The Austrian Theory of Finance

Author(s):  
Gregory Dempster

Austrian school economists have long been interested in monetary and financial operations that characterize modern capitalism. With a few exceptions, this interest was confined, at least until the late twentieth century, primarily to the aggregate effects of these operations on the workings of the economy at large, focusing on the overall outcomes of human action rather than specifics of how the decision to engage in those actions comes about. In other words, Austrian theorists emphasized the role of business enterprise but not the conduct of business. The last thirty years of development in the Austrian school have seen a profound change in this regard, with notable contributions emerging in all areas of business education. This chapter demonstrates the development of Austrian theory with respect to finance and makes the case that this development is sufficient in scope to qualify as a distinctive Austrian theory of finance.

Urban History ◽  
2014 ◽  
Vol 42 (3) ◽  
pp. 463-482
Author(s):  
SEAMUS O’HANLON

ABSTRACTOne of the world's great Victorian-era suburban metropolises, Melbourne, Australia, was transformed by mass immigration and the redevelopment of some of its older suburbs with low-rise flats and apartments in the post-war years. Drawing on a range of sources, including census material, municipal rate and valuation books, immigration and company records, as well as building industry publications, this article charts demographic and morphological change across the Melbourne metropolitan area and in two particular suburbs in the mid- to late twentieth century. In doing so, it both responds to McManus and Ethington's recent call for more histories of suburbs in transition, and seeks to embed the role of immigration and immigrants into Melbourne's urban historiography.


2019 ◽  
Vol 117 (1) ◽  
pp. 47-78
Author(s):  
Emma Robertson ◽  
Lee-Ann Monk

During World War I in Britain, women workers took on previously men-only jobs on the railways. In response to this wartime development, the National Union of Railwaymen published a series of cartoons in their journal, Railway Review. These images depicted women employed as porters and guards, occupying the engine footplate, and acting in the role of station-mistress. Through a close reading of the cartoons, and related images in the journal, this article examines how the humorous portrayal of female railway workers reinforced masculine occupational identities at the same time as revealing ambiguities in (and negotiating anxieties over) the gendered nature of railway employment. Despite wartime labour shortages, certain occupations, notably the driving and firing of steam trains, remained stolidly men’s work and would do so until the late twentieth century. By scrutinising the construction of gendered occupational culture in union journals, we can better understand the tenacity of notions of “traditional” work for men and women on the railways.


2018 ◽  
Vol 4 (1) ◽  
Author(s):  
Richard Schechner

This essay by Richard Schechner dedicated to a mythical figure of the theater of the late twentieth century; a work of critical reconstruction that has contributed decisively to consolidating the legacy of Grotowski, just a few months after his death. In addition to fixing some essential terms of the vocabulary, together with the contents and the periodization of the Grotowskian work (aspects that Grotowski in life were entrusted exclusively to oral transmission), the essay retraces the formation of Grotowski, the aspects linked to his character, the specific forms of his research and his transmission of knowledge, the exercise of leadership, the role of his collaborators, the sources, the mystical side, his relationship with the spirit of time, the importance (and weakness) of his opera, in the history of twentieth century theater.


2006 ◽  
Vol 1 (1) ◽  
pp. 81-99 ◽  
Author(s):  
Roger Owen

The article uses comparative Indian material from British India and later, the Pakistani Punjab to ask new questions of the standard accounts of Egypt’s post-1890 cotton boom. It also argues for the particular relevance of the rich Punjabi green revolution data to the Egyptian case, and more generally, for the rewards to be obtained from an academic dialog between selected aspects of late nineteenth and of late twentieth century globalization. Topics analyzed include the impact of the various agricultural revolutions on social and regional inequalities, the issue of sustainability, the role of experts and the impact on health of long-term environmental degradation.


Author(s):  
Mona Lynch ◽  
Anjuli Verma

This essay reviews trends since the early 1980s in the number of inmates confined in American prisons as well as possible factors contributing to the massive increase in prison admissions (ranging from highly functionalist structural accounts to more culturally embedded midrange ones). Defining features of the late twentieth century imprisonment boom are discussed, encompassing global notoriety; persistent racial disparities; the role of felony drug filings, convictions and sentences in fueling both the scale and racial disparities of imprisonment; and regional and jurisdictional variations in trends across three planes: federal-state, interstate, and intrastate. Finally, the recent “stabilization” of incarceration rates in the United States is described and possible implications considered.


2016 ◽  
Vol 50 ◽  
pp. 45-56
Author(s):  
Joel Michael Reynolds ◽  

Awaiting execution, Socrates asks, “Is life worth living with a body that is corrupted and in a bad condition (μοχθηροῦ καὶ διεφθαρμένου σώματος)?” “In no way (Οὐδαμῶς),” replies Crito. While one can only conjecture whether Heidegger would agree with this precise formulation, the specter of (the corruptibility of) the body loomed large during his later years and in much scholarship to follow. Among the many scholars who have addressed the question of the body in Heidegger, nearly all agree that he—early, middle, and late—maintains that Dasein’s or the mortal’s openness to being/beyng is the ground of the fleshly or bodily (das Leibliche), not the reverse. Adducing the discussion of Sein-zum-Tode in §§51-53 of Being and Time and the role of der Sterbliche in the Bremen Lectures, I argue that this relation is instead mutually reciprocal, for Heidegger’s own accounts of the role of mortality demonstrate that corporeal variability is constitutive of Dasein’s openness to being. I term what this thinking proffers a corpoietic understanding of the body, and I conclude by discussing what light this might shed on past indictments of Heidegger’s (non)treatment of the body and on late twentieth-century attempts to think bodily difference.


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