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There are, by now, several long term, time series data sets on important housing & macro variables, such as land prices, house prices, and the housing wealth-to-income ratio. However, an appropriate theory that can be employed to think about such data and associated research questions has been lacking. We present a new housing & macro model that is designed specifically to analyze the long term. As an illustrative application, we demonstrate that the calibrated model replicates, with remarkable accuracy, the historical evolution of housing wealth (relative to income) after World War II and suggests a further considerable increase in the future. The model also accounts for the close connection of house prices to land prices in the data. We also compare our framework to the canonical housing & macro model, typically employed to analyze business cycles, and highlight the main differences.
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables—defined as deviations of temperature and precipitation from their historical norms. Using a panel data set of 174 countries over the years 1960 to 2014, we find that per-capita real output growth is adversely affected by persistent changes in the temperature above or below its historical norm, but we do not obtain any statistically significant effects for changes in precipitation. Our counterfactual analysis suggests that a persistent increase in average global temperature by 0.04°C per year, in th...
In dialogues with three celestial ladies, Reason, Rectitude, and Justice, Christine de Pizan (1365-ca. 1429) builds an allegorical fortified city for women using examples of the important contributions women have made to Western Civilization and arguments that prove their intellectual and moral equality to men. Earl Jeffrey Richards' acclaimed translation is used nationwide in the most eminent colleges and universities in America, from Columbia to Stanford.
In 1906 and 1907 I gave, as a part of my regular work at the Summer School of Harvard University, an “Introduction to Ethics, with Special. Reference to the Interests of Teachers” A few lectures, summing up the main principles that lay at the basis of this ethical course as it had been given in the summer of 1906, were delivered in January and February, 1907, before a general academic audience, during a brief visit of mine at the University of Illinois. In several other places, both in the West and in the East, I have also presented portions of my views upon ethics; and in the summer of 1907 four general lectures on the topic were repeated before the Summer School of Theology at Harvard....
This book discusses the far-reaching effects that translated texts may have in the target culture and illustrates that translation as a culture-transcending process is an important way of forming cultural identities and of positioning cultures. Lawrence Venuti discusses the enormous power translation wields in constructing representations of foreign cultures. The conservative or transgressive effects of translation are illustrated by several translation projects from different periods: novels, philosophical texts, and religious texts. Candace Seguinot focuses on effects of globalisation for translating advertising. She argues that the marketing of goods and services across cultural boundarie...
Recent years have seen a dramatic change in scholarly views of the later career of Arabic and Islamic philosophy. For much of the twentieth century, researchers tended to dismiss the value of Arabic writings on philosophy and logic after the twelfth century, often on the basis of the prejudice that handbooks, commentaries and glosses are of necessity pedantic and unoriginal. This assumption has now been abandoned. As a consequence, a vast amount of later Arabic writings on philosophy and logic, hitherto neglected, are now being studied and edited. The present work is an attempt at giving an overview of the development of Arabic logic from 1200 to 1800, identifying major themes, figures and works in this period, while taking into account regional differences within the Islamic world. It offers a corrective to Nicholas Rescher's seminal but now outdated The Development of Arabic Logic, published in 1964.
"Whoever does not love does not know God, because God is love." -- 1 John 4:8 Are you looking to enrich a healthy relationship, revitalize a tired one, or rescue one gone awry? Do you yearn to grow closer to God, and to further incorporate Him and His teachings into your marriage? We all want a lifetime of love, support, and faith. But sometimes we need a little help. Enter Dr. Sue Johnson, developer of Emotionally Focused Therapy (EFT) and "the best couple therapist in the world," according to bestselling relationship expert Dr. John Gottman. In Created For Connection, Dr. Johnson and Kenneth Sanderfer, a leading EFT practitioner in the Christian community, share Johnson's groundbreaking an...
It's the middle of the twenty-first century, and the next Ice Age has suddenly sent global warming into reverse. Saul is one of the Ice People, the threatened peoples of the northern hemisphere, who, watching their world freeze over, try to move south towards the equator... 'Excellent ... intelligent, driven, imaginative, obsessive yet still gracious, one of our best ... Exciting stuff.' Fay Weldon 'Ambitious and subtle... She writes elegantly, unsentimentally, expertly... The Ice People works persuasively as science fiction, and is truthful about our emotional lives.' Independent 'Infused with poetic intensity ... this is a gripping fictional realisation of what we fear: the death of civili...
Using Greek, Arabic, Persian, and Ottoman sources, this volume looks at the relations between Byzantium and its eastern neighbours in the thirteenth century, and presents a new interpretation of the Nicaean Empire and highlights the evidence for its wealth and power.