1,719 research outputs found

    The Beat of the Economic Heart: Joseph Schumpeter and Arthur Spiethoff on Business Cycles

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    The paper discusses the relationship between Arthur Spiethoff and Joseph A. Schumpeter, the men and their works. Had it not been for Spiethoff Schumpeter would in all probability have forever been lost to scientific work. It was Spiethoff who brought the Austrian back to academia and research after a sequence of serious mishaps in politics and banking. Spiethoff's contribution to an analysis of business cycles is then summarized and important similarities and some differences between it and Schumpeter's are pointed out. The view of Spiethoff and Schumpeter that cycles are endogenous and cannot possibly be eliminated without at the same time eliminating the dynamism of the capitalist economy is then couterposed with views of some of their contemporaries and particularly modern mainstream macroeconomics that this is not so.Schumpeter; Spiethoff; business cycles; innovations; creative destruction

    Portrait of Senator Arthur Capper.

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    Handwritten inscription: \u27To my friend F. M. Johnston, In appreciation of his efficient service to the Senate Committee on Finance, and his many courtesies to me personally. Arthur Capper\u27https://egrove.olemiss.edu/fmjohnston/1084/thumbnail.jp

    Can Excess Liquidity Signal an Asset Price Boom?

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    This paper analyses the relationship between the prevailing liquidity conditions (such as measures of money, credit and interest rates) and developments in asset prices from a monetary analysis perspective. After having identified periods of sustained excess liquidity, we analyse under which conditions they are more likely to be followed by an asset price boom. The results from a descriptive analysis of the developments in a number of macroeconomic and financial variables suggest that periods of sustained excess liquidity that are accompanied by strong economic activity, low interest rates, high real credit growth and low inflation have a higher likelihood of being followed by an asset price boom. This conclusion is also confirmed by a logit analysis.excess liquidity, asset prices, logit model

    Catfishes from the North-Western Part of Lake Tanganyika: Contribution to a Reference Library of DNA Barcodes

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    In spite of the global barcoding effort, there is still a lack of genetic data on African freshwater fishes. We aimed to contribute to bridging this gap by providing molecular data on commercially important catfish species from the north-western part of Lake Tanganyika. We collected 215 catfish specimens and sequenced the standard vertebrate barcoding gene (COI) for 41 specimens. Additionally, we sequenced 20 specimens for the mitochondrial Cyt-b gene to make the link to previously published datasets. We identified 11 species using morphology, compared DNA sequences with those available on GenBank, and employed Automatic Barcode Gap Discovery (ABGD) and phylogenetic approaches. The dataset includes the first molecular data (COI and Cyt-b) for Chrysichthys acsiorum, as well as the first-ever COI sequences for Dinotopterus cunningtoni and Malapterurus tanganyikaensis. Our findings extend the known distribution of C. acsiorum by approximately 100 km. Additionally, we demonstrated the difficulty in delineating species of Chrysichthys and Synodontis from Lake Tanganyika with molecular tools. For Chrysichthys, automated methods, such as ABGD, failed to delineate species. However, barcoding does seem promising as all the individual species are resolved as clades. Within Synodontis, the study found a strong similarity between S. grandiops and S. multipunctatus, highlighting a need for revision. Our findings emphasize the necessity for integrative taxonomy in the study of catfishes from Lake Tanganyika.Funding: A.M.M. (BOF22BL08) and M.P.M.V. (BOF20TT06) are funded by the Special Research Fund of Hasselt University. Acknowledgments: We are grateful to Heleen Maetens and Manon Geerts for their assistance in the preparation of molecular data (extractions/PCR). We also wish to thank Kenny Meganck and Nathalie Smitz from the genetics platform of the Royal Museum for Central Africa in Tervuren, as well as Karin Breugelmans and Brigitte Segers from the genetics platform at RBINS. We thank Olivier Pauwels, Sébastien Bruaux, Hilde Cuppens, and Filip De Block (RBINS) for curatorial assistance

    Hemingway, Ernest -- Mizener, Arthur, 1949-1951

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    20 files composing 15 letters between Ernest Hemingway and Arthur Mizener, the author of The Far Side of Paradise: A Biography of F. Scott Fitzgerald. Correspondence ranges from 1949 to 1951. Letters are as follows: 1. EH (Ernest Hemingway) to AM (Arthur Mizener), TLS, 6 July, 1949, 1p. 2. AM to EH, TL [carbon], 16 July, 1949, 1p. 3. EH secretary to AM, TLS, 23 January, 1950, 1p. 4. EH to AM, TLS, 18 April, 1950, 1p. 5. AM to EH, TL [carbon], 20 April, 1950, 1p. 6. EH to AM, TLS, 22 April, 1950, 2pp. 7. AM to EH, TL [carbon], 29 April, 1950, 1p. 8. EH to AM, TLS, 12 May, 1950, 2pp. 9. AM to EH, TL [carbon], 28 May, 1950, 2pp. 10. EH to AM, TLS, 1 June, 1950, 1p. 11. EH to AM, TLS, 29 August, 1950, 2pp. 12. EH to AM, TLS, 2 January, 1951, 1p. 13. EH to AM, TLS, 4 January, 1951, 2pp. 14. AM to EH, TL [carbon], 8 January, 1951, 1p. 15. AM to EH, TL [carbon], 16 January, 1951, 1p

    Arthur Danto's philosophy of art

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    The thesis is a critical examination of Danto's philosophy of art. It begins with his article 'The Artworld' where he proposes a special is of artistic identification to distinguish artworks. Danto's idea of the artworld is discussed, a historical and contextual theory of art, which arose from his attempt to explain the difference between Warhol's Brillo Boxes sculpture and an indiscernible stack of everyday Brillo boxes. It is argued that Danto unsuccessfully attempts to shore up his artworld concept with the special is. The technique of comparing indiscernible counterparts, from Danto's book The Transfiguration of the Commonplace, is examined. It is argued that the technique is philosophically redundant, but it is a redundant premise which has been added to a valid inference (Danto's historical and contextual view of art: his artworld theory) therefore, this does not make the original inference invalid. Danto's treatment of metaphor, expression, and style is shown to result in four claims. First, artworks embody rhetorical ellipsis. Second, artworks share features of metaphor: they are intensional (with an s) in structure and cannot be paraphrased. Third, a work of art expresses what it is a metaphor for by the way it depicts its subject. Fourth, artworks embody style. The conclusion, has two parts. The first part gives a summary of the criticism of Danto's theory of art: (1) there are logical inconsistencies in his concept of the is of artistic identification and in his use of indiscernible counterparts, (2) his theory suffers by being over-inclusive and (3) he uses circular arguments. The second part is based on a response to the criticism: it provides a definition of art. This has three elements. First, an argument is proposed for a spectrum of artistic presence in which all human activity and artefacts can be placed. Second, there is an acceptance of Danto's view of art (or artistic presence) being both intentional (with a t) and intensional (with an s); however, by applying these concepts to a spectrum, the problem of over-inclusiveness is avoided. Finally, it is argued there can he no wholly non-circular account of art

    Series 1.1 - Songs: The Elf (F Major)

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    Scanned from the Original Held in Rare Books & Special Collections, Barr Smith Library, MSS 0200Words by Author John Kendrick Bangs, 1862-19223 p MS ink plus cover page in F MajorStamped by Beryl KekwickComposed in F majorFirst line of lyrics: "I met a little elf man once, down where the lilies blow....

    An ichthyological borderland: The fishfauna of Nyungwe National Park and surroundings (Rwanda, East Africa)

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    Nyungwe National Park (NP) is a mountainous region situated in the southwestern part of Rwanda on Congo-Nile watershed. In spite of the high biodiversity in primates, birds and plants, no fish were reported to occur in the park, probably because of the cold temperatures of the rivers. An expedition in 2022 examined the fish diversity within the Nyungwe NP and its buffer zones. Additional sampling was performed in the main river draining the park into Lake Kivu: the Kamiranzovu. Three hundred and twenty specimens belonging to 13 species were collected. Specimens were collected only in the western part of the park, draining towards the Congo basin. The diversity within the park proper was limited to two putative species within the complex of Amphilius cf. kivuensis, which were caught on either side of the Kivu-Rusizi watershed. In contrast, a higher fish diversity, including one clariid species and two species of Enteromius, was observed in the rivers at a lower altitude of the buffer zone. However, the highest species diversity was found near the mouth of Kamiranzovu River, including 11 species, of which 4 were non-native: the guppy Poecilia reticulata, Astatotilapia burtoni, the blue-spotted tilapia Oreochromis leucosticus and the Egyptian mouth-brooder Pseudocrenilabrus multicolor.FUNDING INFORMATION This study is part of the BRAIN project KEAFish (The biodiversity, biogeography and evolutionary history of the northern basins of the Great African Lakes: The enigmatic fish faunas of Lakes Kivu, Edward and Albert revisited), funded by the Belgian Science Policy Office (B2/202/P1/KEAFish), and a PhD fellowship to Heleen Maetens funded by the Fund for Scientific Research (FWO: 1128222N). The fieldwork in the Nyungwe NP was funded by the Volkswagen Foundation's initiative ‘Knowledge for Tomorrow – Cooperative Research Projects in Sub-Saharan Africa’ awarded to Viola Clausnitzer. ACKNOWLEDGEMENTS We thank the project funder Volkswagen Foundation for funding the field school and Prof. Beth Kaplin and Methode Majyambere for organizing the field school. We thank the participating institutions: Center of Excellence in Biodiversity and Natural Resource Management in Huye (Rwanda), Senckenberg Research Institute (Germany) and African Parks

    Land Taxes and Revenue Needs as Communities Grow and Decline: Evidence from New Zealand

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    An efficient housing market is of critical importance for individual welfare and for a well-functioning economy. We test the efficiency of this market by estimating the factors that determine both the long-run and the dynamic paths of regional house prices. Our tests use a new quarterly regional panel data set covering the 14 regions of New Zealand from 1981 to 2002. The tests indicate that regional housing markets converge to an equilibrium consistent with consumer optimising conditions, and hence with long-run efficiency. However, some conditions required for short-run (dynamic) efficiency are violated. We find that extrapolative price expectations, based on past regional phenomena, lead to overshooting of house prices in response to new region-specific information. We also find that price dynamics are influenced by past regional house sales activity and that the dynamic adjustment process is asymmetric depending on whether house prices are above or below their long-run equilibrium.House prices; housing appreciation; housing market; adjustment dynamics

    OAST Planning Model for Space Systems Technology

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    Advanced Technology Session Chairman: Paul F. Holloway, Director for Space, NASA Langley Research Center, Hampton, Virginia Session Organizer: Arthur Henderson, Space Technology Coordination Office, NASA Headquarters, Washington, D
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