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Manias, Panics, and Crashes A History of Financial Crises Eighth Edition - Original PDF
Manias, Panics, and Crashes A History of Financial Crises Eighth Edition - Original PDF
نویسندگان: Robert Z. Aliber · Charles P. Kindleberger · Robert N. McCauley خلاصه: When this work first appeared, it looked back a long way to the financial crisis of the 1930s and revived interest in an old theme. Few books on the subject appeared during the several decades after World War II, following the spate of the 1930s, because the industry that produces them is anticyclical in character,1 and recessions from 1945 to 1973 were few, far between, and exceptionally mild. This work also looked forward, four years it turned out, to the developing country debt crisis of 1982. In the decades since, 1982 proved just the first of four waves of financial crises. Debtors in three, four, or more countries defaulted at about the same time and the prices of real estate and securities in these countries fell sharply. Each country that experienced a financial crisis also had a recession as household wealth declined in response to the sharp fall in the prices of securities and real estate, and as the banks became much more reluctant suppliers of credit as their own capital was depleted. The Great Recession that began in 2008 was the most severe and the most global since the Great Depression of the 1930
Fundamentals_of_Computer_Graphics - Original PDF
Fundamentals_of_Computer_Graphics - Original PDF
نویسندگان: Fundamentals_of_Computer_Graphics خلاصه: Preface This edition of Fundamentals of Computer Graphics includes substantial rewrites of the material on shading, light reflection, and path tracing, as well as many corrections throughout. This book now provides a better introduction to the tech- niques that go by the names of physics-based materials and physics-based ren- dering and are becoming predominant in actual practice. This material is now better integrated, and we think this book maps well to the way many instructors are organizing graphics courses at present. The organization of this book remains substantially similar to the fourth edi- tion. As we have revised this book over the years, we have endeavored to retain the informal, intuitive style of presentation that characterizes the earlier editions, while at the same time improving consistency, precision, and completeness. We hope the reader will find the result is an appealing platform for a variety of courses in computer graphics. About the Cover The cover image is from Tiger in the Water by J. W. Baker (brushed and air- brushed acrylic on canvas, 16” by 20”, www.jwbart.com). The subject of a tiger is a reference to a wonderful talk given by Alain Fournier (1943–2000) at a workshop at Cornell University in 1998. His talk was an evoca- tive verbal description of the movements of a tiger. He summarized his point: Even though modelling and rendering in computer graphics have been improved tremendously in the past 35 years, we are still not at the point where we can model automatically a tiger swimming in the river in all its glorious details. By automatically I mean in a way that does not need careful manual tweaking by an artist/expert. The bad news is that we have still a long way to go. The good news is that we have still a long way to go
The Ethics of Bribery Theoretical and Empirical Studies - Original PDF
The Ethics of Bribery Theoretical and Empirical Studies - Original PDF
نویسندگان: Robert W. McGee • Serkan Benk خلاصه: he present study is part of a much larger study that examines the ethics of bribery and tax evasion. The bribery studies consist (so far) of two books (McGee & Benk, 2023a; McGee & Benk, 2023y) and many articles and book chapters. Summaries of 28 studies (McGee, 2023a), 24 studies (McGee, 2023b), 44 studies (McGee, 2022a), and 80+ studies (McGee, 2022b) are also available. The tax evasion studies started in 1994 (McGee, 1994) and picked up speed in 1998 when the first book in the tax evasion series was published (McGee, 1998). The second book in the series was published in 2012 (McGee, 2012a). Two more books were recently added to the tax evasion collection (McGee & Shopovski, 2023a, b). Many articles and book chapters on the ethics of tax evasion have been published over the years. Summaries of many of them are available. There are sum- maries of 49 studies that used a survey template that usually consisted of 18 state- ments starting with the phrase, “Tax evasion is ethical if ...” (McGee, 2012b). Another study summarized 23 studies that used World Values Survey data (McGee, 2012c). Other studies summarize 3 studies (McGee, 2012d), 21 studies (McGee, 2022c), 35 studies (McGee, 2022d), 60+ surveys (McGee, 2022e), 70+ theoretical and empirical studies (McGee, 2022f), 100+ studies (McGee, 2022g), 80+ studies (McGee, 2022h), 34+ studies (McGee, 2022i), and 44+ studies (McGee, 2022j). Part II of the book addresses attitudes toward bribery from different religious perspectives. The first chapter in this section provides a comparative study of reli- gious attitudes toward bribery (McGee et al., 2023a). There are also chapters that report on attitudes of Christians (McGee et al., 2023b), Muslims (McGee et al.
Delegate Apportionment in the US Presidential Primaries A Mathematical Analysis - Original PDF
Delegate Apportionment in the US Presidential Primaries A Mathematical Analysis - Original PDF
نویسندگان: Michael A. Jones · David McCune · Jennifer M. Wilson خلاصه: The purpose of this book is to examine the mathematics of the delegate allocation process in the US presidential primaries. The US presidential primaries are a series of state elections held every four years that determine the Democratic and Republican Parties’ nominees for president in the general election. Presidential candidates in each party are awarded delegates based on their shares of the vote in each state contest. At the end of the primary season, each party holds a national convention. The candidate with a majority of state delegates, after one or more rounds of voting, is selected to be the party’s nominee for president. From a mathematical standpoint, the question of how to allocate delegates is largely a problem of apportionment. Apportionment problems arise when a fixed quantity (such as a number of delegates) must be divided among several constituents (such as candidates) in proportion to some attribute (such as vote share), so that each portion is a whole number. Since delegates are individuals and cannot be divided, their allocation is a matter of apportionment. Apportionment or similar allocation problems occur at multiple stages in the delegate selection process from determining how many delegates each state receives, and how they should be divided between statewide and district delegates, to determining what happens after each primary when the delegates must be awarded to the candidates based on how well they do in the election. Apportionment has been well-studied in the context of allocating state represen- tatives to the US House of Representatives in proportion to state populations. It has also been widely analyzed for its role in proportional representation systems where party seats are awarded to parties based on the vote distribution. It is less well-known in the case of apportioning delegates in the US primaries. Thus the examination of apportionment applied to delegate allocation involves both an identification and anal- ysis of new apportionment methods as well as an evaluation of old and new criteria by which to evaluate their properties. The goal of this book is to do both. We have spent several years researching delegate allocation in presidential primaries and were inspired to write this volume because of the interesting aspects of apportionment arising in this context. The book’s vii viii Preface origin can be traced to 2016, when we observed that the 2016 Georgia Repub- lican party adopted an apportionment method for its state primary that was unique and perhaps the most interesting method we had encountered. This motivated us to investigate the methods used by other state parties, many of which are new, and to consider how the allocation of delegates is affected by elimination thresholds—the minimum levels of support required to receive delegates—and the overall structure of the state delegates selection plans in which delegates are apportioned based on vote distributions in each district and statewide. This led us also to consider how the goals of delegate apportionment differ from that of house or party apportionment— most noticeably in that the state primaries occur over time, and that the end result is not political representation but the declaration of a winner. This means that the usual criteria for evaluating apportionment need to be rethought in an effort to deter- mine what features of traditional apportionment theory are most relevant to delegate apportionment and which features are not.
Make Capitalism History A Practical Framework for Utopia and the Transformation of Society - Original PDF
Make Capitalism History A Practical Framework for Utopia and the Transformation of Society - Original PDF
نویسندگان: Simon Sutterlütti • Stefan Meretz خلاصه: v I do not demand voluntarism nor do I preach an automatism; I rather intend to demonstrate the objective possibility of change and its preconditions. I neither want to paint a utopian picture nor forbid utopian thinking; my aim is to unfold well-founded hope. I neither want to be desperately waiting for the better humans nor seal history’s horrors with man’s evil nature; I rather take humans seriously in their history and their potential. I neither want to waste my life in a never-ending struggle nor bow my head before the overpowering. With confi- dence in existing potential and certainty of well-founded hope, I want to realise human possibilities. For 300 years, capitalism has been turning cooperation into competition, work into exploitation, nature into the insignificant other; it strengthens racism and patriarchy, puts profit before people and, therefore, impedes peace, justice, liberty and the pursuit of happiness. Today, when we are facing the risk of a climate crisis, the economic foundation of capitalism makes an ecological restructuring of society impossible. It is time to make capitalism history. To make capitalism history we need an alternative. We cannot demand the end of capitalism without having at least a vague idea of what a soli- dary, free society may look like. This book talks about societal alternatives, which we call utopias, and discusses different ways of how we may reach them. The end of capitalism is a “great transformation” (Polanyi), and such a societal transformation usually involves three aspects: something comes to an end (abolition), something continues (preservation) and something is raised to a qualitatively new level (development)
Living Better Together Social Relations and Economic Governance in the Work of Ostrom and Zelize - PDF
Living Better Together Social Relations and Economic Governance in the Work of Ostrom and Zelize - PDF
نویسندگان: Stefanie Haeffele · Virgil Henry Storr خلاصه: olitical economy is a robust field of study that examines the economic and political institutions that shape our interactions with one another. Likewise, social economy focuses on the social interactions, networks, and communities that embody our daily lives. Together, these fields of study seek to understand the historical and contemporary world around us by examining market, political, and social institutions. Through these sectors of life, people come together to exchange goods and services, solve collective problems, and build communities to live better together. Scholarship in this tradition is alive and thriving today. By using the lens of political and social economy, books in this series will examine complex social problems, the institutions that attempt to solve these prob- lems, and the consequences of action within such institutions. Further, this approach lends itself to a variety of methods, including fieldwork, case studies, and experimental economics. Such analysis allows for deeper understanding of social phenomena, detailing the context, incentives, and interactions that shape our lives. This series provides a much-needed space for interdisciplinary research on contemporary topics on political and social economy. In much of academia today, scholars are encouraged to work independently and within the strict boundaries of their disciplines. However, the pursuit of understanding our society requires social scien- tists to collaborate across disciplines, using multiple methods. This series provides such an opportunity for scholars interested in breaking down the boundaries of disciplines in order to better understand the world around us
Helix Network Theory The Dynamic Structure and Evolution of Economy and Society Interdisciplinary Integrated Economics Creating a Brand New “Micro-Meso-Macro” Paradigm - Original PDF
Helix Network Theory The Dynamic Structure and Evolution of Economy and Society Interdisciplinary Integrated Economics Creating a Brand New “Micro-Meso-Macro” Paradigm - Original PDF
نویسندگان: Runyuan Gan خلاصه: Foreword by Gong-Meng Chen I first met and started working with Gan Runyuan, the author of the book, around April and May of 2002. Back then, I had just established the China Accounting and Finance Research Centre at Hong Kong Polytechnic University in Shenzhen. Because the research centre was not long established, it was necessary to introduce various talents. Gan Runyuan was one of the first groups of personnel recruited into the research centre. By 2003, with the active support of Cheng Si-Wei, I and my colleagues had founded the China Venture Capital Research Institute. During that period of time, Gan Runyuan worked as my assistant and participated in many tasks at the China Accounting and Finance Research Centre and China Venture Capital Research Institute. He was easy-going, serious in working, and I was always impressed. Later, Gan Runyuan left Shenzhen to Shanghai. However, he still kept in touch with me and participated in several forums organised by the China Venture Capital Research Institute. At the end of March this year, Gan visited Shenzhen. I learned that he had written an economics monograph, Helix Network Theory, and he invited me to write a preface to this book. He said that this is the ten-year brainchild of his toil, blood, and sweat. I did not expect him after leaving Shenzhen for more than ten years, not only reading that many books on economics and sociology but also spending quite a few years writing an econo
The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume II Philosophy and Political Economy - Original PDF
The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume II Philosophy and Political Economy - Original PDF
نویسندگان: David Howden • Philipp Bagus خلاصه: Only a small minority of people, in our experience, know what Jesús’s full name is. Due to some idiosyncrasies of Spanish naming conventions, this group is dominated by Spaniards. To aid the non-Spanish speaker, a brief explanation of his name is necessary. All Spanish surnames are composed of two parts. The first part is the father’s first surname, and the sec- ond is the mother’s first surname. The general form for all Spanish names becomes [first name] [paternal first surname] [maternal first surname]. Thus, all children have a different surname than their mothers and fathers, though this surname will include elements of both through their respective paternal branches. The children of Juan Garcia Fernandez and Sofia Gonzalez Martin, for example, would all have the surname Garcia Gonzalez. Jesús Huerta de Soto Ballester was born to Jesús Huerta Ballester and Concepción de Soto Acuña. His birth name was Jesús Huerta de Soto, and (after marrying Sonsoles Huarte) his children would have the surname Huerta Huarte. With six children, this linguistically challenging surname would have not been an isolated difficulty. After marriage, Jesús made the decision to legally change the order of his surnames. (This bureaucratic process is not straightforward, nor is it common.) As a result of this change, his first surname, Huerta de Soto, now includes elements of both his father’s and his mother’s names. His second surname, Ballester, is from his father. While the name remains essentially the same (Jesús Huerta de Soto at birth versus Jesús Huerta de Soto Ballester today), the change in ordering meant that the family name passed down to his children would be “Huerta de Soto” instead of “Huerta.” This also applies to their descendants. In all but the most formal situations in Spain, use of only the first surname
The Chinese Path Toward a Leaner Government - Original PDF
The Chinese Path Toward a Leaner Government - Original PDF
نویسندگان: Yining Li Zhiqiang Cheng Editors The Chinese Path Toward a Leaner Government The Chinese Path Toward a Leaner Government Yining Li · Zhiqiang Cheng خلاصه: Building a leaner government ( Jian Zheng Fang Quan , or “streamlining admin- istration and delegating powers” in the official translated documents) is essential in China’s transition from a planned economy to a market economy and in an effort to improve the country’s socialist market economy. People of our generation have all had some experiences with the planned economy. It was a time when the government managed everything from production to consump- tion. In other words, the government assumed the role of both the producer and distributor of goods. Little was outside the government administration. It set quotas that matched its plans and organized supplies according to the quotas. No one in China at that time had ever heard about the term Jian Zheng Fang Quan or stream- lining administration and delegating powers. In fact, it was impossible to streamline the government then because everything was controlled by the government, every decision had to come from the higher authorities, and all kinds of stuff were placed under the quota system. When a government assigned each of its staff with a particular task to either manage or supervise economic activities, how could it be streamlined? Power devolution was even more beyond imagination. The planned economy was based on the concentration of power. If power was delegated, how could the economy and people’s daily life go as the government had planned for them? Indeed, there were times when the Chinese government was concerned about the low efficiency and poor performance of the planned economy that too much concentration of power had entailed. However, there were no better ways. China had quite a few lessons learnt in a hard way. Trials to cut government power or remove some quota all ended up in market disorder. Shifting back to old practice only stifled the economy. Such policy flip-flops occurred time after time during the period of the planned economy. It was a doomed cycle that no one was able to brea
Urban Infrastructure Globalization / Slowbalization - Original PDF
Urban Infrastructure Globalization / Slowbalization - Original PDF
نویسندگان: Remo Dalla Longa خلاصه: The book addresses the issue of urban infrastructures within globalization. Slowbal- ization is then introduced rather than deglobalization to indicate important variables that could stand in the way of a prevailing reading key in the book. Wiig et al (2022) argue that starting from a volume (Graham, Marvin, 2001 ) the study of infrastructures has been brought to the center of urban studies and has inspired the infrastructural turn within urban sciences. Infrastructures, and urban ones in particular, precisely because of their differentiation, specialisms, formulas and organizational models that underlie their assembly, governance and management have always appeared residual compared to other themes such as the city, urbaniza- tion, the form urban, competitive advantage, applied globalization; or on another more technical side, specialisms such as engineering or other technical disciplines called upon to assemble and update the various infrastructures in various ways. Moss (2020) on Berlin, which tells the story of that city (1920–2020) through infrastructures, removing them from invisibility, may be singular, but it is not. Putting them at the center offers new ideas and angles both from the point of view of economics, finance, assembly technique and above all the spatiality of the city within the different forms of globalization. Today, urban infrastructures are also a fundamental part of the economy and finance and follow their evolution and trajectory. They assume particular impor- tance starting from the conjugation with the term globalization; we have seen a rapid transformation of the interconnected infrastructure precisely with the growth of glob- alization and the global city. The analysis focused more on what has been called the western global city and the context of the brownfield infrastructure

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