Daniel J. Smith – författare
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4 produkter
4 produkter
239 kr
Skickas inom 7-10 vardagar
Public pensions in the United States face an impending funding crisis in the wake of the financial crisis and the COVID-19 recession. Many cities and states will struggle to meet these growing obligations without major cuts in government services, reneging on pension promises, or raising taxes. This Element examines the development of the pension crisis through the lens of political economy. We analyze the knowledge and incentive problems inherent in the institutional structure, governance, and accounting of public pensions. We conclude by offering several institutional, governance, and reporting reforms to address the pension funding crisis.
Money and the Rule of Law
Generality and Predictability in Monetary Institutions
Inbunden, Engelska, 2021
1 410 kr
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Contemporary monetary institutions are flawed at a foundational level. The reigning paradigm in monetary policy holds up constrained discretion as the preferred operating framework for central banks. But no matter how smart or well-intentioned are central bankers, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. Furthermore, central bank discretion implicitly violates the basic jurisprudential norms of liberal democracy. Drawing on a wide body of scholarship, this volume presents a novel argument in favor of embedding monetary institutions into a rule of law framework. The authors argue for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. A rule of law approach to monetary policy would remedy the flaws that resulted in misguided monetary responses to the 2007-8 financial crisis and the COVID-19 pandemic. Understanding the case for true monetary rules is the first step toward creating more stable monetary institutions.
Money and the Rule of Law
Generality and Predictability in Monetary Institutions
Häftad, Engelska, 2021
446 kr
Skickas inom 7-10 vardagar
Contemporary monetary institutions are flawed at a foundational level. The reigning paradigm in monetary policy holds up constrained discretion as the preferred operating framework for central banks. But no matter how smart or well-intentioned are central bankers, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. Furthermore, central bank discretion implicitly violates the basic jurisprudential norms of liberal democracy. Drawing on a wide body of scholarship, this volume presents a novel argument in favor of embedding monetary institutions into a rule of law framework. The authors argue for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. A rule of law approach to monetary policy would remedy the flaws that resulted in misguided monetary responses to the 2007-8 financial crisis and the COVID-19 pandemic. Understanding the case for true monetary rules is the first step toward creating more stable monetary institutions.
1 416 kr
Skickas inom 5-8 vardagar
Winner of the IENE Project Award 2016.This authoritative volume brings together some of the world’s leading researchers, academics, practitioners and transportation agency personnel to present the current status of the ecological sustainability of the linear infrastructure – primarily road, rail and utility easements – that dissect and fragment landscapes globally. It outlines the potential impacts, demonstrates how this infrastructure is being improved, and how broad ecological principles are applied to mitigate the impact of road networks on wildlife. Research and monitoring is an important aspect of road ecology, encompassing all phases of a transportation project. This book covers research and monitoring to span the entire project continuum – starting with planning and design, through construction and into maintenance and management. It focuses on impacts and solutions for species groups and specific regions, with particular emphasis on the unique challenges facing Asia, South America and Africa.Other key features: Contributions from authors originating from over 25 countries, including from all continentsEach chapter summarizes important lessons, and includes lists of further reading and thoroughly up to date referencesHighlights principles that address key points relevant to all phases in all road projectsExplains best-practices based on a number of successful international case studiesChapters are "stand-alone", but they also build upon and complement each other; extensive cross-referencing directs the reader to relevant material elsewhere in the bookHandbook of Road Ecology offers a comprehensive summary of approximately 30 years of global efforts to quantify the impacts of roads and traffic and implement effective mitigation. As such, it is essential reading for those involved in the planning, design, assessment and construction of new roads; the management and maintenance of existing roads; and the modifying or retrofitting of existing roads and problem locations. This handbook is an accessible resource for both developed and developing countries, including government transportation agencies, Government environmental/conservation agencies, NGOs, and road funding and donor organisations.