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This upper-level undergraduate textbook, now in its second editon, approaches monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles, the authors aim to instruct students not only in existing monetary policies and institutions but also in what policies and institutions may or should exist in the future. The text builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. The authors have added in this second edition new material on speculative attacks on currencies, social security, currency boards, central banking alternatives, the payments system, and the Lucas model of price surprises. Discussions of many topics have been extended, presentations of data greatly expanded, and new exercises added.
The coasts of today's American South feature luxury condominiums, resorts, and gated communities, yet just a century ago, a surprising amount of beachfront property in the Chesapeake, along the Carolina shores, and around the Gulf of Mexico was owned and populated by African Americans. Blending social and environmental history, Andrew W. Kahrl tells the story of African American–owned beaches in the twentieth century. By reconstructing African American life along the coast, Kahrl demonstrates just how important these properties were for African American communities and leisure, as well as for economic empowerment, especially during the era of the Jim Crow South. However, in the wake of the...
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The Massachusetts town of Chelmsford, chartered in 1655, consisted of five villages. In the 1820s, industries related to the production of cast iron, textiles, and textile mill machinery made their first appearance in the North village along Stony Brook. Its social and economic life became aligned with the new industrial city of Lowell, and there had even been talk of secession from the Centre village in the mid-1800s. A golden age of industrial expansion and production occurred from 1875 to 1910. Industry in the West village consisted of blade and textile manufacturing in two locations, also tied to water power on Stony Brook, but this community was aligned socially and economically with nearby Nabnasset village in Westford. Discover the golden age of the North and West villages in photographs and learn about the people who made it happen.
For more than 40 years, Computerworld has been the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (Computerworld.com), twice-monthly publication, focused conference series and custom research form the hub of the world's largest global IT media network.
The eye has fascinated scientists from the earliest days of biological in vestigation. The diversity of its parts and the precision of their interaction make it a favorite model system for a variety of developmental studies. The eye is a particularly valuable experimental system not only because its tissues provide examples of fundamental processes, but also because it is a prominent and easily accessible structure at very early embryonic ages. In order to provide an open forum for investigators working on all aspects of ocular development, a series of symposia on ocular and visual devel opment was initiated in 1973. A major objective of the symposia has been to foster communication between the basic research worker and the clinical community. It is our feeling that much can be learned on both sides from this interaction. The idea for an informal meeting allowing maximum ex change of ideas originated with Dr. Leon Candeub, who supplied the nec essary driving force that made the series a reality. Each symposium has concentrated on a different aspect of ocular development. Speakers have been selected to approach related topics from different perspectives.
The figure of the violent man in the African American imagination has a long history. He can be found in 19th-century bad man ballads like "Stagolee" and "John Hardy," as well as in the black convict recitations that influenced "gangsta" rap. "Born in a Mighty Bad Land" connects this figure with similar characters in African American fiction. Many writers -- McKay and Hurston in the Harlem Renaissance; Wright, Baldwin, and Ellison in the '40s and '50s; Himes in the '50s and '60s -- saw the "bad nigger" as an archetypal figure in the black imagination and psyche. "Blaxploitation" novels in the '70s made him a virtually mythical character. More recently, Mosley, Wideman, and Morrison have presented him as ghetto philosopher and cultural adventurer. Behind the folklore and fiction, many theories have been proposed to explain the source of the bad man's intra-racial violence. Jerry H. Bryant explores all of these elements in a wide-ranging and illuminating look at one of the most misunderstood figures in African American culture.
Step into the past in this visual history of Carolina Beach in North Carolina through the lens of over 200 vintage images. Federal Point was once the name of a peninsula 15 miles south of Wilmington, bounded by the Cape Fear River, the Myrtle Grove Sound, and the Atlantic Ocean. Fort Fisher, Kure Beach, Carolina Beach, and Seabreeze now line its sandy shores. Fort Fisher played a pivotal role in the Civil War, and when it fell in 1865, the Confederacy lost its last supply line. A century later, the Fort Fisher Hermit became a local legend, teaching a litany of common sense and simplicity to legions of visitors. Carolina Beach and Kure Beach suffered a spate of fires and hurricanes that destroyed amusement park rides, arcades, and especially fishing piers. Seabreeze was an all-black resort during the Jim Crow era, and its greatest legacy is the R&B music and dance of the 1940s that gave rise to today's ever-popular beach music and shag dancing. The Army Corps of Engineers created Snow's Cut in 1930, connecting the river to the sound and turning the peninsula into an island that is now known as Pleasure Island.
This history of the whaling industry in New England includes a lengthy and very valuable list of the whaling masters, their ships, their home ports, and the years in which they first sailed. A classic text.