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The Journal of Law and Economics, volume 66 number 4 (November 2023)
Par The Journal of Law and Economics. 2023
This is volume 66 issue 4 of The Journal of Law and Economics. Established in 1958, the Journal of Law…
and Economics publishes research on a broad range of topics, including the economic analysis of law, the economic analysis of regulation and the behavior of regulated firms, industrial organization and antitrust policy, the political economy of legislation and legislative processes, law and finance, and corporate finance and governance. The JLE has published some of the most influential and widely cited articles in these areas. It is an invaluable resource for academics and those interested in cutting-edge analysis of current public policy issues.Constitutional Law for the Criminal Justice Professional
Par Carl J. Franklin. 1999
Written in a simple, straightforward manner, this book will help today's criminal justice student better understand con law issues as…
well as the complicated development of constitutional rights and law. In its simple, easy to understand format, this book is a must for both current criminal justice professionals and students studying to enter the pKnowledge Management Handbook: Collaboration and Social Networking, Second Edition
Par Jay Liebowitz. 2012
Recent research shows that collaboration and social networking foster knowledge sharing and innovation by sparking new connections, ideas, and practices.…
Yet these informal networks are often misunderstood and poorly managed. Building on the groundbreaking, bestselling first edition, Knowledge Management Handbook: Collaboration and Social NetworkinEducating Scientists and Engineers for Academic and Non-Academic Career Success (ISSN)
Par James Speight. 2015
In an increasingly technological world, the education of scientists and engineers has become an activity of growing importance. Educating Scientists…
and Engineers for Academic and Non-Academic Career Success focuses on the structure of the current educational system and describes the transformations needed to ensure the adequate education of futureThe world’s people and their leaders face a complex and multifaceted set of ‘eco-social questions’. As the productivity of humanity…
increases, the negative external environmental effects of production and consumption patterns become increasingly problematic and threaten the human welfare. As the regulating power of national and international governments is limited, this challenge has generated a strong interest in the corporate social responsibility (CSR) of companies. Firms find it increasingly important to meet the expectations of stakeholders with respect to the company’s contribution to profit, planet, and people. The primary aim of this book is to introduce the reader to the impacts and drivers of CSR, with a special focus on small and medium-sized enterprises (SMEs). Research into the social and environmental impacts of CSR is rare. This is a serious gap because if CSR were to fail to have favourable social and environmental impacts on society, the whole concept may become redundant. If societal impacts of CSR are substantial, it is important to know the drivers of CSR. This book considers (1) factors internal to the company, (2) the competitive environment of the company, (3) institutions external to the company, and (4) how the impacts of institutions are mediated or moderated by company internal factors.This book will fill this gap by estimating various types of models that integrate external and internal factors driving CSR and its impacts on environment, innovation, and reputation, making it a valuable resource for researchers, academics, and students in the fields of business management and CSR.Knowledge Management and E-Learning
Par Jay Liebowitz, Michael S. Frank. 2011
The rapidly growing demand for online courses and supporting technology has resulted in a plethora of structural and functional changes…
and challenges for universities and colleges. These changes have led many distance education providers to recognize the value of understanding the fundamental concepts of both e-learning and knowledge management (KPharmaceutical Supply Chain: Drug Quality and Security Act
Par Fred A. Kuglin. 2016
Error-proofing in the production process of pharmaceuticals isn‘t just a matter of good business, it has life-and-death implications for consumers.…
To that end, the 2013 Drug Quality and Security Act in large part requires new mandates on tracking and tracing chain of custody in the supply chain. Pharmaceutical Supply Chain: Drug Quality and SecuriTaming the Octopus: The Long Battle for the Soul of the Corporation
Par Kyle Edward Williams. 2024
The untold story of how efforts to hold big business accountable changed American capitalism. Recent controversies around environmental, social, and…
governance (ESG) investing and “woke capital” evoke an old idea: the Progressive Era vision of a socially responsible corporation. By midcentury, the notion that big business should benefit society was a consensus view. But as Kyle Edward Williams’s brilliant history, Taming the Octopus, shows, the tools forged by New Deal liberals to hold business leaders accountable, such as the Securities and Exchange Commission, narrowly focused on the financial interests of shareholders. This inadvertently laid the groundwork for a set of fringe views to become dominant: that market forces should rule every facet of society. Along the way, American capitalism itself was reshaped, stripping businesses to their profit-making core. In this vivid and surprising history, we meet activists, investors, executives, and workers who fought over a simple question: Is the role of the corporation to deliver profits to shareholders, or something more? On one side were “business statesmen” who believed corporate largess could solve social problems. On the other were libertarian intellectuals such as Milton Friedman and his oft-forgotten contemporary, Henry Manne, whose theories justified the ruthless tactics of a growing class of corporate raiders. But Williams reveals that before the “activist investor” emerged as a capitalist archetype, Civil Rights groups used a similar playbook for different ends, buying shares to change a company from within. As a rising tide of activists pushed corporations to account for societal harms from napalm to environmental pollution to inequitable hiring, a new idea emerged: that managers could maximize value for society while still turning a maximal profit. This elusive ideal, “stakeholder capitalism,” still dominates our headlines today. Williams’s necessary history equips us to reconsider democracy’s tangled relationship with capitalism.Business and Government in Canada (Governance Series)
Par Jeffrey Roy. 2007
Boundaries between business and government are increasingly fluid and often transcended. Yet it remains important to acknowledge and make appropriate…
use of the fundamental differences between these sectors. Five areas that offer the most critical challenges to business and government in Canada today are corporate governance, lobbying and influence, security and privacy, public-private partnerships, and geography and development. This book is an exploration of the systemic dynamics of the inter-sectoral governance that shape the collective performance of Canada's national jurisdiction. Three perspectives of the relational dynamics between business and government, drawn from leading Canadian scholars, are adopted in order to frame the examination of independence, influence, and interdependence. This book makes a case for the advancement of “virtuous hybrids,” while pointing out the challenges that remain in terms of the formation and successful performance of such hybrids in Canada, a challenge that calls for political leadership as well as social learning. An informed and engaged public, wearing multiple hats (i.e. as voter, shareholder, employee, activist etc.) would be the ultimate arbiter of sectoral and collective performance.The Fight to Save the Town: Reimagining Discarded America
Par Michelle Wilde Anderson. 2022
A sweeping and eye-opening study of wealth inequality and the dismantling of local government in four working-class US cities that…
passionately argues for reinvestment in people-centered leadership and offers &“a welcome reminder of what government can accomplish if given the chance&” (San Francisco Chronicle).Decades of cuts to local government amidst rising concentrations of poverty have wreaked havoc on communities left behind by the modern economy. Some of these discarded places are rural. Others are big cities, small cities, or historic suburbs. Some vote blue, others red. Some are the most diverse communities in America, while others are nearly all white, all Latino, or all Black. All are routinely trashed by outsiders for their poverty and their politics. Mostly, their governments are just broke. Forty years after the anti-tax revolution began protecting wealthy taxpayers and their cities, our high-poverty cities and counties have run out of services to cut, properties to sell, bills to defer, and risky loans to take.In this &“astute and powerful vision for improving America&” (Publishers Weekly), urban law expert and author Michelle Wilde Anderson offers unsparing, humanistic portraits of the hardships left behind in four such places. But this book is not a eulogy or a lament. Instead, Anderson travels to four blue-collar communities that are poor, broke, and progressing. Networks of leaders and residents in these places are facing down some of the hardest challenges in American poverty today. In Stockton, California, locals are finding ways, beyond the police department, to reduce gun violence and treat the trauma it leaves behind. In Josephine County, Oregon, community leaders have enacted new taxes to support basic services in a rural area with fiercely anti-government politics. In Lawrence, Massachusetts, leaders are figuring out how to improve job security and wages in an era of backbreaking poverty for the working class. And a social movement in Detroit, Michigan, is pioneering ways to stabilize low-income housing after a wave of foreclosures and housing loss.Our smallest governments shape people&’s safety, comfort, and life chances. For decades, these governments have no longer just reflected inequality—they have helped drive it. But it doesn&’t have to be that way. Anderson shows that &“if we learn to save our towns, we will also be learning to save ourselves&” (The New York Times Book Review).Technological Advances in Interactive Collaborative Learning
Par Nia Alexandrov, Raul Ramirez Velarde, Vassil Alexandrov. 2013
Exploring the latest developments in the technology and pedagogy of higher education, Technological Advances in Interactive Collaborative Learning presents information…
technology-oriented educational programs for the next generation of scientists and researchers. It highlights the importance of technology, pedagogy, and management in the higher eduBeyond the Grave: The Right Way and the Wrong Way of Leaving Money to Your Children (and Others)
Par Jeffery L. Condon. 1995
This expert, one-of-a-kind handbook shows you how to ensure that your inheritance instructions will be carried out the way you…
want them to be; protect your children's inheritance from creditors, ex-spouses, addictions, tax troubles, mismanagement, squandering, and other risks of loss; prevent family conflict that can arise when parents die and children divide the "family money"; leave more money to your children and grandchildren, and less to the IRS; avoid creating inheritance problems in your family with "cautionary tales" of inheritance planning gone bad; understand why you still have to deal with estate tax issues even if your net worth falls below the new death-tax-exemption.21st Century Monetary Policy: The Federal Reserve From The Great Inflation To Covid-19
Par Ben S. Bernanke. 2022
21st Century Monetary Policy takes readers inside the Federal Reserve, explaining what it does and why. In response to the…
COVID-19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U.S. economy. Chair Jerome Powell and his colleagues lent directly to U.S. businesses, purchased trillions of dollars of government securities, pumped dollars into the international financial system, and crafted a new framework for monetary policy that emphasized job creation. These strategies would have astonished Powell’s late-20th-century predecessors, from William McChesney Martin to Alan Greenspan, and the advent of these tools raises new questions about the future landscape of economic policy. In 21st Century Monetary Policy, Ben S. Bernanke—former chair of the Federal Reserve and one of the world’s leading economists—explains the Fed’s evolution and speculates on its future. Taking a fresh look at the bank’s policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed’s innovations. He also lays out new challenges confronting the Fed, including the return of inflation, cryptocurrencies, increased risks of financial instability, and threats to its independence. Beyond explaining the central bank’s new policymaking tools, Bernanke also captures the drama of moments when so much hung on the Fed’s decisions, as well as the personalities and philosophies of those who led the institution.Political Economy as Theodicy: Progress, Suffering and Denial (ISSN)
Par David L. Blaney. 2024
Political Economy as Theodicy: Progress, Suffering and Denial proposes that political economics operates within a theological symbolic order that dictates…
modern sociopolitical and economic life as a whole.This book revisits the work of key figures in the history of political economy and economic thought – primarily Adam Smith, Bernard Mandeville, David Hume, Thomas Malthus, W. Stanley Jevons, Alfred Marshall and John Bates Clark. Theodicy is a constitutive element of an international political economy (IPE) that often disavows moral evil, while it conversely redefines such evil as an actual good within economic life. Beginning with the Enlightenment thinkers and continuing through to the modern neoclasscial economists, this book traces the initial emergence of a natural theological basis for political economic thinking and concludes with a discussion of its application in modern IPE. Relying upon a postcolonial framework, the author seeks to provincialize economics, creating space for alternative modes of being and doing.This book will appeal to scholars and advanced students of IPE, political theology, international relations and postcolonial studies.You are being surveilled right now. This sweeping exposé reveals how the U.S. government allied with data brokers, tech companies,…
and advertisers to monitor us through the phones we carry and the devices in our home.&“A revealing . . . startling . . . timely . . . fascinating, sometimes terrifying examination of the decline of privacy in the digital age.&”—Kirkus Reviews&“That evening, I was given a glimpse inside a hidden world. . . . An entirely new kind of surveillance program—one designed to track everyone.&”For the past five years—ever since a chance encounter at a dinner party—journalist Byron Tau has been piecing together a secret story: how the whole of the internet and every digital device in the world became a mechanism of intelligence, surveillance, and monitoring.Of course, our modern world is awash in surveillance. Most of us are dimly aware of this: Ever get the sense that an ad is &“following&” you around the internet? But the true potential of our phones, computers, homes, credit cards, and even the tires underneath our cars to reveal our habits and behavior would astonish most citizens. All of this surveillance has produced an extraordinary amount of valuable data about every one of us. That data is for sale—and the biggest customer is the U.S. government.In the years after 9/11, the U.S. government, working with scores of anonymous companies, many scattered across bland Northern Virginia suburbs, built a foreign and domestic surveillance apparatus of breathtaking scope—one that can peer into the lives of nearly everyone on the planet. This cottage industry of data brokers and government bureaucrats has one directive—&“get everything you can&”—and the result is a surreal world in which defense contractors have marketing subsidiaries and marketing companies have defense contractor subsidiaries. And the public knows virtually nothing about it.Sobering and revelatory, Means of Control is the defining story of our dangerous grand bargain—ubiquitous cheap technology, but at what price?Statistical Tools for Program Evaluation: Methods and Applications to Economic Policy, Public Health, and Education
Par Jean-Michel Josselin, Benoît Le Maux. 2017
This book provides a self-contained presentation of the statistical tools required for evaluating public programs, as advocated by many governments,…
the World Bank, the European Union, and the Organization for Economic Cooperation and Development. After introducing the methodological framework of program evaluation, the first chapters are devoted to the collection, elementary description and multivariate analysis of data as well as the estimation of welfare changes. The book then successively presents the tools of ex-ante methods (financial analysis, budget planning, cost-benefit, cost-effectiveness and multi-criteria evaluation) and ex-post methods (benchmarking, experimental and quasi-experimental evaluation). The step-by-step approach and the systematic use of numerical illustrations equip readers to handle the statistics of program evaluation. It not only offers practitioners from public administrations, consultancy firms and nongovernmental organizations the basic tools and advanced techniques used in program assessment, it is also suitable for executive management training, upper undergraduate and graduate courses, as well as for self-study.The Origins and Nature of Scandinavian Central Banking (Palgrave Macmillan Studies in Banking and Financial Institutions)
Par Steffen Elkiær Andersen. 2016
This book explores the formation and evolution of Scandinavian central banks. It begins by defining the nature of “central banking” in…
general, before moving on to investigate how and when it became meaningful to regard today’s Scandinavian central banks as such. It also explores how Scandinavian central banks have conformed to the defined ideals of “central banks” over the last 100 years, clarifying the distinctions between commercial banks and central banks, and between central banks and departments of governments. The author shows how the outbreak of the Great War was the catalyst which fundamentally transformed the originally purely commercial banks into “central banks”. The book also analyses how different the three Scandinavian central banks are, how these differences can be explained by the different political and economic circumstances surrounding their original formation, and the differences in the political environments in which they later developed.Public-Private Partnerships in Russia: Institutional Frameworks and Best Practices (Competitive Government: Public Private Partnerships)
Par Oleg V. Ivanov, Agnessa O. Inshakova. 2020
This volume presents the history and current state of the public-private partnership (PPP) sector in Russia. It analyzes the legal…
and institutional framework of PPPs as well as approaches and best practices for public administrations at federal and regional level to promote PPPs. Special attention is given to the management of PPP projects in different phases of their life cycle and to the legal and financial structuring of PPP projects. In addition, the contributions highlight best PPP practices in various sectors - from transport infrastructure to information technology - and also discuss international aspects of PPP. The volume is aimed at scholars in economics and public administration as well as public decision-makers interested in modern trends in the Russian economy and the development of successful business development.China’s Financial System: Growth and Inefficiency
Par Dominique De Rambures, Felipe Escobar Duenas. 2017
This book examines the volatile landscape of the Chinese economy and the barriers to its continuing development. The author argues…
that underlying inefficiencies in China’s financial system currently prevent the further growth of its institutions and inhibit reform of monetary and fiscal policy. Rambures shows that, despite efforts to avoid a “middle income trap”, such long-overdue structural reforms are still faced with strong resistance from both economic and political circles. Chapters discuss approaches in tackling the Chinese national debt, the recent stock exchange collapse and subsequent currency devaluation, declining trade surplus, the wariness of foreign investors and its negative impact on foreign exchange reserves, and the heavy burden of state-owned “zombie companies”. The discussion positions current economic events within the context of China’s transition from a foreign trade and investment-led economy to one that is propelled by domestic consumption, service industries and innovation. Crucially, Rambures also addresses financial trends with reference to pervasive long-term influencing factors such as an ageing population, increasing inequality, corruption, pollution and migration.This book is a critical analysis of the impact of the financial system on the economy, society and the natural…
environment. It cuts through the noise to looks at its purpose, its activities, and what it does in practice.Unlike other books that cover the last financial crisis and the risk of another one; this book is about the consequence of the financial system continuing in its current form. It argues that the financial system is a construct of flawed economic theories, designed in the hope that the market will efficiently allocate society’s capital. Instead, the finance sector allocates savings and investment to maximize its own revenues, with resulting collateral damage to the economy, society and the environment.Although governments try to preserve and regulate the existing system, it is being replaced by a new system driven by technological innovation. The book describes the opportunities this presents for a renaissance of the financial system to actually meet the needs of society, and to re-engineer our economy to avoid environmental crisis.The book is for anyone who would like to understand the finance system’s purpose, what it does in practice and its impact on the real world. For those working in the industry it provides an overview of the system, their place within it, and how to bring about change. For students and academics it provides a valuable critique of the financial system, and the theories on which it is based. For financial policymakers and regulators it identifies key challenges in their activities.