Hall of mirrors : the Great Depression, the great recession, and the uses-and misuses-of history / / Barry Eichengreen

• Record Nr.: UNINA9910460350803321
• Autore: Eichengreen Barry J.
• Pubbl/distr/stampa: New York, New York : , : Oxford University Press, , [2015]; ©2015
• ISBN: 0-19-939202-1; 0-19-062107-9; 0-19-939201-3
• Descrizione fisica: 1 online resource (vi, 514 p.)
• Classificazione: 16.20.20; 16.20
• Disciplina: 330.9/043
• Soggetti: Depressions - 1929; Economic policy - History - 20th century; Global Financial Crisis, 2008-2009; Economic policy - History - 21st century; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Machine generated contents note: -- Introduction -- Castles in Spain Made Real -- Inflation's Shadow -- Children's Playroom -- Financialization with a Vengeance -- Flip That House -- Europe and the Euro -- The Crisis to End All Crises -- The J.P. Morgan of the South -- Shuttle Diplomacy -- Will America Topple Too? -- Largely Contained -- Out of the Shadows -- The Worst Financial Crisis Since 1933 -- The Three B's -- New Deal -- Double Dip -- Preventing the Worst -- Unconventional Policy -- Weak Soup -- The Turn to Austerity -- The Euro Crisis -- Whatever It Takes -- Conclusion.
• Sommario/riassunto: "There have been two global financial crises in the past century: the Great Depression of the 1930s and the Great Recession that began in 2008. Both featured loose credit, precarious real estate and stock market bubbles, suspicious banking practices, an inflexible monetary system, and global imbalances; both had devastating economic ; consequences. In both cases, people in the prosperous decade preceding the crash believed they were living in a post-volatility economy, one that had tamed the cycle of boom and bust. When the global financial system began to totter in 2008, policymakers were able to draw on the lessons of the Great Depression in order to prevent a repeat, but their response was still inadequate to prevent massive economic turmoil on a global scale. In Hall of Mirrors, renowned economist Barry Eichengreen provides the first book-length analysis of the two crises and their aftermaths. Weaving together the narratives of the 30s and recent years, he shows how fear of another Depression greatly informed the policy response after the Lehman Brothers collapse, with both positive and negative results. On the positive side, institutions took the opposite paths that they had during the Depression; government increased spending and cut taxes, and central banks reduced interest rates, flooded the market with liquidity, and coordinated international cooperation. This in large part prevented the bank failures, 25% unemployment rate, and other disasters that characterized the Great Depression. But they all too often hewed too closely and too literally to the lessons of the Depression, seeing it as a mirror rather than focusing on the core differences. Moreover, in their haste to differentiate themselves from their forbears, today's policymakers neglected the constructive but ultimately futile steps that the Federal Reserve took in the 1930s. While the rapidly constructed policies of late 2008 did succeed in staving off catastrophe in the years after, policymakers, institutions, and society as a whole were too eager to get back to normal, even when that meant stunting the recovery via harsh austerity policies and eschewing necessary long-term reforms. The result was a grindingly slow recovery in the US and a devastating recession in Europe. Hall of Mirrors is not only a monumental work of economic history, but an essential exploration of how we avoided making only some of the same mistakes twice--and why our partial remedy makes us highly susceptible to making other, equally important mistakes yet again"--

Asteroseismology of Stellar Populations in the Milky Way / / edited by Andrea Miglio, Patrick Eggenberger, Léo Girardi, Josefina Montalbán

• Record Nr.: UNINA9910300406803321
• Pubbl/distr/stampa: Cham : , : Springer International Publishing : , : Imprint : Springer, , 2015
• ISBN: 3-319-10993-6
• Edizione: [1st ed. 2015.]
• Descrizione fisica: 1 online resource (183 p.)
• Collana: Astrophysics and Space Science Proceedings, , 1570-6605 ; ; 39
• Disciplina: 523.8
• Soggetti: Astronomy - Observations; Astrophysics; Astronomy, Observations and Techniques
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Ages of Stars: Methods and Uncertainties -- Solar-Like Oscillating Stars as Standard Clocks and Rulers for Galactic Studies -- Uncertainties in Stellar Evolution Models: Convective Overshoot -- Effects of Rotation on Stellar Evolution and Asteroseismology of Red Giants -- Open Clusters: Probes of Galaxy Evolution and Bench Tests of Stellar Models -- Exploiting the Open Clusters in the Kepler and CoRoT Fields -- Photometric Stellar Parameters for Asteroseismology and Galactic Studies -- Spectroscopic Constraints for Low-Mass Asteroseismic Targets -- Preliminary Evaluation of the Kepler Input Catalog Extinction Model Using Stellar Temperatures -- The APOKASC Catalog -- The Red Giants in NGC 6633 as Seen with CoRoT, HARPS 30 and SOPHIE -- “Rapid-Fire” Spectroscopy of Kepler Solar-Like Oscillators -- New Observational Constraints to Milky Way ChemodynamicalModels -- The Expected Stellar Populations in the Kepler and CoRoT Fields -- Early Results from APOKASC -- The Metallicity Gradient of the Old Galactic Bulge Population -- 4MOST: 4m Multi Object Spectroscopic Telescope -- Mapping the Stellar Populations of the Milky Way with Gaia -- Uncertainties in Models of Stellar Structure and Evolution -- Photospheric Constraints, Current Uncertainties in Models of Stellar Atmospheres, and Spectroscopic Surveys.
• Sommario/riassunto: The detection of radial and non-radial solar-like oscillations in ; thousands of G-K giants with CoRoT and Kepler is paving the road for detailed studies of stellar populations in the Galaxy. The available average seismic constraints allow largely model-independent determination of stellar radii and masses, and can be used to determine the position and age of thousands of stars in different regions of the Milky Way, and of giants belonging to open clusters. Such a close connection between stellar evolution, Galactic evolution, and asteroseismology opens a new very promising gate in our understanding of stars and galaxies. This book represents a natural progression from the collection of review papers presented in the book 'Red Giants as Probes of the Structure and Evolution of the Milky Way', which appeared in the Astrophysics and Space Science Proceedings series in 2012. This sequel volume contains review papers on spectroscopy, seismology of red giants, open questions in Galactic astrophysics, and discusses first results achieved by combining photometric/spectroscopic and seismic constraints on populations of stars observed by CoRoT and Kepler. The book also reports on discussions between expert researchers in Galactic evolution, specialists in stellar structure and asteroseismology, and key representatives of extensive ground-based spectroscopic surveys such as APOGEE and the ESO-GAIA Spectroscopic Survey, which would serve as a roadmap for future endeavours in this field of research.