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Microeconomics and Exegesis
Religion is one of humanity's most important cultural achievements, and it continues to have a great influence on people's lives, even to this day. At the same time, however, it is a puzzling phenomenon: Religious teachings often contradict the rational insights of modern science. Numerous attempts have therefore been made throughout the history of humankind to overcome this conflict. This book presents a new interpretation method for religion based on microeconomic theory. Microeconomics is the field of economics that describes human behavior using theoretical models. In the recent past, various branches of microeconomics have emerged, each of which investigates specific aspects of human be...
The Greys
Captain Thomas Krueger is a Marine commander who has just returned from fighting the Taliban in Afghanistan. After he is awarded for his heroism during a violent battle where beings from another world made a surprising appearance, Krueger is reassigned by his Afghan commander to Camp Pendleton, California, to complete SEAL training and investigate recent activity by the mysterious alien presence known as the Greys. As Krueger slowly learns of the extent and complexity of the alien presence, he is joined by Samuel Diaz, a naval physicist who helps him understand the mission of the Greys: to observe and influence civilization--sometimes with deadly consequences. Along their journey, the two me...
Fiscal Policies and Growth in the World Economy
Covering a full array of topics in open economy macro and public economics, Fiscal Policies and Growth in the World Economy has been thoroughly revised and extended. The added material in this new edition includes stochastic rational-expectations extensions of the Mundell-Fleming model, the development of a dynamic-optimizing approach of the trade balance, and an entirely new part on issues of international economic convergence, which also contains a comprehensive policy overview. Other chapters have been updated or reorganized, and there is a brief guide to solving typical dynamic macro problems along with a printout of software suitable for numerical simulations. A companion diskette conta...
Contagion
Several concepts of contagion are distinguished. It is argued that only models that admit of multiple equilibria are capable of producing true contagion. A simple balance of payments model is presented to illustrate that phenomenon, and some back-of-the-envelope calculations assess its relevance to the coincidence of emerging market crises in 1994–95 and in 1997.
Forging a Community
"In Forging a Community, editors Escobar and Lane present an excellent overview of this comparatively neglected Latino settlement. The selections are quite readable and well-balanced." —Lance Trusty, Purdue University Calumet, The Old Northwest
Arrears to the IMF – A Ghost of the Past?
In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and formal methods. In addition, we analyze determinants of the duration of arrears. We find that previous arrears, reserves coverage, and institutional quality are among the main determinants of arrears. In addition, we identify a role for political developments, including civil unrest, which make arrears more likely to arise and to last longer. We conclude that improved macroeconomic conditions and turnaround of political fortunes would help to clear the currently remaining protracted arrears cases.
Modernizing China
China is at a critical juncture in its economic transformation as it tries to rebalance what is generally seen as an exhausted growth model. A unifying theme across the reforms that will deliver this transformation is that it can no longer be achieved by raising the amount of physical investment and government direction of resource allocation. Instead China is building a new set of policy frameworks that will allow markets to function more effectively—not unfettered markets, but markets that work efficiently, in line with broad social and other policy goals, and in a sustainable way. Hence, China is now building a new soft infrastructure, that is, the institutional plumbing that underpins ...
Motorcycles, Mates and Memories
Motorcycling social history, as seen from the saddle. Bill Snelling's entertaining autobiography recounts a lifetime spent at the heart of British motorcycle sport, and living on the Isle of Man.
