters, this volume begins with an overview of the natural history, classification, and physical characteristics of echidnas. This text then examines the food intake and digestion mechanisms of echidnas whereby the ground-up insects in the buccal cavity are permeated with saliva secreted by the sublingual, subaxillary, and parotid salivary glands. Other chapters describe various stages in the development of echidna embryos and pouch young. This book discusses as well the primary division of the central nervous system of echidnas, including the prosencephalon, mesencephalon, and rhombencephalon. The final chapter deals with the similar anatomical characteristics that anteaters exhibit, and describes also their differences in the grinding techniques, forelimb anatomy, and stomach structures. This book is a valuable resource for biologists and zoologists.
ÔRichard Iley and Mervyn Lewis have written an extremely useful book on the global economy since the Western financial crisis. Well-written, well-informed and easily accessible to non-economists, it offers much good sense about many questions, from the future of the renminbi to that of the United States. They wisely urge that, as ChinaÕs rise continues, the United States should engage with China rather than resist it. This is a book full of good judgement that deserves a wide readership.Õ Ð Martin Jacques, author, When China Rules the World: The End of the Western World and the Birth of a New Global Order ÔThe interplay between the macro-economic imbalances, notably in the relationship between the USA and China, and the more micro-economic shortcomings of the WestÕs financial systems, particularly the lax regulation, forms the centre-piece of this excellently written book. In the disputes about the relative culpability of China and the USA for current macro-economic problems, they tend to support the Chinese arguments, and give well-considered arguments for so doing. This book provides an excellent, clear, and at times provocative, assessment of the course of the macro-monetary problems of the world since the Ògreat recessionÓ struck.Õ Ð Charles A.E. Goodhart, London School of Economics, UK This thought-provoking book addresses challenging questions raised in light of the aftermath of the global financial crisis that saw an accelerated rise in the economic growth of China and other emerging market economies, while the US, Japan and Europe have laboured under the great recession. The authors examine global post-crisis reordering in a long-run context, identify five fundamental flaws in global bank business models and document the explosion of gross capital flows. They tackle difficult-to-answer lines of enquiry such as: can zero interest rates and quantitative easing lift the advanced world back to growth, or will they be dragged down by the overhang of debt? Might costs on savers, retirees and distortions to the pattern of global financing render zero rates counter-productive? What issues face the BRICs? Could ÔChina as number oneÕ see the renminbi soon challenge the dollar and the euro as a major international currency? Providing a detailed analysis of the post-crisis world and the issues posed by the rise of China and emerging market economies relative to developed countries, this book will prove a stimulating account for academics, students and researchers in the fields of economics, money, finance and banking, and world trade. Bank and market economists as well as policymakers based in central banks, governments and think-tanks will also find this book to be an invaluable reference tool.
This book addresses the relationship between Moscow and Havana in the period from the Russian Revolution through the present, i.e. from November 1917 onwards. Its release is particularly timely, due to both November 2017 being the 100th anniversary of the Russian Revolution, as well as the historic election in Cuba in April 2018, when Miguel Díaz-Canel replaced Raúl Castro as the President of Cuba. Traditionally, Moscow’s interest in Cuba has been thought to have been ignited by the Cuban Revolution in January 1959 and ended by the implosion of the Soviet Union in December 1991. This book examines why a bilateral relationship has existed throughout the last century, specifically in three distinct periods: (1) from the time of the Russian Revolution until the Cuban Revolution, (2) from January 1959 until December 1991 and (3) the post-Soviet period from 1992 until the present. It also analyzes the questions of what within the relationship drew the two countries together in these three disparate periods when in only one, January 1959 to December 1991, did the relationship exist between two socialist governments. It offers a number of different conclusions, including that although each period of the relationship has its own peculiarities and nuances, a number of commonalities exist between the three eras. Consequently, it is posited that due to these commonalities, the contemporary bilateral relationship remains important for both countries, and is likely to continue in its present form for the short to medium term, despite the historic change which occurred in Cuba in April 2018.
Taxation—both corporate and personal—has been held responsible for the low investment and productivity growth rates experienced in the West during the last decade. This book, a comparative study of the taxation of income from capital in the United States, the United Kingdom, Sweden, and West Germany, establishes for the first time a common framework for analysis that permits accurate comparison of tax systems.
In the early 1980s the subject of violence in marriage was in danger of being overlooked once again, as new social problems dominated the political scene, and the Government pursued policies of retrenchment that were likely to deprive refuges of the necessary central government support. Yet improvements in the services for victims of marital violence were still urgently needed, as this study shows. Originally published in 1983, this book is based on research into the way practitioners in the medical, legal, and social services viewed marriage and violence at the time. It examines marital violence from a number of perspectives. Taking samples from groups of doctors, solicitors, social workers, health visitors, and women’s aid refuges, the authors have investigated the ways in which different agencies and practitioners respond to the problem of marital violence. They use a combination of statistical evidence and interviews with practitioners and the victims themselves to build up a picture of the extent of the problem – how it is defined, how much comes to the attention of the public services – and of the ways in which the attitudes and professional status of the practitioners form a response that is in varying degrees adequate or otherwise to deal with the problems that exist. The authors produce evidence to show that marital violence is still widespread, though largely hidden because of the way privacy determines family relationships. They show how present provisions are inadequate to deal with the problem, and make recommendations about ways of improving the services available to help battered women.
Solar Energy in the Winemaking Industry fully documents all aspects of the modern solar winery, beginning with the main drivers (environmental, economic and political) and detailing the current winemaking industry and solar technologies available. It details the various energy demands in the winemaking process from harvest to bottling and beyond. Solar Energy in the Winemaking Industry catalogues the range of wineries globally that have installed a substantial solar collecting system and uses case study material to give the reader an appreciation of the diversity of solar winery facilities. From large industrial-style wineries to boutique family-run wineries; from new state-of-the-art facilities to 15th-century palaces, the application for solar is limitless. The book deals finally with the physical design, installation and operation of the solar system within the winery environment, detailing the equipment, methodologies, processes and concerns that must be addressed in their creation. This presents the reader with a range of solar design and system options, including: generic system type; installation; mounting arrangements; operation; different module and inverter components and configurations; connection; and finance. Owners, managers and planners involved in the design, building or management of a winemaking facility will derive particular benefit from Solar Energy in the Winemaking Industry, but it will also be of interest to anyone with an interest in the wine or solar industries.
This account of an ethnomusicologist's experience conducting fieldwork offers a glimpse into the life of New Zealand's Maori people through his documentation of traditional songs. The audio recordings included span 1958 through 1979, a time when many of the culture's traditions were fading. Sensitive writing and attention to the challenges of anthropological fieldwork shed light on postcolonialism in New Zealand and its effects on Maori and Polynesian cultures and the continuance of traditional music.
Investigation into the influence of Eastern music on Britten's composition. Benjamin Britten's interest in the musical traditions of the Far East had a far-reaching influence on his compositional style; this book is the first to investigate the highly original cross-cultural synthesis he was able to achieve through the use of material borrowed from Balinese, Japanese and Indian music. Britten's visit to Indonesia and Japan in 1955-6 is reconstructed from archival sources, and shown to have had a profound impact on his subsequent work: the techniques of Balinese gamelan music were used in the ballet The Prince of the Pagodas (1957), and then became an essential feature of Britten's compositional style, at their most potent in Death in Venice(1973). The No drama and Gagaku court music of Japan were the inspiration for the trilogy of church parables Britten composed in the 1960s. The precise nature of these influences is discussed; Britten's sporadic borrowings from Indian music are also fully analysed. There is a survey of critical responses to Britten's cross-cultural experiments. Dr MERVYN COOKE lectures in music at the University of Nottingham.
Maori music records and analyses ancient Maori musical tradition and knowledge, and explores the impact of European music on this tradition. Mervyn McLean draws on diverse written and oral sources gathered over more than 30 years of scholarship and field work that yielded some 1300 recorded songs, hundreds of pages of interviews with singers, and numerous eye-witness accounts. The work is illustrated throughout with photos and music examples.
At its core, epidemiology is concerned with changes in health and disease. The discipline requires counts and measures: of births, health disorders, and deaths, and in order to make sense of these counts it requires a population base defined by place and time. Epidemiology relies on closely defined concepts of cause - experimental or observational - of the physical or social environment, or in the laboratory. Epidemiologists are guided by these concepts, and have often contributed to their development. Because the disciplinary focus is on health and disease in populations, epidemiology has always been an integral driver of public health, the vehicle that societies have evolved to combat and contain the scourges of mass diseases. In this book, the authors trace the evolution of epidemiological ideas from earliest times to the present. Beginning with the early concepts of magic and the humors of Hippocrates, it moves forward through the dawn of observational methods, the systematic counts of deaths initiated in 16th-century London by John Graunt and William Petty, the late 18th-century Enlightenment and the French Revolution, which established the philosophical argument for health as a human right, the national public health system begun in 19th-century Britain, up to the development of eco-epidemiology, which attempts to re-integrate the fragmented fields as they currently exist. By examining the evolution of epidemiology as it follows the evolution of human societies, this book provides insight into our shared intellectual history and shows a way forward for future study.
This book on the philosophy of critical realism and meta-Reality and its development is based on conversations between Roy Bhaskar, the originator of the philosophy, and Savita Singh, a distinguished Indian poet and social theorist. The wide range of topics covered include the priority of being over thought, reversing the traditional emphasis in the West; transcendence as an everyday phenomenon; the prefiguration of the good society in the characteristic labour of women; the metacritique of Nietzsche and Derrida, and of Marx and Marxism; recognition and immortality; and the principle of hermeticism: there is no authority but yourself. The book will appeal to anyone wanting to understand Roy Bhaskar’s thought, and offers a valuable resource for students and scholars interested in critical realism and its development.
Acting as a comprehensive resource for the study of Soviet foreign policy, this book analyzes the dynamic relationship between the Soviet Union and Cuba during the Gorbachev era.
This text provides a modern statement of the theory and practice of domestic and international banking and finance. Today, banks are no longer limited to retail deposit-taking and lending operations; they engage in wholesale banking activities, off-balance sheet business, and activities beyond domestic markets. The principles of all these types of bank services are lucidly discussed. Separate chapters provide general background on payments systems, Eurocurrency markets, bank safety and depositor protection. The authors' conception is unique in providing a comparative study in a geographical sense (they deal with banking in the U.S., Britain, and Australia) and in an institutional sense, tracing parallels between operations of banks and other financial institutions, particularly insurance companies. With the growing impact of financial innovations and the internationalization of financial markets, Domestic and International Banking is the innovative text needed for courses on monetary and banking policy and on capital markets and financial institutions. Mervyn K. Lewis is Midland Bank Professor of Money and Banking at the University of Nottingham, and Kevin T. Davis is Professor of Finance at the University of Melbourne.
This will help us customize your experience to showcase the most relevant content to your age group
Please select from below
Login
Not registered?
Sign up
Already registered?
Success – Your message will goes here
We'd love to hear from you!
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.