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Ceterus Paribus Laws by John Earman,Clark Glymour,Sandra Mitchell Pdf
Natural and social sciences seem very often to hedge their laws by ceteris paribus clauses - a practice which is philosophically very hard to understand because such clauses seem to render the laws trivial and unfalsifiable. This volume collects the most prominent philosophers of science in the field and presents a lively, controversial, but well-integrated, highly original discussion of the issue. It will be the reference book in the coming years concerning ceteris paribus laws.
All Things Being Equal by Brian D. Smedley,Alan Jenkins Pdf
Eight sparkling essays by leading thinkers on how to give all americans a fair shake, published with a hot new social change group. "If we are to go forward today, we've got to go back and rediscover some mighty precious values that we've left behind."-Rev. Martin Luther King Jr. When we talk about uninsured kids, dozens to a classroom, being taught by teachers with no expertise in their field; about mass incarceration with no rehabilitation; about real estate brokers or employment firms that continue to discriminate into the twenty-first century; about housing programs that reinforce segregation and fail to connect willing workers with the employers who need them, we are mainly talking about failures of opportunity. Contrary to popular belief, opportunity in America is in crisis. Class mobility is at an all-time low, the wage gap is through the roof, and Horatio Algers are few and far between. This and other critical ideas about the state of opportunity are documented in All Things Being Equal, a smart new book from a smart new outfit whose mission is to increase opportunity for all Americans. Half critique, half all-important-road-map-for-the-future,All Things Being Equalincludes eight original essays by top-notch thinkers pointing to areas in American life where opportunity is missing and showing us how to instigate it.
Reproduction of the original. The publishing house Megali specialises in reproducing historical works in large print to make reading easier for people with impaired vision.
He played with a quiet confidence. Statistically, he had few peers. Even now, almost forty years after his first professional contest, his impressive body has withstood the test of time. He was Marshall Faulk before there was a Marshall Faulk. He could catch, he could run, he could block--he did everything. In his complete autobiography, All Things Being Equal, Hall of Fame running back Lenny Moore shares his entire story. Moore recounts many fascinating life experiences, beginning with his upbringing in a blue-color family of thirteen in Reading, Pennsylvania. He explores his standout, yet challenging time in Happy Valley playing for an already legendary coach in Penn State's Rip Engle, and one in-training--Joe Paterno. He also delves into his professional football career with the Baltimore Colts that saw him reach new heights as the MVP of the NFL in 1964. Throughout his amateur and professional career, Moore's toughest competitor was often racism, which battled Moore tooth for tooth. But, as Moore would learn, life would pose other significant battles once his spikes were hung up. Other immortals who played with him--like Johnny Unitas, Gino Marchetti, and Raymond Berry--would easily transition into life after football. Some became businessmen; others carved a new career path as coaches or general managers--but not Moore. In great detail, he describes his difficulties in shifting from having fame and notoriety to not being able to find employment in the town in which he was once celebrated. But Moore eventually found his calling, working with troubled Maryland juveniles, and establishing the Leslie Moore Schorlarship Foundation benefiting underprivileged youths. Today, he also workstoward finding a cure for Scleroderma, after his son passed away of the disease in 2001. Ultimately, All Things Being Equal is the touching journey of one man's self-discovery that, unfortunately, all things are seldom equal.
Mastering 'Metrics by Joshua D. Angrist,Jörn-Steffen Pischke Pdf
An accessible and fun guide to the essential tools of econometric research Applied econometrics, known to aficionados as 'metrics, is the original data science. 'Metrics encompasses the statistical methods economists use to untangle cause and effect in human affairs. Through accessible discussion and with a dose of kung fu–themed humor, Mastering 'Metrics presents the essential tools of econometric research and demonstrates why econometrics is exciting and useful. The five most valuable econometric methods, or what the authors call the Furious Five--random assignment, regression, instrumental variables, regression discontinuity designs, and differences in differences--are illustrated through well-crafted real-world examples (vetted for awesomeness by Kung Fu Panda's Jade Palace). Does health insurance make you healthier? Randomized experiments provide answers. Are expensive private colleges and selective public high schools better than more pedestrian institutions? Regression analysis and a regression discontinuity design reveal the surprising truth. When private banks teeter, and depositors take their money and run, should central banks step in to save them? Differences-in-differences analysis of a Depression-era banking crisis offers a response. Could arresting O. J. Simpson have saved his ex-wife's life? Instrumental variables methods instruct law enforcement authorities in how best to respond to domestic abuse. Wielding econometric tools with skill and confidence, Mastering 'Metrics uses data and statistics to illuminate the path from cause to effect. Shows why econometrics is important Explains econometric research through humorous and accessible discussion Outlines empirical methods central to modern econometric practice Works through interesting and relevant real-world examples
Economic Ideas You Should Forget by Bruno S. Frey,David Iselin Pdf
Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.
Roger G. Ibbotson,Thomas M. Idzorek,Paul D. Kaplan,James X. Xiong
Author : Roger G. Ibbotson,Thomas M. Idzorek,Paul D. Kaplan,James X. Xiong Publisher : CFA Institute Research Foundation Page : 128 pages File Size : 40,7 Mb Release : 2018 Category : Business & Economics ISBN : 9781944960612
Popularity: A Bridge between Classical and Behavioral Finance by Roger G. Ibbotson,Thomas M. Idzorek,Paul D. Kaplan,James X. Xiong Pdf
Classical and behavioral finance are often seen as being at odds, but the idea of “popularity” has been introduced as a way of reconciling the two approaches. Investors like or dislike various characteristics of securities for rational reasons (as in classical finance) or irrational reasons (as in behavioral finance), which makes the assets popular or unpopular. In the capital markets, popular (unpopular) securities trade at prices that are higher (lower) than they would be otherwise; hence, the shares may provide lower (higher) expected returns.This book builds on this idea and expands it in two major ways. First, it introduces a rigorous asset pricing model, the popularity asset pricing model (PAPM), which adds investor preferences for security characteristics other than the risk and expected return that are part of the capital asset pricing model. A major conclusion of the PAPM is that the expected return of any security is a linear function of not only its systematic risk (beta) but also of all security characteristics that investors care about. The other major contribution of the book is new empirical work that, while confirming the well-known premiums (such as size, value, and liquidity) in a popularity context, supports the popularity hypothesis on the basis of portfolios of stocks based on such characteristics as brand value, sustainable competitive advantage, and reputation. Popularity unifies the factors that affect price in classical finance with those that drive price in behavioral finance, thus creating a unifying theory or bridge between classical and behavioral finance.
Author : Örn B. Bodvarsson,Hendrik Van den Berg Publisher : Springer Science & Business Media Page : 481 pages File Size : 53,5 Mb Release : 2013-05-17 Category : Business & Economics ISBN : 9781461421160
The Economics of Immigration by Örn B. Bodvarsson,Hendrik Van den Berg Pdf
The Economics of Immigration is written as a both a reference for researchers and as a textbook on the economics of immigration. It is aimed at two audiences: (1) researchers who are interested in learning more about how economists approach the study of human migration flows; and (2) graduate students taking a course on migration or a labor economics course where immigration is one of the subfields studied. The book covers the economic theory of immigration, which explains why people move across borders and details the consequences of such movements for the source and destination economies. The book also describes immigration policy, providing both a history of immigration policy in a variety of countries and using the economic theory of immigration to explain the determinants and consequences of the policies. The timing of this book coincides with the emergence of immigration as a major political and economic issue in the USA, Japan Europe and many developing countries.
The lesson in Other Things Being Equal is that a Jewish girl, all other things being equal, may marry a Christian boy. She falls in love with a young doctor in San Francisco. This is a pure love story where religious differences can be overcome. At one point in the story love and youth must come up against old prejudices and wisdom. Emma Wolf shows the peace and love that can be found in a modern Jewish home.
The Privatization of Everything by Donald Cohen,Allen Mikaelian Pdf
The book the American Prospect calls “an essential resource for future reformers on how not to govern,” by America’s leading defender of the public interest and a bestselling historian “An essential read for those who want to fight the assault on public goods and the commons.” —Naomi Klein A sweeping exposé of the ways in which private interests strip public goods of their power and diminish democracy, the hardcover edition of The Privatization of Everything elicited a wide spectrum of praise: Kirkus Reviews hailed it as “a strong, economics-based argument for restoring the boundaries between public goods and private gains,” Literary Hub featured the book on a Best Nonfiction list, calling it “a far-reaching, comprehensible, and necessary book,” and Publishers Weekly dubbed it a “persuasive takedown of the idea that the private sector knows best.” From Diane Ravitch (“an important new book about the dangers of privatization”) to Heather McGhee (“a well-researched call to action”), the rave reviews mirror the expansive nature of the book itself, covering the impact of privatization on every aspect of our lives, from water and trash collection to the justice system and the military. Cohen and Mikaelian also demonstrate how citizens can—and are—wresting back what is ours: A Montana city took back its water infrastructure after finding that they could do it better and cheaper. Colorado towns fought back well-funded campaigns to preserve telecom monopolies and hamstring public broadband. A motivated lawyer fought all the way to the Supreme Court after the state of Georgia erected privatized paywalls around its legal code. “Enlightening and sobering” (Rosanne Cash), The Privatization of Everything connects the dots across a wide range of issues and offers what Cash calls “a progressive voice with a firm eye on justice [that] can carefully parse out complex issues for those of us who take pride in citizenship.”
Euclid's Elements (the Thirteen Books) by Euclid Pdf
Euclid was a mathematician from the Greek city of Alexandria who lived during the 4th and 3rd century B.C. and is often referred to as the "father of geometry." Within his foundational treatise "Elements," Euclid presents the results of earlier mathematicians and includes many of his own theories in a systematic, concise book that utilized a brief set of axioms and meticulous proofs to solidify his deductions. In addition to its easily referenced geometry, "Elements" also includes number theory and other mathematical considerations. For centuries, this work was a primary textbook of mathematics, containing the only framework for geometry known by mathematicians until the development of "non-Euclidian" geometry in the late 19th century. The extent to which Euclid's "Elements" is of his own original authorship or borrowed from previous scholars is unknown, however despite this fact it was his collation of these basic mathematical principles for which most of the world would come to the study of geometry. Today, Euclid's "Elements" is acknowledged as one of the most influential mathematical texts in history. This volume includes all thirteen books of Euclid's "Elements," is printed on premium acid-free paper, and follows the translation of Thomas Heath.
We’ve all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we’re told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage. But what if that narrative is wrong? What if the real threat to the American Dream isn’t rising income inequality—but an all-out war on success? In Equal is Unfair, a timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we’ve been taught about inequality is wrong. You’ll discover: • why successful CEOs make so much money—and deserve to • how the minimum wage hurts the very people it claims to help • why middle-class stagnation is a myth • how the little-known history of Sweden reveals the dangers of forced equality • the disturbing philosophy behind Obama’s economic agenda. The critics of inequality are right about one thing: the American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success—not pull down the high fliers in the name of equality.