Predictable Profits

Corporate law in the United States requires directors to manage firms in the interests of shareholders, which means never sacrificing profits in service of other stakeholders or interests. In this timely, groundbreaking book, David Yosifon argues that this rule of 'shareholder primacy' is logically, ethically, and practically unsound, and should be replaced by a new standard that compels directors of our largest corporations to manage firms in a socially responsible way. In addition to summarizing existing debates on the issue - and giving special attention to the Supreme Court's decision in Citizens United - Yosifon explores the problem of corporate patriotism and develops a novel approach to the relationship between corporate law and consumer culture. The book's technical acumen will appeal to experts, while its engaging prose will satisfy anyone interested in what our corporate law does, and what it should do better.

Corporate law in the United States requires directors to manage firms in the interests of shareholders, which means never sacrificing profits in service of other stakeholders or interests. In this timely, groundbreaking book, David Yosifon argues that this rule of 'shareholder primacy' is logically, ethically, and practically unsound, and should be replaced by a new standard that compels directors of our largest corporations to manage firms in a socially responsible way. In addition to summarizing existing debates on the issue - and giving special attention to the Supreme Court's decision in Citizens United - Yosifon explores the problem of corporate patriotism and develops a novel approach to the relationship between corporate law and consumer culture. The book's technical acumen will appeal to experts, while its engaging prose will satisfy anyone interested in what our corporate law does, and what it should do better.

Every day, new warnings emerge about artificial intelligence rebelling against us. All the while, a more immediate dilemma flies under the radar. Have forces been unleashed that are thrusting humanity down an ill-advised path, one that's increasingly making us behave like simple machines? In this wide-reaching, interdisciplinary book, Brett Frischmann and Evan Selinger examine what's happening to our lives as society embraces big data, predictive analytics, and smart environments. They explain how the goal of designing programmable worlds goes hand in hand with engineering predictable and programmable people. Detailing new frameworks, provocative case studies, and mind-blowing thought experiments, Frischmann and Selinger reveal hidden connections between fitness trackers, electronic contracts, social media platforms, robotic companions, fake news, autonomous cars, and more. This powerful analysis should be read by anyone interested in understanding exactly how technology threatens the

Using decades of public opinion data from the US, UK, Australia, Germany and Canada, and distinguishing between three concepts - issue ownership, performance and generalised competence - Green and Jennings show how political parties come to gain or lose 'ownership' of issues, how they are judged on their performance in government across policy issues and how they develop a reputation for competence (or incompetence) over a period in office. Their analysis tracks the major events causing people to re-evaluate party reputations and the costs of governing which cause electorates to punish parties in power. They reveal why, when and how these movements in public opinion matter to elections. The implications are important for long-standing debates about performance and partisanship, and reveal that public opinion about party and governing competence is, to a great extent, the product of major shocks and predictable dynamics.

Installation Theory: The Societal Construction and Regulation of Behaviour provides researchers and practitioners with a simple and powerful framework to analyse and change behaviour. Informed by a wide range of empirical evidence, it includes an accessible synthesis of former theories (ecological psychology, activity theory, situated action, distributed cognition, social constructionism, actor-network theory and social representations). 'Installations' are the familiar, socially constructed, apparatuses which elicit, enable, scaffold and control - and make predictable most of our 'normal' behaviour; from shower-cabins or airport check-ins to family dinners, classes or hospitals. The book describes their threefold structure with a new model enabling systematic and practical analysis of their components. It details the mechanisms of their construction, resilience and evolution, illustrated with dozens of examples, from restaurants to nuclear plant operation. The book also provides a det

Take the number of seats in a representative assembly and the number of seats in districts through which this assembly is elected. From just these two numbers, the authors of Votes from Seats show that it is possible to deduce the number of parties in the assembly and in the electorate, as well as the size of the largest party. Inside parties, the vote distributions of individual candidates likewise follow predictable patterns. Four laws of party seats and votes are constructed by logic and tested, using scientific approaches rare in social sciences. Both complex and simple electoral systems are covered, and the book offers a set of 'best practices' for electoral system design. The ability to predict so much from so little, and to apply to countries worldwide, is an advance in the systematic analysis of a core institutional feature found in any democracy, and points the way towards making social sciences more predictive.

Take the number of seats in a representative assembly and the number of seats in districts through which this assembly is elected. From just these two numbers, the authors of Votes from Seats show that it is possible to deduce the number of parties in the assembly and in the electorate, as well as the size of the largest party. Inside parties, the vote distributions of individual candidates likewise follow predictable patterns. Four laws of party seats and votes are constructed by logic and tested, using scientific approaches rare in social sciences. Both complex and simple electoral systems are covered, and the book offers a set of 'best practices' for electoral system design. The ability to predict so much from so little, and to apply to countries worldwide, is an advance in the systematic analysis of a core institutional feature found in any democracy, and points the way towards making social sciences more predictive.

Using decades of public opinion data from the US, UK, Australia, Germany and Canada, and distinguishing between three concepts - issue ownership, performance and generalised competence - Green and Jennings show how political parties come to gain or lose 'ownership' of issues, how they are judged on their performance in government across policy issues and how they develop a reputation for competence (or incompetence) over a period in office. Their analysis tracks the major events causing people to re-evaluate party reputations and the costs of governing which cause electorates to punish parties in power. They reveal why, when and how these movements in public opinion matter to elections. The implications are important for long-standing debates about performance and partisanship, and reveal that public opinion about party and governing competence is, to a great extent, the product of major shocks and predictable dynamics.

Kaiser Wilhelm II (1859–1941) ruled Imperial Germany from his accession in 1888 to his enforced abdication in 1918 at the end of the First World War. This book, based on a wealth of previously unpublished archival material, provides the most detailed account ever written of the first half of his reign. Following on from the author's highly acclaimed Young Wilhelm (1998), the volume demonstrates the monarch's dynastic arrogance and the wounding abuse he showered on his own people as, step by step, he built up his personal power. His thirst for glory, his overweening nationalism and militarism, and his passion for the navy provided the impetus for a breathtaking long-term goal: the transformation of the German Reich into the foremost power in the world. Soon the predictable consequences - constitutional crisis at home and diplomatic isolation abroad - began to make their alarming appearance.

This book demonstrates how, after many years of inactivity after the World War II tribunals, judges at the Yugoslav, Rwanda and Sierra Leone tribunals, and to a lesser extent the International Criminal Court, have seized the opportunity to develop international law on war crimes, crimes against humanity and genocide. Meernik and Aloisi argue that judges are motivated by a concern for human rights protection and the legacy of international criminal justice. They have progressively expanded the reach of international law to protect human rights and have used the power of their own words to condemn human rights atrocities. Judges have sentenced the guilty to lengthy and predictable terms in prison to provide justice, deterrence of future violations and even to advance peace and reconciliation. On judgment day, we show that judges have sought to enhance the power of international justice.

This book demonstrates how, after many years of inactivity after the World War II tribunals, judges at the Yugoslav, Rwanda and Sierra Leone tribunals, and to a lesser extent the International Criminal Court, have seized the opportunity to develop international law on war crimes, crimes against humanity and genocide. Meernik and Aloisi argue that judges are motivated by a concern for human rights protection and the legacy of international criminal justice. They have progressively expanded the reach of international law to protect human rights and have used the power of their own words to condemn human rights atrocities. Judges have sentenced the guilty to lengthy and predictable terms in prison to provide justice, deterrence of future violations and even to advance peace and reconciliation. On judgment day, we show that judges have sought to enhance the power of international justice.

Nine to Five provides a lively and accessible introduction to the laws and policies regulating sex, sexuality, and gender identity in the American workplace. Contemporary cases and events reveal the breadth and persistence of sexism and gender stereotyping. Through a series of essays organized around sex discrimination, sexual harassment, pregnancy discrimination, and pay equity, the book highlights legal rules and doctrines that privilege men over women and masculinity over femininity. In understanding the law - what it forbids, what it allows, and to what it turns a blind eye - we see why it is far too soon to declare the triumph of working women's equality. Despite significant gains for women, gender continues to define the work experience in both predictable and surprising ways. A witty and engaging guide to the legal terrain, Nine to Five also proposes solutions to the many obstacles that remain on the path to equality.

Nine to Five provides a lively and accessible introduction to the laws and policies regulating sex, sexuality, and gender identity in the American workplace. Contemporary cases and events reveal the breadth and persistence of sexism and gender stereotyping. Through a series of essays organized around sex discrimination, sexual harassment, pregnancy discrimination, and pay equity, the book highlights legal rules and doctrines that privilege men over women and masculinity over femininity. In understanding the law - what it forbids, what it allows, and to what it turns a blind eye - we see why it is far too soon to declare the triumph of working women's equality. Despite significant gains for women, gender continues to define the work experience in both predictable and surprising ways. A witty and engaging guide to the legal terrain, Nine to Five also proposes solutions to the many obstacles that remain on the path to equality.

Tobacco, alcohol and gambling corporations have been highly effective in stalling, diverting and blocking public health measures. This book provides an original and engaging exposé of the ethical issues faced by people and organizations when they accept industry money in ways that facilitate corporate influence with the public and with policy makers. It starts with a detailed examination of the risks of accepting such profits and what might be done to reduce them, then moves on to introduce the concept of a continuum of 'moral jeopardy' which shifts the emphasis from accept/not accept binaries to a focus on the extent to which people are willing to accept funding. This shift encourages people to think and speak more about the risks and to develop clearer positions for themselves. The content will be helpful to those working in government agencies, addiction services, community organizations or anyone interested in reducing the harms of addictive consumption.

From the torture of detainees at Abu Ghraib to unnecessary military attacks on civilians, this book is an account of the violations of international criminal law committed during the United States invasion of Iraq. Taking stock of the entire war, it uniquely documents the overestimation of the successes and underestimation of the failings of the Surge and Awakening policies. The authors show how an initial cynical framing of the American war led to the creation of a new Shia-dominated Iraq state, which in turn provoked powerful feelings of legal cynicism among Iraqis, especially the Sunni. The predictable result was a resilient Sunni insurgency that re-emerged in the violent aftermath of the 2011 withdrawal. Examining more than a decade of evidence, this book makes a powerful case that the American war in Iraq constituted a criminal war of aggression.

From the torture of detainees at Abu Ghraib to unnecessary military attacks on civilians, this book is an account of the violations of international criminal law committed during the United States invasion of Iraq. Taking stock of the entire war, it uniquely documents the overestimation of the successes and underestimation of the failings of the Surge and Awakening policies. The authors show how an initial cynical framing of the American war led to the creation of a new Shia-dominated Iraq state, which in turn provoked powerful feelings of legal cynicism among Iraqis, especially the Sunni. The predictable result was a resilient Sunni insurgency that re-emerged in the violent aftermath of the 2011 withdrawal. Examining more than a decade of evidence, this book makes a powerful case that the American war in Iraq constituted a criminal war of aggression.

Charles Dickens is famous for his deathbed scenes, but these have rarely been examined within the context of his ambivalence towards the Victorian commodification of death. Dickens repeatedly criticised ostentatious funeral and mourning customs, and asserted the harmful consequences of treating the corpse as an object of speculation rather than sympathy. At the same time, he was fascinated by those who made a living from death and recognised that his authorial profits implicated him in the same trade. This book explores how Dickens turned mortality into the stuff of life and art as he navigated a thriving culture of death-based consumption. It surveys the diverse ways in which death became a business, from body-snatching, undertaking, and joint-stock cemetery companies, to the telling and selling of stories. This broad study offers fresh perspectives on death in The Old Curiosity Shop and Our Mutual Friend, and discusses lesser-known works and textual illustrations.

This book provides a comprehensive defense of third-world sweatshops. It explains how these sweatshops provide the best available opportunity to workers and how they play an important role in the process of development that eventually leads to better wages and working conditions. Using economic theory, the author argues that much of what the anti-sweatshop movement has agitated for would actually harm the very workers they intend to help by creating less desirable alternatives and undermining the process of development. Nowhere does this book put 'profits' or 'economic efficiency' above people. Improving the welfare of poorer citizens of third world countries is the goal, and the book explores which methods best achieve that goal. Out of Poverty will help readers understand how activists and policy makers can help third world workers.

This book provides a comprehensive defense of third-world sweatshops. It explains how these sweatshops provide the best available opportunity to workers and how they play an important role in the process of development that eventually leads to better wages and working conditions. Using economic theory, the author argues that much of what the anti-sweatshop movement has agitated for would actually harm the very workers they intend to help by creating less desirable alternatives and undermining the process of development. Nowhere does this book put 'profits' or 'economic efficiency' above people. Improving the welfare of poorer citizens of third world countries is the goal, and the book explores which methods best achieve that goal. Out of Poverty will help readers understand how activists and policy makers can help third world workers.

Building computers that can be used to design embedded real-time systems is the subject of this title. Real-time embedded software requires increasingly higher performances. The authors therefore cons

Physiocrats believed that wealth came exclusively from the land, that nature was fecund and man could harness its reproductive forces. Capital investments in agriculture and hard work would create profits that circulated to other sectors and supported all social institutions. Physiocracy, which originated in late eighteenth-century France, is therefore widely considered a forerunner of modern economic theory. This book places the Physiocrats in context by inscribing economic theory within broader Enlightenment culture. Liana Vardi discusses three theorists - Francois Quesnay; Victor Riquetti, marquis de Mirabeau; and Pierre Samuel Du Pont de Nemours - and shows how their understanding of mental processes, science, politics and the arts influenced their individual approach to economic writing. The difficulty in explaining the doctrine, combined with the expectation that the public would be persuaded by its arguments, mired physiocracy in endless contradictions. This work offers a framew

This unified guide brings together the underlying principles, and predictable material responses, that connect metals, polymers, brittle solids and energetic materials as they respond to extreme external stresses. Previously disparate scientific principles, concepts and terminology are combined within a single theoretical framework, across different materials and scales, to provide all the tools necessary to understand, and calculate, the responses of materials and structures to extreme static and dynamic loading. Real-world examples illustrate how material behaviours produce a component response, enabling recognition – and avoidance – of the deformation mechanisms that contribute to mechanical failure. A final synoptic chapter presents a case study of extreme conditions brought about by the infamous Chicxulub impact event. Bringing together simple concepts from diverse fields into a single, accessible, rigorous text, this is an indispensable reference for all researchers and practitio

Toys - from teddy bears to Barbie dolls to train sets - define our image of childhood innocence. But the truth is that toys represent a $21 billion a year industry, and with so much money at stake, the toy business is anything but child''s play.In The Real Toy Story, investigative journalist Eric Clark exposes the startling truths behind Britain''s favourite toys. Drawing on interviews with over 200 industry insiders, Clark names and shames the corporations spending millions on research into the best way to manipulate their target audience while manufacturing products in China under virtual slave labour conditions.In a world of cut-throat competition and cold-blooded marketing, toy companies are increasingly willing to sacrifice our children in the rush for profits. And as more children forsake cuddly play things for Ipods and cell phones, companies are using even more extreme tactics- unashamedly using sex and violence to sell dolls and action men to children as young as three - to ma

This book provides a thorough grounding in the science and economics of climate policy issues and draws key lessons from the longer experiences of central banks in grappling with related challenges. Findings and controversies of climate history and the effects of human activities on climate are reviewed. The author describes similarities in risk management approaches for climate and monetary policy. Overall goals and frameworks for addressing climate change risks are assessed. Command-and-control and market-based options are compared (including performance standards, taxes and cap-and-trade). Market-based approaches sometimes require a choice between prices and quantities as policy instruments. However, the author discusses how techniques of central bank interest rate management can be adapted in a hybrid climate policy approach to achieve environmental goals while making carbon prices predictable and also ensuring well-functioning carbon markets. Key lessons are offered for improving

Is the food we eat safe? Andrew Hastings thought so. But after watching several of his co-workers die, he's not sure of anything anymore.Desperate to climb the corporate ladder, Andrew works tirelessl

The increasing importance of corporate social responsibility (CSR) means that companies must consider multi-stakeholder interests as well as the social, political, economic, environmental and developmental impact of their actions. However, the pursuit of profits by multinational corporations has led to a series of questionable corporate actions and the consequences of such practices are particularly evident in developing countries. Adefolake O. Adeyeye explores how CSR has evolved to aid the anti-corruption campaign. By examining voluntary rules applicable for curbing corruption, particularly bribery and analysing the domestic and extra-territorial laws of Nigeria, the United Kingdom and the United States for holding corporations liable for bribery, she assesses the adequacy of international law's approach towards corporate liability for bribery and explores direct corporate responsibility for international corruption. The roles of corporate governance, global governance and civil liab

Maria Eliza Rundell (1745–1828) was a phenomenally successful cookery writer. Originally compiled for her daughters, the first edition of this work was published in 1806, with improved and illustrated editions following regularly. It became one of publisher John Murray's chief assets, but after legal disputes between author and publisher over the profits, Rundell transferred the work to Longman in 1821; by 1849 it had reached its 73rd edition. The 1827 edition is reissued here. The book was the first manual of household management which aimed at completeness, including advice on servants, shopping with economy and attention to seasonal food, hygiene, and nutrition for children and invalids. It was much imitated, although apparently not used as a source by Mrs Beeton. It is surprisingly cosmopolitan, including French, German, Turkish and Indian recipes, and is a fascinating source for social historians on standards of living and fashions in food and entertaining.

Physiocrats believed that wealth came exclusively from the land, that nature was fecund and man could harness its reproductive forces. Capital investments in agriculture and hard work would create profits that circulated to other sectors and supported all social institutions. Physiocracy, which originated in late eighteenth-century France, is therefore widely considered a forerunner of modern economic theory. This book places the Physiocrats in context by inscribing economic theory within broader Enlightenment culture. Liana Vardi discusses three theorists - Francois Quesnay; Victor Riquetti, marquis de Mirabeau; and Pierre Samuel Du Pont de Nemours - and shows how their understanding of mental processes, science, politics and the arts influenced their individual approach to economic writing. The difficulty in explaining the doctrine, combined with the expectation that the public would be persuaded by its arguments, mired physiocracy in endless contradictions. This work offers a framew

Social Security is in jeopardy, private pension systems have fallen apart, and workers are trying to save on their own for retirement with the stock market in the worst shape since the Great Depressio

This book provides a thorough grounding in the science and economics of climate policy issues and draws key lessons from the longer experiences of central banks in grappling with related challenges. Findings and controversies of climate history and the effects of human activities on climate are reviewed. The author describes similarities in risk management approaches for climate and monetary policy. Overall goals and frameworks for addressing climate change risks are assessed. Command-and-control and market-based options are compared (including performance standards, taxes and cap-and-trade). Market-based approaches sometimes require a choice between prices and quantities as policy instruments. However, the author discusses how techniques of central bank interest rate management can be adapted in a hybrid climate policy approach to achieve environmental goals while making carbon prices predictable and also ensuring well-functioning carbon markets. Key lessons are offered for improving

Volume V of The Agrarian History of England and Wales was first published in 1984. It was the first detailed study of agriculture and agricultural change in the period 1640 to 1750. It is the work of nineteen specialist scholars who have used original archives in local record offices throughout the kingdom, as well as central records. The volume examines the special economic and social circumstances of these years, and the changing price relationships in agricultural produce. It traces consequent changes in farm profits; the diversification of agriculture; the development of more regional specialisation and horticulture; the development of agricultural policy; the responses of landowners as estate managers and farmers; the elaboration of marketing facilities and of channels of communication for advertising new ways in farming. A richly illustrated account is given of building developments and an appendix contains annual and decennial price and wage increases.

This book revolves around one central question: do political dynamics have a systematic and predictable influence on distributional outcomes in the United States? The answer is a resounding yes. Utilizing data from mass income surveys, elite surveys and aggregate time series, as well as theoretical insights from both American and comparative politics, Kelly shows that income inequality is a fundamental part of the US macro political system. Shifts in public opinion, party control of government and the ideological direction of policy all have important consequences for distributional outcomes. Specifically, shifts to the left produce reductions in inequality through two mechanisms - explicit redistribution and market conditioning. Whereas many previous studies focus only on the distributional impact of redistribution, this book shows that such a narrow strategy is misguided. In fact, market mechanisms matter far more than traditional redistribution in translating macro political shifts

A brand new edition of the classic bestseller.The goal of all investors is to make the maximum possible profit from their investments. 'Beyond The Zulu Principle' shows you how to do this by focusing on growth shares. Jim Slater believes he has discovered a major market anomaly that should enable both private and institutional investors to enjoy exceptional returns in the stockmarket. A number of important factors are crucial to successful investment. Jim Slater explains how to choose a company operating in the right sector with an advantage over its competitors. He also highlights the importance of directors' dealings, CEO changes, relative strength, cash flow accelerating earnings, and the capacity of some companies to clone their activities. Simple but enormously effective, the guidance offered here should help readers to make stockmarket profits well beyond the market averages.

Each verb in natural language is associated with a set of arguments, which are not systematically predictable from the verb's meaning and are realized syntactically as the projected sentence's subject, direct object, etc. Babby puts forward the theory that this set of arguments (the verb's 'argument structure') has a universal hierarchical composition which directly determines the sentence's case and grammatical relations. The structure is uniform across language families and types, and this theory is supported by the fact that the core grammatical relations within simple sentences of all human languages are essentially identical. Babby determines and empirically justifies the rigid hierarchical organization of argument structure on which this theory rests. The book uses examples taken primarily from Russian, a language whose complex inflectional system, free word order, and lack of obligatory determiners make it the typological polar opposite of English.

This book examines the social impact of intellectual property laws. It addresses issues and trends relating to health, food security, education, new technologies, preservation of bio-cultural heritage and contemporary challenges in promoting the arts. It explores how intellectual property frameworks could be better calibrated to meet socio-economic needs in countries at different stages of development, with local contexts and culture in mind. A resource for policy-makers, stakeholders, non-profits and students, this volume furthermore highlights alternative modes of innovation that are emerging to address such diverse challenges as neglected or resurgent diseases in developing countries and the harnessing of creative possibilities on the Internet. The collected essays emphasize not only fair access by individuals and communities to intellectual property – protected material, whether a cure, a crop variety, clean technology, a textbook or a tune – but also the enhancement of their own c

This book examines the social impact of intellectual property laws. It addresses issues and trends relating to health, food security, education, new technologies, preservation of bio-cultural heritage and contemporary challenges in promoting the arts. It explores how intellectual property frameworks could be better calibrated to meet socio-economic needs in countries at different stages of development, with local contexts and culture in mind. A resource for policy-makers, stakeholders, non-profits and students, this volume furthermore highlights alternative modes of innovation that are emerging to address such diverse challenges as neglected or resurgent diseases in developing countries and the harnessing of creative possibilities on the Internet. The collected essays emphasize not only fair access by individuals and communities to intellectual property – protected material, whether a cure, a crop variety, clean technology, a textbook or a tune – but also the enhancement of their own c

The essays in this volume examine the theoretical and policy issues associated with international capital flows and exchange rates for emerging markets in the Pacific Basin region. Emerging market countries in both Asia and Latin America offer a wide variety of examples for the comparative study of the implications of international capital flow surges and appropriate policy responses. The essays address four broad issues. First, they investigate the determinants of international capital flows, particularly the relative role of domestic and external factors in driving capital flows. Second, they inquire how predictable and contagious capital flow reversals and exchange rate crises are. Third, they explore what the domestic economic effects of capital inflows on emerging economies have been, and finally seek to suggest what are the appropriate responses by policymakers to capital inflow surges.

The Naval Chronicle, published in 40 volumes between 1799 and 1818, is a key source for British maritime and military history. This reissue is the first complete printed reproduction of what was the most influential maritime publication of its day. The subjects covered range from accounts of battles and lists of ships to notices of promotions and marriages, courts martial and deaths, and biographies, poetry and letters. Each volume also contains engravings and charts relating to naval engagements and important harbours around the world. Volume 10 (1803) shows a Navy stretched for resources after the end of the Peace of Amiens. Large numbers of ships were being captured or lost, and the Admiralty was investigating financial irregularities among suppliers where profits were high. Close watch was maintained on French affairs and propaganda. This volume also reports on the link between scurvy and diet and plans for coastal defences in Britain.

Originally published in 1992, this book provides a detailed analysis of the economics of the Soviet urban household sector during the 1970s. It contains eight studies covering the size and distribution of incomes and wealth, the incidence and causes of poverty, the labour supply of women, division of labour among household members, and saving behaviour. Ofer and Vinokur conclude that socialist achievements in the sphere of economic equality were rather modest. They also show that, even under the peculiar conditions imposed on Soviet households by the socialist system, they responded to economic constraints in a way that is predictable by ordinary Western-type models of household behaviour. It will be an invaluable reference source for specialists of Soviet studies, comparative economics, income distribution and women's studies as well as for government officials and journalists.