Download or read book A Crisis of Beliefs written by Nicola Gennaioli and published by Princeton University Press. This book was released on 2018-09-11 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: How investor expectations move markets and the economy The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other financial institutions from a similar fate after Lehman, it could not prevent the deepest recession in postwar history. A Crisis of Beliefs makes us rethink the financial crisis and the nature of economic risk. In this authoritative and comprehensive book, two of today’s most insightful economists reveal how our beliefs shape financial markets, lead to expansions of credit and leverage, and expose the economy to major risks. Nicola Gennaioli and Andrei Shleifer carefully walk readers through the unraveling of Lehman Brothers and the ensuing meltdown of the US financial system, and then present new evidence to illustrate the destabilizing role played by the beliefs of home buyers, investors, and regulators. Using the latest research in psychology and behavioral economics, they present a new theory of belief formation that explains why the financial crisis came as such a shock to so many people—and how financial and economic instability persist. A must-read for anyone seeking insights into financial markets, A Crisis of Beliefs shows how even the smartest market participants and regulators did not fully appreciate the extent of economic risk, and offers a new framework for understanding today’s unpredictable financial waters.

Download or read book The Fragility of Responsibility written by Giovanni De Grandis, Anne Blanchard and published by Walter de Gruyter GmbH & Co KG. This book was released on 2024-08-07 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Fragile by Design written by Charles W. Calomiris and published by Princeton University Press. This book was released on 2015-08-04 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why stable banking systems are so rare Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues. Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.

Download or read book The Fragility of Goodness written by Martha C. Nussbaum and published by Cambridge University Press. This book was released on 2001-01-15 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of ancient views about 'moral luck'. It examines the fundamental ethical problem that many of the valued constituents of a well-lived life are vulnerable to factors outside a person's control, and asks how this affects our appraisal of persons and their lives. The Greeks made a profound contribution to these questions, yet neither the problems nor the Greek views of them have received the attention they deserve. This book thus recovers a central dimension of Greek thought and addresses major issues in contemporary ethical theory. One of its most original aspects is its interrelated treatment of both literary and philosophical texts. The Fragility of Goodness has proven to be important reading for philosophers and classicists, and its non-technical style makes it accessible to any educated person interested in the difficult problems it tackles. This edition, first published in 2001, features a preface by Martha Nussbaum.

Download or read book The Body of the Cross written by Travis E. Ables and published by Fordham University Press. This book was released on 2021-12-07 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Body of the Cross is a study of holy victims in Western Christian history and how the uses of their bodies in Christian thought led to the idea of the cross as a substitutionary sacrifice. Since its first centuries, Christianity has traded on the suffering of victims—martyrs, mystics, and heretics—as substitutes for the Christian social body. These victims secured holiness, either by their own sacred power or by their reprobation and rejection. Just as their bodies were mediated in eucharistic, social, and Christological ways, so too did the flesh of Jesus Christ become one of those holy substitutes. But it was only late in Western history that he took on the function of the exemplary victim. In tracing the story of this embodied development, The Body of the Cross gives special attention to popular spirituality, religious dissent, and the writing of women throughout Christian history. It examines the symbol of the cross as it functions in key moments throughout this history, including the parting of the ways of Judaism and Christianity, the gnostic debates, martyr traditions, and medieval affective devotion and heresy. Finally, in a Reformation era haunted by divine wrath, these themes concentrated in the unique concept that Jesus Christ died on the cross to absorb divine punishment for sin: a holy body and a rejected body in one.

Download or read book The Caste of Merit written by Ajantha Subramanian and published by Harvard University Press. This book was released on 2019-12-03 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the language of “merit” makes caste privilege invisible in contemporary India. Just as Americans least disadvantaged by racism are most likely to endorse their country as post‐racial, Indians who have benefited from their upper-caste affiliation rush to declare their country post‐caste. In The Caste of Merit, Ajantha Subramanian challenges this comfortable assumption by illuminating the controversial relationships among technical education, caste formation, and economic stratification in modern India. Through in-depth study of the elite Indian Institutes of Technology (IITs)—widely seen as symbols of national promise—she reveals the continued workings of upper-caste privilege within the most modern institutions. Caste has not disappeared in India but instead acquired a disturbing invisibility—at least when it comes to the privileged. Only the lower castes invoke their affiliation in the political arena, to claim resources from the state. The upper castes discard such claims as backward, embarrassing, and unfair to those who have earned their position through hard work and talent. Focusing on a long history of debates surrounding access to engineering education, Subramanian argues that such defenses of merit are themselves expressions of caste privilege. The case of the IITs shows how this ideal of meritocracy serves the reproduction of inequality, ensuring that social stratification remains endemic to contemporary democracies.

Download or read book Peter Abelard and Heloise written by David Luscombe and published by Routledge. This book was released on 2018-12-20 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays provide original reflections and new evidence for the lives and work of an outstanding medieval couple, Peter Abelard and Heloise. The main themes of the author's studies are the careers and the thought of Peter Abelard, his philosophy, theology and monastic teaching, his relationship in marriage and in religious life with Heloise and their correspondence. The essays, now brought together in a single volume, show how much is still to be learned from the presentation of new evidence and the opening of new enquiries about the lives and calamities of Peter Abelard and Heloise.

Download or read book The Political Invention of Fragile States written by Sonja Grimm and published by Routledge. This book was released on 2016-04-14 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the emergence, the dissemination and the reception of the notion of ‘state fragility’. It analyses the process of conceptualisation, examining how the ‘fragile states’ concept was framed by policy makers to describe reality in accordance with their priorities in the fields of development and security. Contributors investigate the instrumental use of the ‘state fragility’ label in the legitimisation of Western policy interventions in countries facing violence and profound poverty. They also emphasise the agency of actors ‘on the receiving end’, describing how the elites and governments in so-called ‘fragile states’ have incorporated and reinterpreted the concept to fit their own political agendas. A first set of articles examines the role played by the World Bank, the OECD, the European Union and the G7+ in the transnational diffusion of the concept, which is understood as a critical element in the new discourse on international aid and security. A second set of papers employs three case studies (Sudan, Indonesia and Uganda) to explore the processes of appropriation, reinterpretation and the strategic use of the ‘fragile state’ concept. This book was originally published as a special issue of Third World Quarterly.

Download or read book The Wealthy the Brilliant the Few written by Sophie Spieler and published by transcript Verlag. This book was released on 2021-06-30 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does the US make sense of its elite educational system, given that it seems to be at odds with core American values, such as equality of opportunity or upward mobility? Sophie Spieler explores scholarly and journalistic investigations, self-representational texts, and fictional narratives revolving around the Ivy League and its peers in order to understand elite education and its peculiar position in American cultural discourse. Among the book's most surprising and groundbreaking insights is the tenacity and adaptability of meritocratic ideology across all three sub-discourses, despite its fundamental incompatibility with the American educational system.

Download or read book States of Fragility 2022 written by OECD and published by OECD Publishing. This book was released on 2022-09-19 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report outlines the state of fragility in 2022, reviews current responses to it, and presents options to guide better policies for better lives in fragile contexts.

Download or read book Exiting the Fragility Trap written by David Carment and published by Ohio University Press. This book was released on 2019-10-15 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: State fragility is a much-debated yet underinvestigated concept in the development and international security worlds. Based on years of research as part of the Country Indicators for Foreign Policy project at Carleton University, Exiting the Fragility Trap marks a major step toward remedying the lack of research into the so-called fragility trap. In examining the nature and dynamics of state transitions in fragile contexts, with a special emphasis on states that are trapped in fragility, David Carment and Yiagadeesen Samy ask three questions: Why do some states remain stuck in a fragility trap? What lessons can we learn from those states that have successfully transitioned from fragility to stability and resilience? And how can third-party interventions support fragile state transitions toward resilience? Carment and Samy consider fragility’s evolution in three state types: countries that are trapped, countries that move in and out of fragility, and countries that have exited fragility. Large-sample empirical analysis and six comparative case studies—Pakistan and Yemen (trapped countries), Mali and Laos (in-and-out countries), and Bangladesh and Mozambique (exited countries)—drive their investigation, which breaks ground toward a new understanding of why some countries fail to see sustained progress over time.

Download or read book The Fragile Scholar written by Geng Song and published by Hong Kong University Press. This book was released on 2004-01-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fragile Scholar examines the pre-modern construction of Chinese masculinity from the popular image of the fragile scholar (caizi) in late imperial Chinese fiction and drama. The book is an original contribution to the study of the construction of masculinity in the Chinese context from a comparative perspective (Euro-American). Its central thesis is that the concept of "masculinity" in pre-modern China was conceived in the network of hierarchical social and political power in a homosocial context rather than in opposition to "woman." In other words, gender discourse was more power-based than sex-based in pre-modern China, and Chinese masculinity was androgynous in nature. The author explains how the caizi discourse embodied the mediation between elite culture and popular culture by giving voice to the desire, fantasy, wants and tastes of urbanites.

Download or read book Advances in Artificial Life written by Mathieu Capcarrere and published by Springer Science & Business Media. This book was released on 2005-08-29 with total page 966 pages. Available in PDF, EPUB and Kindle. Book excerpt: TheArti?cialLifetermappearedmorethan20yearsagoinasmallcornerofNew Mexico, USA. Since then the area has developed dramatically, many researchers joining enthusiastically and research groups sprouting everywhere. This frenetic activity led to the emergence of several strands that are now established ?elds in themselves. We are now reaching a stage that one may describe as maturer: with more rigour, more benchmarks, more results, more stringent acceptance criteria, more applications, in brief, more sound science. This, which is the n- ural path of all new areas, comes at a price, however. A certain enthusiasm, a certain adventurousness from the early years is fading and may have been lost on the way. The ?eld has become more reasonable. To counterbalance this and to encourage lively discussions, a conceptual track, where papers were judged on criteria like importance and/or novelty of the concepts proposed rather than the experimental/theoretical results, has been introduced this year. A conference on a theme as broad as Arti?cial Life is bound to be very - verse,but a few tendencies emerged. First, ?elds like ‘Robotics and Autonomous Agents’ or ‘Evolutionary Computation’ are still extremely active and keep on bringing a wealth of results to the A-Life community. Even there, however, new tendencies appear, like collective robotics, and more speci?cally self-assembling robotics, which represent now a large subsection. Second, new areas appear.

Download or read book Minoru Yamasaki and the Fragility of Architecture written by Paul Kidder and published by Routledge. This book was released on 2021-07-18 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few figures in the American arts have stories richer in irony than does architect Minoru Yamasaki. While his twin towers of New York’s World Trade Center are internationally iconic, few who know the icon recognize its architect’s name or know much about his portfolio of more than 200 buildings. One is tempted to call him America’s most famous forgotten architect. He was classed in the top tier of his profession in the 1950s and ’60s, as he carried modernism in novel directions, yet today he is best known not for buildings that stand but for two projects that were destroyed under tragic circumstances: the twin towers and the Pruitt-Igoe housing project in St. Louis. This book undertakes a reinterpretation of Yamasaki’s significance that combines architectural history with the study of his intersection with defining moments of American history and culture. The story of the loss and vulnerability of Yamasaki’s legacy illustrates the fragility of all architecture in the face of natural and historical forces, yet in Yamasaki’s view, fragility is also a positive quality in architecture: the source of its refinement, beauty, and humanity. We learn something essential about architecture when we explore this tension of strength and fragility. In the course of interpreting Yamasaki’s architecture through the wide lens of the book we see the mid-century role of Detroit as an industrial power and architectural mecca; we follow a debate over public housing that entailed the creation and eventual destruction of many thousands of units; we examine competing attempts to embody democratic ideals in architecture and to represent those ideals in foreign lands; we ponder the consequences of anti-Japanese prejudice and the masculism of the architectural profession; we see Yamasaki’s style criticized for its arid minimalism yet equally for its delicacy and charm; we observe Yamasaki making a great name for himself in the Arab world but his twin towers ultimately destroyed by Islamic militants. As this curious tale of ironies unfolds, it invites reflection on the core of modern architecture’s search for meaning and on the creative possibilities its legacy continues to offer. Beautifully illustrated with over 100 color illustrations of Yamasaki’s buildings, this book will be of interest to students, academics and professionals in a range of disciplines, including architectural history, architectural theory, architectural preservation, and urban design and planning.

Download or read book White Fragility written by Dr. Robin DiAngelo and published by Beacon Press. This book was released on 2018-06-26 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times best-selling book exploring the counterproductive reactions white people have when their assumptions about race are challenged, and how these reactions maintain racial inequality. In this “vital, necessary, and beautiful book” (Michael Eric Dyson), antiracist educator Robin DiAngelo deftly illuminates the phenomenon of white fragility and “allows us to understand racism as a practice not restricted to ‘bad people’ (Claudia Rankine). Referring to the defensive moves that white people make when challenged racially, white fragility is characterized by emotions such as anger, fear, and guilt, and by behaviors including argumentation and silence. These behaviors, in turn, function to reinstate white racial equilibrium and prevent any meaningful cross-racial dialogue. In this in-depth exploration, DiAngelo examines how white fragility develops, how it protects racial inequality, and what we can do to engage more constructively.

Download or read book So Far So Good written by Roy R. Neuberger and published by . This book was released on 1999-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Science Abstracts written by and published by . This book was released on 1912 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: