Bonds of Imperfection

Bonds of Imperfection PDF

Author: Oliver O'Donovan

Publisher: Wm. B. Eerdmans Publishing

Published: 2004

Total Pages: 334

ISBN-13: 9780802849755

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Two of today's leading experts on the Christian political tradition plumb significant moments in premodern Christian political thought, using them in original and adventurous ways to clarify, criticize, and redirect contemporary political perspectives and discussions. Drawing on the Bible and the Western history of ideas, Oliver and Joan Lockwood O'Donovan explore key Christian voices on "the political" -- political action, political institutions, and political society. Covered here are Bonaventure, Thomas, Ockham, Wycliff, Erasmus, Luther, Grotius, Barth, Ramsey, and key modern papal encyclicals. The authors' discussion takes them across a wide range of political concerns, from economics and personal freedom to liberal democracy and the nature of statehood. Ultimately, these insightful essays point to political judgment as the strength of the past theological tradition and its eclipse as the weakness of present political thought.

Augustinian and Ecclesial Christian Ethics

Augustinian and Ecclesial Christian Ethics PDF

Author: D. Stephen Long

Publisher: Rowman & Littlefield

Published: 2018-08-15

Total Pages: 327

ISBN-13: 1978702027

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What is the relationship between the command to love one’s enemies and the use of violence and/or other coercive political means? This work examines this question by comparing and contrasting two important contemporary approaches to Christian ethics, neoAugustinian and the ecclesial or neoAnabaptist. It traces the complicated conversation that has taken place since John Howard Yoder took on Reinhold Niebuhr’s interpretation of the Anabaptists in the 1940’s. It consists of three parts. The first part traces the development of the Augustinian-Niebuhrian approach to ethics from Niebuhr through those who have advanced his work including Paul Ramsey, Timothy Jackson, Charles Mathewes, Eric Gregory, and Jennifer Herdt. It also examines the Augustinian ethics of Oliver O’Donovan, John Milbank and Nicholas Wolterstorff. Along with tracing the Augustinian approach and its trajectories through agapism, theology and the interpretation of Augustine, it identifies fifteen criticisms that this approach brings against the neoAnabaptists. The second part traces the origin of the ecclesial or neoAnabaptist approach, and then examines its relationship to, and criticism of, agapism, what theological doctrines are central and its interpretation of Augustine. Its purpose is primarily constructive by explaining the role that ecclesiology, Christology and eschatology have among the neoAnabaptists. The third part addresses the criticisms levied by Augustinians against the neoAnabaptists by drawing on the constructive theology in the second part. It intends to show where the Augustinian critics are correct, where they have missed key theological teachings, and where they misrepresent. It also assesses the summons to the nationalist project the Augustinians put to the neoAnabaptists. If this work is successful, this third part will not be defensive. It will instead illumine the reasons for the criticisms and suggest means by which the conversation that began between Yoder and Niebuhr can continue and possibly bear fruit for theological ethics in both its ecclesial and nationalist projects for generations to come.

Imperfect Information and Investor Heterogeneity in the Bond Market

Imperfect Information and Investor Heterogeneity in the Bond Market PDF

Author: Frank Riedel

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 119

ISBN-13: 364257663X

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Real world investors differ in their tastes and attitudes and they do not have, in general, perfect information about the future prospects of the economy. Most theoretical models, however, assume to the contrary that investors are homogeneous and perfectly informed about the market. In this book, an attempt is made to overcome these shortcomings. In three different case studies, the effect of heterogeneous time preferences, heterogeneous beliefs and imperfect information about the economy's growth on the term structure of interest rates are studied. The initial chapter gives an introduction to the theory of financial markets in continuous time under imperfect information and establishes the existence of an equilibrium with complete markets.

Unbearable Life

Unbearable Life PDF

Author: Arthur Bradley

Publisher: Columbia University Press

Published: 2019-10-15

Total Pages: 217

ISBN-13: 0231550286

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In ancient Rome, any citizen who had brought disgrace upon the state could be subject to a judgment believed to be worse than death: damnatio memoriae, condemnation of memory. The Senate would decree that every trace of the citizen’s existence be removed from the city as if they had never existed in the first place. Once reserved for individuals, damnatio memoriae in different forms now extends to social classes, racial and ethnic groups, and even entire peoples. In modern times, the condemned go by different names—“enemies of the people;” the “missing,” the “disappeared,” “ghost” detainees in “black sites”—but they are subject to the same fate of political erasure. Arthur Bradley explores the power to render life unlived from ancient Rome through the War on Terror. He argues that sovereignty is the power to decide what counts as being alive and what does not: to make life “unbearable,” unrecognized as having lived or died. In readings of Augustine, Shakespeare, Hobbes, Robespierre, Schmitt, and Benjamin, Bradley asks: What is the “life” of this unbearable life? How does it change and endure across sovereign time and space, from empires to republics, from kings to presidents? To what extent can it be resisted or lived otherwise? A profoundly interdisciplinary and ambitious work, Unbearable Life rethinks sovereignty, biopolitics, and political theology to find the radical potential of a life that neither lives or dies.

Real Exchange Rate Targeting Under Imperfect Asset Substitutability

Real Exchange Rate Targeting Under Imperfect Asset Substitutability PDF

Author: Mr.José Saúl Lizondo

Publisher: International Monetary Fund

Published: 1993-04-01

Total Pages: 30

ISBN-13: 1451845626

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This paper presents a model of an economy that uses nominal exchange rate policy to keep the real exchange rate constant at a certain target level, under imperfect asset substitutability. The paper discusses the determinants of inflation under such a policy, and examines the consequences of exogenous and policy-induced shocks on inflation, the external accounts, and the fiscal accounts. The shocks considered include changes in the real exchange rate target, changes in fiscal policy, changes in foreign interest rates, and open market sales of public sector domestic bonds.

Economics for an Imperfect World

Economics for an Imperfect World PDF

Author: Joseph E. Stiglitz

Publisher: MIT Press

Published: 2003

Total Pages: 722

ISBN-13: 9780262012058

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The focus of Joseph Stiglitz's work in economics throughout his long and distinguished career has been on the real world, with all of its imperfections.

Imperfect Knowledge Economics

Imperfect Knowledge Economics PDF

Author: Roman Frydman

Publisher: Princeton University Press

Published: 2023-09-26

Total Pages: 368

ISBN-13: 0691261156

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Posing a major challenge to economic orthodoxy, Imperfect Knowledge Economics asserts that exact models of purposeful human behavior are beyond the reach of economic analysis. Roman Frydman and Michael Goldberg argue that the longstanding empirical failures of conventional economic models stem from their futile efforts to make exact predictions about the consequences of rational, self-interested behavior. Such predictions, based on mechanistic models of human behavior, disregard the importance of individual creativity and unforeseeable sociopolitical change. Scientific though these explanations may appear, they usually fail to predict how markets behave. And, the authors contend, recent behavioral models of the market are no less mechanistic than their conventional counterparts: they aim to generate exact predictions of "irrational" human behavior. Frydman and Goldberg offer a long-overdue response to the shortcomings of conventional economic models. Drawing attention to the inherent limits of economists' knowledge, they introduce a new approach to economic analysis: Imperfect Knowledge Economics (IKE). IKE rejects exact quantitative predictions of individual decisions and market outcomes in favor of mathematical models that generate only qualitative predictions of economic change. Using the foreign exchange market as a testing ground for IKE, this book sheds new light on exchange-rate and risk-premium movements, which have confounded conventional models for decades. Offering a fresh way to think about markets and representing a potential turning point in economics, Imperfect Knowledge Economics will be essential reading for economists, policymakers, and professional investors.

Manufacturing Technology

Manufacturing Technology PDF

Author: D. K. Singh

Publisher: Pearson Education India

Published: 2008

Total Pages: 368

ISBN-13: 9788131722275

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This new edition of Manufacturing Technology retains the flavour of the first edition by providing readers with comprehensive coverage of theory with a diverse array of exercises. Designed for extensive practice and self study, this book presents theory in an encapsulated format for quick reading. Objective questions and numerical problems are accompanied by their solutions to aid understanding.

A More Imperfect Union

A More Imperfect Union PDF

Author: James L. Jennings

Publisher: Algora Publishing

Published: 2012

Total Pages: 266

ISBN-13: 0875869181

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A debt-based financial system is incompatible with a truly competitive economy. Our system exists by choice, not the dictates of immutable economic laws, and is leading the U.S. to financial collapse. the author highlights essentially ignored inequities and fallacies inherent in major aspects of our economy and of economic theory. the text explains how the system is skewed to big government and a dominant financial sector and undermining our standard of living.