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Antitrust or competition law is widely considered an essential part of the legal and political structures of most liberal democracies and an integral foundation of a market economy. In this book, Mark D. White disputes this understanding, drawing on concepts from economics, philosophy, and law to argue that the pre-eminent status accorded to the regulation of competition should be reconsidered by any government that claims to support basic property rights.
Despite its populist origins, antitrust is usually understood today in terms of economic theory, which provides a solid foundation for the analysis of market competition. As this logic goes, governments restrict firms from engaging in behaviour regarded as uncompetitive, with the purpose of protecting consumers, other firms, or the very process of competition itself. However, this neglects the fundamental property rights on which the market economy is based, an unfortunate implication of the utilitarian ethics at the heart of economics. Firms are held responsible for promoting societal welfare and penalized for failing to do so, even when their actions violate no recognized rights of consumers or competitors. This view of commerce sees firms as agents of the state rather than opportunities for individuals to pursue their interests in exchange with others. As White explains, competition or antitrust law serves as an example of how economics privileges welfare and efficiency over rights and justice, promoting the maximization of outcomes while ignoring the rights of those who generate them.
The term 'Heimat', referring to a local sense of home and belonging, has been the subject of much scholarly and popular debate following the fall of the Third Reich. Countering the persistent myth that Heimat was a taboo and unusable term immediately after 1945, Geographies of Renewal uncovers overlooked efforts in the aftermath of the Second World War to conceive of Heimat in more democratic, inclusive, and pro-European modes. It revises persistent misconceptions of Heimat as either tainted or as a largely reactionary idea, revealing some surprisingly early identifications between home and democracy. Jeremy DeWaal further traces the history of efforts to eliminate the concept, which first emerged during the Cold War crisis of the early 1960s and reassesses why so many on the political left sought to re-engage with Heimat in the 1970s and 1980s. This revisionist history intervenes in larger contemporary debates, asking compelling questions surrounding the role of the local, the value of community, and the politics of place attachments.
Starting in the late nineteenth century, unusual pictographic books began to flow from a remote corner of Southwest China into the libraries of the Western world. What made these books so attractive? For one, they possessed the air of mystery that came with being 'magical' books almost indecipherable to all but a select few ritual specialists, but perhaps more importantly, they were written in what looked like an ancient form of picture writing.
In these books, written in the Naxi dongba script of southwest China, the events unfold on the page visually. This book offers a full translation of a central Naxi origin myth in a level of detail never before seen: readers are invited to delve into this unique script in both its original form and digital recreation, alongside historic and updated translations and an accompanying explanation of each individual graph.
This book offers the reformist perspective of one of the most persistent and outspoken constitutional reformers in China. Through the analysis of landmark constitutional events in China since the late nineteenth century, it reveals the fatal dilemma faced by constitutional reform and the deadly dangers of any violent revolution that arises out of the frustration with the repeated failures of reform. Although there is no easy way out of such a predicament, the book analyzes available resources in the existing system and suggests possible strategies that might bring success to future constitutional reforms.
Brownian motion is an important topic in various applied fields where the analysis of random events is necessary. Introducing Brownian motion from a statistical viewpoint, this detailed text examines the distribution of quadratic plus linear or bilinear functionals of Brownian motion and demonstrates the utility of this approach for time series analysis. It also offers the first comprehensive guide on deriving the Fredholm determinant and the resolvent associated with such statistics. Presuming only a familiarity with standard statistical theory and the basics of stochastic processes, this book brings together a set of important statistical tools in one accessible resource for researchers and graduate students. Readers also benefit from online appendices, which provide probability density graphs and solutions to the chapter problems.
Combining feminist, materialist, and comparatist approaches, this study examines how French and British women writers working at a transformative time for European literature connected vibrantly to objects as diverse as statues, monuments, diamonds, and hats. In such connections, they manifested their own (often forbidden) embodiment and asserted their élan vital. Interweaving texts by Edgeworth, Staël, Bernardin, Wordsworth, Smith, and Burney, Jillian Heydt-Stevenson posits the concept of belonging with, a generative, embodied experience of the nonhuman that foregrounds the interdependence among things, women, social systems, and justice. Exploring the benefits such embodied experiences offer, this book uncovers an ethical materialism in literature and illuminates how women characters who draw on things can secure rights that laws neither stipulate nor safeguard. In doing so, they-and their texts-transcend dualistic thinking to create positive ecological, personal, and political outcomes. This title is also available as Open Access on Cambridge Core.
In the first detailed examination of Britain's transition to paper currency, Hiroki Shin explores how state, nation and community each played their respective role in its introduction. By examining archival materials and personal accounts, Shin's work sheds fresh light on societal, institutional, communal and individual responses to the transformation. The dominance of communal currency during the Bank Restriction period (1797–1821) demonstrates how paper currency derived its value from the community of users rather than the state or the intrinsic value of precious metal. Shin traces the expanded use of the Bank of England note – both geographically and socially – in this period, revealing the economic and social factors that accelerated this shift and the cultural manifestations of the paper-based monetary regime, from everyday politics to bank-note forgeries. This book serves as an essential resource for those interested in understanding the modern monetary system's historical origins.
Contesting Pluralism(s) challenges a widespread tendency to limit studies of Turkish – and Muslim – politics to 'Islamist vs. secularist' or 'Islam vs. democracy' debates. Instead, Nora Fisher-Onar's innovative argument centers on coalitions for and against pluralism. Retelling Turkey's story from the late Ottoman Empire to the present as a tale of pluralizing vs. anti-pluralist coalitions, this book offers an alternative explanation for major outcomes from elections and coup d'etats to revolutions. Here, cross-camp alliances pit those who are willing to coexist with 'Other(s)' against those who champion a unitary, national project in which everyone speaks, believes, looks, and loves as they do. Drawing on a rich array of primary and secondary data, Fisher-Onar introduces an analytical framework for capturing causal complexity in political contestation. This study rejects Orientalist exceptionalism, rereading the relationship between political religion, pluralism, and populism via a framework that travels across and beyond the Muslim-majority world.
Youth, Pentecostalism, and Popular Music in Rwanda offers fascinating insight into the lived experiences of young people in Rwanda through ethnographic analysis of the ambiguities and ambivalences that have accompanied the country's rapid post-genocide development. Andrea Mariko Grant considers how Pentecostalism and popular music offer urban young people ways to craft themselves and their futures; to imagine alternative ways to 'be' Rwandan and inhabit the city in the post-genocide era. Exploring the idiom of the heart – and efforts to transform it – this book offers a richly nuanced perspective of urban young people's everyday lives, their aspirations and disappointments, at a political moment of both great promise and great constraint. Rather than insist on a resistance-dominance binary, Grant foregrounds the possibilities of agency available to young people, their ability to make 'noise', even when it may lead to devastating consequences.
Cities are seen as essentially 'good': innovative, pro-growth, poverty-reducing. In a challenging corrective to this common portrayal, Christof Parnreiter argues that the same urban properties which make cities so extraordinarily proficient at producing the 'good' innovations - agglomeration economies, network externalities and a massive built environment - also provides fertile ground for the development of the 'bad' ones, on which urban elites have syphoned off wealth from other localities and regions.
The book scrutinizes the interconnections between wealth creation and poverty generation by putting cities centre stage as a fundamental explanatory category for understanding how the wealth of nations is produced as well as for grasping how the poverty of nations is created. It seeks to correct the developmentalist enthusiasm, commonplace in urban and regional studies, for cities' efficiency, which has displaced interest in cities' role in uneven development.
Fragile Empire reinterprets the rise of slavery in the early English tropics through an innovative geographic framework. It examines slavery at English sites in tropical zones across the Atlantic and Indian oceans, and argues that a variety of factors – epidemiology, slave majorities, European rivalries, and the power of indigenous polities – made the seventeenth-century English tropical empire particularly fragile, creating a model of empire in the tropics that was distinct from other English colonizations. English people across the tropics were outnumbered by their slaves. English slavery was forged in the tropics and it was increasingly marked by its permanence, inflexibility, and brutality. Early English societies were not the inevitable precursor to British imperial dominance, instead they were wrought with internal vulnerabilities and external threats from European and non-European competitors. Based on thorough archival research, Justin Roberts' important new study redefines our understanding of slavery and bound labor from a global perspective.
How did the pre-modern Islamic intellectual tradition conceptualize, produce, and disseminate scientific knowledge? What can we learn about pre-modern Islamic civilizations from the way they examined and studied the universe? In answering these fundamental questions, Mohammad Sadegh Ansari provides a unique perspective for the study of both musicology and intellectual history. Widely considered to be an art today,music in the medieval Islamic world was categorized as one of the four branches of the mathematical sciences, alongside arithmetic, geometry, and astronomy; indeed, some philosophers and scholars of music went as far as linking music with medicine and astrology as part of an interconnected web of cosmological knowledge. This innovative book raises fascinating questions about how designating music a 'science rather than an 'art' impacts our understanding of truth, and reconstructs a richly holistic medieval system of knowledge in the process.
Radically rethinking translation for the contemporary international stage, Jean Graham-Jones interrogates standard linguistic and cultural categories and proposes an overhaul of the translation process itself, incorporating dramaturgical logic and staging, actor training and performance styles, gesture and embodiment, and performance aesthetics and reception. She demonstrates how a theory of translationality – in which translations do not erase the original but rather stand in relation to it and to other texts and performances – encapsulates the collaborative process between contemporary translators and theatre artists. Presenting multiple experiential cases and drawing on Graham-Jones's own career as a translator, actor, director and scholar working in Argentina, the US, and the UK, this richly interdisciplinary work extends a traditional understanding of contemporary performance translation and its potential in theatrical practice.
From the perspective of an investor, digital assets are an alternative class of assets. They have several features that differentiate them from traditional investments. This makes them well-suited for a diversified portfolio. The question is how to accommodate them in such a portfolio, how to manage their potential and risk, and how to evaluate them. This short book explains how to include digital assets is a diversified portfolio. It focuses on their differentiating use cases, their idiosyncracies, and how they relate to other types of investment. This is a volume for practitioners and students in finance, asset management, or portfolio construction.
The role that nurseries play in supplementing family care is an important subject - but in the UK, there is currently little consensus about what nurseries should provide, how they should be run, and who should pay for them. In this book, Helen Penn asks: is there a more considered way ahead?
Exploring a variety of perspectives on London during the long eighteenth century, this study considers how walking made possible the various surveys and tours that characterized accounts of the capital. O'Byrne examines how walking in the city's streets and promenades provided subject matter for writers and artists. Engaging with a wide range of material, the book ranges across and investigates the various early eighteenth-century works that provided influential models for representing the city, descriptions of the promenade in St. James's Park, accounts of London that imagine the needs and interests of tourists, popular surveys of the cheats and frauds of the city uncovered on a ramble through London, and comic explorations of the pleasures and pitfalls of urban living produced in the late eighteenth and early nineteenth century. Convincing and engaging, O'Byrne demonstrates the fundamental role played by walking in shaping representations of the eighteenth- and early nineteenth-century city.
On the basis of recently discovered sources and original research, this book identifies and analyses three story-patterns associated with human kingship in early Greek and ancient Near Eastern myth. The first of these, the 'Myth of the Servant', was used to explain how an individual of non-royal lineage rose to power from obscure origins. The second myth, on the 'Goddess and the Herdsman', made the fundamental claim that the ruler engaged in a sexual relationship with a powerful female deity. Third, although kings are often central to the ancient literary evidence, the texts themselves were usually authored by others, such as poets, priests, prophets or scholars; like kings, these characters similarly tended to base their authority on their ability to articulate and enact the divine will. The stage was thus set for narratives of conflict between kings and other intermediaries of the gods.
This Element concerns the civic value of contemplation in Plato and Aristotle: how does intellectual contemplation contribute to the happiness of the ideal state? The texts discussed include the Republic, the Nicomachean Ethics and the Politics, works in which contemplation is viewed from a political angle. The Element concludes that in the Republic contemplation has purely instrumental value, whereas in the Politics and Nicomachean Ethics it has purely intrinsic value. To do justice to the complexity of the issues involved, the author addresses a broader question about the nature of civic happiness: whether it is merely the aggregate of individual happiness or an organic quality that arises from the structure of the state. Answering this question has implications for how contemplation contributes to civic happiness. The Element also discusses how many citizens Plato and Aristotle expected to be engaged in contemplation in the ideal state.
This Element focuses on extensive reading (ER), a language learning and teaching approach that encourages language learners to read a large amount of interesting and level-appropriate reading materials. Extensive reading has been adopted across educational spectrums, including higher, secondary, and elementary levels, and implemented in diverse language contexts such as English, Chinese, Italian, Spanish, and French. The primary objective of this Element is to offer comprehensive insights into the theoretical foundations of ER, analyze its multifaceted benefits to language learning, address the challenges encountered in its implementation, and propose effective strategies drawn from research for these challenges. The Element concludes with an overview of the latest trends and developments in ER.
This Element will provide an essential tracing of selected Greek views of the afterlife which engage in dynamic tension with the Christian understanding of Paradise as fulfilled in the Resurrected state. The main three sections in this Element are Ideas of the Afterlife in the Greek Tragedians; Plato: The Difficulty of Paradise; and Holiness and Violence: A Christian View of the Resurrected State. The imposition of justice and the expiation of guilt through suffering are necessary prerequisites to our approach to the relationship between Monotheism and Paradise. Additional discussions will focus on weak theology and of a God not transcendent enough to ensure the desire for Heaven. As such, the sections are organized to isolate and trace this thread.