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This remarkable memoir of immigration and assimilation provides a rare view of urban life in Chicago in the late 1800s by a newcomer to the city and the Midwest, and the nation as well. Francis O'Neill left Ireland in 1865. After five years traveling the world as a sailor, he and his family settled in Chicago just shortly before the Great Fire of 1871. His memoir also brings to life the challenges involved in succeeding in a new land, providing for his family, and integrating into a new culture. Francis O'Neill serves as a fine documentarian of the Irish immigrant experience in Chicago.
Saudi Arabia’s economy is booming, unemployment is at a record low, the output gap is closed, inflation is contained, and fiscal and external buffers have been rebuilt. The continuation of Vision 2030 reforms has helped advance the country’s economic diversification agenda, including through reduced reliance on oil.
Saudi Arabia’s unprecedented economic transformation is progressing well. Strong domestic demand is keeping non-oil growth robust while unemployment is at record lows. Inflation is contained and the current account surplus is rapidly narrowing. The recalibration of the authorities’ investment plans would help reduce overheating risks and pressures on fiscal and external accounts.
Against the backdrop of a rapidly digitalizing world, there is a growing interest in central bank digital currencies (CBDCs) among central banks, including in the Middle East and Central Asia (ME&CA) region. This paper aims to support ME&CA policymakers in examining key questions when considering the adoption of a CBDC while underscoring the importance of country-specific analyses. This paper does not provide recommendations on CBDC issuance. Instead, it frames the discussion around the following key questions: What is a CBDC? What objectives do policymakers aim to achieve with the issuance of a CBDC? Which inefficiencies in payment systems can CBDCs address? What are the implications of CBD...
How the phenomenology of pain allows us to rethink human incarnation While the phenomenological tradition has carefully treated both the objective and the lived body, Espen Dahl explores a dimension of the body that does not fall neatly into either category, suggesting that philosophers should take account of the inner density of our organic, material body. By integrating the dimension of “flesh-and-blood” into the phenomenological notion of the body, Dahl argues that it is possible to reach a more adequate notion of human incarnation. The author explores the body in its subjectivity and its resistance, in activity founded on passivity, and in the ambiguous limits of its skin. The phenom...
Since 1980, income levels in Latin America and the Caribbean (LAC) have shown no convergence with those in the US, in stark contrast to emerging Asia and emerging Europe, which have seen rapid convergence. A key factor contributing to this divergence has been sluggish productivity growth in LAC. Low productivity growth has been broad-based across industries and firms in the formal sector, with limited diffusion of technology being an important contributing factor. Digital technologies and artificial intelligence (AI) hold significant potential to enhance productivity in the formal sector, foster its expansion, reduce informality, and facilitate LAC’s convergence with advanced economies. However, there is a risk that the region will fall behind advanced countries and frontier emerging markets in AI adoption. To capitalize on the benefits of AI, policies should aim to facilitate technological diffusion and job transition.
David Carr examines the paradox of Husserl's transcendental philosophy and his later historicist theory.
Reads canonical works of modern drama in relation to the economic ideas of their era Emerging amid the turbulent rise of market finance and wider socioeconomic changes, modern drama enacted vital critiques of art and life under capitalism. Alisa Zhulina shows how fin-de-siècle playwrights such as Henrik Ibsen, August Strindberg, Anton Chekhov, George Bernard Shaw, and Gerhart Hauptmann interrogated the meaning of this newly coined economic concept. Acutely aware of their complicity in the system they sought to challenge, these playwrights staged economic questions as moral and political concerns, using their plays to explore the theories of Adam Smith, Karl Marx and Friedrich Engels, Max Weber, and others within the boundaries of bourgeois theater. Theater of Capital: Modern Drama and Economic Life reveals the prescient and unsettling visions of life in a new financial and societal reality in now-canonical plays such as A Doll’s House, Miss Julie, and The Cherry Orchard, as well as in lesser-known and long-overlooked works. This wide-ranging study prompts us to reevaluate modern drama and its legacy for the urgent economic and political questions that haunt our present moment.
A lyrical collection examines the quotidian beauty that surrounds us despite deep loss and climate crisis The Way of the Earth is the fourth collection from award-winning poet Matthew Shenoda. In this, his most personal collection to date, he explores the temporal and fleeting nature of human life and the earth we inhabit. Through ruminations on the intersections of culture and ecology, the death of loved ones, and the growing inequities in our midst, Shenoda explores what it means to be a person both grounded to the earth and with a yearning beyond it. Memories of landscapes and histories echo throughout the sensations of the present: the sight of egrets wading in the marshes, the smell of the ocean, a child’s hand nestled in a warm palm. “Time never goes back,” Shenoda writes, “but the imagination must.”