Allyn Young′s lectures, as recorded by the young Nicholas Kaldor,survey the historical roots of the subject from Aristotle through to themodern neo‐classical writers. The focus…
Abstract
Allyn Young′s lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo‐classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that extend and are extended by the size of the market. Organisational changes that promote the division of labour and specialisation within and between firms and industries, and which promote competition and mobility, are seen as the vital factors in growth. In the absence of new markets, inventions as such play only a minor role. The economic system is an inter‐related whole, or a living “organon”. It is from this perspective that micro‐economic relations are analysed, and this helps expose certain fallacies of composition associated with the marginal productivity theory of production and distribution. Factors are paid not because they are productive but because they are scarce. Likewise he shows why Marshallian supply and demand schedules, based on the “one thing at a time” approach, cannot adequately describe the dynamic growth properties of the system. Supply and demand cannot be simply integrated to arrive at a picture of the whole economy. These notes are complemented by eleven articles in the Encyclopaedia Britannica which were published shortly after Young′s sudden death in 1929.
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W.L. Marshall and L.E. Marshall
In this chapter, we first describe the all governing principles of treatment for sexual offenders that maximise effectiveness. These are derived from Andrews and Bonta's (2006…
Abstract
In this chapter, we first describe the all governing principles of treatment for sexual offenders that maximise effectiveness. These are derived from Andrews and Bonta's (2006) summary of a variety of meta-analyses of outcome studies. From this source and others, we then claim that there are three elements essential to effective treatment: (1) targeting criminogenic features; (2) employing empirically sound procedures to modify these targets; and (3) delivering treatment in an effective psychotherapeutic way. Next we describe our treatment approach that emphasises these crucial elements within a strength-based programme that is motivational and provides Ward's (2002) Good Lives Model as the framework. We then challenge the broadly accepted idea that the Random Controlled Trial (RCT) is the only basis upon which inferences about treatment effectiveness can be derived. We point to methodological, practical and ethical problems associated with implementing an RCT study and offer at least two alternatives: the so-called ‘incidental design’ which compares the outcome of the treated group with a matched (but not randomly assigned) group from the same or similar setting to the treated group; and a strategy where the recidivism rate of treated group is compared with what would be expected on the basis of risk assessments of each of the treated subjects.
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Juliana Mansvelt, Gordon Suddaby, Duncan O'Hara and Amanda Gilbert
The paper reports on findings of research into the institutional and individual influences on engaging in professional development (PD), reflecting on how PD might be made…
Abstract
Purpose
The paper reports on findings of research into the institutional and individual influences on engaging in professional development (PD), reflecting on how PD might be made available in ways which could support quality in e‐learning.
Design/methodology/approach
The paper presents findings of a research project exploring factors influencing engagement in e‐learning PD within New Zealand tertiary education institutions. The research comprised an online survey of 408 individuals in three polytechnics and two universities and 40 qualitative interviews ascertaining beliefs, experiences and practices of staff regarding e‐learning PD.
Findings
The survey and interviews suggest there are numerous factors which both help and hinder quality of engagement in e‐learning PD. Most PD engaged in by staff is informal. Engagement in formal PD is influenced by organisational structure, co‐ordination, poorly developed and/or implemented e‐learning policy, differences in managerial support, and individual beliefs and time allocation.
Research limitations/implications
The research is conducted in a small number of tertiary institutions and may not be applicable to private or work‐based training organisations.
Practical implications
Understanding impacts and influences on individual uptake and experiences of PD provides insights into the sorts of institutional practices and policies likely to improve quality in e‐learning and in e‐learning PD.
Originality/value
By focussing on staff experiences, this paper provides important insights into practical considerations informing the development of e‐learning quality enhancement and assurance strategies.
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Abimbola Adedeji and Richard Baker
Evidence reported by Geczy, Minton and Schrand (1997) showed that foreign exchange risk had a significant influence on the use of currency derivatives but that interest cover and…
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Evidence reported by Geczy, Minton and Schrand (1997) showed that foreign exchange risk had a significant influence on the use of currency derivatives but that interest cover and financial leverage did not. In this study, we suggest that the reason why foreign exchange risk was significant but interest cover and financial leverage were not significant in the evidence was because currency derivatives were used to measure the dependent variable. We verify the validity of this suggestion by testing the influence of interest cover and financial leverage on the use of interest rate derivatives. Our sample comprises 140 firms in the UK, 48 of which use interest rate derivatives. Evidence observed shows that interest cover and financial leverage have a significant influence on the use of interest rate derivatives and that foreign exchange risk does not. We also compare the previous evidence referred to above with our results to determine whether there is a difference between the factors that motivate firms to use currency derivatives or interest rate derivatives. The result of the comparison indicates that dependence on overseas product and capital markets, tax, institutional shareholding and economies of scale are the factors that motivate firms to use currency derivatives. The result also indicates that high interest cover (i.e. interest/profit before interest and tax)or total debt ratio, economies of scale and directors’ shareholding are the factors that motivate firms to use interest rate derivatives.
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L.E. Marshall and W.L. Marshall
This chapter describes Andrews and Bonta's (2006) Principles of Effective Offender Treatment and its relevance for the treatment of sexual offenders. The three principles of this…
Abstract
This chapter describes Andrews and Bonta's (2006) Principles of Effective Offender Treatment and its relevance for the treatment of sexual offenders. The three principles of this model are Risk, Needs and Responsivity. Each of these is described in some detail with the greatest emphasis being placed on general responsivity which is one of the two parts of the Responsivity Principle. Our interpretation of general responsivity differs from the view of others (e.g. Hanson et al., 2009) who define this aspect of Responsivity in terms of Cognitive Behaviour Therapy (CBT). While Andrews and Bonta indicate that within their meta-analyses, CBT programmes were the ones most likely to succeed; such programmes were not at all effective. It seems to us that a far more important aspect of general responsivity is what Andrews and Bonta describe as the Core Correctional Practices (CCP) which have to do with the way in which treatment is delivered. We review the CCPs in some detail and provide other evidence indicating that the style of treatment delivery is the crucial factor in determining effectiveness.
William L. Marshall, Liam E. Marshall and Mark E. Olver
The purpose of this paper is to note the basis for the emergence of strength-based approaches (SBA) to the treatment of sex offenders and point to Tony Ward’s Good Lives Model…
Abstract
Purpose
The purpose of this paper is to note the basis for the emergence of strength-based approaches (SBA) to the treatment of sex offenders and point to Tony Ward’s Good Lives Model (GLM) as the impetus for these developments.
Design/methodology/approach
Next, the authors outline the elements of the GLM and of other SBAs. The features of various ways to evaluate treatment programs are discussed and this is followed by an examination of the evidence bearing on the value of the GLM and other SBAs.
Findings
The authors note that the effects of the GLM are limited to within treatment indices as, to date, there are no long-term outcome evaluations of the model on reducing recidivism. Indeed, there appears to be only one such study of an alternative SBA program.
Originality/value
The authors conclude that additional outcome studies are needed to evaluate the utility of the switch away from deficit-focused approaches to strength-based models of treatment.
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Per Andersson and Lars-Gunnar Mattsson
Management, over time, takes a series of specific strategic actions. As strategic actions we define actions aimed at influencing how the actor is related to other actors. We…
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Management, over time, takes a series of specific strategic actions. As strategic actions we define actions aimed at influencing how the actor is related to other actors. We propose that when a strategic action is committed affects the outcome of the action. An important reason for this is that strategic actions over time can be regarded as interdependent sequences of actions. Timing and sequences may be more or less – or is not at all – preplanned by an actor. In a network perspective a focal actor is dependent on other actors that commit strategic actions. This creates interdependencies that vary over time, which a focal actor influences in a proactive, interactive and/or reactive way. The timing of strategic actions is a general, quite complex and elusive phenomenon to be handled in practice and theory. Despite its importance, very little research has been published.
Makes and attempts to substantiate, the following claims: It wasMarshall′s objective to show how poverty could be ameliorated. Helocated the causes of poverty in the institutions…
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Makes and attempts to substantiate, the following claims: It was Marshall′s objective to show how poverty could be ameliorated. He located the causes of poverty in the institutions of the state, education, monopoloid business enterprise, and the working‐class family. He viewed institutions as structures and as organized social behaviour. He explained that the latter is conditioned by customs. Some of these are rooted in the legend‐enshrouded past and hence change‐resisting. Other customs are change‐promoting by virtue of being engendered in scientific, technological, and educational processes. Marshall recommended that the state be reformed through a strengthening of democratic processes and that this be followed by state‐engineered reform of monopoloid institutions and of educational institutions. These reforms would result in increased institutionalization of dynamic behaviour and accelerated deinstitutionalization of static behaviour. The outcome would be an increase in welfare. Because of his recommendations. Marshall considered himself a socialist.
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The sudden evaporation of Alfred Marshall's enormous prestige is a phenomenon that deserves more attention than it has received. During his lifetime, his pre‐eminence was greater…
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The sudden evaporation of Alfred Marshall's enormous prestige is a phenomenon that deserves more attention than it has received. During his lifetime, his pre‐eminence was greater than that of any other economist before his time or since. His careful statements were based on a wealth of knowledge and understanding. He was an able mathematician and read widely in history. He studied industry at first hand and had deep social sympathies. His position at Cambridge was a prominent one in a land long known for its able political economists.