“This engine will give Delta the most fuel‐efficient airplane in airline operations.”
A curious reaction to the Post‐War Policy Report of the Library Association is beginning to make itself articulate. Educationists, who are likely to be vocal in the matter, say…
Abstract
A curious reaction to the Post‐War Policy Report of the Library Association is beginning to make itself articulate. Educationists, who are likely to be vocal in the matter, say that the three principles on which it is based are not in sufficient agreement for practical use. The Library Association wants local autonomy, while interfering most drastically with the small towns which are the very foundation of such autonomy; it advocates the educational value of libraries but is emphatic that they must live separately from the official education organization; and they should have government grants but be absolved from government control. There is a symposium covering some of these points in the Spring, 1944, number of Library Review, where are brought to bear the views of Professor H. J. Laski, as a former chairman, Mr. Frederick Cowles, as representing a small town library, Mr. F. M. Gardner, from a rather larger one, Mr. Edward Green, the former librarian of Halifax, whose enthusiasm is as great as ever, and Mr. Alfred Ogilvie, who speaks for county libraries, from Lanarkshire. Most of the contributions are severely critical and all are worth study.
SEPTEMBER is the month when, Summer being irrevocably over, our minds turn to library activities for the winter. At the time of writing the international situation is however so…
Abstract
SEPTEMBER is the month when, Summer being irrevocably over, our minds turn to library activities for the winter. At the time of writing the international situation is however so uncertain that few have the power to concentrate on schemes or on any work other than that of the moment. There is an immediate placidity which may be deceptive, and this is superficial even so far as libraries are concerned. In almost every town members of library staffs are pledged to the hilt to various forms of national service—A.R.P. being the main occupation of senior men and Territorial and other military services occupying the younger. We know of librarians who have been ear‐marked as food‐controllers, fuel controllers, zone controllers of communication centres and one, grimly enough, is to be registrar of civilian deaths. Then every town is doing something to preserve its library treasures, we hope. In this connexion the valuable little ninepenny pamphlet issued by the British Museum on libraries and museums in war should be studied. In most libraries the destruction of the stock would not be disastrous in any extreme way. We do not deny that it would be rather costly in labour and time to build it up again. There would, however, be great loss if all the Local Collections were to disappear and if the accession books and catalogues were destroyed.
Many jurisdictions fine illegal cartels using penalty guidelines that presume an arbitrary 10% overcharge. This article surveys more than 700 published economic studies and…
Abstract
Many jurisdictions fine illegal cartels using penalty guidelines that presume an arbitrary 10% overcharge. This article surveys more than 700 published economic studies and judicial decisions that contain 2,041 quantitative estimates of overcharges of hard-core cartels. The primary findings are: (1) the median average long-run overcharge for all types of cartels over all time periods is 23.0%; (2) the mean average is at least 49%; (3) overcharges reached their zenith in 1891–1945 and have trended downward ever since; (4) 6% of the cartel episodes are zero; (5) median overcharges of international-membership cartels are 38% higher than those of domestic cartels; (6) convicted cartels are on average 19% more effective at raising prices as unpunished cartels; (7) bid-rigging conduct displays 25% lower markups than price-fixing cartels; (8) contemporary cartels targeted by class actions have higher overcharges; and (9) when cartels operate at peak effectiveness, price changes are 60–80% higher than the whole episode. Historical penalty guidelines aimed at optimally deterring cartels are likely to be too low.
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The growing displacement of theory and other forms of wide-ranging knowledge of social phenomena by empirical research methods in economics is widely noted by economists and…
Abstract
The growing displacement of theory and other forms of wide-ranging knowledge of social phenomena by empirical research methods in economics is widely noted by economists and historians of economic knowledge. Less attention has been devoted, however, to understand the materialization of such changes in the scientific practices. This article studies the recent transformations in the epistemological practices at CEDE, a research center in Colombia. I use a machine learning technique called Topic Modeling, interviews to CEDE researchers, and exegesis of papers to characterize a shift in the production of knowledge in microeconometrics at CEDE during the years 2000 and 2018. I explain this shift by characterizing two sets of epistemological practices that implies a recent tendency to disdain research that cannot make a “strong” causal inference.
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After briefly reviewing the past history of Bayesian econometrics and Alan Greenspan's (2004) recent description of his use of Bayesian methods in managing policy-making risk…
Abstract
After briefly reviewing the past history of Bayesian econometrics and Alan Greenspan's (2004) recent description of his use of Bayesian methods in managing policy-making risk, some of the issues and needs that he mentions are discussed and linked to past and present Bayesian econometric research. Then a review of some recent Bayesian econometric research and needs is presented. Finally, some thoughts are presented that relate to the future of Bayesian econometrics.
Existing work on multi-level governance (MLG) has concentrated on decentring of the state (e.g., Rhodes, R. A. W. (1994). The hollowing out of the state: The changing nature of…
Abstract
Purpose
Existing work on multi-level governance (MLG) has concentrated on decentring of the state (e.g., Rhodes, R. A. W. (1994). The hollowing out of the state: The changing nature of the public service in Britain. Political Quarterly, 65(2), 138–141; Rhodes, R. A. W. (1997). Understanding governance: Policy networks, governance, reflexivity and accountability. London: Open University Press; Rhodes, R. A. W. (2008). Understanding governance: Ten years on. Organisation Studies, 28(8), 1243–1264); growth of non-state actors in governing (e.g., Crouch, 2004; Jessop, B. (2004). Multi level governance and multi-level metagovernance-changes in the European Union as integral moments in the transformation and re-orientation of contemporary statehood. In I. Bache & M. Flinders (Eds.), Multi level governance. Oxford: Oxford University Press); classifying different types of governance (e.g., type 1 and type 2 MLG – see Hooghe & Marks, 2003; Ongaro, E., Massey, A., Holzer, M., & Wayenberg, E. (Eds.). (2010). Governance and intergovernmental relations in the European Union and the United States: Theoretical perspectives. Cheltenham: Edward Elgar). The purpose of the chapter is to complement these approaches by focusing on politics and political strategies in multi-level systems.
Methodology/approach
The chapter draws on an extensive literature in governance and political accountability and on political dynamics, management and strategies within multi-level state systems. Although in international context, particular accentuation is placed on the UK case.
Findings
There are three broad findings. First, while the growth of MLG and in particular supra state activities and institutions have undermined conventional conceptions of political accountability, more nuanced interpretations are provided; as are cases of successful popular challenge to a seemingly inevitable application of neo-liberal new public management driven approaches to public service provision, as witnessed in examples of public service de-privatisation and re-municipalisation. Second, as seen in the United Kingdom, political strategies in a multi-state system are presented in terms of zero sum or alternatively win-win scenarios. In Scotland, for example, though there have been difficulties for state wide parties in managing multi-level politics in the devolved arena, yet in that arena win-win strategies have been played out; and in Northern Ireland with a contextual backdrop of conflict, there is also evidence of win-win political actions. Third, some general findings are presented which outline a range of centrifugal and centripetal forces found in some European countries and how these affect the choice of political strategy.