This book is a study of ancient views about 'moral luck'. It examines the fundamental ethical problem that many of the valued constituents of a well-lived life are vulnerable to factors outside a person's control, and asks how this affects our appraisal of persons and their lives. The Greeks made a profound contribution to these questions, yet neither the problems nor the Greek views of them have received the attention they deserve. This book thus recovers a central dimension of Greek thought and addresses major issues in contemporary ethical theory. One of its most original aspects is its interrelated treatment of both literary and philosophical texts. The Fragility of Goodness has proven to be important reading for philosophers and classicists, and its non-technical style makes it accessible to any educated person interested in the difficult problems it tackles. This new edition features an entirely new preface by Martha Nussbaum.

This Companion provides a fresh and comprehensive account of this outstanding work, which remains among the most frequently read works of Greek philosophy and Classical antiquity. Through the sixteen essays, a multidisciplinary team of authors use a variety of interpretive approaches to aid the understanding of a wide-ranging audience.

In this classic study of cultural confrontation Professor Arnaldo Momigliano looks at the attitude of the Greeks to four different civilizations - the Roman, Celtic, Jewish and Persian - and analyses their cultural and intellectual interactions from the fourth to the first centuries BC. He argues that in the Hellenistic period the Greeks, Romans and Jews formed a special exclusive relationship and effectively established what until recent times was the normal horizon of Western civilization.

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The growth of institutional capacity in the developing world has become a central theme in twenty-first-century social science. Many studies have shown that public institutions are an important (some would argue the most important) determinant of long-run rates of economic growth. This book argues that to understand the difficulties and pitfalls of state building in the contemporary world, it is necessary to analyze previous efforts to create institutional capacity in conflictive contexts. It provides a comprehensive analysis of the process of state and nation building in Latin America and Spain from independence to the 1930s. The book examines how Latin American countries and Spain tried to build modern and efficient state institutions for more than a century – without much success. The chapters discuss key processes and challenges of state building. To what extent do historical legacies determine the capacity and reach of states? What are the obstacles to and paths toward the effective consolidation of public authority? How can states best design and create the institutions meant to provide the basic services now associated with citizenship? How can we put together notions of community that include diverse groups and cultures within a single identity, while also respecting the integrity of particular traditions? The Spanish and Latin American experience of the nineteenth century was arguably the first regional stage on which the organizational and political dilemmas that still haunt states were faced. This book provides an unprecedented perspective on the development and contemporary outcome of those state and nation building projects.

In this book, Yasheng Huang makes a provocative claim: the large absorption of foreign direct investment (FDI) by China is a sign of some substantial weaknesses in the Chinese economy. The primary benefits associated with China's FDI inflows are concerned with the privatization functions supplied by foreign firms, venture capital provisions to credit-constrained private entrepreneurs, and promotion of interregional capital mobility. Huang argues that one should ask why domestic firms cannot supply the same functions. China's partial reforms, while successful in increasing the scope of the market, have so far failed to address many allocative inefficiencies in the Chinese economy.

The principal findings of experimental economics are that impersonal exchange in markets converges in repeated interaction to the equilibrium states implied by economic theory, under information conditions far weaker than specified in the theory. In personal, social, and economic exchange, as studied in two-person games, cooperation exceeds the prediction of traditional game theory. This book relates these two findings to field studies and applications and integrates them with the main themes of the Scottish Enlightenment and with the thoughts of F. A. Hayek.
Summary: Unique insights plus an enjoyable read
Rating: 5
I read a lot of books about economics. Until reading Rationality in Economics, I had not read an economics book that gave me precisely what I want: (1) genuine insights on a wide range of important issues, (2) a feel for the key contributions in the academic literature with a minimum of technical detail, and (3) a writing style that explains so much in straightforward language that reading the book becomes a uniquely enjoyable learning experience. So, if you want to share that experience, read Rationality in Economics by the Nobel prize winning economist Vernon Smith. A major theme is the interplay between constructivist rationality (logical thinking) and ecological rationality (selection over time of what works best that results in our cultural and biological heritage). Gaining an appreciation for these two types of rationality illuminates the work of Adam Smith and Friedrich Hayek and also provides a healthy skepticism of "fix the economy" proposals from Washington. Wealth creation through specialization, innovation, and trade that meet existing needs and create new needs is facilitated by markets. Important to understand how markets work, right? Vernon's Nobel prize was awarded for his pioneering contribution to experimental economics that uses laboratory experiments to test hypotheses about how markets function --- the behavior of participants and the institutional rules of the game. This book is a beautiful summary of experimental economics. Along the way, we learn about smart ways to deregulate markets guided by laboratory experiments (what California politicians failed to do when they deregulated a portion of that state's electricity market). We learn how to think about market efficiency and the apparent conflicting view of behavioral anomalies. We learn about how decision making relates to the way in which our brains have evolved (neuroeconomics). Perhaps you have felt uneasy about the widely-touted superiority of Bayesian decision making and related handling of probabilites. The Psychology and Markets chapter contains an elegant explanation of why you should be critical (hint: surprises are important). The Rationality in Science chapter addresses the age-old dilemma of how we know what we think we know. Vernon's answer is an absolute treasure that everyone should read and ponder. These brief highlights give some indication of why Rationality in Economics is the most useful economics book that I have read.

This balanced and comprehensive study presents the theory, methods and applications of matrix analysis in a new theoretical framework, allowing readers to understand second-order and higher-order matrix analysis in a completely new light. Alongside the core subjects in matrix analysis, such as singular value analysis, the solution of matrix equations and eigenanalysis, the author introduces new applications and perspectives that are unique to this book. The very topical subjects of gradient analysis and optimization play a central role here. Also included are subspace analysis, projection analysis and tensor analysis, subjects which are often neglected in other books. Having provided a solid foundation to the subject, the author goes on to place particular emphasis on the many applications matrix analysis has in science and engineering, making this book suitable for scientists, engineers and graduate students alike.

This volume presents a selection of the philosophical papers which Richard Rorty has written over the past decade, and complements three previous volumes of his papers: Objectivity, Relativism, and Truth, Essays on Heidegger and Others, and Truth and Progress. Topics discussed include the changing role of philosophy in Western culture over the course of recent centuries, the role of the imagination in intellectual and moral progress, the notion of ‘moral identity’, the Wittgensteinian claim that the problems of philosophy are linguistic in nature, the irrelevance of cognitive science to philosophy, and the mistaken idea that philosophers should find the ‘place’ of such things as consciousness and moral value in a world of physical particles. The papers form a rich and distinctive collection which will appeal to anyone with a serious interest in philosophy and its relation to culture.

Haskell is one of the leading languages for teaching functional programming, enabling students to write simpler and cleaner code, and to learn how to structure and reason about programs. This introduction is ideal for beginners: it requires no previous programming experience and all concepts are explained from first principles via carefully chosen examples. Each chapter includes exercises that range from the straightforward to extended projects, plus suggestions for further reading on more advanced topics. The author is a leading Haskell researcher and instructor, well-known for his teaching skills. The presentation is clear and simple, and benefits from having been refined and class-tested over several years. The result is a text that can be used with courses, or for self-learning. Features include freely accessible Powerpoint slides for each chapter, solutions to exercises and examination questions (with solutions) available to instructors, and a downloadable code that's fully compliant with the latest Haskell release.

This book examines a key question of modern Japanese politics: why the Meiji oligarchs were unable to design institutions capable of protecting their power. The authors question why the oligarchs chose the political institutions they did, and what the consequences of those choices were for Japan's political competition, economic development, and diplomatic relations. Indeed, they argue, it was the oligarchs' very inability to agree among themselves on how to rule that prompted them to cut the military loose from civilian control--a decision that was to have disastrous consequences not only for Japan but for the rest of the world.

Einstein's General Theory of Relativity leads to two remarkable predictions: first, that the ultimate destiny of many massive stars is to undergo gravitational collapse and to disappear from view, leaving behind a 'black hole' in space; and secondly, that there will exist singularities in space-time itself. These singularities are places where space-time begins or ends, and the presently known laws of physics break down. They will occur inside black holes, and in the past are what might be construed as the beginning of the universe. To show how these predictions arise, the authors discuss the General Theory of Relativity in the large. Starting with a precise formulation of the theory and an account of the necessary background of differential geometry, the significance of space-time curvature is discussed and the global properties of a number of exact solutions of Einstein's field equations are examined. The theory of the causal structure of a general space-time is developed, and is used to study black holes and to prove a number of theorems establishing the inevitability of singualarities under certain conditions. A discussion of the Cauchy problem for General Relativity is also included in this 1973 book.

This is a landmark book on the impact of property rights on European economic development. Published over a quarter of a century ago, its stated goal is "... to suggest new paths for the study of European economic history rather than ... either [a detailed and exhaustive study or a precise empirical test that are the] ... standard formats" (p. vii). North and Thomas attempt to identify the elements that allowed the Western European economy to rise to affluence. Their argument is made transparent in Chapter One (Theory and Overview): the key to growth was and is an efficient economic system. Efficient in the sense that the system of property rights gives individuals incentives to innovate and produce, and, conversely inhibits those activities (rent-seeking, theft, arbitrary confiscation and/or excessive taxation) that reduce individual incentives. They argue that property rights are classic public goods because: (1) once a more efficient set of property rights is discovered the marginal cost of copying it is low (compared to the cost of discovering and developing it); (2) it is prohibitively expensive to prevent other political jurisdictions from emulating a more efficient set of property rights regardless of whether they contributed to their construction; (3) and finally, the idea of a set of property rights, like all ideas, is non-rival -- we can all consume the same idea and the "stock" of the idea is not diminished. These public good aspects lead them to conclude that there may be under investment in the attempts to create more efficient sets of property rights because the jurisdiction that invests in the development of property rights pays the entire cost of their development but receives only benefits that accrue to its jurisdiction, while other jurisdictions can get the benefits without any of the developmental costs. Thus, the problems of public goods and the "free riders."

The aim of this collection is to illustrate the pervasive influence of humanist rhetoric on early-modern literature and philosophy. The first half of the book focuses on the classical rules of judicial rhetoric. One chapter considers the place of these rules in Shakespeare's The Merchant of Venice, while two others concentrate on the technique of rhetorical redescription, pointing to its use in Machiavelli's The Prince as well as in several of Shakespeare's plays, notably Coriolanus. The second half of the book examines the humanist background to the philosophy of Thomas Hobbes. A major new essay discusses his typically humanist preoccupation with the visual presentation of his political ideas, while other chapters explore the rhetorical sources of his theory of persons and personation, thereby offering new insights into his views about citizenship, political representation, rights and obligations and the concept of the state.

Unlike most other similar books, this systematic, carefully reasoned, non-technical analysis of the nature and significance of scientific knowledge opens the way to reconciliation in the 'science wars'. By describing how academic scientists actually undertake research and communicate their findings, it shows that the philosophy, psychology and sociology of science are inextricably entwined, and that 'realism' and 'relativism' are just two sides of the same coin. The writing is well-informed, down-to-earth and lucid.

This is a graduate text on turbulent flows, an important topic in fluid dynamics. It is up-to-date, comprehensive, designed for teaching, and is based on a course taught by the author at Cornell University for a number of years. The book consists of two parts followed by a number of appendices. Part I provides a general introduction to turbulent flows, how they behave, how they can be described quantitatively, and the fundamental physical processes involved. Part II is concerned with different approaches for modelling or simulating turbulent flows. The necessary mathematical techniques are presented in the appendices. This book is primarily intended as a graduate level text in turbulent flows for engineering students, but it may also be valuable to students in applied mathematics, physics, oceanography and atmospheric sciences, as well as researchers and practising engineers.

During the height of the Cold War in the 1950s the small island of Quemoy in the Taiwan Strait was the front line in the military standoff between Chiang Kai-shek's Republic of China and Mao Zedong's People's Republic. Local society and culture were dramatically transformed. Michael Szonyi uses oral history, official documents, and dissident writings to convey the history of the island during this period. In so doing, he sheds light on the social and cultural impact of the Cold War on those who lived through it, as well as on the relationship between China, the United States and the USSR at this critical moment. By analysing the effects of Quemoy's distinctive geopolitical situation on the economy, gender and the family, and citizenship and religion, the book provides a new perspective on the social history of Cold War relations, showing how geopolitics can affect individual lives and communities.

Franz Schubert's tragically short life was spent in one of Europe's most richly musical cities: a Vienna that worshipped Beethoven, adored Rossini, and thrilled to Paganini. Schubert, with the help of supportive friends who were themselves immersed in the arts, won fame for himself through songs and dances while aspiring to succeed with larger operas and symphonies. Christopher Gibbs considers how and what Schubert composed, taking a fresh look at this misunderstood figure, particularly the unfolding of his professional career, his relationship to Beethoven, the growth of his reputation and public image and the darker side of drinking, depression and sexual ambiguity. This searching and sympathetic biography questions the customary sentimental cliches and the recent revisionist views concerning this elusive genius.