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Leonardo's Holy Child
Fred Klineis a well-known art historian, dealer, connoisseur, and explorer who has made a career of scouring antique stores, estate sales, and auctions looking for unusual—and often misidentified—works of art. Many of the gems he has found are now in major museum collections like the Frick, the Getty, and the Metropolitan Museum of Art. But this book is about the discovery of one piece in particular. . . About ten years ago, when Kline was routinely combing through a Christie's catalog, a beautiful little drawing caught his eye. Attributed to Carracci, it came with a very low estimate, but Kline's every instinct told him that the attribution was wrong. He placed a bid and the low asking ...
Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts
We find that inflation, output and the stance of monetary policy do not typically display unusual behavior ahead of asset price busts. By contrast, credit, shares of investment in GDP, current account deficits, and asset prices typically rise, providing useful, if not perfect, leading indicators of asset price busts. These patterns could also be observed in the build-up to the current crisis. Monetary policy was not the main, systematic cause of the current crisis. But, with inflation typically under control, central banks effectively accommodated these growing imbalances, raising the risk of damaging busts.
Monetary and Macroprudential Policy Rules in a Model with House Price Booms
We argue that a stronger emphasis on macrofinancial risk could provide stabilization benefits. Simulations results suggest that strong monetary reactions to accelerator mechanisms that push up credit growth and asset prices could help macroeconomic stability. In addition, using a macroprudential instrument designed specifically to dampen credit market cycles would also be useful. But invariant and rigid policy responses raise the risk of policy errors that could lower, not raise, macroeconomic stability. Hence, discretion would be required.
Leonardo Dreams of His Flying Machine
(Book). What would it be like to soar over the rooftops and towers of an Italian Renaissance city? Leonardo da Vinci dreamed of doing just that. His genius and imagination have inspired artists and inventors for centuries, including the creators of this book. Experience the lyrics for Eric Whitacre's choral masterpieces Leonardo Dreams of His Flying Machine in a whole new way with dramatic illustrations by Anne Horjus, and an informative and entertaining appendix to inspire the artist and inventor in you! Whitacre's music can be heard in live choral performances all over the world. There are also many fine recordings, and performances to watch onlien. Listen to the choral work while reading along with the text and be inspired by the visual storytelling for a multi-sensory experience and soar with Master Leonardo!
Learning from Leonardo
Leonardo da Vinci was a brilliant artist, scientist, engineer, mathematician, architect, inventor, and even musician—the archetypal Renaissance man. But he was also a profoundly modern man. Not only did Leonardo invent the empirical scientific method over a century before Galileo and Francis Bacon, but Capra's decade-long study of Leonardo's fabled notebooks reveals that he was a systems thinker centuries before the term was coined. At the very core of Leonardo's science, Capra argues, lies his persistent quest for understanding the nature of life. His science is a science of living forms, of qualities and patterns, radically different from the mechanistic science that emerged 200 years la...
