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Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.
Describes the continuation and completion of the stagflation project, the celebration of Keynes’s centenary, and Meade’s work on labor-managed firms and the share economy.
Alternative dispute resolution (ADR) mechanisms are complementary to court proceedings and have gained wide acceptance. The main advantage of ADR techniques is that litigants are not bound by the technicalities of ordinary court procedures. Society, the state and parties to a dispute are equally under an obligation to resolve the dispute before it disturbs the peace in the family, business community and, ultimately, humanity as a whole, because a civilised society implies the application of the rule of law and principles of natural justice. In fact, arbitration, one such ADR mechanism, has a long tradition in many countries, and India too has an age-old tradition of settlement of disputes through arbitration and conciliation. In ancient rural India, panchayats were a forum for the settlement of disputes. In villages, disputes were not to be taken to the courts of law; instead, they were referred to the panchayats consisting of village elders who commanded great respect. The village panchayats were so called because each consisted of five (panch) elders, who used to preside over civil, criminal and family disputes; these five elders were referred to as panch parameswar (equating them to the gods). This system worked successfully in the villages and was independent of state authority and control. The concept of parties settling their disputes in a binding manner by referring them to a person or persons of their choice or private tribunals was thus well known in ancient and medieval India. Appeals were also often made against the decisions of such persons or tribunals to the courts of judges appointed by the king and, ultimately, to the king himself.
descibes the setting up and deliberations of the Meade Committee on Tax Reform and its report, also Meade’s Intelligent Radical’s Guide to Economic Policy and the award of his Nobel Prize
Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.
Chapter 6 is Senecan in theme. While it includes some discussion of various classical concepts – casus and occasio in particular – which are picked up by Machiavelli to talk about the effects of chance and contingency in the world of states which he wishes to analyse, the chapter is mainly devoted to staking out the philosophical opposition which Machiavelli’s contentions about fortuna in his theory of the state are designed to overturn; and that opposition is deeply Senecan. The chapter lays out an account of the role of fortuna in Seneca’s moral philosophy. It illuminates the providentialism and determinism underpinning all his thinking about the concept, and draws particular attention to Seneca’s persistent tendency to personify Fortuna as a mistress of slaves and to pictorialize a tyrannical realm under her arbitrary government. The chapter then shows how this Senecan treatment becomes central to humanist thinking about Fortuna from Petrarch onwards and explains why Machiavelli is profoundly bothered by its currency in his own day. Machiavelli takes it as a form of delusion emanating from beliefs about a providentialist world emptied of all the contingencies which must be countered by any truly virtuoso agent in charge of governing the state.
Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.
The armistice of November 1918 did not mean an end to suffering or the need for humanitarian aid. On the contrary, Europe, Russia and the Middle East faced protracted humanitarian emergencies in the months and years that followed. Refugee crises emerged next to war-related displacements in the wake of the disintegration of former empires and the drawing of new borders during peace conferences. As a consequence of the Armenian Genocide and the Bolshevik Revolution, masses of people fled or were resettled, forcibly expelled or evicted. The subsequent civil wars in former Russia, the conflicts in Eastern Europe and the population exchange between Turkey and Greece – the outcome of the Treaty of Lausanne in 1923 and overseen by the League of Nations – produced new waves of displaced persons and desperate refugees in need of support. At the same time, millions of prisoners of war waited, often in miserable conditions, for their repatriation, while famine conditions prevailed in parts of Austria and Germany, reinforced by the Allied blockade, and a terrible famine spread in Soviet Russia between 1921 and 1923.
All these humanitarian emergencies demanded comprehensive continued or new relief efforts, a call that was taken up by established actors, such as the International Committee of the Red Cross (ICRC), the national Red Cross societies and the Quakers, as well as newcomers in the field, such as Save the Children, the American Relief Administration, Near East Relief, the International Workers’ Relief, and the League of Nations.
Chapter 2 continues to dig into the Roman rhetorical tradition in order to clarify some aspects of the intellectual history of a pair of terms, forma and materia, which recur throughout Machiavelli’s political philosophy, allowing him to talk about the shape or form – as well as the stuff, or material – of the entities he is analysing. One prevalent assumption to be found in various parts of the relevant scholarship is that Machiavelli’s use of forma and materia indicates his reliance upon Aristotle. By way of contrast, this chapter argues that we have to turn to consider the historical fortunes of an entirely different set of classical resources. Classical Roman thought deployed the pair of Latin terms materia and forma in rhetorical, literary, architectural, and moral theory within a theoretical landscape far removed from any Aristotelian commitments. This chapter brings a greater measure of historical depth and conceptual precision to the pre-Machiavellian career of these ideas in classical and Renaissance political thought in order to illuminate what Machiavelli is doing with them, and to show why they should be identified as the theoretical foundation of ‘l’arte dello stato’.
Every 5 years, the World Congress of the Econometric Society brings together scholars from around the world. Leading scholars present state-of-the-art overviews of their areas of research, offering newcomers access to key research in economics. Advances in Economics and Econometrics: Twelfth World Congress consists of papers and commentaries presented at the Twelfth World Congress of the Econometric Society. This two-volume set includes surveys and interpretations of key developments in economics and econometrics, and discussions of future directions for a variety of topics, covering both theory and application. The first volume addresses such topics as contract theory, industrial organization, health and human capital, as well as racial justice, while the second volume includes theoretical and applied papers on climate change, time-series econometrics, and causal inference. These papers are invaluable for experienced economists seeking to broaden their knowledge or young economists new to the field.
Live Aid was the singular event that made humanitarianism fashionable on both sides of the Atlantic in the 1980s. In the United Kingdom, it was Comic Relief that sustained and institutionalised this new form of mass giving on a regular basis. In 1988, the comedian Lenny Henry hosted the Red Nose Day telethon which became a regular event and raised £1 billion over the next thirty years. Comic Relief symbolised a new era of humanitarian giving in a televisual age. It shifted attitudes to poverty overseas which then constrained prior government intentions to reduce aid and development spending. And it also helped change public attitudes to charity more generally. Surveys of public opinion evidenced continued high levels of support for overseas aid, and the scepticism towards charity observed at the expansion of the post-war welfare state dissipated. Respondents expressed their views no longer in terms of charity versus the state but in terms of the importance of both public and voluntary provision in the relief of poverty, at home and overseas. The popularity of humanitarianism had increased the acceptability of charity as a solution to poverty more generally.
This chapter formulates the research question and clarifies the critical methodological issues pertaining to the analysis. This is important because the book aims to bring together science and technology studies, sociological systems theory and jurisprudence The topic of the book is then introduced by giving an overview of all the chapters, making clear that a common thread runs throughout the book and that the argument addresses all of the theoretical, empirical and practical aspects of the research question posed at the beginning.