The Great Depression of 1929 was similar to the Great Recession of 2008, but not identical, either in its cause or its cure. This book explores the reasons why that is and suggests that the US economy has changed radically in the last half-centuryto the point that one must reanalyze the theories of the four great economists, with a view to synthesizing and applying their separate bits of wisdom into a compatible, modern diagnosis of recessions and prescription for curing and avoiding them. Buttressed on the brilliant reinterpretation of Keynes by Princetons Allan Meltzer, and on the writings of modern commentators and academics, the author weaves together a readable explanation of what nowadays passes for the liberal view and the conservative view. Numerous examples are given of specific industries and enterprises, of joint public-private projects, and of the interdependence between government and the free market. Vignettes and quotes are also offered of the great deeds, as well as the dismal failures of policies implemented by Teddy and Franklin Roosevelt, Ronald Reagan, Bush father and son, Jimmy Carter, Bill Clinton, and Barack Obama. In the end, a tantalizing fusion is achieved of the best elements of Keynesianism, monetarism, and free-market economics. And all the time, the level of discussion is reachable by all and interesting to all who have even a minimal interest in the history and politics of economic theory.
The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.
Innovation is the main engine of competitiveness. However, in a world in which everything goes faster, the inherent nature of the innovation process has changed. This book assesses both the theoretically and empirically intertwined relationship between innovation, clusters and multinational enterprises in today's economy.
Today's lifestyles do not provide us with the foundations for true, long-term happiness. The causes of our problems are clearly identified, with achievable solutions proposed for us all. The Covid-19 Disaster globally halted 'Normal Life', the root causes of this Disaster are revealed. This book offers the reader the opportunity for reflection, self-reassessment and fresh analysis for the future pursuit of true Self-realisation and true Long-term Happiness. Easy to read, yet deals with the most critical issues of today. One of Wolfe-Xavier's 1.4M Internet reader's comments on him: 'High intellectual ability peppered with a profound spiritual intelligence is not a dish so common as one would hope. Lawrence Wolfe-Xavier has my respect.
This volume offers an in-depth study of key themes common to the Hindu and Christian religious traditions. It redefines how we think about Hinduism, comparative study, and Christian theology. This book offers a bold new look at how traditions encounter one another, and how good comparisons are to be made. Redefining theology as an interreligious, comparative, dialogical, and confessional practice open to all people, it invites not only Hindus and Christians, but also theologians from all religious traditions, to enter into conversation with one another.
This book asks whether sovereignty can guarantee international equality by exploring the discourses of sovereignty and their reliance on the notions of civilisation and savagery in two historical colonial encounters: the French explorations of Canada in the 16th century and the domestic troubles linked to the Wars of Religion. Presenting the concept of ‘civilised sovereignty’, Mathieu reveals the interplay between the domestic and external claims to sovereignty, and offers a dynamic analysis of the theory and practice of the concept. Based on extensive archival research, this book provides an in-depth intellectual picture of the theory and practice of sovereignty in early modern France by focusing on the discourses deployed by French political theorists. Mathieu applies performativity in order to denaturalise these discourses of statehood and reveals how the domestic and international constructions of sovereignty feed into one another and equally rely on appeals to civilisation and savagery. Overall, the book questions the ‘myth of sovereignty as equality’ and reflects on the persistence of this association despite the overwhelming empirical evidence that it institutes international hierarchies and inequalities. Representing a major intervention in the existing IR debates about sovereignty, this book will be a valuable resource for researchers working on issues of sovereignty and equality in IR.
Emoti-Coms" studies the role of emotions in marketing and communicating and offers leaders the knowledge, understanding, and tools to successfully use emotions in their communication to their stakeholders.
Historians, since the 1960s, argue that the French economy performed as well as did any economy in Europe during the eighteenth and nineteenth centuries thanks to the opportunities for profit available on the market, especially the large consumer market in Paris. Whatever economic weaknesses existed did not stem from the social structure but from exogenous forces such as wars, the lack of natural resources or slow demographic growth. This book challenges the foregoing consensus by showing that the French economy performed poorly relative to its rivals because of noncapitalist social relations. Specifically, peasants and artisans controlled lands and workshops in autonomous communities and did not have to improve labor productivity to survive. Merchants and manufacturers cornered markets instead of being subject to the market’s competitive imperatives. Thus, distinctive features of capitalism—primitive accumulation (the dispossession of peasants and artisans) and the competitive obligation faced by merchants and manufacturers to reinvest profits in order to keep the profits—did not prevail until the state imposed them in a process lasting for a century after the 1850s. For this reason, it was not until the 1960s that France caught up to (and in some cases surpassed) its economic rivals.
This book is a sequel to the one by the author, “Democracy in America 2010,” which picks up the title and theme of the seminal book in political science by Alexis DeTocqueville. Mr. Suarez examines the landscape of American politics, culture and education as the nation progressed through the second decade of the twenty-first century. Being a political independent who held office – as a Miami-Dade County Commissioner – during most of the last decade (2011-2020), Mr. Suarez is able to bring a unique perspective to his narrative. It helps enormously that Suarez has degrees in mechanical engineering, law and public policy (the last two from Harvard University), which enables him to qualitatively and quantitatively discern how various forces shape the life of America. The ideology is both progressive and conservative; it is both reform-minded and also seeking to preserve the traditions espoused by the Founders. As an elected official in the largest county of the third largest state (Florida), which happens to be the ultimate bell-weather of presidential elections, Suarez brings a special, onsite perspective to the forces pulling the nation from right to left, under Obama, and then back to the right, under Trump. Two impeachments, various trade wars, the continuing culture war, and the emergence of the China colossus are dissected in terms that a lay person can grasp. On China, Suarez reaches perhaps the boldest level of analysis – taking on his JFK School professor, Graham Allison, whose book “The Thucydides Trap” is critiqued in incisive yet pithy terms.
Fire, Flint and Faith is a coherent and holistic - but also entertaining - journey through the history of the universe. Following on other works by the author which analyze otherwise unexplainable jumps in the history of our planet, this book focuses on the so-called "Great Leap Forward" that scientists believe connected our species to our animal ancestors. Using history, science and logic, the author convincingly debunks the latest in a scientific materialism, which argues that "only matter matters." Instead, the author uses recent scientic discoveries and common sense to suggest that humans are a marvelous combination of body, mind and spirit. Told in a conversational style that any adult can comprehend, the book goes on to conclude that humans are a wonderful combination of body, mind and spirit. In the process, it debunks the notion that "only matter matters," as taught by some modern academicians.
Since the 19th century, there has been a slow transformation in the nature of the norms that regulate political competition and the uses of state power. Monarchies whose legitimating principles appealed to divine sanction have steadily given way to republican regimes normatively grounded in appeals to 'the people.' Ideals of liberty, equality and solidarity have gained ground relative to ideals of hierarchy and dependence. Yet while in some ways the world is more democratic now than ever, new forms of non-democracy and new justifications for it have emerged. Drawing on a wide variety of examples and data from around the world, this important new text provides a global account of the history and theory of non-democratic government over the past two centuries. Grounded in the most recent social science research, it shows how non-democratic regimes have ruled through many different institutions, from parties to armies to dynastic families, and examines the economic and social performance of these different types of non-democracy, as well as the development of justifications for them. It discusses how over the last century personal dictatorships and totalitarian regimes have given way to hybrid regimes combining electoral competition with various restrictions on the ability of parties and other social groups to effectively compete for control of the state. The book assesses the processes through which non-democratic regimes change, and sometimes democratize, from cultural change and economic development to collective action and revolution. Offering a cutting-edge analysis of the complex issue of non-democratic politics, this is the perfect introduction for students with an interest in how authoritarianism exerts itself in the modern age.
These unique songs, dedicated to the Hindu god Visnu/Krsna, lead us through poetic and imaginative, philosophical and moral reflections on the nature of the self and the world, ancient myths and temple worship, and the mystical moods of longing, desire, and love in which one seeks, loses, and finds again the God who loves us first.
What is Sufism? Contemporary views vary tremendously, even among Sufis themselves. Contemporary Sufism: Piety, Politics, and Popular Culture brings to light the religious frameworks that shape the views of Sufism’s friends, adversaries, admirers, and detractors and, in the process, helps readers better understand the diversity of contemporary Sufism, the pressures and cultural openings to which it responds, and the many divergent opinions about contemporary Sufism’s relationship to Islam. The three main themes: piety, politics, and popular culture are explored in relation to the Islamic and Western contexts that shape them, as well as to the historical conditions that frame contemporary debates. This book is split into three parts: • Sufism and anti-Sufism in contemporary contexts; • Contemporary Sufism in the West: Poetic influences and popular manifestations; • Gendering Sufism: Tradition and transformation. This book will fascinate anyone interested in the challenges of contemporary Sufism as well as its relationship to Islam, gender, and the West. It offers an ideal starting point from which undergraduate and postgraduate students, teachers and lecturers can explore Sufism today.
Five people, who have devoted their entire lives to the practice of the good, are at the end of their physical lives. Due to their merit, they are entitled to the help of a spirit rescue team. The spirit author Andre Luiz tell us about his experience as a member of the team. This is an enthralling narrative that reveals details of the tasks performed by spirits at the moment of the death of the physical body. In this book, Andre Luiz confirms the principles revealed by the Spiritist Doctrine regarding the existence of the spirit world, where discarnate spirits dwell, living a new life while preparing to return once again to the earthly journey. “... Death does not extinguish friendly cooperation, mutual support, comforting intercession or the evolutionary endeavor. The vibratory dimensions of the universe are infinite, as infinite as are the worlds that populate the immensity of space.”
Very few authors have addressed the origins of capitalism in France as the emergence of a distinct form of historical society, premised on a new configuration of social power, rather than as an extension of commercial activities liberated from feudal obstacles. Xavier Lafrance offers the first thorough historical analysis of the origins of capitalist social property relations in France from a 'political Marxist' or (Capital-centric Marxist) perspective. Putting emphasis on the role of the state, The Making of Capitalism in France shows how the capitalist system was first imported into this country in an industrial form, and considerably later than is usually assumed. This work demonstrates that the French Revolution was not capitalist, and in fact consolidated customary regulations that formed the bedrock of the formation of the working class.
The constant increase in the consumption of mineral resources, as well as the growing awareness of their exploitation, is causing deep concern within the scientific community. This concern is justified by the fact that the energy transition will increase the pressure on these resources, as renewable energies require an increased and more diversified quantity of mineral materials. This book presents an overview of the exploitation of these mineral resources, where the natural, regulatory and environmental constraints interfere with economic, financial and geopolitical interests. By mobilizing the fields of the humanities, geosciences and engineering, it also analyzes the challenges that the energy transition will encounter, challenges related to the contradictory effects that the acceleration of the extraction of these resources will have on their physical availability, the economies that exploit them and the populations that live off of them
Moving to Opportunity tackles one of America's most enduring dilemmas: the great, unresolved question of how to overcome persistent ghetto poverty. Launched in 1994, the MTO program took a largely untested approach: helping families move from high-poverty, inner-city public housing to low-poverty neighborhoods, some in the suburbs. The book's innovative methodology emphasizes the voices and choices of the program's participants but also rigorously analyzes the changing structures of regional opportunity and constraint that shaped the fortunes of those who "signed up." It shines a light on the hopes, surprises, achievements, and limitations of a major social experiment. As the authors make clear, for all its ambition, MTO is a uniquely American experiment, and this book brings home its powerful lessons for policymakers and advocates, scholars, students, journalists, and all who share a deep concern for opportunity and inequality in our country.
Shakespeare's Spiral aims to explore a figure forgotten in the dramatic texts of Shakespeare and in Renaissance painting: the snail. Taking as its point of departure the emergence of the gastropod object/subject in the text of King Lear as well as its iconic interface in Giovanni Bellini's painting Allegory of Falsehood (circa 1490), this study sets out to follow the particular path traced by the snail throughout the oeuvre. From the central scene in which the metaphor of the snail and of its shell is specifically made manifest when Lear discovers, in a raging storm, the spectacle of Edgar disguised as Poor Tom coming out of his shelter (III.3.6-9) to the monster, this fiend, displaying on the cliffs of Dover, "horms whelked and waved like the enridg d sea" (IV.6.71), this work is the trace of a narrative - of a journey of the gaze - during the course of which the cryptic question of the gastropod - "Why a Snail ...]?" (I.5.26) - does not cease to be developed and transformed. Incorporating a wide-ranging post-structuralist critique, the study aims to bring to light the particular functions of this "revealing detail" in both its textual and visual dimension so as to put forward a new and innovatory understanding of the tragedy of King Lear.
Today, it is widely recognized that in order to meet environmental challenges, it will not simply be enough to make our lifestyles greener; also critical is putting an end to the modern conception of the human as master and possessor of nature. However, to bear fruit, this change in anthropology must also be accompanied by a revision in our conception of technology. Since the Enlightenment and the development of industrialization, technology no longer seems to be subject to the guiding principles set by the Greeks: prudence and the search for the right measure in all, which leads to the care of beings and the world. Care in Technology analyzes the historical changes that have led technology to become an unthinkable part of care, and care an unthinkable part of technology. It also establishes the conditions for care to once again become a regulatory principle of the activity of engineers who design technology.
Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms have also been upgraded. However, these innovations have made the systems of rules more complicated to operate, while compliance has not improved. The SDN takes stock of past experiences, reviews recent reforms, and presents new research on the effectiveness of rules. It also proposes guiding principles for future reforms to strike a better balance between simplicity, flexibility, and enforceability. Read the blog
Openness to trade is a key element of economic policy; continuing extreme poverty in developing countries is a disgrace. This Handbook examines how concerns about the world's poor should affect our attitude towards trade liberalization. Part I draws on economic analysis and practical experience to construct a framework to analyse the links between trade liberalization and poverty. It shows policy-makers how to identify the critical features in their economies so they can ensure that the poor benefit from liberalization. Part II explores the reform of particular sectors -- agriculture, services, etc., and particular instruments of trade policy -- export subsidies, anti-dumping measures, etc. It presents an economic analysis of each type of reform, shows the likely outcome for the poor, and discusses the issue's status on the World Trade Organization's agenda. Book jacket.
The third edition of a leading text on the microeconomic foundations of banking, comprehensively updated with new coverage of the 2008 Global Financial Crisis, fintech, and the latest research in banking theory. The banking industry has undergone seismic change in the twenty-first century, from the overhaul of regulation in the wake of the 2008 Global Financial Crisis to the digitalization of the economy and the disruption of traditional business models by ascendant tech giants. Now in a comprehensively updated third edition, this essential graduate-level text on the microeconomic foundations of banking provides the rigorous theoretical approach required to understand these new structures and norms, functioning as a user’s guide to recent academic literature. Microeconomics of Banking offers a comprehensive view of the evolution of banking theory and the rapidly changing realm of financial intermediation, examining the central issues and offering the necessary tools for understanding how they have been modeled. New edition highlights: Up-to-date coverage of the latest research in banking theory as well as the events of the global financial crisis and resultant Basel III regulatory framework New chapters on liquidity and systemic risk New material throughout on cryptocurrencies, fintech, and other facets of a digitalized economy
First published in 1919. Emphasis has been laid upon simple physiologic methods of treatment; such as rest, feeding and psychotherapy. In order that the principles underlying the application of these methods should be clearly appreciated, the author has unfolded, in as systematic a manner as possible, the problems presented by the exercise of function, rest and the various fatigue states. He has adopted a purely clinical interpretation of the neuroses, a clear comprehension of which is an indispensable preliminary to intelligent and successful treatment. In embracing physiologic methods, medicines and psychotherapy in one volume, the author has endeavoured to present a comprehensive discussion of the treatment of nervous and metnal disorders; especially of those which are functional in character.
In The Global Regime for the Enforcement of Intellectual Property Rights, Xavier Seuba offers a comprehensive description of the international norms and bodies dealing with the enforcement of intellectual property rights. The book analyzes multilateral, plurilateral, and bilateral treaties, and their national implementation, along with civil, border, and criminal enforcement. The book also explores the interface between the enforcement of intellectual property rights and the norms regulating international trade, competition, and human rights, as well as the conceptual and systemic aspects of enforcement, while illustrating the importance of these rights with examples in litigation. The book should be read by anyone interested in how intellectual property rights are being enforced around the world, and how these efforts relate to other legal regimes.
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