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Brian Mccrea Brmccrea@Ufl
IDH 2930 Section 1D18 HNR Read Moneyball Tuesday 3 (9:35-10:25 a. m.) Little Hall 0117 Brian McCrea brmccrea@ufl. edu (352) 478-9687 Moneyball includes twelve chapters, an epilogue, and a (for me) important postscript. We will read and discuss one chapter a week, then finish with a week devoted to the epilogue and to the postscript. At our first meeting we will introduce ourselves to each other and figure out who amongst us are baseball fans, who not. (One need not have an interest in baseball to enjoy Lewis or to enjoy Moneyball; indeed, the course benefits greatly from disinterested business and math majors.) I will ask you to write informally every class session about the reading. I will not grade your responses, but I will keep a word count. At the end of the semester, we will have an Awards Ceremony for our most prolific writers. While this is not a prerequisite, I hope that everyone has looked at Moneyball the movie (starring Brad Pitt as Billy Beane) before we begin to work with the book. Moneyball first was published—to great acclaim—in 2003. So the book is fifteen-year’s old, and the “new” method of evaluating baseball players pioneered by Billy Beane has been widely adopted. Beane’s Oakland A’s no longer are as successful as they were in the early 2000s. What Lewis refers to as “sabremetrics”—the statistical analysis of baseball performance—has expanded greatly. Baseball now has statistics totally different from those in place as Lewis wrote: WAR (Wins against replacement), WHIP (Walks and hits per inning pitched) among them. -
Is Pro-Poor Targeting of Cash Transfers More Effective Than Universal Systems at Reducing Inequality and Poverty?
LIS Working Paper Series No. 640 A fresh look at an old question: is pro-poor targeting of cash transfers more effective than universal systems at reducing inequality and poverty? Abigail McKnight July 2015 Luxembourg Income Study (LIS), asbl WORKING PAPERS http://improve-research.eu A fresh look at an old question: is pro-poor targeting of cash transfers more effective than universal systems at reducing inequality and poverty? Abigail McKnight Centre for Analysis of Social Exclusion (CASE), London School of Economics Discussion Paper No. 15/14 June 2015 Poverty Reduction in Europe: S o c i a l Policy and Innovation FUNDED BY THE 7TH FRAMEWORK PROGRAMME OF THE EUROPEAN UNION Acknowledgements The author would like to thank Howard Glennerster, John Hills, Wiemer Salverda, Tim Smeeding and Kitty Stewart for helpful comments on an earlier draft of this paper, and seminar participants at the ImPRovE Project Meeting in Budapest (November 2014). The author is grateful to Phillipe van Kerm for the sgini Stata program. The research reported was financially supported by the European Union Seventh Framework Programme (FP7/2012-2016) under the ImPRovE project (grant agreement n. 290613). Any errors remain the responsibility of the author. Originally published as ImPRovE Working paper McKnight A. (2015), A fresh look at an old question: is pro-poor targeting of cash transfers more effective than universal systems at reducing inequality and poverty?, ImPRovE Working Paper No. 15/14. Antwerp: Herman Deleeck Centre for Social Policy – University of Antwerp June 2015 © Abigail McKnight Bibliographic Information McKnight A. (2015), A fresh look at an old question: is pro-poor targeting of cash transfers more effective than universal systems at reducing inequality and poverty?, ImPRovE Working Paper No. -
Book Title Author / Publisher Year
Parker Career Management Collection BOOK TITLE AUTHOR / PUBLISHER YEAR 10 Insider Secrets to a Winning Job Search Todd Bermont 2004 100 Best Nonprofits To Work For Leslie Hamilton & Robert Tragert 2000 100 Greatest Ideas For Building the Business of Your Dreams Ken Langdon 2003 100 Top Internet Job Sites Kristina Ackley 2000 101 Great Answers to the Toughest Interview Questions Ron Fry 2000 175 High-Impact Cover Letters Richard H. Beatty 2002 175 High-Impact Cover Resumes Richard H. Beatty 2002 201 Best Questions to Ask on Your Interview John Kador 2002 25 Top Financial Firms Wetfeet 2004 9 Ways of Working Michael J. Goldberg 1999 A Blueprint For Success Joe Weller 2005 A Message from Garcia Charles Patrick Garcia 2003 A New Brand World Scot Bedbury with Stephen Fenichell 2002 A.T. Kearney Vault 2006 Accenture Vault 2006 Accenture Vault 2006 Accounting Vault 2006 Accounting Wetfeet 2006 Ace Your Case II: Fifteen More Consulting Cases WetFeet 2006 Ace Your Case IV: The Latest and Greatest WetFeet 2006 Ace Your Case VI: Mastering the Case WetFeet 2006 Ace your Case! Consulting Interviews WetFeet 2006 Ace Your Cases III: Practice Makes Perfect WetFeet 2006 Ace Your Interview! (2 copies) WetFeet 2004 Advertising Vault 2006 All About Hedge Funds Robert A. Jaeger 2003 All You Need to Know About the Movie and TV Business Gail Resnik and Scott Trost 1996 All You Need to Know About the Music Business Donald S. Passman 2003 American Management Systems Vault 2002 Ask the Headhunter Nick A. Corcodilos 1997 Asset Management & Retail Brokerage Wetfeet -
Mark׳S Blog: “Michael Lewis״
Mark’s Blog: “Michael Lewis” I’m a big fan of Michael Lewis’ books. Liar’s Poker. Money Ball. The Big Short. He’s part reporter, part financial analyst, part social scientist and a great story teller. I’ve just finished a book he published a couple of years ago titled The Undoing Project. It chronicles the lives and work of two Israeli-American psychologists, Daniel Kahneman and Amos Tversky. Kahneman won the Nobel Prize in Economics in 2002 based largely on work he did with Tversky years before. It’s worth noting that Tversky died in 1996 and the Nobel is not awarded posthumously, but he did win a MacArthur prize before passing away. The focus of much of their work was how we make decisions. Most of us view ourselves as relatively rational in that when we’re presented with the facts, we believe we can determine the right course of action to take based on the information we’re presented. Kahneman and Tversky’s research proved otherwise. Ultimately, we carry a bundle of biases that can distort our decision-making ability. Sometimes it is to avoid risk. Sometimes it is to affirm what we have already determined should be the desired outcome. Tversky said “People predict by making up stories.” Lewis said of Kahneman “To Danny the whole idea of proving that people weren’t rational felt a bit like proving that people didn’t have fur.” When asked if his and Tversky’s work fed into the new and growing field of artificial intelligence Kahneman remarked “We study natural stupidity instead of artificial intelligence.” Reading the stories of their relationship and their work I was struck by their ongoing lack of tact with each other and those they met. -
Communication & Media Studies
COMMUNICATION & MEDIA STUDIES BOOKS FOR COURSES 2011 PENGUIN GROUP (USA) Here is a great selection of Penguin Group (usa)’s Communications & Media Studies titles. Click on the 13-digit ISBN to get more information on each title. n Examination and personal copy forms are available at the back of the catalog. n For personal service, adoption assistance, and complimentary exam copies, sign up for our College Faculty Information Service at www.penguin.com/facinfo 2 COMMUNICaTION & MEDIa STUDIES 2011 CONTENTS Jane McGonigal Mass Communication ................... 3 f REality IS Broken Why Games Make Us Better and Media and Culture .............................4 How They Can Change the World Environment ......................................9 Drawing on positive psychology, cognitive sci- ence, and sociology, Reality Is Broken uncov- Decision-Making ............................... 11 ers how game designers have hit on core truths about what makes us happy and uti- lized these discoveries to astonishing effect in Technology & virtual environments. social media ...................................13 See page 4 Children & Technology ....................15 Journalism ..................................... 16 Food Studies ....................................18 Clay Shirky Government & f CognitivE Surplus Public affairs Reporting ................. 19 Creativity and Generosity Writing for the Media .....................22 in a Connected age Reveals how new technology is changing us from consumers to collaborators, unleashing Radio, TElEvision, a torrent -
The Contagion of Capital
The Jus Semper Global Alliance In Pursuit of the People and Planet Paradigm Sustainable Human Development March 2021 ESSAYS ON TRUE DEMOCRACY AND CAPITALISM The Contagion of Capital Financialised Capitalism, COVID-19, and the Great Divide John Bellamy Foster, R. Jamil Jonna and Brett Clark he U.S. economy and society at the start of T 2021 is more polarised than it has been at any point since the Civil War. The wealthy are awash in a flood of riches, marked by a booming stock market, while the underlying population exists in a state of relative, and in some cases even absolute, misery and decline. The result is two national economies as perceived, respectively, by the top and the bottom of society: one of prosperity, the other of precariousness. At the level of production, economic stagnation is diminishing the life expectations of the vast majority. At the same time, financialisation is accelerating the consolidation of wealth by a very few. Although the current crisis of production associated with the COVID-19 pandemic has sharpened these disparities, the overall problem is much longer and more deep-seated, a manifestation of the inner contradictions of monopoly-finance capital. Comprehending the basic parameters of today’s financialised capitalist system is the key to understanding the contemporary contagion of capital, a corrupting and corrosive cash nexus that is spreading to all corners of the U.S. economy, the globe, and every aspect of human existence. TJSGA/Essay/SD (E052) March 2021/Bellamy Foster, Jonna and Clark 1 Free Cash and the Financialisation of Capital “Capitalism,” as left economist Robert Heilbroner wrote in The Nature and Logic of Capitalism in 1985, is “a social formation in which the accumulation of capital becomes the organising basis for socioeconomic life.”1 Economic crises in capitalism, whether short term or long term, are primarily crises of accumulation, that is, of the savings-and- investment (or surplus-and-investment) dynamics. -
Keynes, Family Allowances and Post Keynesian Anti‐Poverty Policy
Luxembourg Income Study Working Paper Series Working Paper No. 525 Keynes, Family Allowances and Post Keynesian Anti‐Poverty Policy Steven Pressman December 2009 Luxembourg Income Study (LIS), asbl KEYNES, FAMILY ALLOWANCES AND POST KEYNESIAN ANTI‐POVERTY POLICY Steven Pressman, Department of Economics & Finance, Monmouth University, West Long Branch, NJ 07764; [email protected] 1. Introduction Family or child allowances are regular payments made to families on behalf of their children. They can be made either by the government or by private firms. Usually allowances are universal, made without regard to family income; all households with children below a certain age qualify for them. The payments are made to assist families with children by raising their income, and they are intended to help families support their young dependents. Another way to think about family allowances is that it is a policy that keeps families from being penalized because they have a large number of children and many mouths to feed. It is well‐known that poverty rates rise with the number of children in the household. According to the US Census Bureau (2008), for 2007 the official poverty rate for households without children was just 4.6%. In contrast, households with one child had a poverty rate of 12.5% and households with two children had a poverty rate of 16.9%. My own calculations for the United States, using the Luxembourg Income Study (LIS) and a relative definition of poverty, give similar results. The poverty rate for US households with just one child in 2004 was 15.8% and 18.3% for households with 2 children; but the poverty rate jumps to 30.7% for households with three children and to 44.9% for households with four children. -
The Big Short: Inside the Doomsday Machine
The Big Short Inside the doomsday machine Also by Michael Lewis Home Game Liar's Poker The Money Culture Pacific Rift Losers The New New Thing Next Moneyball Coach The Blind Side EDITED BY MICHAEL LEWIS Panic The Big Short INSIDE THE DOOMSDAY MACHINE Michael Lewis W. W. NORTON & COMPANY NEW YORK LONDON Copyright (c) 2010 by Michael Lewis All rights reserved For information about permission to reproduce selections from this book, write to Permissions, W. W. Norton & Company, Inc., 500 Fifth Avenue, New York, NY 10110 ISBN: 978-0-393-07819-0 W. W. Norton & Company, Inc. 500 Fifth Avenue, New York, N.Y. 10110 www.wwnorton.com W. W. Norton & Company Ltd. Castle House, 75/76 Wells Street, London W1T 3QT For Michael Kinsley To whom I still owe an article The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him.--Leo Tolstoy, 1897 Contents Prologue Poltergeist Chapter 1 A Secret Origin Story Chapter 2 In the Land of the Blind Chapter 3 "How Can a Guy Who Can't Speak English Lie?" Chapter 4 How to Harvest a Migrant Worker Chapter 5 Accidental Capitalists Chapter 6 Spider-Man at The Venetian Chapter 7 The Great Treasure Hunt Chapter 8 The Long Quiet Chapter 9 A Death of Interest Chapter 10 Two Men in a Boat Epilogue Everything Is Correlated Acknowledgments PROLOGUE Poltergeist The willingness of a Wall Street investment bank to pay me hundreds of thousands of dollars to dispense investment advice to grown-ups remains a mystery to me to this day. -
Informational Inequality: How High Frequency Traders Use Premier Access to Information to Prey on Institutional Investors
INFORMATIONAL INEQUALITY: HOW HIGH FREQUENCY TRADERS USE PREMIER ACCESS TO INFORMATION TO PREY ON INSTITUTIONAL INVESTORS † JACOB ADRIAN ABSTRACT In recent months, Wall Street has been whipped into a frenzy following the March 31st release of Michael Lewis’ book “Flash Boys.” In the book, Lewis characterizes the stock market as being rigged, which has institutional investors and outside observers alike demanding some sort of SEC action. The vast majority of this criticism is aimed at high-frequency traders, who use complex computer algorithms to execute trades several times faster than the blink of an eye. One of the many complaints against high-frequency traders is over parasitic trading practices, such as front-running. Front-running, in the era of high-frequency trading, is best defined as using the knowledge of a large impending trade to take a favorable position in the market before that trade is executed. Put simply, these traders are able to jump in front of a trade before it can be completed. This Note explains how high-frequency traders are able to front- run trades using superior access to information, and examines several proposed SEC responses. INTRODUCTION If asked to envision what trading looks like on the New York Stock Exchange, most people who do not follow the U.S. securities market would likely picture a bunch of brokers standing around on the trading floor, yelling and waving pieces of paper in the air. Ten years ago they would have been absolutely right, but the stock market has undergone radical changes in the last decade. It has shifted from one dominated by manual trading at a physical location to a vast network of interconnected and automated trading systems.1 Technological advances that simplified how orders are generated, routed, and executed have fostered the changes in market † J.D. -
LIS Working Paper Series
LIS Working Paper Series No. 712 Comparative analysis of poverty in Greece versus richer European Countries in the debt-crisis era Georgios Symeonidis, Manolis Valavanis and Georgia Venetsanakou August 2017 Luxembourg Income Study (LIS), asbl Comparative analysis of poverty in Greece versus richer European Countries in the debt-crisis era1 July 2017 Georgios Symeonidis, University of Piraeus, Hellenic Actuarial Authority Manolis Valavanis, Hellenic Actuarial Authority Georgia Venetsanakou, Hellenic Actuarial Authority Abstract This paper aims to analyze the impact of the reforms of the Greek Pension and Fiscal System on poverty, through a statistical analysis and to point out the changes in the main factors mentioned above and how they correlate. The analysis is achieved through the comparison of main identifiers between Greece and richer European countries. Firstly, the macroeconomic variables are presented. Then, the data analysis on income, income from pension and its correlation with owned housing is conducted and finally the reconstruction of poverty thresholds and its large variations are depicted, with an attempt to explain the differences based on methodological approach and data collection. 1 The research leading to these results has received support under the European Commission’s 7th Framework Programme (FP7/2013-2017) under grant agreement n°312691, InGRID – Inclusive Growth Research Infrastructure Diffusion. 1 Introduction In 2010, Greece, under the pressure of an increasing public debt, was forced to resort to the Troika, which is the designation of the triumvirate which comprises the European Commission (EC), the European Central Bank (ECB) and the International Monetary Fund (IMF). The Troika agreed to provide Greece with financial help, on special terms recorded in a Memorandum of Understanding (MoU) between the Greek Government and the Troika. -
Michael Lewis's the Undoing Project: a Friendship That Changed Our
Midwest Social Sciences Journal Volume 23 Issue 1 Article 12 11-2020 Michael Lewis’s The Undoing Project: A Friendship That Changed Our Minds David McClough Ohio Northern University Follow this and additional works at: https://scholar.valpo.edu/mssj Part of the Anthropology Commons, Business Commons, Criminology Commons, Economics Commons, Environmental Studies Commons, Gender and Sexuality Commons, Geography Commons, History Commons, International and Area Studies Commons, Political Science Commons, Psychology Commons, and the Urban Studies and Planning Commons Recommended Citation McClough, David (2020) "Michael Lewis’s The Undoing Project: A Friendship That Changed Our Minds," Midwest Social Sciences Journal: Vol. 23 : Iss. 1 , Article 12. DOI: 10.22543/0796.231.1033 Available at: https://scholar.valpo.edu/mssj/vol23/iss1/12 This Article is brought to you for free and open access by ValpoScholar. It has been accepted for inclusion in Midwest Social Sciences Journal by an authorized administrator of ValpoScholar. For more information, please contact a ValpoScholar staff member at [email protected]. McClough: Michael Lewis’s The Undoing Project: A Friendship That Changed Ou Book Review Michael Lewis’s The Undoing Project: A Friendship That Changed Our Minds* DAVID MCCLOUGH Ohio Northern University Lewis, M. 2017. The Undoing Project: A Friendship That Changed Our Minds. New York: W. W. Norton & Company. 362 pp., $28.95. ISBN:978-0393-25459-4. ABSTRACT The Undoing Project examines the relationship between two psychologists, Amos Tversky and Daniel Kahneman, whose work altered how we understand the functioning of the mind. In this book, Lewis embarks on a journey to understand and explain psychological research to a popular audience. -
Luxembourg Income Study Working Paper Series
Luxembourg Income Study Working Paper Series Working Paper No. 303 Measuring Well-Being and Exclusion in Europe's Regions Kitty Stewart March 2002 Luxembourg Income Study (LIS), asbl Measuring Well-Being and Exclusion in Europe’s Regions Kitty Stewart Contents Editorial Note and Acknowledgements.............................................................................iii Abstract ...................................................................................................................................iii 1. Introduction.................................................................................................................... 4 2. Regions: what and why? .............................................................................................. 5 3. Choice of indicators – and how do we measure disparity? .................................... 8 4. Material well-being ..................................................................................................... 12 5. Productive life.............................................................................................................. 22 6. Education...................................................................................................................... 27 7. Health............................................................................................................................ 30 8. Social participation...................................................................................................... 36 9. Conclusions .................................................................................................................