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A remarkable feature of the period since 1970 has been the patterns of rapid and turbulent change in financing behavior and financial structure in many advanced countries. This book explores, in theoretical and empirical terms, the nature of the relationships between the underlying phenomena--levels and changes in debt, vulnerability to default in the corporate and household sectors, and systematic risk in the financial sector. The book focuse...

After a critical summary and analysis of syllogistic, inductive, and modern symbolic logic, this book undertakes a study of the concepts, symbolism, and applications of what has become known as deontic logic, or the logic of obligation, particularly as it relates to moral and legal reasoning involved in the making of decisions, choices, and the performance of human actions. The meanings of the terms act and action are thoroughly discussed as a...

After a critical summary and analysis of syllogistic, inductive, and modern symbolic logic, this book undertakes a study of the concepts, symbolism, and applications of what has become known as deontic logic, or the logic of obligation, particularly as it relates to moral and legal reasoning involved in the making of decisions, choices, and the performance of human actions. The meanings of the terms act and action are thoroughly discussed as a...

The ongoing global financial crisis was not simply the fault of the financial sector. Bankers, households, and governments had all entered a spiral of greed, selfishness, and impatience in pursuit of their respective aims of higher remuneration, greater consumption, and enhanced popularity. The outcome, besides costly bank bailouts, has been rising private and public debt and stagnant economies. Economics, the ruling paradigm in today's societ...

Coping with the aging of the population without economic disruption is undoubtedly one of the major challenges facing the global economy and world financial markets both now and for the coming decades. In this context, this book assesses the major economic issues raised by occupational pension funds, as they have arisen in 12 OECD countries, the US, the UK, Germany, Japan, France, Italy, Canada, Australia, Denmark, Sweden, Switzerland, and the...

A comprehensive economic assessment of the implications of increasing institutionalized saving for the securities trading industry, the financial sector, and the economy as a whole.

A comprehensive economic assessment of the implications of increasing institutionalized saving for the securities trading industry, the financial sector, and the economy as a whole.

Synopsis: The ongoing global financial crisis was not simply the fault of the financial sector. Bankers, households, and governments had all entered a spiral of greed, selfishness, and impatience in pursuit of their respective aims of higher remuneration, greater consumption, and enhanced popularity. The outcome, besides costly bank bailouts, has been rising private and public debt and stagnant economies. Economics, the ruling paradigm in tod...

This book recalls the author's early upbringing and education on two Indian reservations. Davis assesses the policies of the United States government regarding the status of Indians in society, and relates the Indian struggle for survival, self-governance, and sovereignty.