Aaron Warren, Rikard Heslehurst and Eric Wilson
The purpose of this paper is to discuss changes to MIL-STD-1530C “Aircraft Structural Integrity Program” to account for the increased usage of composites in aircraft structures…
Abstract
Purpose
The purpose of this paper is to discuss changes to MIL-STD-1530C “Aircraft Structural Integrity Program” to account for the increased usage of composites in aircraft structures.
Design/methodology/approach
The evolution of the Aircraft Structural Integrity Program is presented and the five tasks that comprise the program are assessed for compatibility with composite aircraft structures.
Findings
This paper identifies a number of recommended changes to MIL-STD-1530C to ensure that the unique behaviour of composites is considered within the Aircraft Structural Integrity Program.
Originality/value
This paper recommends changes to MIL-STD-1530C to account for composite aircraft structures, thus providing assurance compatibility of the Aircraft Structural Integrity Program with composite materials.
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In 1969, Warren Nutter left the University of Virginia Department of Economics to serve as the Assistant Secretary of Defense for International Security Affairs in the Nixon…
Abstract
In 1969, Warren Nutter left the University of Virginia Department of Economics to serve as the Assistant Secretary of Defense for International Security Affairs in the Nixon administration. During his time in the Defense Department, Nutter was deeply involved in laying the groundwork for a military coup against the democratically elected president of Chile, Salvador Allende. Although Nutter left the Pentagon several months before the successful 1973 coup, his role in Chile was far more direct than the better-known cases of Friedrich Hayek, Milton Friedman, James Buchanan, and Arnold Harberger. This chapter describes Nutter’s role in Chile policymaking in the Nixon administration. It shows how Nutter’s criticisms of Henry Kissinger are grounded in his economics, and compares and contrasts Nutter with other economists who have been connected to Pinochet’s dictatorship.
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F. Taylor Ostrander had three courses from Melchior Palyi at the University of Chicago during the 1933–1934 academic year: Economics 332 on monetary theory; 333 on business cycle…
Abstract
F. Taylor Ostrander had three courses from Melchior Palyi at the University of Chicago during the 1933–1934 academic year: Economics 332 on monetary theory; 333 on business cycle theory; and 334 on the European banking system. Fellow students included Albert G. Hart, later a leading monetary economist, and Rose Director, sister of Aaron Director and later wife of Milton Friedman.
George (Yiorgos) Allayannis, Paul Tudor Jones and Aaron Fernstrom
The case describes a hypothetical hedge fund manager who is examining whether to invest in bitcoin. The case discusses potential risks and rewards of investing in bitcoin, the…
Abstract
The case describes a hypothetical hedge fund manager who is examining whether to invest in bitcoin. The case discusses potential risks and rewards of investing in bitcoin, the role of bitcoin and digital currencies more broadly, and financial innovation in the space, such as ICOs. It can be taught as part of a second-year MBA elective course in investments, financial institutions/capital markets, or fintech.
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The purpose of this paper is to put forward an argument for the importance of social and situational dynamics present when groups of organizational members view images. This both…
Abstract
Purpose
The purpose of this paper is to put forward an argument for the importance of social and situational dynamics present when groups of organizational members view images. This both enriches psychoanalytic theories of the visual previously brought to bear on this topic and adds a valuable psychoanalytical perspective to visual organization studies.
Design/methodology/approach
The paper extends Burkard Sievers’ concept of the “social photo matrix” (SPM) through an interdisciplinary review of literature in psychoanalysis, audiencing, media studies and social theory.
Findings
A socially nuanced variant of the SPM is put forward as a way to explore organizational members’ experiences of work and employment, as part of a nascent “visual methodological approach” to studying organization(s).
Research limitations/implications
The ideas within this conceptual paper would benefit from empirical investigation. This would be a fruitful and interesting possibility for future research.
Practical implications
The paper concludes with a discussion of the contemporary utility of the SPM as a psychoanalytically‐motivated method through which to understand visually‐mediated effects of organizational action, as collectively experienced by their members and stakeholders.
Originality/value
The paper makes a particular contribution to the poorly‐researched area of the collective reception of organizational images and opens up possibilities to work with the hidden anxieties and defences that arise in the course of organizational action.
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What historical background Van Overtveldt offers, he primarily draws from interviews he personally conducted and memoirs of various Chicago economists, especially Milton Friedman…
Abstract
What historical background Van Overtveldt offers, he primarily draws from interviews he personally conducted and memoirs of various Chicago economists, especially Milton Friedman. In the introduction, Van Overtveldt (2007, p. 15) sheds light on his methodology; he states that he based his historical analysis on three layers of sources: “The first layer includes the books, essays, monographs, and articles published in academic journals by Chicago and non-Chicago economists…The second layer consists of material that is available in the archives of the University of Chicago…and in the files of the Communications Department of the University of Chicago. The third layer [draws from]…the more than 100 interviews that were conducted from 1994 to 2003.” Regarding the third, Van Overtveldt has provided a valuable historical contribution by compiling such an extensive oral history. Of the three layers Van Overtveldt mentions, the second is relatively thin. In the endnotes, Van Overtveldt only cites, excluding newspaper citations, seven archival sources from either the Special Collections at the University of Chicago or the files in Chicago's Communications Department. Tellingly, in the endnotes, the ratio of interview citations to archival citations is roughly 120:7≅17:1.1 While adducing interviews per se is not problematic, information in an interview (or a memoir) needs to be checked against archival sources. Historian of economic thought, Bruce Caldwell (2007, pp. 348–349), cautions “[One should] take reminiscences with a grain of salt, and whenever possible to consult multiple archival sources.”2 If a reflection cannot be checked against archival sources, it should be used with guarded skepticism. Van Overtveldt, however, unquestioningly relies on interviews; in fact, a retrospective point made by Friedman sometimes trumps assertions, explicit and implicit, critical of Chicago economics and its history. Van Overtveldt (2007, p. 27) plays the Friedman trump card, for example, in the following context:[Crauford] Goodwin noted that by the end of the 1940s, prominent members of the business community backed economists who preached the advantages of free competition and capitalism and ‘were all associated with the University of Chicago.’ Friedman strongly denies the relevance of this Cold War argument and the implied patronage of economics – especially at the University of Chicago – by business interests in favor of capitalism and the free-market economy.
The first contribution to this section is by Richard Schmalensee titled “Thoughts on the Chicago school legacy in U.S. antitrust.” It appears the purpose of this essay is to set…
Abstract
The first contribution to this section is by Richard Schmalensee titled “Thoughts on the Chicago school legacy in U.S. antitrust.” It appears the purpose of this essay is to set up a target for the rest of the contributors to shoot at – a target that is emphatically pro-Chicago. In his essay, Schmalensee reviews some of the aspects of U.S. antitrust policy that outraged Chicago school lawyers and economists in the 1970s. He takes a brief look at some of Chicago's subsequent victories that he claims are now generally accepted as positive changes. And finally, he argues that some of Chicago's lost battles also constitute positive aspects of its legacy. His discussion is focused on four broad issues: the objectives of antitrust, the past policy toward “no-fault” concentration, the treatment of productive efficiency, and the evaluation of non-standard business conduct (pp. 11–12).