Cost-Benefit Analysis of Leaning Against the Wind

Cost-Benefit Analysis of Leaning Against the Wind
Author: Mr.Lars E. O. Svensson
Publisher: International Monetary Fund
Total Pages: 76
Release: 2016-01-11
Genre: Business & Economics
ISBN: 1498314783

“Leaning against the wind” (LAW) with a higher monetary policy interest rate may have benefits in terms of lower real debt growth and associated lower probability of a financial crisis but has costs in terms of higher unemployment and lower inflation, importantly including a higher cost of a crisis when the economy is weaker. For existing empirical estimates, costs exceed benefits by a substantial margin, even if monetary policy is nonneutral and permanently affects real debt. Somewhat surprisingly, less effective macroprudential policy and generally a credit boom, with resulting higher probability, severity, or duration of a crisis, increases costs of LAW more than benefits, thus further strengthening the strong case against LAW.

Leaning Into the Wind

Leaning Into the Wind
Author: Linda M. Hasselstrom
Publisher: Houghton Mifflin Harcourt
Total Pages: 420
Release: 1997
Genre: Biography & Autobiography
ISBN: 9780395901311

Originally published in 1997 by Houghton Mifflin, this is a collection of true stories, essays and poems which tell of the glories and rigours of living close to the land.

Lean Against This Late Hour

Lean Against This Late Hour
Author: Garous Abdolmalekian
Publisher: Penguin
Total Pages: 162
Release: 2020-04-14
Genre: Poetry
ISBN: 0525506608

Finalist for the PEN Award for Poetry in Translation A vivid, "mesmerizing" (New York Times Magazine) portrait of life in the shadow of violence and loss, for readers of both English and Persian The first selection of poems by renowned Iranian poet Garous Abdolmalekian to appear in English, this collection is a captivating, disorienting descent into the trauma of loss and its aftermath. In spare lines, Abdolmalekian conjures surreal, cinematic images that pan wide as deftly as they narrow into intimate focus. Time is a thread come unspooled: pain arrives before the wound, and the dead wait for sunrise. Abdolmalekian resists definitive separations between cause and effect, life and death, or heaven and hell, and challenges our sense of what is fixed and what is unsettled and permeable. Though the speakers in these poems are witnesses to the deforming effects of grief and memory, they remain alive to curiosity, to the pleasure of companionship, and to other ways of being and seeing. Lean Against This Late Hour illuminates the images we conjure in the face of abandonment and ruin, and finds them by turns frightening, bewildering, ethereal, and defiant. "This time," a disembodied voice commands, "send us a prophet who only listens."

Cost-Benefit Analysis of Leaning Against the Wind

Cost-Benefit Analysis of Leaning Against the Wind
Author: Mr.Lars E. O. Svensson
Publisher: International Monetary Fund
Total Pages: 76
Release: 2016-01-11
Genre: Business & Economics
ISBN: 1498310737

“Leaning against the wind” (LAW) with a higher monetary policy interest rate may have benefits in terms of lower real debt growth and associated lower probability of a financial crisis but has costs in terms of higher unemployment and lower inflation, importantly including a higher cost of a crisis when the economy is weaker. For existing empirical estimates, costs exceed benefits by a substantial margin, even if monetary policy is nonneutral and permanently affects real debt. Somewhat surprisingly, less effective macroprudential policy and generally a credit boom, with resulting higher probability, severity, or duration of a crisis, increases costs of LAW more than benefits, thus further strengthening the strong case against LAW.

Against the Mark

Against the Mark
Author: Kat Martin
Publisher: Harlequin
Total Pages: 392
Release: 2013-09-01
Genre: Fiction
ISBN: 146031798X

The perfect murder is a work of art In one catastrophic instant, Haley Warren's estranged father was taken from her. She never got the chance to reconnect with him, so now she's doing it the only way she's got left: by proving the explosion that killed him was no accident. When Tyler Brodie, the provocative and handsome P.I. hired by Haley, discovers that her father was investigating a suspected art theft, he knows his death is no coincidence. After all, tens of millions of dollars worth of stolen art could motivate a thief to go to any lengths—including getting rid of anyone poking around where they don't belong. As Haley and Ty get closer to the truth, the truth gets ugly: Did Haley's dad know too much…or was he in on the take? And although Ty's a consummate professional, he's having trouble focusing on the facts of the case, and not the figure of his gorgeous client. The two are determined to get to the bottom of the case, even if it means they die trying.

Against the Storm

Against the Storm
Author: Kat Martin
Publisher: Harlequin
Total Pages:
Release: 2019-03-11
Genre: Fiction
ISBN: 1488039062

Don’t miss this fan-favorite book from the Raines of Wind Canyon series by New York Times bestselling author Kat Martin! Maggie O’Connell, a well-known Houston photographer, is being followed. Desperate for help, she hires Trace Rawlins, a former army ranger turned private investigator. Trace soon senses that something’s wrong—and it becomes clear Maggie isn’t telling him everything. If the menacing calls and messages are real, why won’t the police help her? And if they aren’t real, what is she hiding? Trace must figure out if the danger comes from an unknown stalker…or from the woman he’s trying his hardest not to fall for. Originally published in 2011.

The Financial Crisis of 2008

The Financial Crisis of 2008
Author: Barrie A. Wigmore
Publisher: Cambridge University Press
Total Pages: 419
Release: 2021-11-04
Genre: Business & Economics
ISBN: 1108943802

Supported by ten years of research, Wigmore has gathered extensive data covering the 2008 financial crisis and subsequent recovery to provide the first comprehensive history of the period. Financial crises cannot occur unless institutional investors finance the bubbles that created them. Wigmore follows the trail of data putting pressure on institutional investors to achieve higher levels of returns that led to over-leverage throughout the financial system and placed such a burden on recovery. Here is a 'very good picture - and painful reminder - of the crisis' evolution across multiple asset classes, structures, participants, and geographies.' This work serves as a critical analysis of modern portfolio management and an important reference work for financial professionals, academics, investors, and students.

Secrets of the Temple

Secrets of the Temple
Author: William Greider
Publisher: Simon and Schuster
Total Pages: 804
Release: 1989-01-15
Genre: Business & Economics
ISBN: 0671675567

Reveals how the Federal Reserve under Paul Volcker engineered changes in America's economy.

Lean Logic

Lean Logic
Author: David Fleming
Publisher: Chelsea Green Publishing
Total Pages: 658
Release: 2016
Genre: Business & Economics
ISBN: 1603586482

Lean Logic is David Fleming's masterpiece, the product of more than thirty years' work and a testament to the creative brilliance of one of Britain's most important intellectuals. A dictionary unlike any other, it leads readers through Fleming's stimulating exploration of fields as diverse as culture, history, science, art, logic, ethics, myth, economics, and anthropology, being made up of four hundred and four engaging essay-entries covering topics such as Boredom, Community, Debt, Growth, Harmless Lunatics, Land, Lean Thinking, Nanotechnology, Play, Religion, Spirit, Trust, and Utopia. The threads running through every entry are Fleming's deft and original analysis of how our present market-based economy is destroying the very foundations--ecological, economic, and cultural-- on which it depends, and his core focus: a compelling, grounded vision for a cohesive society that might weather the consequences. A society that provides a satisfying, culturally-rich context for lives well lived, in an economy not reliant on the impossible promise of eternal economic growth. A society worth living in. Worth fighting for. Worth contributing to. The beauty of the dictionary format is that it allows Fleming to draw connections without detracting from his in-depth exploration of each topic. Each entry carries intriguing links to other entries, inviting the enchanted reader to break free of the imposed order of a conventional book, starting where she will and following the links in the order of her choosing. In combination with Fleming's refreshing writing style and good-natured humor, it also creates a book perfectly suited to dipping in and out. The decades Fleming spent honing his life's work are evident in the lightness and mastery with which Lean Logic draws on an incredible wealth of cultural and historical learning--from Whitman to Whitefield, Dickens to Daly, Kropotkin to Kafka, Keats to Kuhn, Oakeshott to Ostrom, Jung to Jensen, Machiavelli to Mumford, Mauss to Mandelbrot, Leopold to Lakatos, Polanyi to Putnam, Nietzsche to Næss, Keynes to Kumar, Scruton to Shiva, Thoreau to Toynbee, Rabelais to Rogers, Shakespeare to Schumacher, Locke to Lovelock, Homer to Homer-Dixon--in demonstrating that many of the principles it commends have a track-record of success long pre-dating our current society. Fleming acknowledges, with honesty, the challenges ahead, but rather than inducing despair, Lean Logic is rare in its ability to inspire optimism in the creativity and intelligence of humans to nurse our ecology back to health; to rediscover the importance of place and play, of reciprocity and resilience, and of community and culture. ------ Recognizing that Lean Logic's sheer size and unusual structure could be daunting, Fleming's long-time collaborator Shaun Chamberlin has also selected and edited one of the potential pathways through the dictionary to create a second, stand-alone volume, Surviving the Future: Culture, Carnival and Capital in the Aftermath of the Market Economy. The content, rare insights, and uniquely enjoyable writing style remain Fleming's, but presented at a more accessible paperback-length and in conventional read-it-front-to-back format.

A Supposedly Fun Thing I'll Never Do Again

A Supposedly Fun Thing I'll Never Do Again
Author: David Foster Wallace
Publisher: Back Bay Books
Total Pages: 546
Release: 2009-11-23
Genre: Humor
ISBN: 0316090522

These widely acclaimed essays from the author of Infinite Jest -- on television, tennis, cruise ships, and more -- established David Foster Wallace as one of the preeminent essayists of his generation. In this exuberantly praised book -- a collection of seven pieces on subjects ranging from television to tennis, from the Illinois State Fair to the films of David Lynch, from postmodern literary theory to the supposed fun of traveling aboard a Caribbean luxury cruiseliner -- David Foster Wallace brings to nonfiction the same curiosity, hilarity, and exhilarating verbal facility that has delighted readers of his fiction, including the bestselling Infinite Jest.