1,030 research outputs found

    'Running Wild in the Disco': an interview with Gerard Evans

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    Gerard Evans is the lead singer and co-founder of the band Flowers in the Dustbin, author of The Story of Crass and Dance Before the Storm: Official Story of the Levellers. Being a practitioner of Mindfulness, I met him at his home on the south-coast of the UK, to discuss ways in which the anarcho-punk scene remains part of our critical consciousness

    Financial regulation and performance : cross-country evidence

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    Costly bank failures in the past two decades have focused attention on the need to find ways to improve the performance of different countries'financial systems. Belief is overwhelming that financial systems can be improved but there is little empirical evidence to support any specific advice about regulatory and supervisory reform. With scant cross-country comparisons of financial regulatory and supervisory systems, economists cannot decide how to correct incentives and moral hazard problems in developing economies--whether, for example, to require higher (and more narrowly defined) capital-to-asset ratios, to mandate stricter definition and disclosure of non-performing loans, to require that subordinated debt be issued, or to install world-class supervision. Proposed reforms usually involve changes in financial regulations and supervisory standards, but many pressing questions about reform remain unanswered. Making use of a new database, the authors come up with brief answers to three key questions: Do countries with relatively weak governments and bureaucratic systems impose harsher regulatory restrictions on bank activities? Yes. Do countries with more restrictive regulatory regimes have poorly functioning banking systems. No--or at least the evidence is mixed. Do countries with more restrictive regulatory systems have less probability of suffering a banking crisis? No. In fact, the reverse is true. In countries where banks'securities activities are restricted, the likelihood of a banking crisis is greater, other things being equal.Financial Crisis Management&Restructuring,Payment Systems&Infrastructure,Banks&Banking Reform,Financial Intermediation,Environmental Economics&Policies,Banks&Banking Reform,Financial Intermediation,Financial Crisis Management&Restructuring,Environmental Economics&Policies,Economic Theory&Research

    Writing and the rights of reality: usurpation and potentiality in Derrida, Plato, Nietzsche, and Beckett

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    The thesis critically evaluates Jacques Derrida's conferral of the rights of reality on writing, focussing on his theory of an arche-text in light of the speculative nature of this theory. The theory is initially considered in the context of Derrida's elucidation of the usurpatory status of writing within the Platonic and Nietzschean texts. This consideration reveals an admission of writing's usurpatory status by both writers while at the same time demonstrating their awareness of the intrinsically speculative nature of this view, the significance of writing lying in its ability to exteriorise the radically indeterminate status of consciousness m relation to reality rather than its ability to displace consciousness or reality The analyses, therefore, not only bring the Derridean hypothesis of a repressive or phonocentric metaphysical episteme into question but also exhibit the historical and philosophical role of potentiality in relation to writing, writing's ultimate significance lying in its capacity to exteriorise our existence as a mode of potentiality. Accordingly, in the second half of the thesis the Derridean theory of writing is countered with a specifically Aristotelian theory of the text as it is exhibited in the prose of Samuel Beckett, an author whose significance lies in his close alignment with Derridean theory within contemporary criticism. It is demonstrated that this identification has obviated an awareness of the significance of potentiality within the Beckettian text, his work consequently being appraised in the previously neglected context of Aristotelian metaphysics

    The Cucurbits and Nightshades of Renaissance England: John Gerard and William Shakespeare

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    International audienceJohn Gerard (1545–1612) author of the most famous English Herball of 1597 and the playwright William Shakespeare (1564–1616) were contemporaries in London. Their references to cucurbits (Cucurbitaceae) and nightshades (Solanaceae) encapsulate knowledge of these plants from both a scientific and a literary perspective in the English Renaissance. The Old World genera of the Cucurbitaceae (Byronia, Citrullus, Cucumis, Ecballium, Lagenaria, Momordica, and Solanaceae ( Hyoscyamus, Mandragora, Physalis, Solanum) had a rich history in both medicine and food production in Antiquity and Medieval times in the Old World. The introduction of new crop species (Capsicum, Datura, Nicotiana, and Solanum) into Europe and Asia after the European encounter with the New World had a profound impact on world agriculture. References to cucurbits and nightshades in the 1597 Herball of John Gerard and the plays of Shakespeare a reflect scientific and public awareness of these species in the English Renassance

    Modulation system for radio communications transmission

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    Abstract of NL 1007132 (C1) The null points of the filter transfer function (h(t)) are identical to the null points of the base frequency of the modulation signa

    English Historical Economics, 1870–1926

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    In the first comprehensive and full-length study of the English historical economists, Gerard Koot traces their revolt against the theory, policy recommendations and academic dominance of classical and neoclassical economics in Britain between 1870 and 1926. English Historical Economics, 1870–1926 shows how these historical critics challenged the deductive method and mechanistic assumptions of the economic orthodoxy, developing an historical and inductive method for economic studies and laying the foundation for the professional study of economic history. The author examines the effect of this new methodology upon English politics, discussing the intellectual framework that the historical economists provided for the conservative attack on laissez-faire philosophy in links between such larger social, economic, political and intellectual controversies and the origin and growth of English historical economics.</jats:p

    Correction to: Reducing external costs of nitrogen pollution by relocation of pig production between regions in the European Union

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    The article Reducing external costs of nitrogen pollution by relocation of pig production between regions in the European Union, written by Hans J. M. van Grinsven, Jan D. van Dam, Jan Peter Lesschen, Marloes H. G. Timmers, Gerard L. Velthof, Luis Lassaletta, was originally published electronically on the publisher’s internet portal (currently SpringerLink) on 28 May 2018 without open access. With the author(s)’ decision to opt for Open Choice the copyright of the article changed on April 2019

    Piercing the Veil’s Effect on Corporate Human Rights Violations & International Corporate Crime (Human Trafficking, Slavery, etc)

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    Corporate limited liability laws (CLL) [the corporate veil (tCV)] is a major obstacle for implementation of UN and other covenants’ prevention and jurisprudence ex ante and ex post facto Corporate Human Rights Violations (CHRV) and International Corporate Crime (ICrC). I.d. aggregates the inability of States and International Bodies to farther establish unified e.g., Lex Non Scripta common law with adjudicative and prescriptive jurisdiction and to apply the Lex Scripta civil and criminal laws to reduce infringements of the human rights and impunity in cases of corporate violations and criminal acts. In this paper is argued that the change from Corporate Limited Liability (referred to as tCV) to Corporate Unlimited Liability (referred as PtCV) laws and thus criminalizing and adjudicating breaches of HR covenants and civil and criminal laws by corporate individuals, at prima facie should have a substantial preventative and sanctioning affect on reducing such CHRV and ICrC. I.d., the unambiguous correlation between CHRV and ICrC, (which in many occasions includes Human Trafficking, Slavery, Sex Trade, Child Labor, ext), which are accelerated by the 2001-2007 Recessions through expanding global poverty and inequality. Piercing the Corporate Veil (PtCV) and Enhancing Business & Contract Laws (eBCL) would raise the market security thus needed to establish fair market competition benefiting Small and Medium Enterprises and Investors, which have become major global employers: action that would have a general positive market effect. Id. Anyway with the current judicial practice, in most cases where there are grave personal injuries the court is willing to impute negligence to the parent company – especially where the subsidiary is thinly capitalized or appears to have been formed precisely to avoid liability. In contrast, courts are extremely reluctant to pierce the corporate veil in cases of purely pecuniary losses, namely where the creditors of a bankrupt corporation seek to reach the personal assets of the shareholders of the corporation. Eric Engle (2006). This is for the obvious reason that general financial liability of shareholders for all debts of a corporation would discourage investment in stocks with deleterious economic consequences. See, e.g. Krivo Indus. Supply Co. v. National Distillers & Chem. Corp., 483 F.2d 1098, 1102 (5th Cir. 1973)business laws, limited liability, corporate contracts, economics, human trafficking, international crime, white collar crime

    Reforming finance in transitional socialist economies : avoiding the path from shell money to shell games

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    In the late 1980s, transitional socialist economies (TSEs) in Central and Eastern Europe were only somewhat more sophisticated than shell money systems: savings books or currency had to be used for most transactions and there was no risk assessment, information monitoring and acquisition, or portfolio management. The TSEs have moved toward a two-tiered banking system but they lag in the development of competitive, market-based financial systems. In several TSEs the financial system seems to be part of a shell game to hide the losses of the real economy. The authors argue that rapid, successful economic reform requires putting the shell game to an end. They review several contentious issues of financial reform in the TSEs, especially issues involving macrofinance, corporate finance, the internal debt problems, and the need to build efficient banks. The authors contend that the banks should be"cleaned up"when they are privatized, to prevent the quick reemergence of debt problems. They believe that either of the proposed alternatives for shaping financial systems in the TSEs - very highly capitalized banking or narrow banking - would minimize the need for future support. Either alternative would reduce leverage in the TSEs and provide more financial stability. But taking concerns about moral hazard to an extreme - prohibiting debt finance - could starve new firms for credit and limit economic growth.Economic Theory&Research,Financial Crisis Management&Restructuring,Environmental Economics&Policies,Banks&Banking Reform,Financial Intermediation

    Finance and its reform : beyond laissez-faire

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    That the financial sector should be liberalized was the orthodox view in the mid-1970s, during a pendulum swing toward reliance on the free market. In the early 1980s, the pendulum swung back to the left, based partly on evidence - especially from Latin America - that overly rapid reform had real costs, and partly on an increased appreciation of financial market failure. Blind adherence to free market principles was no longer appropriate. Now a counter-counterrevolution is in sight, with some swing back toward the view that the market makes a mess of it, but the government makes it even worse. The authors agree that market-oriented financial systems appear to do a better job than systems with extensive government involvement, but contend that the assumption that perfect competition will solve all problems in finance - especially in banking - can be dangerous. Information problems, implicit or explicit government guarantees associated with the payments system make banks unique. Governments implicitly recognize banking's uniqueness - few allow just anyone to enter banking - but public pronouncements and observers'recommendations often favor a move to more competition. Perfect competition, however, is optimal under the assumption, among others, of no government guarantee. In fact, most governments differ only in how explicit they are about their deposit insurance schemes. The financial reforms most likely to succeed are those that give banks an incentive to engage in safe and sound banking. When excessive competition is allowed, the charter value of banking diminishes to the point that it is no longer profitable for bankers to behave prudently. A consideration of finance's role, and a look at how reforming economies have fared, suggest also that gradual reform is often to be preferred in this domain. Deregulation of credit markets and interest rates can be counterproductive in unstable macroeconomic conditions and when banks are unsophisticated or have weak balance sheets. And changes in the charter value may evolve only slowly after reform. Faster progress and greater efforts should be made, however, in bank supervision and regulation and in institutional development, including accounting, auditing, legal and judicial reform, and training (of bankers and other finance professionals). In sum, many economies would benefit from less government intervention in financial markets, but the prescription should not be abrupt or total government withdrawal from the financial sector. Rather than intervening heavily in credit allocation decisions, governments should focus on doing what only they can do: providing an enabling environment for the private financial and nonfinancial sectors, and ensuring that financial operations are safe and sound.Environmental Economics&Policies,Banks&Banking Reform,Financial Intermediation,Economic Theory&Research,Financial Crisis Management&Restructuring
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