A leading economist contends that the recent financial crisis was caused not by the failure of mainstream economics but by corrupted monetary data constructed without reference to economics. Blame for the recent financial crisis and subsequent recession has commonly been assigned to everyone from Wall Street firms to individual homeowners. It has been widely argued that the crisis and recession were caused by “greed” and the failure of mainstream economics. In Getting It Wrong, leading economist William Barnett argues instead that there was too little use of the relevant economics, especially from the literature on economic measurement. Barnett contends that as financial instruments became more complex, the simple-sum monetary aggregation formulas used by central banks, including the U.S. Federal Reserve, became obsolete. Instead, a major increase in public availability of best-practice data was needed. Households, firms, and governments, lacking the requisite information, incorrectly assessed systemic risk and significantly increased their leverage and risk-taking activities. Better financial data, Barnett argues, could have signaled the misperceptions and prevented the erroneous systemic-risk assessments. When extensive, best-practice information is not available from the central bank, increased regulation can constrain the adverse consequences of ill-informed decisions. Instead, there was deregulation. The result, Barnett argues, was a worst-case toxic mix: increasing complexity of financial instruments, inadequate and poor-quality data, and declining regulation. Following his accessible narrative of the deep causes of the crisis and the long history of private and public errors, Barnett provides technical appendixes, containing the mathematical analysis supporting his arguments.
A little over one hundred years after the legendary shootout at the OK Corral, a radical South Chicago preacher named Frances Thomas moved to Miracle Valley, Arizona. She brought not only her congregation, but also a dangerous cocktail of fanaticism, faith healing, bigotry, and dynamite. Believing that God had called her to take over Miracle Valley, Pastor Thomas and her cult of followers set out to do just that -- with explosive results.
In 1961, a black veteran named James Meredith applied for admission to the University of Mississippi — and launched a legal revolt against white supremacy in the most segregated state in America. Meredith’s challenge ultimately triggered what Time magazine called “the gravest conflict between federal and state authority since the Civil War,” a crisis that on September 30, 1962, exploded into a chaotic battle between thousands of white civilians and a small corps of federal marshals. To crush the insurrection, President John F. Kennedy ordered a lightning invasion of Mississippi by over 20,000 U.S. combat infantry, paratroopers, military police, and National Guard troops. Based on years of intensive research, including over 500 interviews, JFK’s White House tapes, and 9,000 pages of FBI files, An American Insurrection is a minute-by-minute account of the crisis. William Doyle offers intimate portraits of the key players, from James Meredith to the segregationist Mississippi Governor Ross Barnett, to President John F. Kennedy and the federal marshals and soldiers who risked their lives to uphold the Constitution. The defeat of the segregationist uprising in Oxford was a turning point in the civil rights struggle, and An American Insurrection brings this largely forgotten event to life in all its drama, stunning detail, and historical importance.
One of the least publicly recognized heroes of the civil rights movement in the United States, John Minor Wisdom served as a member of the U.S. Court of Appeals for the Fifth Circuit from 1957 until his death in 1999 and wrote many of the landmark decisions instrumental in desegregating the American South. In this revealing biography, law professor Joel William Friedman explores Judge Wisdom's substantial legal contributions and political work at a critical time in the history of the South. In 1957, President Eisenhower appointed Wisdom to the Fifth Circuit, which included some of the most deeply segregated southern states: Alabama, Florida, Georgia, Louisiana, Mississippi, and Texas. In the tumultuous two decades following its decision in Brown v. Board of Education, the Supreme Court issued only a few civil rights decisions, preferring instead to affirm Fifth Circuit Court opinions or let them stand without hearing an appeal. Judge Wisdom, therefore, authored many of the decisions that transformed the South and broke down barriers of all kinds for African Americans, including the desegregation of public schools. In preparing this first full-length biography of Judge Wisdom, Friedman had unrestricted access to Wisdom's voluminous repository of personal and professional papers. In addition, he draws on personal interviews with law clerks who served under Judge Wisdom, resulting in a unique, behind-the-scenes account of some of the nation's most important legal decisions: the admission of the first black student to the University of Mississippi, the initiation of contempt proceedings against Mississippi Governor Ross Barnett, and the destruction of obstacles that had previously kept black Americans from voting. Friedman also explores Wisdom's political life prior to joining the federal bench, including his pivotal role in resurrecting the Louisiana Republican Party and in securing the Republican presidential nomination for Eisenhower. A compelling account of how a child of privilege from one of America's most socially and racially stratified cities came to serve as the driving force behind the legal effort to end segregation, Champion of Civil Rights offers judicial biography at its best.
This biographical dictionary provides information on 322 men and women who have made or are making significant contributions in the field of anthropology. A short biography highlights each person's professional and private background and detailed analysis of the theories or approaches that each contributed to his or her individual field and a guide to their major published works are provided. A chronological appendix lists each person's date of birth, full name, and primary field of study, guiding readers to entries covering 1681 to 2006. An extensive glossary explains technical terms used throughout the work.
1986 was a pivotal year in South African history. It was the year of the vigilante, the year of the necklace – but also the year the talking began. Drawing on newspaper articles, memoirs, and little-known histories, William Dicey presents a compelling diary of a very bad year. He focuses on ordinary people, showing what life was actually like under an authoritarian regime – from the six hours a day that black workers in KwaNdebele spent on buses to the rebel sporting tours that provided a distraction for white South Africans. Some stories foreshadow the miracle of 1990 – for instance, the deputy commander of Pollsmoor Prison takes Nelson Mandela on a scenic drive around Cape Town, years before his eventual release. Other stories shine a light on our current conflicts. Written in crisp prose, 1986 is a model of historical excavation, deftly evoking the spirit of the times.
The North Carolina Gazetteer first appeared to wide acclaim in 1968 and has remained an essential reference for anyone with a serious interest in the Tar Heel State, from historians to journalists, from creative writers to urban planners, from backpackers to armchair travelers. This revised and expanded edition adds approximately 1,200 new entries, bringing to nearly 21,000 the number of North Carolina cities, towns, crossroads, waterways, mountains, and other places identified here. The stories attached to place names are at the core of the book and the reason why it has stood the test of time. Some recall faraway places: Bombay, Shanghai, Moscow, Berlin. Others paint the locality as a little piece of heaven on earth: Bliss, Splendor, Sweet Home. In many cases the name derivations are unusual, sometimes wildly so: Cat Square, Huggins Hell, Tater Hill, Whynot. Telling us much about our own history in these snapshot histories of particular locales, The North Carolina Gazetteer provides an engaging, authoritative, and fully updated reference to place names from all corners of the Tar Heel State.
“Women’s sports have typically been grossly under-represented in sports media coverage. Although elite lesbian athletes far outnumber ‘out’ male athletes, media scrutiny of their experiences remains largely non-existent. Largely situated in the context of improved cultural attitudes toward sexual minorities across the West, Bill Cassidy’s Sports Journalism and Women Athletes: Coverage of Coming Out Stories is, therefore, a valuable contribution to the study of sports journalism and media, offering – for the first time – a dedicated and detailed account of the coming out of some of sports’ most high-profile lesbian athletes.” - Dr. Rory Magrath, Solent University, UK This book examines sports journalism coverage of the coming out stories of three prominent women athletes: tennis legend and feminist icon Billie Jean King, Basketball Hall of Fame Member Sheryl Swoopes and WNBA champion Brittney Griner. When King was outed in 1981 it marked a pivotal moment in which journalists were forced to discuss lesbian athletes in sports for the first time. Swoopes’ 2005 coming out was hailed as a historic moment due to her status as one of the best women’s basketball players of all time, while Griner’s casual public acknowledgment of her sexuality came during what many have called a more receptive environment for gay and lesbian athletes. By directly analysing and comparing the media attention given to these three superstars, Cassidy provides a comprehensive overview of how journalists have historically addressed women and lesbian athletes in professional sports. This book will appeal to readers interested in sports journalism, the role of sport in society, and media coverage of gay athletes.
For over twenty years, ranchers on our southern border have been overrun with smugglers, criminals, illegal immigrants, and terrorists. Law enforcement personnel have joined the ranchers to expose the government policies that have maintained an open, lawless, and deadly border.
Ever since the Canadian prairies were first settled and the Mounties marched west to establish and maintain law and order, the names of individual officers have left their mark on the national landscape. Their long tradition has been honoured in many of the place names of Canada, especially in the West. In this collection, over 250 of the NWMP, RNWMP and RCMP members who died while on duty, or who enjoyed long or extraordinary careers, are remembered. Other place names are connected to a Mountie-related event or were named by a pioneering Mountie in honour of some significant occurrence. Authors William "Bill" Hulgaard and John "Jack" White, both retired Mounties, extended their research across Canada to compile the information for Honoured in Places.
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