The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. Thoroughly updated to reflect the current sports landscape, The Economics of Sports introduces core economic concepts and theories and applies them to American and international sports. Updates for this sixth edition include: More coverage of international sports, including European football; A revised chapter on competitive balance, reflecting new techniques; A brand-new chapter on mega-events such as the Olympics and World Cup; New material on umpire bias; A completely redesigned chapter on amateur competition that focuses exclusively on intercollegiate sports. This chapter is also now modular, enabling instructors who wish to intersperse it with the other chapters to do so with greater ease. This accessible text is supported by a companion website which includes resources for students and instructors. It is the perfect text for advanced undergraduate and graduate courses on sports economics.
More than six years after the September 11 attacks, the close friendship forged between George W. Bush and John Howard remains. But in their nations more broadly, the common purpose has withered, drained by the sense that both men have failed the moral and intellectual challenges of that day. In this powerful and provocative book, Peter Beinart offers a new liberal vision, based on principles liberals too often forget: that America's greatness cannot simply be asserted, it must be proved. That American leadership is not American empire. And that liberalism cannot merely define itself against the right, but must fervently oppose the totalitarianism that stalks the Islamic world today. Peter Beinart's The Good Fight is a passionate rejoinder to the conservatives who have ruled Washington since 9/11. Beinart argues that America can again embrace the creed that brought it greatness in the past, but only if liberals remember that democracy begins at home. Above all, it is a call for liberals to revive the spirit that once swept America, and inspired the world.
Peter Gosselin predicted in High Wire that the American worker would take on an exceedingly high level of risk in the American economy, and would be ever more exposed to the volatility of the market. Today, Gosselin's worst fears have been realized. American families are walking a high wire in which a medical crisis, a natural disaster, or the loss of a job could send them into free fall. And as the housing crisis worsens and banks and insurers collapse, many have already fallen. High Wire reveals the quiet corrosion of American living standards and shows how the “ownership society” has turned into the “on-your-own society”—with devastating consequences.
Provides unique coverage of the prediction and experimentationnecessary for making predictions. Covers computational fluid dynamics and its relationship todirect numerical simulation used throughout the industry. Covers vortex methods developed to calculate and evaluateturbulent flows. Includes chapters on the state-of-the-art applications ofresearch such as control of turbulence.
Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements: * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind. * Good analysis should be framed in a second-best context-- simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation. * Any choice of pension system has risk-sharing and distributional consequences, which the book recognizes explicitly. Barr and Diamond's analysis includes labor markets, capital markets, risk sharing, and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country. Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to Chile and China.
Top Republican and Democratic economists explain why Obama's economic policies are failing and offer a commonsense blueprint for re-igniting long-term growth and prosperity for all Americans.
This is the eBook version of the printed book. This Element is an excerpt from Seeds of Destruction: Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American Prosperity (9780137027736) by Glenn Hubbard and Peter Navarro. Available in print and digital formats. Why the 2009 fiscal stimulus went so wrong—and what America needs to do instead. President Obama inherited a very difficult economic situation. Unemployment had climbed to a 16-year high, and economic recovery was nowhere in sight. He quickly turned over responsibility for designing the stimulus bill to congressional leadership. Harry Reid and Nancy Pelosi proved far more adept at crafting “sprawling, undisciplined” pork barrel legislation than a package likely to spur recovery and long-term growth.
With interest in topics such as climate change, energy security, and alternative energy sources being at an all-time high, the effects of today's decisions now rest on the shoulders of future generations. There are no easy answers to our energy issues, so costs and benefits must be considered when evaluating all energy alternatives; alongside that, prices must be right and need to reflect the full social costs to society of a given source of energy. Energy Economics outlines the fundamental issues and possible solutions to the challenges of energy production and use, and presents a framework for energy decisions based upon sound economic analysis. It considers market forces and policy goals, including economic prosperity, environmental protection, and other considerations that affect societal well-being. This book focuses on both energy choices and the impact of these choices on market performance, environmental conditions, and sustainability. The initial section covers the fundamental economic concepts for analyzing energy markets. Following this, a detailed analysis of established energy sources, specifically fossil fuels and nuclear energy, leads into consideration of energy alternatives such as renewable energy and next-generation alternatives. Electricity production and regulatory trends are covered in depth. The final section considers policy: environmental considerations, sustainability, and energy security. The concluding chapter is a comprehensive vision for our energy future. Drawing on current energy headlines, perspectives familiar from the popular press, and views outside economics, this text sharpens students' ability to understand, evaluate, and critique policy using appropriate economic analysis. The text builds a foundation that culminates in a view of a comprehensive energy policy that improves upon the vacillations of past decades.
This book discusses the methods used in helio- and asteroseismology for the collection, analysis and interpretation of data. It is the first comprehensive discussion of helioseismic and asteroseismic methodology, collecting techniques from over 300 research papers spread out over decades, with a critical discussion and inter-comparison. It enables the reader to follow the path of inference from the collection of the data at the telescope through to the understanding gained in terms of the modeling of solar and stellar physics and stellar evolution.By focusing on how results are obtained, rather than on the results themselves, this book provides the essential background needed to understand this field, which is rapidly advancing due to the availability of modern observing facilities both on the ground and in space. The material is accessible for advanced undergraduates and post-graduates, and provides an essential resource for researchers in the field./a
A detailed look at some of the more modern issues of hydrodynamic stability, including transient growth, eigenvalue spectra, secondary instability. It presents analytical results and numerical simulations, linear and selected nonlinear stability methods. By including classical results as well as recent developments in the field of hydrodynamic stability and transition, the book can be used as a textbook for an introductory, graduate-level course in stability theory or for a special-topics fluids course. It is equally of value as a reference for researchers in the field of hydrodynamic stability theory or with an interest in recent developments in fluid dynamics. Stability theory has seen a rapid development over the past decade, this book includes such new developments as direct numerical simulations of transition to turbulence and linear analysis based on the initial-value problem.
When Bush came to office in 2001, the 10-year budget balance was officially projected to be at a surplus of $5.6 trillion. But after three big tax cuts, the bursting of the stock-market bubble, and the devastating effects of 9/11on the economy, the surplus has evaporated, and the deficit is expected to grow to $ 5-trillion over the next decade. The domestic deficit is only the half of it. Given our $500 billion trade deficit and our anemic savings rate, we depend on an unprecedented $2 billion of foreign capital every working day. If foreign confidence were to wane, this could lead to the dreaded hard landing. Peter G. Peterson--a lifelong Republican, chairman of the Blackstone Group, and former secretary of commerce under Nixon--shatters the myths with hard facts and a harrowing view of the twin deficit's real impact. Republicans and Democrats alike have mortgaged America's future through reckless tax cuts, out-of-control spending and Enron-style accounting in Congress. And the situation will only get worse as the Baby Boom generation begins to retire, making unprecedented demands on entitlement programs like Social Security and Medicare. Despite what Bush says, we are on a path that could end in economic meltdown, and we simply cannot grow out of the deficit. In Running On Empty, Peterson sounds the warning bell and prescribes a set of detailed solutions which, if implemented early, will prevent the need for draconian measures later. He takes us behind the politicians' smoke-and-mirror games, and forcefully explains what we must do to rescue the future of our country.
Aging populations. Weather shocks. Scarce water. Globalization. Security threats. Policymakers today confront a number of developments that threaten to burden public budgets for decades to come, or bankrupt some entirely. This book argues that governments need to make policy changes now to take account of the potential fiscal consequences of these developments. After describing how, if at all, analysts, national governments, and international organizations currently address these long-term issues, the book stresses the vital need for a multipronged approach, involving strengthened analyses, greater attention to long-term issues and risk factors in budgeting, and institutional reforms that address the myopic biases of politicians and the public.
How does social spending relate to economic growth and which countries have got this right and wrong? Peter Lindert examines the experience of countries across the globe to reveal what has worked, what needs changing, and who the winners and losers are under different systems. He traces the development of public education, health care, pensions, and welfare provision, and addresses key questions around intergenerational inequality and fiscal redistribution, the returns to investment in human capital, how to deal with an aging population, whether migration is a cost or a benefit, and how social spending differs in autocracies and democracies. The book shows that what we need to do above all is to invest more in the young from cradle to career, and shift the burden of paying for social insurance away from the workplace and to society as a whole.
This is an advanced textbook on the subject of turbulence, and is suitable for engineers, physical scientists and applied mathematicians. The aim of the book is to bridge the gap between the elementary accounts of turbulence found in undergraduate texts, and the more rigorous monographs on the subject. Throughout, the book combines the maximum of physical insight with the minimum of mathematical detail. Chapters 1 to 5 may be appropriate as background material for an advanced undergraduate or introductory postgraduate course on turbulence, while chapters 6 to 10 may be suitable as background material for an advanced postgraduate course on turbulence, or act as a reference source for professional researchers. This second edition covers a decade of advancement in the field, streamlining the original content while updating the sections where the subject has moved on. The expanded content includes large-scale dynamics, stratified & rotating turbulence, the increased power of direct numerical simulation, two-dimensional turbulence, Magnetohydrodynamics, and turbulence in the core of the Earth
This organizational history relates the role of the National Science Foundation (NSF) in the development of modern computing. Drawing upon new and existing oral histories, extensive use of NSF documents, and the experience of two of the authors as senior managers, this book describes how NSF’s programmatic activities originated and evolved to become the primary source of funding for fundamental research in computing and information technologies. The book traces how NSF's support has provided facilities and education for computing usage by all scientific disciplines, aided in institution and professional community building, supported fundamental research in computer science and allied disciplines, and led the efforts to broaden participation in computing by all segments of society. Today, the research and infrastructure facilitated by NSF computing programs are significant economic drivers of American society and industry. For example, NSF supported work that led to the first widely-used web browser, Netscape; sponsored the creation of algorithms at the core of the Google search engine; facilitated the growth of the public Internet; and funded research on the scientific basis for countless other applications and technologies. NSF has advanced the development of human capital and ideas for future advances in computing and its applications. This account is the first comprehensive coverage of NSF's role in the extraordinary growth and expansion of modern computing and its use. It will appeal to historians of computing, policy makers and leaders in government and academia, and individuals interested in the history and development of computing and the NSF.
A companion to Oliver Stone’s ten-part documentary series of the same name, this guide offers a people’s history of the American Empire: “a critical overview of US foreign policy…indispensable” (former Soviet president Mikhail Gorbachev); “brilliant, a masterpiece!” (Daniel Ellsberg); “Oliver Stone’s new book is as riveting, eye-opening, and thought-provoking as any history book you will ever read. It achieves what history, at its best, ought to do: presents a mountain of previously unknown facts that makes you question and re-examine many of your long-held assumptions about the most influential events” (Glenn Greenwald). In November 2012, Showtime debuted a ten-part documentary series based on Oliver Stone and Peter Kuznick’s The Untold History of the United States. The book and documentary looked back at human events that, at the time, went underreported, but also crucially shaped America’s unique and complex history over the twentieth century. From the atomic bombing of Japan to the Cold War and fall of Communism, this concise version of the larger book is adapted for the general reader. Complete with poignant photos, arresting illustrations, and little-known documents, The Concise Untold History of the United States covers the rise of the American empire and national security state from the late nineteenth century through the Obama administration, putting it all together to show how deeply rooted the seemingly aberrant policies of the Bush-Cheney administration are in the nation’s past and why it has proven so difficult for Obama to change course. In this concise and indispensible guide, Kuznick and Stone (who Pulitzer Prize-winning historian Garry Wills has called America’s own “Dostoevsky behind a camera”) challenge prevailing orthodoxies to reveal the dark truth about the rise and fall of American imperialism.
Active labor market policies (ALMPs) are found in almost all countries of the world but differ in amplitude, design, and implementation. Comprising an array of measures, ALMPs can take the form of special support for job searching, training and education for the unemployed, and various other subsidies and job creation activities. While providing a valuable overview of the nature of these policies, this book examines some of the pitfalls and challenges countries face when evaluating them. It also provides a policy framework for designing ALMPs that are permanent yet adaptable instruments to cope with changes linked to globalization. Contents Introduction Historical background of ALMPs Definition and functions of ALMPs Contribution of ALMPs to the objectives of employment creation, security in change, equity and poverty reduction Differences in the utilization of ALMPs: Developed, transition and developing countries Evaluation of ALMPs New trends in ALMPs Conclusions: A framework for the management of change Bibliography
A unique primer on how to think intelligently about the thorniest public issues confronting us today Let's be honest, we've all expressed opinions about difficult hot-button issues without always thinking them through. With so much media spin, political polarization, and mistrust of institutions, it's hard to know how to think about these tough challenges, much less what to do about them. One Nation Undecided takes on some of today's thorniest issues and walks you through each one step-by-step, explaining what makes it so difficult to grapple with and enabling you to think smartly about it. In this unique what-to-do book, Peter Schuck tackles poverty, immigration, affirmative action, campaign finance, and religious objections to gay marriage and transgender rights. For each issue, he provides essential context; defines key concepts and values; presents the relevant empirical evidence; describes and assesses the programs that now seek to address it; and considers many plausible solutions. Schuck looks at all sides with scrupulous fairness while analyzing them rigorously and factually. Each chapter is self-contained so that readers may pick and choose among the issues that interest and concern them most. His objective is to educate rather than proselytize you—the very nature of these five issues is that they resist clear answers; reasonable people can differ about where they come out on them. No other book provides such a comprehensive, balanced, and accessible analysis of these urgent social controversies. One Nation Undecided gives you the facts and competing values, makes your thinking about them more sophisticated, and encourages you to draw your own conclusions.
Drawing on the political theology of Reinhold Niebuhr, described by Barack Obama as 'one of my favourite philosophers', this book assesses the challenges facing the President during his first term. It evaluates his success in adhering to Niebuhr's path of 'Christian realism' when faced with the pragmatic demands of domestic and foreign affairs. In 2008 Candidate Obama used the ideas of 'Hope' and 'Change' to inspire voters and secure the presidency. Obama promised change not only regarding America's policies, but even more fundamentally in the nation's political culture. Holder and Josephson describe the foundations of President Obama's Christian faith and the extent to which it has shaped his approach to politics. Their book explores Obama's journey of faith in the context of a broadly Augustinian understanding of faith and politics, examines the tensions between Christian realism and pragmatic progressivism, explains why a Christian realist interpretation is essential to understanding Obama's presidency, and applies this model of understanding to considerations of foreign and domestic policy. By combining this theological and political analysis the book offers a special opportunity to reflect on the relationship between Christian faith and statesmanship, reflections that are missing from current popular discussions of the Obama presidency. Through consideration of Niebuhr's models of the prophet and the statesman, and the more popular alternative of the political evangelist, Holder and Josephson are better able to explain the president's successes and his failures, and to unveil the Augustinian limits of the political life.
The first edition of this book was reviewed in 1982 as "the most extensive treatment of Pade approximants actually available." This second edition has been thoroughly updated, with a substantial new chapter on multiseries approximants. Applications to statistical mechanics and critical phenomena are extensively covered, and there are newly extended sections devoted to circuit design, matrix Pade approximation, and computational methods. This succinct and straightforward treatment will appeal to scientists, engineers, and mathematicians alike.
Journalist and business leader Barnes offers new understanding of why our middle class is withering and a powerful new solution for how to restore the middle class, reduce inequality, and make our economy more fair, prosperous, and sustainable"--
Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country—substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other—black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.
An in-depth look at the history, leadership, and structure of the Federal Reserve Bank The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate. Legal scholar and financial historian Peter Conti-Brown provides an in-depth look at the Fed's place in government, its internal governance structure, and its relationships to such individuals and groups as the president, Congress, economists, and bankers. Exploring how the Fed regulates the global economy and handles its own internal politics, and how the law does—and does not—define the Fed's power, Conti-Brown captures and clarifies the central bank's defining complexities. He examines the foundations of the Federal Reserve Act of 1913, which established a system of central banks, and the ways that subsequent generations have redefined the organization. Challenging the notion that the Fed Chair controls the organization as an all-powerful technocrat, he explains how institutions and individuals—within and outside of government—shape Fed policy. Conti-Brown demonstrates that the evolving mission of the Fed—including systemic risk regulation, wider bank supervision, and as a guardian against inflation and deflation—requires a reevaluation of the very way the nation's central bank is structured. Investigating how the Fed influences and is influenced by ideologies, personalities, law, and history, The Power and Independence of the Federal Reserve offers a uniquely clear and timely picture of one of the most important institutions in the United States and the world.
We often hear about the growing divide between rich and poor in America. This compelling exposé, backed by up-to-date research, locates the source of this trend where we might least expect to find it—in our schools. Written for a wide audience, Tearing Down the Gates is a powerful indictment of American education that shows how schools, colleges, and universities exacerbate inequality by providing ample opportunities for advantaged students while shutting the gates on the poor—and even the middle class. Peter Sacks tells the stories of young people and families as they struggle to negotiate the educational system. He introduces students like Ashlea, who grew up in a trailer park and who would like to attend college, though she faces constant obstacles that many of her more privileged classmates can't imagine. Woven throughout with voices of Americans both rich and poor, Tearing Down the Gates describes a disturbing situation that has the potential to undermine the American dream, not just for some, but for all of us. At the heart of this book is a question of justice, and Sacks demands that we take a hard look at what equal opportunity really means in the United States today.
In recent years the mathematical modeling of charge transport in semi conductors has become a thriving area in applied mathematics. The drift diffusion equations, which constitute the most popular model for the simula tion of the electrical behavior of semiconductor devices, are by now mathe matically quite well understood. As a consequence numerical methods have been developed, which allow for reasonably efficient computer simulations in many cases of practical relevance. Nowadays, research on the drift diffu sion model is of a highly specialized nature. It concentrates on the explora tion of possibly more efficient discretization methods (e.g. mixed finite elements, streamline diffusion), on the improvement of the performance of nonlinear iteration and linear equation solvers, and on three dimensional applications. The ongoing miniaturization of semiconductor devices has prompted a shift of the focus of the modeling research lately, since the drift diffusion model does not account well for charge transport in ultra integrated devices. Extensions of the drift diffusion model (so called hydrodynamic models) are under investigation for the modeling of hot electron effects in submicron MOS-transistors, and supercomputer technology has made it possible to employ kinetic models (semiclassical Boltzmann-Poisson and Wigner Poisson equations) for the simulation of certain highly integrated devices.
Globally, over the next 40 years, the number of people, aged 60 and over is set to grow by one and a quarter billion. More than 80 per cent of these people will be living in developing regions, such as Asia, Africa, and Latin America. What are the implications of this for the world? What will old age be like for these people? This book offers a general, critical review of the current state of knowledge on population ageing and older people in developing countries. It combines a wide range of perspectives from development studies, social gerontology, social policy, and demography into a single, original, and coherent book. It examines the neglected topic of ageing and international development alongside the experiences of older people. Population Ageing and International Development will be the main reference point for teaching and research in the field.
Appropriate for advanced undergraduate and graduate students in a variety of scientific and engineering fields, this text introduces linear and nonlinear problems and their associated models. The first part covers linear systems, emphasizing perturbation or approximation techniques and asymptotic methods. The second part comprises nonlinear problems, including weakly nonlinear oscillatory systems and nonlinear difference equations. The two parts, both of which include exercises, merge smoothly, and many of the nonlinear techniques arise from the study of the linear systems. 1990 edition. 70 figures. 4 tables. Appendix. Index.
Experts of fluid dynamics agree that turbulence is nonlinear and nonlocal. Because of a direct correspondence, nonlocality also implies fractionality. Fractional dynamics is the physics related to fractal (geometrical) systems and is described by fractional calculus. Up-to-present, numerous criticisms of linear and local theories of turbulence have been published. Nonlinearity has established itself quite well, but so far only a very small number of general nonlocal concepts and no concrete nonlocal turbulent flow solutions were available. This book presents the first analytical and numerical solutions of elementary turbulent flow problems, mainly based on a nonlocal closure. Considerations involve anomalous diffusion (Lévy flights), fractal geometry (fractal-β, bi-fractal and multi-fractal model) and fractional dynamics. Examples include a new ‘law of the wall’ and a generalization of Kraichnan’s energy-enstrophy spectrum that is in harmony with non-extensive and non-equilibrium thermodynamics (Tsallis thermodynamics) and experiments. Furthermore, the presented theories of turbulence reveal critical and cooperative phenomena in analogy with phase transitions in other physical systems, e.g., binary fluids, para-ferromagnetic materials, etc.; the two phases of turbulence identifying the laminar streaks and coherent vorticity-rich structures. This book is intended, apart from fluids specialists, for researchers in physics, as well as applied and numerical mathematics, who would like to acquire knowledge about alternative approaches involved in the analytical and numerical treatment of turbulence.
Lax and Nirenberg are two of the most distinguished mathematicians of our times. Their work on partial differential equations (PDEs) over the last half-century has dramatically advanced the subject and has profoundly influenced the course of mathematics. A huge part of the development in PDEs during this period has either been through their work, motivated by it or achieved by their postdocs and students. A large number of mathematicians honored these two exceptional scientists in a week-long conference in Venice (June 1996) on the occasion of their 70th birthdays. This volume contains the proceedings of the conference, which focused on the modern theory of nonlinear PDEs and their applications. Among the topics treated are turbulence, kinetic models of a rarefied gas, vortex filaments, dispersive waves, singular limits and blow-up solutions, conservation laws, Hamiltonian systems and others. The conference served as a forum for the dissemination of new scientific ideas and discoveries and enhanced scientific communication by bringing together such a large number of scientists working in related fields. THe event allowed the international mathematics community to honor two of its outstanding members.
Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements: * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind. * Good analysis should be framed in a second-best context-- simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation. * Any choice of pension system has risk-sharing and distributional consequences, which the book recognizes explicitly. Barr and Diamond's analysis includes labor markets, capital markets, risk sharing, and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country. Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to Chile and China.
Plasma Physics presents an authoritative and wide-ranging pedagogic study of the 'fourth' state of matter. The constituents of the plasma state are influenced by electric and magnetic fields, and in turn also produce electric and magnetic fields. This fact leads to a rich array of properties of the plasma state. A basic knowledge of mathematics and physics is preferable to appreciate fully this text. The author uses examples throughout, many taken from astrophysical phenomena, to explain concepts. In addition, problem sets at the end of each chapter will serve to reinforce key points.
An economic analysis of schooling markets is developed, emphasizing both the strengths and weaknesses of orthodox analyses. This publication is designed to be accessible to all those concerned with education and economics.
This latest volume in the Wavelets Analysis and Its Applications Series provides significant and up-to-date insights into recent developments in the field of wavelet constructions in connection with partial differential equations. Specialists in numerical applications and engineers in a variety of fields will find Multiscale Wavelet for Partial Differential Equations to be a valuable resource. - Covers important areas of computational mechanics such as elasticity and computational fluid dynamics - Includes a clear study of turbulence modeling - Contains recent research on multiresolution analyses with operator-adapted wavelet discretizations - Presents well-documented numerical experiments connected with the development of algorithms, useful in specific applications
From healthcare to workplace conduct, the federal government is taking on ever more responsibility for managing our lives. At the same time, Americans have never been more disaffected with Washington, seeing it as an intrusive, incompetent, wasteful giant. The most alarming consequence of ineffective policies, in addition to unrealized social goals, is the growing threat to the government's democratic legitimacy. Understanding why government fails so often--and how it might become more effective--is an urgent responsibility of citizenship. In this book, lawyer and political scientist Peter Schuck provides a wide range of examples and an enormous body of evidence to explain why so many domestic policies go awry--and how to right the foundering ship of state.Schuck argues that Washington's failures are due not to episodic problems or partisan bickering, but rather to deep structural flaws that undermine every administration, Democratic and Republican. These recurrent weaknesses include unrealistic goals, perverse incentives, poor and distorted information, systemic irrationality, rigidity and lack of credibility, a mediocre bureaucracy, powerful and inescapable markets, and the inherent limits of law. To counteract each of these problems, Schuck proposes numerous achievable reforms, from avoiding moral hazard in student loan, mortgage, and other subsidy programs, to empowering consumers of public services, simplifying programs and testing them for cost-effectiveness, and increasing the use of "big data." The book also examines successful policies--including the G.I. Bill, the Voting Rights Act, the Earned Income Tax Credit, and airline deregulation--to highlight the factors that made them work.An urgent call for reform, Why Government Fails So Often is essential reading for anyone curious about why government is in such disrepute and how it can do better"--
A guide to the essential information needed to model and compute turbulent flows and interpret experiments and numerical simulations Turbulent Fluid Flow offers an authoritative resource to the theories and models encountered in the field of turbulent flow. In this book, the author – a noted expert on the subject – creates a complete picture of the essential information needed for engineers and scientists to carry out turbulent flow studies. This important guide puts the focus on the essential aspects of the subject – including modeling, simulation and the interpretation of experimental data - that fit into the basic needs of engineers that work with turbulent flows in technological design and innovation. Turbulent Fluid Flow offers the basic information that underpins the most recent models and techniques that are currently used to solve turbulent flow challenges. The book provides careful explanations, many supporting figures and detailed mathematical calculations that enable the reader to derive a clear understanding of turbulent fluid flow. This vital resource: Offers a clear explanation to the models and techniques currently used to solve turbulent flow problems Provides an up-to-date account of recent experimental and numerical studies probing the physics of canonical turbulent flows Gives a self-contained treatment of the essential topics in the field of turbulence Puts the focus on the connection between the subject matter and the goals of fluids engineering Comes with a detailed syllabus and a solutions manual containing MATLAB codes, available on a password-protected companion website Written for fluids engineers, physicists, applied mathematicians and graduate students in mechanical, aerospace and civil engineering, Turbulent Fluid Flow contains an authoritative resource to the information needed to interpret experiments and carry out turbulent flow studies.
Presents statistical information regarding long-term trends in standard of living, financial security, economic mobility, and economic mobility in relation to education, in order to demonstrate the author's view that the American Dream is becoming less attainable for a large group of the population.
This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. It merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality within and across countries, growth slowdowns, and fiscal crises. Revised and updated to include new research findings and recent policy discussions, the second edition contains 15 new sections and 2 new chapters on topics such as public defaults, the wage elasticity of work and the interest elasticity of saving, and the economic and fiscal impact of the 2020 pandemic. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of policies that favor the present. The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth. The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public official. The text concludes with a thorough discussion of policy reforms designed to address the issues discussed in earlier chapters. Intended for students familiar with intermediate-level economics, the second edition contains a technical appendix, expanded end-of-chapter questions and problems, and a complete solutions manual. The second edition also offers updated resources for instructors, including sample syllabi and over 550 multiple choice questions. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy.
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