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CoMap: Mapping Contagion in the Euro Area Banking Sector
This paper presents a novel approach to investigate and model the network of euro area banks’ large exposures within the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic risk of the euro area banking system based on bilateral linkages. We develop a Contagion Mapping model fully calibrated with bank-level data to study the contagion potential of an exogenous shock via credit and funding risks. We find that tipping points shifting the euro area banking system from a less vulnerable state to a highly vulnerable state are a non-linear function of the combination of network structures and bank-specific characteristics.
The Great Adaptation
The Great Adaptation tells the story of how scientists, governments and corporations have tried to deal with the challenge that climate change poses to capitalism by promoting adaptation to the consequences of climate change, rather than combating its causes. From the 1970s neoliberal economists and ideologues have used climate change as an argument for creating more "flexibility" in society, that is for promoting more market-based solutions to environmental and social questions. The book unveils the political economy of this potent movement, whereby some powerful actors are thriving in the face of dangerous climate change and may even make a profit out of it
Memetics and Evolutionary Economics
This book explores the question of whether and how meme theory or “memetics” can be fruitfully utilized in evolutionary economics and proposes an approach known as “economemetics” which is a combination of meme theory and complexity theory that has the potential to combat the fragmentation of evolutionary economics while re-connecting the field with cultural evolutionary theory. By studying the intersection of cultural and economic evolution, complexity economics, computational economics, and network science, the authors establish a connection between memetics and evolutionary economics at different levels of investigation. The book first demonstrates how a memetic approach to econom...
The Next Big Story
From top CNN anchor and special correspondent Soledad O'Brien comes a highly personal look at her biggest reporting moments from Hurricane Katrina, the tsunami in Southeast Asia, the devastating Haiti earthquake, and to the historic 2008 U.S. elections and high profile interviews with everyday Americans. Drawing on her own unique background as well as her experiences at the front lines of the most provocative issues in today's society, and from her work on the acclaimed documentaries Black in America and Latino in America, O'Brien offers her candid, clear-eyed take on where we are as a country and where we're going. What emerges is both an inspiring message of hope and a glimpse into the heart and soul of one of America's most straight-talking reporters.
AI at War
Artificial intelligence (AI) may be the most beneficial technological development of the twenty-first century.Media hype and raised expectations for results, however, have clouded understanding of the true nature of AI—including its limitations and potential. AI at War provides a balanced and practical understanding of applying AI to national security and warfighting professionals as well as a wide array of other readers. Although the themes and findings of the chapters are relevant across the U.S. Department of Defense, to include all Services, the Joint Staff and defense agencies as well as allied and partner ministries of defense, this book is a case study of warfighting functions in the Naval Services—the U.S. Navy and U.S. Marine Corps. Sam J. Tangredi and George Galdorisi bring together over thirty experts, ranging from former DOD officials and retired flag officers to scientists and active duty junior officers. These contributors present views on a vast spectrum of subjects pertaining to the implementation of AI in modern warfare, including strategy, policy, doctrine, weapons, and ethical concerns.
A Donation of Murder
The fifth in the Dr Dodi McCleland series -- Agatha Christie meets Phryne Fisher Forensic doctor Dody McCleland is horrified when the seemingly dead body of a well-dressed woman she has just sliced with her scalpel bolts upright with a howl. Dody has heard of bodies frozen into a false death before but never come face to face with the phenomenon. She feels a terrible debt -- and a strange connection -- to this woman, discovered incongruously near the notorious Anchor and Whistle public house. Yet Dody is puzzled: how did a woman of such means and intelligence come to be left for dead in the icy cold of this unsavoury district? Meanwhile, Chief Inspector Pike has a gang of jewel thieves with ...
