Is Globalization Good for Wine Drinkers in the United States?

2007 ◽  
Vol 2 (2) ◽  
pp. 187-195 ◽  
Author(s):  
Omer Gokcekus ◽  
Andrew Fargnoli

AbstractTo determine whether globalization is good for wine drinkers in the U.S., we examine the Wine Spectator's annual Top 100 lists, published since 1988. During this period, the average real price for these wines decreases from $43 to $26. Quality is consistent at around 93 points. Variety increases from six to twelve countries; the share of countries dominating the early lists declines from 95% to 75% over time. Our regression analysis indicates that when a New-New World wine replaces an Old World one, the average real price of the Top 100 list falls by 2.5%. (JEL Classification: F120, F140, C200)“My only regret in life is that I did not drink more champagne.” (John Maynard Keynes) (Harod, 1951, p. 15)

Author(s):  
Noel Maurer

This introductory chapter discusses the shift from politicized confrontations like the imbroglio of 1900 to legalized disputes like the more orderly affair of 2007. It advances four basic findings. First, American government intervention on behalf of U.S. foreign investors was astoundingly successful at extracting compensation through the 1980s. Second, American domestic interests trumped strategic concerns again and again, for small economic gains relative to the U.S. economy and the potential strategic losses. Third, the United States proved unable to impose institutional reform in Latin America and West Africa even while American agents were in place. Finally, the technology that the U.S. government used to protect American property rights overseas changed radically over time.


Daedalus ◽  
2013 ◽  
Vol 142 (3) ◽  
pp. 48-64 ◽  
Author(s):  
Marta Tienda ◽  
Susana M. Sánchez

This essay provides an overview of immigration from Latin America since 1960, focusing on changes in both the size and composition of the dominant streams and their cumulative impact on the U.S. foreign-born population. We briefly describe the deep historical roots of current migration streams and the policy backdrop against which migration from the region surged. Distinguishing among the three major pathways to U.S. residence – family sponsorship, asylum, and unauthorized entry – we explain how contemporary flows are related both to economic crises, political conflicts, and humanitarian incidents in sending countries, but especially to idiosyncratic application of existing laws over time. The concluding section highlights the importance of investing in the children of immigrants to meet the future labor needs of an aging nation.


Author(s):  
Kathleen Sprows Cummings

Canonization, the process by which the Catholic Church names saints, may be fundamentally about holiness, but it is never only about holiness. In the United States, it was often about the ways in which Catholics defined, defended, and celebrated their identities as Americans. This book traces saint-seeking in the United States from the 1880s, the decade in which U.S. Catholics nominated their first candidates for canonization, to 2015, the year Pope Francis named the twelfth American saint in the first such ceremony held on U.S. soil. It argues that U.S. Catholics’ search for a saint of their own sprung from a desire to persuade the Vatican to recognize their country’s holy heroes. But Rome was not U.S. saint-seekers only audience. For the U.S. Catholic faithful, saints served not only as mediators between heaven and earth, but also between the faith they professed and the American culture in which they lived. This panoramic view of American sanctity, focused on figures at the nexus of holiness and U.S. history, this book explores U.S. Catholics’ understanding of themselves both as members of the church and as citizens of the nation—and reveals how those identities converged, diverged, and changed over time.


2020 ◽  
Vol 23 (3) ◽  
pp. 227-243
Author(s):  
Patrick Carter ◽  
Jeffrie Wang ◽  
Davis Chau

PurposeThe similarities between the developments of the United States (U.S.) and China into global powers (countries with global economic, military, and political influence) can be analyzed through big data analysis from both countries. The purpose of this paper is to examine whether or not China is on the same path to becoming a world power like what the U.S. did one hundred years ago.Design/methodology/approachThe data of this study is drawn from political rhetoric and linguistic analysis by using “big data” technology to identify the most common words and political trends over time from speeches made by the U.S. and Chinese leaders from three periods, including 1905-1945 in U.S., 1977-2017 in U.S. and 1977-2017 in China.FindingsRhetoric relating to national identity was most common amongst Chinese and the U.S. leaders over time. The differences between the early-modern U.S. and the current U.S. showed the behavioral changes of countries as they become powerful. It is concluded that China is not a world power at this stage. Yet, it is currently on the path towards becoming one, and is already reflecting characteristics of present-day U.S., a current world power.Originality/valueThis paper presents a novel approach to analyze historical documents through big data text mining, a methodology scarcely used in historical studies. It highlights how China as of now is most likely in a transitionary stage of becoming a world power.


Peyote Effect ◽  
2018 ◽  
pp. 169-176
Author(s):  
Alexander S. Dawson

We begin the book’s conclusion with the juxtaposition of two different stories of peyotism: the creation of an ecotourism business featuring Wixárika peyotism in Potrero de la Palmita, Nayarit, in 2010 and the short history of an African American peyotist church in Tulsa, Oklahoma, in the 1920s. The former is licit, enjoying support by a state committed to economic development, while the latter faced constant threats from the police before collapsing, in part due to its members’ fear of arrest. These two stories remind us of the central roles that place and time play in the history of peyotism across the U.S.-Mexican border, but they also force us to consider the ways that ideas about race have informed the battles over peyote in Mexico and the United States. Particularly striking is the fact that the racial prohibitions enacted by the Spanish Inquisition resonate with current law. Also notable is the fact that Mexicans and Americans have deployed similar ideas about race over time in their battles over peyote. This speaks to the underlying anxieties that indigeneity evokes in both societies, as well as the role that indigenous subjects have played in the creation of whiteness in both the United States and Mexico.


Author(s):  
James E. Pfander

Cases Without Controversies: Uncontested Adjudication in Article III Courts offers a new account of the power of federal courts in the United States to hear and determine uncontested applications to assert or register a claim of right. Familiar to lawyers in civil law countries as forms of voluntary or non-contentious jurisdiction, these uncontested applications fit uneasily with the commitment to adversary legalism in the United States. Indeed, modern accounts of federal judicial power often urge that the language of Article III of the U.S. Constitution limits federal courts to the adjudication of concrete disputes between adverse parties and rules out all forms of non-contentious jurisdiction. Said to rest on the so-called “case-or-controversy” requirement of Article III, this requirement of party contestation threatens the power of federal courts to conduct a range of familiar proceedings, such as the oversight of bankruptcy proceedings, the issuance of warrants, and the adjudication of applications for mandamus and habeas corpus relief. By recounting the tradition of naturalization and other uncontested litigation in antebellum America and coupling that tradition with an account of the important difference between cases and controversies, this book challenges the prevailing understanding of Article III. In addition to defending the power of federal courts to hear uncontested matters of federal law, this book examines the way the Constitution’s meaning has changed over time and suggests an interpretive methodology that would allow the U.S. Supreme Court to take account of the old and the new in defining the contours of federal judicial power.


2008 ◽  
Vol 6 (3) ◽  
pp. 433-450 ◽  
Author(s):  
Gary Miller ◽  
Norman Schofield

Because the space of policies is two-dimensional, parties in the United States are coalitions of opposed interests. The Republican Party contains both socially conservative and socially liberal groups, though both tend to be pro-business. The increasing dominance of the social conservatives has angered some prominent Republicans, even causing a number of them to change party allegiance. Over time, the decreasing significance of the economic axis may cause the Republican Party to adopt policies that are analogous to those proposed by William Jennings Bryan in 1896: populist and anti-business. In parallel, the Democratic Party will increasingly appeal to pro-business, social liberals, so the party takes on the mantel of Lincoln.


2009 ◽  
Vol 1 (1) ◽  
pp. 1 ◽  
Author(s):  
Carlos H. Orces

The aim of the present study was to analyze trends in hospitalizations for fall-related injury among older adults in the United States from 1988 to 2005. The National Hospital Discharge Survey (NHDS) was used to generate injury hospitalization estimates based on the recommendations of the State and Territorial Injury Prevention Directors Association. Hospital- ization rates were standardized to the year 2000 U.S. population to account for changes in the age distribution of the population over time. Joinpoint regression analysis was used to calculate annual percentage changes in hospitalization rates and to identify points where a statistically significant change occurred over time. Hospitalization rates increased across all age groups (all p for trend <0.001). After age-adjustment, hospitalization rates among women increased by 5.9% (95% CI, 3.7 to 8.2) per year from 304.2 in 1988 to 729.9 per 100,000 persons in 2005. Similarly, age-adjusted rates among men increased at an annual rate of 5.8% (95% CI, 3.5 to 8.2) from 162.7 in 1988 to 377.4 per 100,000 persons in 2005. However, joinpoint regression analysis identified a change in the slope around 1997 and 1998 in men and women, respectively. Thereafter, hospitalization rates in men leveled off at an annual rate of 0.5% (95% CI, -3.6 to 4.7) from 1997 to 2005. In women, there was a non-significant trend toward decreasing rates by -1.3% (95% CI, -4.6 to 2.2) per year between 1998 and 2005. Hospitalization rates for fall-related injury clearly increased among older adults in the United States during the study period. The aging of the population is likely to increase the number of hospitalizations for severe fall-related injuries.


2016 ◽  
Vol 90 (2) ◽  
pp. 301-328 ◽  
Author(s):  
David Chambers ◽  
Ali Kabiri

This article examines in detail how John Maynard Keynes approached investing in the U.S. stock market on behalf of his Cambridge College after the 1929 Wall Street Crash. We exploit the considerable archival material documenting his portfolio holdings, his correspondence with investment advisors, and his two visits to the United States in the 1930s. While he displayed an enthusiasm for investing in common stocks, he was equally attracted to preferred stocks. His U.S. stock picks reflected his detailed analysis of company fundamentals and a pronounced value approach. Already in this period, therefore, it is possible to see the origins of some of the investment techniques adopted by professional investors in the latter half of the twentieth century.


2021 ◽  
Author(s):  
Jun Miyake ◽  
Takaaki Sato ◽  
Shunsuke Baba ◽  
Hayato Nakamura ◽  
Hirohiko Niioka ◽  
...  

We report on a method for analyzing the variant of coronavirus genes using autoencoder. Since coronaviruses have mutated rapidly and generated a large number of genotypes, an appropriate method for understanding the entire population is required. The method using autoencoder meets this requirement and is suitable for understanding how and when the variants emarge and disappear. For the over 30,000 SARS-CoV-2 ORF1ab gene sequences sampled globally from December 2019 to February 2021, we were able to represent a summary of their characteristics in a 3D plot and show the expansion, decline, and transformation of the virus types over time and by region. Based on ORF1ab genes, the SARS-CoV-2 viruses were classified into five major types (A, B, C, D, and E in the order of appearance): the virus type that originated in China at the end of 2019 (type A) practically disappeared in June 2020; two virus types (types B and C) have emerged in the United States and Europe since February 2020, and type B has become a global phenomenon. Type C is only prevalent in the U.S. and is suspected to be associated with high mortality, but this type also disappeared at the end of June. Type D is only found in Australia. Currently, the epidemic is dominated by types B and E.


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