Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we have not had any satisfactory answers to these questions. Public Debt, Inequality, and Power is the first comprehensive historical analysis of public debt ownership in the United States. It reveals that ownership of federal bonds has been increasingly concentrated in the hands of the 1 percent over the past three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten.“These days, the topic of America’s debt stirs heated political debate. But one of the most important facts in this discussion has hitherto been obscured: who actually owns that debt inside America? Hager has done some fascinating and pathbreakingresearch to answer that question and concluded that the ownership pattern is surprisingly concentrated—and unequal—and that this may have implications for how the entire debt debate develops in the coming years. This is an illuminating work that deserves wide attention.” GILLIAN TETT, Financial Times“The relationship between the ownership structure of government debt and economic inequality—between public finance and the class structure of modern capitalism—is one of several central concerns of political economy that has been almost completely neglected in recent decades. Sandy Brian Hager’s book returns to the subject with theoretical and empirical bravado.” WOLFGANG STREECK, Director Emeritus, Max Planck Institute for the Study of Societies“Money is power, and US Treasury debt is the world’s single largest financial instrument. Hager’s insightful book fills an enormous hole in our knowledge of who owns this debt and how the power flowing from that increasingly concentrated ownership affects US and global politics.” HERMAN M. SCHWARTZ, author of Subprime Nation: American Power, Global Capital, and the Housing BubbleSANDY BRIAN HAGER is Postdoctoral Fellow at the Weatherhead Center for International Affairs at Harvard University. He has published in various journals, including New Political Economy and Socio-Economic Review.
Alan Edward Nourse, an American science fiction author and physician, also writing under the names of Dr. X and Al Edwards, wrote both juvenile and adult science fiction, as well as nonfiction works about medicine and science. Nourse helped pay for his medical education by writing science fiction for magazines and continued after retiring from medicine.
With Umrah Experts' special October Umrah Packages, you may embark on a transformational spiritual trip. This article delves into the expertly prepared packages that provide outstanding accommodations, flawless transportation, expert advice, easy visa procedures, customized itineraries, and amazing Ziyarat tours. Every part of your journey is thoroughly arranged by Umrah Experts, providing a hassle-free and spiritually enlightening experience. Explore the article to learn more about these unique October Umrah Packages and how they may make your solemn journey absolutely unforgettable.
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There is agency in all we do: thinking, doing, or making. We invent a tune, play, or use it to celebrate an occasion. Or we make a conceptual leap and ask more abstract questions about the conditions for agency. They include autonomy and self-appraisal, each contested by arguments immersing us in circumstances we don’t control. But can it be true we that have no personal responsibility for all we think and do? Agency: Moral Identity and Free Will proposes that deliberation, choice, and free will emerged within the evolutionary history of animals with a physical advantage: organisms having cell walls or exoskeletons had an internal space within which to protect themselves from external threats or encounters. This defense was both structural and active: such organisms could ignore intrusions or inhibit risky behavior. Their capacities evolved with time: inhibition became the power to deliberate and choose the manner of one’s responses. Hence the ability of humans and some other animals to determine their reactions to problematic situations or to information that alters values and choices. This is free will as a material power, not as the conclusion to a conceptual argument. Having it makes us morally responsible for much we do. It prefigures moral identity. Closely argued but plainly written, Agency: Moral Identity and Free Will speaks for autonomy and responsibility when both are eclipsed by ideas that embed us in history or tradition. Our sense of moral choice and freedom is accurate. We are not altogether the creatures of our circumstances.
"The following essay was written several years ago; but I have hitherto refrained from publishing it, lest, after having done so, I should find that more mature thought had modified the conclusions which the essay sets forth. Judging, however, that it is now more than ever improbable that I shall myself be able to detect any errors in my reasoning, I feel that it is time to present the latter to the contemplation of other minds. It is desirable further to observe, that the only reason why I publish this edition anonymously is because I feel very strongly that, in matters of the kind with which the present essay deals, opinions and arguments should be allowed to produce the exact degree of influence to which as opinions and arguments they are entitled: they should be permitted to stand upon their own intrinsic merits alone, and quite beyond the shadow of that unfair prejudication which cannot but arise so soon as their author's authority, or absence of authority, becomes known. I have endeavoured in the following analysis to fix the precise standing of the evidence in favour of the theory of Theism, when the latter is viewed in all the flood of light which the progress of modern science--physical and speculative--has shed upon it"--Preface.
Politics, International Relations, Sociology, Asian Studies, Asian Politics and Law, Development, Migration, Ethnicity and Identity, General
Radical ideologies may manifest differently at first, but they do follow a similar logic: truth claims, promises of salvation and a unifying common enemy. In Yemen's transition process today, the secessionist movement Al-Hirak has summoned the spirit of South Yemen, the only Marxist state in Arabia. This book meticulously describes how East Germany supported the implantation of this alien ideology in Yemen through its policy of #on("i")#"Socialist state- and nation-building"#off("i")#. In the same breath, the analysis captures the GDR's activities in the Middle East and their vital role in Moscow's Cold War strategy. Last but least, the study provides one of the few compact overviews of East German foreign policy in the English language of today.
The presented volume aims to carry out a socio-cultural case study focusing on two abandoned Nubian villages in Upper Egypt, which are regarding their formation and abandonment closely connected with the construction of the British Dam south of Aswan and the following floods around 1900. Besides the documentation of architecture and associated find material, the special nature of the research strategy involved a close cooperation with the descendents of the village inhabitants and other Nubians still living in the sourroundings of the affected area.Through the interdisciplinary research strategy and the combination of a variety of methods in the fields of Archaeology, Building research and Social Anthropology, standard interpretations could be reflected upon, questioned and if necessary corrected, wherefore this study makes an important contribution to the discussion of cultural formation processes and their transformation into the archaeological record as well as bringing insights into the debate on context interpretation of material culture.
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