scholarly journals A Century of US Central Banking: Goals, Frameworks, Accountability

2013 ◽  
Vol 27 (4) ◽  
pp. 3-16 ◽  
Author(s):  
Ben S Bernanke
Keyword(s):  
Great Recession ◽  
Federal Reserve ◽  
Central Banking ◽  
Policy Framework ◽  
The Past ◽  
The Great Depression ◽  
History Of ◽  
Key Aspects ◽  
Changes Over Time ◽  
Over Time

Several key episodes in the 100-year history of the Federal Reserve have been referred to in various contexts with the adjective “Great” attached to them: the Great Experiment of the Federal Reserve's founding, the Great Depression, the Great Inflation and subsequent disinflation, the Great Moderation, and the recent Great Recession. Here, I'll use this sequence of “Great” episodes to discuss the evolution over the past 100 years of three key aspects of Federal Reserve policymaking: the goals of policy, the policy framework, and accountability and communication. The changes over time in these three areas provide a useful perspective, I believe, on how the role and functioning of the Federal Reserve have changed since its founding in 1913, as well as some lessons for the present and for the future.

Social Work Practice: History and Evolution

2013 ◽  
Author(s):  
John G. McNutt
Keyword(s):  
Social Work ◽  
Social Order ◽  
Work Practice ◽  
Social Work Practice ◽  
Practice Change ◽  
Policy Framework ◽  
Primary Means ◽  
History Of ◽  
Changes Over Time ◽  
Over Time

Social work is a profession that began its life as a call to help the poor, the destitute and the disenfranchised of a rapidly changing social order. It continues today still pursuing that quest, perhaps with some occasional deviations of direction from the original spirit. Social work practice is the primary means of achieving the profession's ends. It is impossible to overstate the centrality or the importance of social work practice to the profession of social work. Much of what is important about the history of the profession is the history of social work practice. We must consider both social work practice per se (the knowledge base, practice theories and techniques) and the context for social work practice. The context of practice includes the agency setting, the policy framework and the large social system in which practice takes place. Social work practice is created within a political, social, cultural and economic matrix that shapes the assumptions of practice, the problems that practice must deal with and the preferred outcomes of practice. Over time, the base forces that create practice and create the context for practice, change. Midgley (1981) correctly notes that practice created in one social order is often inappropriate for work in another social order. Since the social order changes over time, practice created at one point in time may no longer be appropriate in the future.

Masters of Illusion: Bank and Regulatory Accounting for Losses in Distressed Banks

2020 ◽  
pp. 1-31
Author(s):  
Edward J. Kane
Keyword(s):  
Federal Reserve ◽  
Central Banking ◽  
Net Worth ◽  
Know How ◽  
Regulatory Frameworks ◽  
History Of ◽  
Over Time

This essay is part of a larger work on the history of Federal Reserve policymaking entitled Banking on Bull. The study seeks to explain why the instruments of central banking inevitably break down over time. A big part of the explanation is that policymakers want accounting measures of bank net worth to be flexible enough to allow bankers and regulators to slow the release of adverse information about distressed banks, particularly very large ones. Modern regulatory frameworks focus on maintaining what can be described as the adequacy of accounting capital. But this framework is bull, because in tough times, bank accountants know how to make losses disappear.

A Long Stagnation, or Capitalism without Growth

2018 ◽  
Author(s):  
Louçã Francisco ◽  
Ash Michael
Keyword(s):  
Great Recession ◽  
World Economy ◽  
Economic Stability ◽  
Secular Stagnation ◽  
The Great Recession ◽  
The Past ◽  
The World ◽  
History Of ◽  
Growth Prospects

Chapter 11 assesses the growth prospects of the world economy. The history of global economic doomsaying is traced briefly, a frequently reasonable position that has not done well with the facts for the past hundred years. Capitalism has been adept at escaping from the pit and pendulum. A set of global imbalances is then reviewed that are seen as posing a severe threat to global economic stability and certainly to the prospects for sustainable and equitable growth. The Great Recession following the Crash of 2007–8 might be “different this time.” Historical and contemporary fears of “secular stagnation” are discussed but the speculative nature of stagnationist assessments is acknowledged.

The Great Depression and the Great Recession in Interwar Greece and Today: A comparison

2015 ◽  
Vol 66 (2) ◽  
Author(s):  
Sophia Lazaretou
Keyword(s):  
Great Recession ◽  
Empirical Studies ◽  
Economic Downturn ◽  
The Great Recession ◽  
The Past ◽  
Greek Crisis ◽  
The Great Depression ◽  
Terra Incognita ◽  
Cross Country ◽  
Nominal Anchor

AbstractThe past Greek crisis experience is more or less terra incognita. In all historical empirical studies Greece is systematically neglected or included only sporadically in their cross-country samples. In the national literature too there is little on this topic. In this paper we use the 1930s crisis as a useful testing ground to compare the two crises episodes, ‘then’ and ‘now’; to detect differences and similarities and discuss the policy facts with the ultimate aim to draw some ‘policy lessons’ from history. To the best of our knowledge, this is the first attempt to study the Greek crisis experience across the two historical episodes. Comparisons with the interwar period show that the recent economic downturn was faster, larger and more severe than during the early 1930s. More importantly, analysing the determinants of the two crises, we conclude that Greece’s problems arose from its inability to credibly adhere to a nominal anchor.

scholarly journals Anti-Memorials and the Art of Forgetting: Critical Reflections on a Memorial Design Practice

2008 ◽  
Vol 15 ◽  
Author(s):  
SueAnne Ware
Keyword(s):  
Human Activity ◽  
The Other ◽  
Complex Spectrum ◽  
Design Practice ◽  
Design Work ◽  
The Past ◽  
Heroin Overdose ◽  
The Future ◽  
Changes Over Time ◽  
Over Time

Andreas Huyssen writes, ‘Remembrance as a vital human activity shapes our links to the past, and the ways we remember define us in the present. As individuals and societies, we need the past to construct and to anchor our identities and to nurture a vision of the future.’ Memory is continually affected by a complex spectrum of states such as forgetting, denial, repression, trauma, recounting and reconsidering, stimulated by equally complex changes in context and changes over time. The apprehension and reflective comprehension of landscape is similarly beset by such complexities. Just as the nature and qualities of memory comprise inherently fading, shifting and fleeting impressions of things which are themselves ever-changing, an understanding of a landscape, as well as the landscape itself, is a constantly evolving, emerging response to both immense and intimate influences. There is an incongruity between the inherent changeability of both landscapes and memories, and the conventional, formal strategies of commemoration that typify the constructed landscape memorial. The design work presented in this paper brings together such explorations of memory and landscape by examining the ‘memorial’. This article examines two projects. One concerns the fate of illegal refugees travelling to Australia: The SIEVX Memorial Project. The other, An Anti-Memorial to Heroin Overdose Victims, was designed by the author as part of the 2001 Melbourne Festival.

The History of the Adhān: a View from the Hadith Literature

2020 ◽  
pp. 27-48
Author(s):  
Maroussia Bednarkiewicz
Keyword(s):  
Alternative Means ◽  
History Of ◽  
Call To Prayer ◽  
Changes Over Time ◽  
Over Time

The Qurʾan itself refers to a call to prayer (although using another term, nidāʾ, not adhān) without laying down a form. Several stories are told of how the call to prayer was originally formulated. Some describe fire, horns, and even semantrons as alternative means suggested or even tried at the earliest stage. Maroussia Bednarkiewicz traces variant wordings to different stages in history, regional centres, traditionists, and jurisprudents. Changes over time suggest that verbatim transmission was a low priority, yet an original core story can be discerned.

Toward an Institutional Theory of Community and Community Associations: a Review

2019 ◽  
Vol 4 (1) ◽  
pp. 1-63 ◽  
Author(s):  
Carl Milofsky
Keyword(s):  
Social Capital ◽  
Institutional Theory ◽  
Urban Sociology ◽  
Limited Liability ◽  
Community Based ◽  
Community Based Organizations ◽  
The Past ◽  
Community Associations ◽  
History Of ◽  
Over Time

AbstractThis article argues the position that the symbolic sense of community is a product of action by associations and larger community-based organizations. It draws on a theory from urban sociology called “the community of limited liability.” In the past this theory, first articulated by Morris Janowitz, has mostly been used to argue that residents living in a local neighborhood feel a sense of identification with that area to the extent that the symbolism of that neighborhood has been developed. This article extends Janowitz’s theory to apply to local associations and their efforts to create activities, movements, and products that encourage residents to expand their sense of symbolic attachment to a place. We argue that this organizational method has long been used by local associations but it has not been recognized as an organizational theory. Because associations have used this approach over time, communities have a historical legacy of organizing and symbol creating efforts by many local associations. Over time they have competed, collaborated, and together developed a collective vision of place. They also have created a local interorganizational field and this field of interacting associations and organizations is dense with what we call associational social capital. Not all communities have this history of associational activity and associational social capital. Where it does exist, the field becomes an institutionalized feature of the community. This is what we mean by an institutional theory of community.

Childbirth Yesterday and Today: A Comparative Analysis of Women’s Experiences and Feelings through the Ages to the Present

2020 ◽  
Vol 8 (8) ◽  
pp. 100-109
Author(s):  
Grażyna Bączek ◽  
Joanna Jasińska
Keyword(s):  
Comparative Analysis ◽  
Perinatal Care ◽  
Time Frame ◽  
Chi Square ◽  
The Past ◽  
Chi Square Test ◽  
Main Determinants ◽  
Changes Over Time ◽  
Delivery Rooms ◽  
Over Time

Introduction: Perinatal care has undergone many changes over time. Therefore, women’s feelings and experiences will differ depending on the perinatal care provided at the time of childbirth. Time of childbirth and the perinatal care received are the main determinants in this process. However, one thing remains unchanged over time. Childbirth is considered one of the most notable events in the life of every woman.  The aim of the study was a comparative analysis of experiences and feelings shared by females giving birth in the past and the present in Poland. Material and methods: A questionnaire was designed specifically for this research project. It was a set of multiple choice (single answer) questions concerning childbirth conditions and perinatal care. Results were analyzed with a chi square test. Data was collected in 2016 in Poland. The questionnaire was distributed both in paper and electronic form. Results: The study group comprised of 671 females divided into three groups: childbirth before 2000, between 2001–2012, and after 2013. This time frame was associated with significant changes in perinatal care in Poland over the years. Changes in the delivery rooms have raised the comfort of childbirth, but progression of obstetrics resulted in greater medicalization of childbirth.

The Oxford Handbook of the History of Crime and Criminal Justice

2016 ◽  
Keyword(s):  
Criminal Justice ◽  
The United States ◽  
Cultural Representations ◽  
Social Scientists ◽  
The Past ◽  
History Of ◽  
Past Experiences ◽  
Key Aspects ◽  
Crime And Criminal Justice ◽  
History Of Crime

The Oxford Handbook of the History of Crime and Criminal Justicebrings together researchers who work on crime and criminal justice in the past with an emphasis on the interaction between history and social sciences. Although working on similar subject matters historians and social scientists are often motivated by different intellectual concerns. Historians seek knowledge about crime and criminal justice to better understand the past. In contrast, social scientists draw on past experiences to build sociological, criminological, or socio-legal knowledge. Nevertheless, researchers from both fields have a shared interest in social theory, in the use of social science techniques for analysis, and in a critical outlook in examining perceptions of the past that shape popular myths and justify criminal justice policies in the present. TheHandbookis intended as a guide for both current researchers and newcomers to orient themselves on key aspects of current research from both fields. TheHandbookincludes thirty-four essays covering theory and methods; forms of crime; crime, gender, and ethnicities; cultural representations of crime; the rise of criminology; law enforcement and policing; law, courts, and criminal justice; and punishment and prisons. The essays concentrate on the Atlantic world, particularly Europe and the United States, during the eighteenth, nineteenth, and twentieth centuries. All of the authors situate their topic within the wider historiography.

Sign in / Sign up

Export Citation Format

Share Document