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Kid Olympians: True Tales of Childhood from Champions and Game Changers (Kid Legends #9)
Par Robin Stevenson. 2024
Triumphant, relatable, and totally true biographies tell the childhood stories of a diverse group of international athletes who have captured…
the world’s attention at the Summer Olympics and Paralympics, like Simone Biles, Jesse Owens, Naomi Osaka, Tatyana McFadden, and 12 other incredible olympians.Athletes throughout history have dreamed of competing in the Olympics—and some were kids themselves when those dreams and plans began! In Kid Olympians: Summer, discover the childhood stories of legends such as: Usain Bolt, who used to skip practices to go to the arcade and play video games.Serena Williams, who sometimes hit her tennis ball over the fence on purpose!Tatyana McFadden, who had to fight to be allowed on her school’s track teamFeaturing kid-friendly text and full-color illustrations, you’ll be inspired to dream bigger, faster, and higher than ever before! The diverse and inspiring group also includes Michael Phelps, Yusra Mardini, Dick Fosbury, Ibtihaj Muhammad, Gertrude Ederle, Nadia Comaneci, Ellie Simmonds, Tommie Smith, Wilma Rudolph, and Megan Rapinoe.The Duel: Diefenbaker, Pearson and the Making of Modern Canada
Par John Ibbitson. 2023
INSTANT NATIONAL BESTSELLEROne of Canada’s foremost authors and journalists, offers a gripping account of the contest between John Diefenbaker and…
Lester Pearson, two prime ministers who fought each other relentlessly, but who between them created today’s Canada. John Diefenbaker has been unfairly treated by history. Although he wrestled with personal demons, his governments launched major reforms in public health care, law reform and immigration. On his watch, First Nations on reserve obtained the right to vote and the federal government began to open up the North. He established Canada as a leader in the struggle against apartheid in South Africa, and took the first steps in making Canada a leader in the fight against nuclear proliferation. And Diefenbaker’s Bill of Rights laid the groundwork for the Charter of Rights and Freedoms. He set in motion many of the achievements credited to his successor, Lester B. Pearson.Pearson, in turn, gave coherence to Diefenbaker’s piecemeal reforms. He also pushed Parliament to adopt a new, and now much-loved, Canadian flag against Diefenbaker’s fierce opposition. Pearson understood that if Canada were to be taken seriously as a nation, it must develop a stronger sense of self. Pearson was superbly prepared for the role of prime minister: decades of experience at External Affairs, respected by leaders from Washington to Delhi to Beijing, the only Canadian to win the Nobel Prize for Peace. Diefenbaker was the better politician, though. If Pearson walked with ease in the halls of power, Diefenbaker connected with the farmers and small-town merchants and others left outside the inner circles. Diefenbaker was one of the great orators of Canadian political life; Pearson spoke with a slight lisp. Diefenbaker was the first to get his name in the papers, as a crusading attorney: Diefenbaker for the Defence, champion of the little man. But he struggled as a politician, losing five elections before making it into the House of Commons, and becoming as estranged from the party elites as he was from the Liberals, until his ascension to the Progressive Conservative leadership in 1956 through a freakish political accident. As a young university professor, Pearson caught the attention of the powerful men who were shaping Canada’s first true department of foreign affairs, rising to prominence as the helpful fixer, the man both sides trusted, the embodiment of a new country that had earned its place through war in the counsels of the great powers: ambassador, undersecretary, minister, peacemaker. Everyone knew he was destined to be prime minister. But in 1957, destiny took a detour.Then they faced each other, Diefenbaker v Pearson, across the House of Commons, leaders of their parties, each determined to wrest and hold power, in a decade-long contest that would shake and shape the country. Here is a tale of two men, children of Victoria, who led Canada into the atomic age: each the product of his past, each more like the other than either would ever admit, fighting each other relentlessly while together forging the Canada we live in today. To understand our times, we must first understand theirs.Pride and Persistence: Stories of Queer Activism (Do You Know My Name? #4)
Par Mary Fairhurst Breen. 2023
The activists between these pages have stood up for the queer community, whether on their own behalf or in support…
of people they love. Some made a difference by confronting injustice; others dared to be fully themselves.See It, Dream It, Do It: How 25 people just like you found their dream jobs
Par Colleen Nelson, Kathie MacIsaac. 2023
From award-winning author Colleen Nelson, and literacy advocate Kathie MacIsaac, twenty-five profiles present a plethora of jobs, and people, making…
it easier than ever for young people to see their dreams and to live their dreams!Beryl: The Making of a Disability Activist
Par Dustin Galer. 2023
The story of a mid-century working-class housewife whose extraordinary physical transformation empowered her to become a dynamic social activist who…
fueled a movement to create a more inclusive future for people with disabilities.Louis Bachelier's Theory of Speculation: The Origins of Modern Finance
Par Louis Bachelier. 2007
March 29, 1900, is considered by many to be the day mathematical finance was born. On that day a French…
doctoral student, Louis Bachelier, successfully defended his thesis Théorie de la Spéculation at the Sorbonne. The jury, while noting that the topic was "far away from those usually considered by our candidates," appreciated its high degree of originality. This book provides a new translation, with commentary and background, of Bachelier's seminal work. Bachelier's thesis is a remarkable document on two counts. In mathematical terms Bachelier's achievement was to introduce many of the concepts of what is now known as stochastic analysis. His purpose, however, was to give a theory for the valuation of financial options. He came up with a formula that is both correct on its own terms and surprisingly close to the Nobel Prize-winning solution to the option pricing problem by Fischer Black, Myron Scholes, and Robert Merton in 1973, the first decisive advance since 1900. Aside from providing an accurate and accessible translation, this book traces the twin-track intellectual history of stochastic analysis and financial economics, starting with Bachelier in 1900 and ending in the 1980s when the theory of option pricing was substantially complete. The story is a curious one. The economic side of Bachelier's work was ignored until its rediscovery by financial economists more than fifty years later. The results were spectacular: within twenty-five years the whole theory was worked out, and a multibillion-dollar global industry of option trading had emerged.The Emergence of Organizations and Markets
Par John F. Padgett, Walter W. Powell. 2013
A dynamic framework for studying social emergenceThe social sciences have sophisticated models of choice and equilibrium but little understanding of…
the emergence of novelty. Where do new alternatives, new organizational forms, and new types of people come from? Combining biochemical insights about the origin of life with innovative and historically oriented social network analyses, John Padgett and Walter Powell develop a theory about the emergence of organizational, market, and biographical novelty from the coevolution of multiple social networks. They demonstrate that novelty arises from spillovers across intertwined networks in different domains. In the short run actors make relations, but in the long run relations make actors.This theory of novelty emerging from intersecting production and biographical flows is developed through formal deductive modeling and through a wide range of original historical case studies. Padgett and Powell build on the biochemical concept of autocatalysis—the chemical definition of life—and then extend this autocatalytic reasoning to social processes of production and communication. Padgett and Powell, along with other colleagues, analyze a very wide range of cases of emergence. They look at the emergence of organizational novelty in early capitalism and state formation; they examine the transformation of communism; and they analyze with detailed network data contemporary science-based capitalism: the biotechnology industry, regional high-tech clusters, and the open source community.Property Valuation: The Five Methods
Par Douglas Scarrett, Sylvia Osborn. 2014
The third edition of Property Valuation: The Five Methods introduces students to the fundamental principles of property valuation theory by…
means of clear explanation and worked examples. An ideal text for those new to the subject, the book provides 1st year undergraduate students with a working knowledge and understanding of the five methods of valuation and the ways in which they are interlinked.In this fully revised edition, the new author team have: restructured the chapters to ensure a more logical order outlined the economic theory of value and the rules and constraints under which a valuer works provided detailed consideration of each of the five recognised approaches placed a larger emphasis on the Discounted Cash Flow approach These revisions are all written in the concise and accessible style which has made previous editions of the book so successful. The new edition of this textbook will be essential reading for undergraduates on all property, real estate, planning and built environment courses.Jim and Jap Crow: A Cultural History of 1940s Interracial America
Par Matthew M. Briones. 2012
Following Japan's attack on Pearl Harbor in 1941, the U.S. government rounded up more than one hundred thousand Japanese Americans…
and sent them to internment camps. One of those internees was Charles Kikuchi. In thousands of diary pages, he documented his experiences in the camps, his resettlement in Chicago and drafting into the Army on the eve of Hiroshima and Nagasaki, and his postwar life as a social worker in New York City. Kikuchi's diaries bear witness to a watershed era in American race relations, and expose both the promise and the hypocrisy of American democracy. Jim and Jap Crow follows Kikuchi's personal odyssey among fellow Japanese American intellectuals, immigrant activists, Chicago School social scientists, everyday people on Chicago's South Side, and psychologically scarred veterans in the hospitals of New York. The book chronicles a remarkable moment in America's history in which interracial alliances challenged the limits of the elusive democratic ideal, and in which the nation was forced to choose between civil liberty and the fearful politics of racial hysteria. It was an era of world war and the atomic bomb, desegregation in the military but Jim and Jap Crow elsewhere in America, and a hopeful progressivism that gave way to Cold War paranoia. Jim and Jap Crow looks at Kikuchi's life and diaries as a lens through which to observe the possibilities, failures, and key conversations in a dynamic multiracial America.The Soulful Science: What Economists Really Do and Why It Matters - Revised Edition
Par Diane Coyle. 2010
For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true--especially in the aftermath of the crash of…
2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life. This revised edition incorporates the latest developments in the field, including the rise of behavioral finance, the failure of carbon trading, and the growing trend of government bailouts. She also discusses such major debates as the relationship between economic statistics and presidential elections, the boundary between private choice and public action, and who is to blame for today's banking crisis.The classic history of economic thought through the ages—now fully updated and expandedHesiod defined the basic economic problem as one…
of scarce resources, a view still held by economists today. Diocletian tried to save the Roman Empire with wage and price fixes—a strategy that has not gone entirely out of style. Roger Backhouse takes readers from the ancient world to the frontiers of game theory, mechanism design, and engagements with climate science, presenting an essential history of a discipline that economist Alfred Marshall called “the study of mankind in the ordinary business of life.” Backhouse introduces the many fascinating figures who have thought about money and markets down through the centuries—from philosophers and theologians to politicians and poets—and shows how today’s economic ideas have their origins in antiquity. This updated edition of The Ordinary Business of Life includes a new chapter on contemporary economics and the rest of the book has been thoroughly revised.Pillars of Prosperity: The Political Economics of Development Clusters (The Yrjö Jahnsson Lectures)
Par Timothy Besley, Torsten Persson. 2011
How nations can promote peace, prosperity, and stability through cohesive political institutions"Little else is required to carry a state to…
the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters—places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes.To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.International Finance: Theory into Practice
Par Piet Sercu. 2009
International Finance presents the corporate uses of international financial markets to upper undergraduate and graduate students of business finance and…
financial economics. Combining practical knowledge, up-to-date theories, and real-world applications, this textbook explores issues of valuation, funding, and risk management. International Finance shows how theoretical applications can be brought into managerial practice. The text includes an extensive introduction followed by three main sections: currency markets; exchange risk, exposure, and risk management; and long-term international funding and direct investment. Each section begins with a short case study, and each of the sections' chapters concludes with a CFO summary, examining how a hypothetical chief financial officer might apply topics to a managerial setting. The book also contains end-of-chapter questions to help students grasp the material presented. Focusing on international markets and multinational corporate finance, International Finance is the go-to resource for students seeking a complete understanding of the field. Rigorous focus on international financial markets and corporate finance concepts An up-to-date and practice-oriented approach Strong real-world examples and applications Comprehensive look at valuation, funding, and risk management Introductory case studies and "CFO summaries," and end-of-chapter quiz questions Solutions to the quiz questions are available onlinePricing the Planet's Future: The Economics of Discounting in an Uncertain World
Par Christian Gollier. 2013
Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion…
of natural resources, loss of biodiversity, climate change, and polluted land, air, and water. All these environmental problems raise the crucial challenge of determining what we should and should not do for future generations. It is also central to other policy debates, including, for example, the appropriate level of public debt, investment in public infrastructure, investment in education, and the level of funding for pension benefits and for research and development. Today, the judge, the citizen, the politician, and the entrepreneur are concerned with the sustainability of our development. The objective of Pricing the Planet's Future is to provide a simple framework to organize the debate on what we should do for the future. A key element of analysis by economists is the discount rate--the minimum rate of return required from an investment project to make it desirable to implement. Christian Gollier outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. With principles that can be applied to many policy areas, Pricing the Planet's Future offers an ideal framework for dynamic problems and decision making.Yield Curve Modeling and Forecasting: The Dynamic Nelson-Siegel Approach (The Econometric and Tinbergen Institutes Lectures)
Par Francis X. Diebold, Glenn D. Rudebusch. 2013
Understanding the dynamic evolution of the yield curve is critical to many financial tasks, including pricing financial assets and their…
derivatives, managing financial risk, allocating portfolios, structuring fiscal debt, conducting monetary policy, and valuing capital goods. Unfortunately, most yield curve models tend to be theoretically rigorous but empirically disappointing, or empirically successful but theoretically lacking. In this book, Francis Diebold and Glenn Rudebusch propose two extensions of the classic yield curve model of Nelson and Siegel that are both theoretically rigorous and empirically successful. The first extension is the dynamic Nelson-Siegel model (DNS), while the second takes this dynamic version and makes it arbitrage-free (AFNS). Diebold and Rudebusch show how these two models are just slightly different implementations of a single unified approach to dynamic yield curve modeling and forecasting. They emphasize both descriptive and efficient-markets aspects, they pay special attention to the links between the yield curve and macroeconomic fundamentals, and they show why DNS and AFNS are likely to remain of lasting appeal even as alternative arbitrage-free models are developed. Based on the Econometric and Tinbergen Institutes Lectures, Yield Curve Modeling and Forecasting contains essential tools with enhanced utility for academics, central banks, governments, and industry.When Insurers Go Bust: An Economic Analysis of the Role and Design of Prudential Regulation
Par Guillaume Plantin, Jean-Charles Rochet. 2007
In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how…
to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the current approach to insurance regulation should be replaced with mechanisms that replicate the governance of non-financial firms. Rather than immediately addressing the minutiae of supervision, Guillaume Plantin and Jean-Charles Rochet first identify a fundamental economic rationale for supervising the solvency of insurance companies: policyholders are the "bankers" of insurance companies. But because policyholders are too dispersed to effectively monitor insurers, it might be efficient to delegate monitoring to an institution--a prudential authority. Applying recent developments in corporate finance theory and the economic theory of organizations, the authors describe in practical terms how such authorities could be created and given the incentives to behave exactly like bankers behave toward borrowers, as "tough" claimholders.Strategic Investment: Real Options and Games
Par Han T. Smit, Lenos Trigeorgis. 2004
Corporate finance and corporate strategy have long been seen as different sides of the same coin. Though both focus on…
the same broad problem, investment decision-making, the gap between the two sides--and between theory and practice--remains embarrassingly large. This book synthesizes cutting-edge developments in corporate finance and related fields--in particular, real options and game theory--to help bridge this gap. In clear, straightforward exposition and through numerous examples and applications from various industries, Han Smit and Lenos Trigeorgis set forth an extended valuation framework for competitive strategies. The book follows a problem-solving approach that synthesizes ideas from game theory, real options, and strategy. Thinking in terms of options-games can help managers address questions such as: When is it best to invest early to preempt competitive entry, and when to wait? Should a firm compete in R&D or adopt an accommodating stance? How does one value growth options or infrastructure investments? The authors provide a wide range of valuation examples, such as acquisition strategies, R&D investment in high-tech sectors, joint research ventures, product introductions in consumer electronics, infrastructure, and oil exploration investment. Representing a major step beyond standard real options or strategy analysis, and extending the power of real options and strategic thinking in a rigorous fashion, Strategic Investment will be an indispensable guide and resource for corporate managers, MBA students, and academics alike.Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance
Par Viral V. Acharya, Matthew Richardson, Stijn Van Nieuwerburgh, Lawrence J. White. 2011
Why America's public-private mortgage giants threaten the world economy—and what to do about itThe financial collapse of Fannie Mae and…
Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to $150 billion, and substantially more will be needed. The U.S. economy--and by extension, the global financial system--has a lot riding on Fannie and Freddie. They cannot fail, yet that is precisely what these mortgage giants are guaranteed to do. How can we limit the damage to our economy, and avoid making the same mistakes in the future?Guaranteed to Fail explains how poorly designed government guarantees for Fannie Mae and Freddie Mac led to the debacle of mortgage finance in the United States, weighs different reform proposals, and provides sensible, practical recommendations. Despite repeated calls for tougher action, Washington has expanded the scope of its guarantees to Fannie and Freddie, fueling more and more housing and mortgages all across the economy--and putting all of us at risk. This book unravels the dizzyingly immense, highly interconnected businesses of Fannie and Freddie. It proposes a unique model of reform that emphasizes public-private partnership, one that can serve as a blueprint for better organizing and managing government-sponsored enterprises like Fannie Mae and Freddie Mac. In doing so, Guaranteed to Fail strikes a cautionary note about excessive government intervention in markets.Spain's development from a premodern society into a modern unified nation-state with an integrated economy was painfully slow and varied…
widely by region. Economic historians have long argued that high internal transportation costs limited domestic market integration, while at the same time the Castilian capital city of Madrid drew resources from surrounding Spanish regions as it pursued its quest for centralization. According to this view, powerful Madrid thwarted trade over large geographic distances by destroying an integrated network of manufacturing towns in the Spanish interior. Challenging this long-held view, Regina Grafe argues that decentralization, not a strong and powerful Madrid, is to blame for Spain's slow march to modernity. Through a groundbreaking analysis of the market for bacalao--dried and salted codfish that was a transatlantic commodity and staple food during this period--Grafe shows how peripheral historic territories and powerful interior towns obstructed Spain's economic development through jurisdictional obstacles to trade, which exacerbated already high transport costs. She reveals how the early phases of globalization made these regions much more externally focused, and how coastal elites that were engaged in trade outside Spain sought to sustain their positions of power in relation to Madrid. Distant Tyranny offers a needed reassessment of the haphazard and regionally diverse process of state formation and market integration in early modern Spain, showing how local and regional agency paradoxically led to legitimate governance but economic backwardness.The Princeton Encyclopedia of the World Economy. (Two volume set)
Par Kenneth A. Reinert, Ramkishen S. Rajan. 2009
An essential reference to all facets of the world economyIncreasing economic globalization has made understanding the world economy more important…
than ever. From trade agreements to offshore outsourcing to foreign aid, this two-volume encyclopedia explains the key elements of the world economy and provides a first step to further research for students and scholars in public policy, international studies, business, and the broader social sciences, as well as for economic policy professionals.Written by an international team of contributors, this comprehensive reference includes more than 300 up-to-date entries covering a wide range of topics in international trade, finance, production, and economic development. These topics include concepts and principles, models and theory, institutions and agreements, policies and instruments, analysis and tools, and sectors and special issues. Each entry includes cross-references and a list of sources for further reading and research. Complete with an index and a table of contents that groups entries by topic, The Princeton Encyclopedia of the World Economy is an essential resource for anyone who needs to better understand the global economy.More than 300 alphabetically arranged articles on topics in international trade, finance, production, and economic developmentInternational team of contributorsAnnotated list of further reading with each articleTopical list of entriesFull index and cross-references Entry categories and sample topics:Concepts and principles: globalization, anti-globalization, fair trade, foreign direct investment, international migration, economic development, multinational enterprisesModels and theory: Heckscher-Ohlin model, internalization theory, New Trade Theory, North-South trade, Triffin dilemmaInstitutions and agreements: European Union, International Monetary Fund, World Trade Organization, World Bank, Doha Round, international investment agreementsPolicies and instruments: dollar standard, international aid, sanctions, tariffsAnalysis and tools: exchange rate forecasting, effective protection, monetary policy rulesSectors and special issues: child labor, corporate governance, the digital divide, health and globalization, illegal drugs trade, petroleum, steel