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DIVOriginal essays by prominent legal scholars on the recent intellectual revival of freedom of contract and the value of free bargaining; the essays will be gleaned from a series of conferences organized around areas where bargaining rights might be expande/div
The regulation of financial markets has for years been the domain of lawyers, legislators, and lobbyists. In this unique volume, experts in industrial organization, finance, and law, as well as members of regulatory agencies and the securities industry, examine the securities industry from an economic viewpoint. Ten original essays address topics including electronic trading and the "virtual"stock exchange; trading costs and liquidity on the London and Tokyo Stock Exchanges and in the German and Japanese government bond markets; international coordination among regulatory agencies; and the impact of changing margin requirements on stock prices, volatility, and liquidity. This clear presentation of groundbreaking research will appeal to economists, lawyers, and legislators who seek a refreshingly new perspective on policy issues in the securities industry.
Policy-relevant economic research on health care and health policy issues.
An argument for a major federal program to stimulate innovation in energy technology and a proposal for a policy approach to implement it. America is addicted to fossil fuels, and the environmental and geopolitical costs are mounting. A public-private program—at an expanded scale—to stimulate innovation in energy policy seems essential. In Structuring an Energy Technology Revolution, Charles Weiss and William Bonvillian make the case for just such a program. Their proposal backs measures to stimulate private investment in new technology, within a revamped energy innovation system. It would encourage a broad range of innovations that would give policymakers a variety of technological options over the long implementation period and at the huge scale required, faster than could be accomplished by market forces alone. Even if the nation can't make progress at this time on pricing carbon, a technology strategy remains critical and can go ahead now. Strong leadership and public support will be needed to resist the pressure of entrenched interests against putting new technology pathways into practice in the complex and established energy sector. This book has helped start the process.
"An essential reference for specialists in the economics of technological change."--D. G. McFertridge, Canadian Journal of Economics
Building on past work, the authors outline an integrated model for linking suicide and homicide and show how that research from this perspective can further our understanding of violence. Specifically, they show that research based on this model provides new insights into how structural and cultural factors combine to produce high homicide levels in the American South and cross-national difference in lethal violence rates. In conclusion, they evaluate the model's utility, address possible criticisms of this perspective, and suggest avenues for further investigations of lethal violence.
Of all the things we do and say, most will never be repeated or reproduced. Once in a while, however, an idea or a practice generates a chain of transmission that covers more distance through space and time than any individual person ever could. What makes such transmission chains possible? For two centuries, the dominant view (from psychology to anthropology) was that humans owe their cultural prosperity to their powers of imitation. In this view, modern cultures exist because the people who carry them are gifted at remembering, storing and reproducing information. How Traditions Live and Die proposes an alternative to this standard view. What makes traditions live is not a general-purpose ...
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