The Classical Debt

The Classical Debt

Johanna Hanink shows that our idealized image of ancient Greece dangerously shapes our view of the country’s economic hardship and refugee crisis.

Author: Johanna Hanink

Publisher: Harvard University Press

ISBN: 9780674978300

Category: History

Page: 352

View: 528

“Greek debt” means one thing to the country’s creditors. But for millions who prize culture over capital, it means the symbolic debt we owe Greece for democracy, philosophy, mathematics, and fine art. Johanna Hanink shows that our idealized image of ancient Greece dangerously shapes our view of the country’s economic hardship and refugee crisis.
Categories: History

Debt Innovations and Deflation

Debt  Innovations  and Deflation

Our interest, however, is to the extent to which earlier economists associated with
the classical school related credit/debt and deflation. Humphrey (2004) has
explained why classical economists feared the effects on the real economy of ...

Author: J. Patrick Raines

Publisher: Edward Elgar Publishing

ISBN: 1781008159

Category: Business & Economics

Page: 191

View: 609

Analyzes the deflation theories of Thorstein Veblen, Irving Fisher, Joseph A Schumpeter, and Hyman Minsky. In so doing, this work develops a paradigm for understanding the phenomenon of deflation. It also provides a re-examination of the literature and theories of deflation.
Categories: Business & Economics

The Classical Museum

The Classical Museum

the plebeians, is immaterial for the purpose of my argument: they were persons
who had sold the chief part of their lands to pay their debts, or to get money
without borrowing; a description of persons which is just as applicable to those
who ...

Author: Leonhard Schmitz

Publisher: Cambridge University Press

ISBN: 9781108057752

Category: History

Page: 482

View: 724

Born near Aachen, Leonhard Schmitz (1807-90) studied at the University of Bonn, from which he received his PhD, before marrying an Englishwoman and becoming a naturalised British citizen. Made famous by the 1844 publication of his translation of Niebuhr's Lectures on the History of Rome, he became rector of the Royal High School, Edinburgh, where he taught Alexander Graham Bell. He also briefly tutored the future Edward VII (and he had previously taught Prince Albert in Bonn). This short-lived quarterly journal, which Schmitz founded and edited between 1844 and 1850, focused exclusively on aspects of classical antiquity - in contrast to the more general literary reviews that were common in the period. It illuminates the development of Classics as a specialist discipline as well as contemporary intellectual links between Britain and Germany. This third volume was published in 1846.
Categories: History

Sovereign Debt

Sovereign Debt

default during the classical gold standard era. Most prominent was the
Corporation of Foreign Bondholders (CFB), formed by British creditors in 1868.
The Corporation published valuable economic data on sovereign debt burdens
and tax ...

Author: Robert W. Kolb

Publisher: John Wiley & Sons

ISBN: 1118017552

Category: Business & Economics

Page: 449

View: 857

An intelligent analysis of the dangers, opportunities, and consequences of global sovereign debt Sovereign debt is growing internationally at a terrifying rate, as nations seek to prop up their collapsing economies. One only needs to look at the sovereign risk pressures faced by Greece, Spain, and Ireland to get an idea of how big this problem has become. Understanding this dilemma is now more important than ever, that's why Robert Kolb has compiled Sovereign Debt. With this book as your guide, you'll gain a better perspective on the essential issues surrounding sovereign debt and default through discussions of national defaults, systemic risk, associated costs, and much more. Historical studies are also included to provide a realistic framework of reference. Contains up-to-date research and analysis on sovereign debt from today's leading practitioners and academics Details the dangers of defaults and their associated systemic risks Explores the past, present, and future of sovereign debt The repercussions of a national default are all-encompassing as global markets are intricately interwoven in the modern world. Sovereign Debt examines what it will take to overcome the challenges of this market and how you can deal with the uncertainty surrounding it.
Categories: Business & Economics

Public Debt Management

Public Debt Management

As a prelude to the central part of the paper , Section 2 reviews the familiar issue
of the neutrality of the debt . The classical Ricardian equivalence theorem
assumes that markets are complete . Nonetheless , even if markets are
incomplete ...

Author: Mario Dornbusch

Publisher: Cambridge University Press

ISBN: 0521392667

Category: Business & Economics

Page: 354

View: 112

This volume from the Centre for Economic Policy Research brings together research on the management of public debt and its implications for financial stability.
Categories: Business & Economics



There are many discussions of the politics of collective responsibility toward the
classical past, and toward each other when discussing it: some recent examples
include J. Hanink, The Classical Debt: Greek Antiquity in an Age of Austerity ...

Author: Postclassicisms Collective


ISBN: 9780226672311

Category: Classical philology

Page: 256

View: 670

Made up of nine prominent scholars, The Postclassicisms Collective aims to map a space for theorizing and reflecting on the values attributed to antiquity. The product of these reflections, Postclassicisms takes up a set of questions about what it means to know and care about Greco-Roman antiquity in our turbulent world and offers suggestions for a discipline in transformation, as new communities are being built around the study of the ancient Greco-Roman world. Structured around three primary concepts--value, time, and responsibility--and nine additional concepts, Postclassicisms asks scholars to reflect upon why they choose to work in classics, to examine how proximity to and distance from antiquity has been--and continues to be--figured, and to consider what they seek to accomplish within their own scholarly practices. Together, the authors argue that a stronger critical self-awareness, an enhanced sense of the intellectual history of the methods of classics, and a greater understanding of the ethical and political implications of the decisions that the discipline makes will lead to a more engaged intellectual life, both for classicists and, ultimately, for society. A timely intervention into the present and future of the discipline, Postclassicisms will be required reading for professional classicists and students alike and a model for collaborative disciplinary intervention by scholars in other fields.
Categories: Classical philology

How to Think about War

How to Think about War

The first English-language collection of speeches from Thucydides in nearly half a century, How to Think about War takes readers straight to the heart of this timeless thinker.

Author: Thucydides

Publisher: Princeton University Press

ISBN: 9780691190150

Category: History

Page: 336

View: 479

An accessible modern translation of essential speeches from Thucydides’s History that takes readers to the heart of his profound insights on diplomacy, foreign policy, and war Why do nations go to war? What are citizens willing to die for? What justifies foreign invasion? And does might always make right? For nearly 2,500 years, students, politicians, political thinkers, and military leaders have read the eloquent and shrewd speeches in Thucydides’s History of the Peloponnesian War for profound insights into military conflict, diplomacy, and the behavior of people and countries in times of crisis. How to Think about War presents the most influential and compelling of these speeches in an elegant new translation by classicist Johanna Hanink, accompanied by an enlightening introduction, informative headnotes, and the original Greek on facing pages. The result is an ideally accessible introduction to Thucydides’s long and challenging History. Thucydides intended his account of the clash between classical Greece’s mightiest powers—Athens and Sparta—to be a “possession for all time.” Today, it remains a foundational work for the study not only of ancient history but also contemporary politics and international relations. How to Think about War features speeches that have earned the History its celebrated status—all of those delivered before the Athenian Assembly, as well as Pericles’s funeral oration and the notoriously ruthless “Melian Dialogue.” Organized by key debates, these complex speeches reveal the recklessness, cruelty, and realpolitik of Athenian warfighting and imperialism. The first English-language collection of speeches from Thucydides in nearly half a century, How to Think about War takes readers straight to the heart of this timeless thinker.
Categories: History

Classical Antiquity in Video Games

Classical Antiquity in Video Games

Greenwood, E. (2005) '“We speak Latin in Trinidad”: Uses of classics in
Caribbean literature', in B. Goff (ed.) ... Hanink, J. (2017) The Classical Debt:
Greek Antqiuity in an Era of Austerity, Cambridge: Belknap Press of Harvard
University Press.

Author: Christian Rollinger

Publisher: Bloomsbury Publishing

ISBN: 9781350066656

Category: History

Page: 312

View: 442

From gaming consoles to smartphones, video games are everywhere today, including those set in historical times and particularly in the ancient world. This volume explores the varied depictions of the ancient world in video games and demonstrates the potential challenges of games for scholars as well as the applications of game engines for educational and academic purposes. With successful series such as “Assassin's Creed” or "Civilization” selling millions of copies, video games rival even television and cinema in their role in shaping younger audiences' perceptions of the past. Yet classical scholarship, though embracing other popular media as areas of research, has so far largely ignored video games as a vehicle of classical reception. This collection of essays fills this gap with a dedicated study of receptions, remediations and representations of Classical Antiquity across all electronic gaming platforms and genres. It presents cutting-edge research in classics and classical receptions, game studies and archaeogaming, adopting different perspectives and combining papers from scholars, gamers, game developers and historical consultants. In doing so, it delivers the first state-of-the-art account of both the wide array of 'ancient' video games, as well as the challenges and rewards of this new and exciting field.
Categories: History

The Classical Economists

The Classical Economists

146 In general , indirect taxation was thought of by the Classical economists as
providing the main source of revenue . This it had in fact done historically , with
any shortfall being met either by income tax or debt creation . From Peel ' s
income ...

Author: Denis Patrick O'Brien

Publisher: Oxford : Clarendon Press

ISBN: STANFORD:36105036041601

Category: Economics

Page: 306

View: 808

Categories: Economics

Clifford Algebras and the Classical Groups

Clifford Algebras and the Classical Groups

I owe a great debt not only to colleagues and students at the University of
Liverpool over the years but also to new found friends at the by now regular
international meetings on Clifford ... For the classical groups my main debt is to

Author: Ian R. Porteous

Publisher: Cambridge University Press

ISBN: 0521551773

Category: Mathematics

Page: 295

View: 262

Central to the work is the classification of the conjugation and reversion anti-involutions that arise naturally in the theory. It is of interest that all the classical groups play essential roles in this classification. Other features include detailed sections on conformal groups, the eight-dimensional non-associative Cayley algebra, its automorphism group, the exceptional Lie group G[subscript 2], and the triality automorphism of Spin 8.
Categories: Mathematics

The Debt To Pleasure

The Debt To Pleasure

Picador Classic John Lanchester. theheavyor delicatequalities ofthe
accompanying curry –a combination madeespecially festiveby thetraditionally
auspicious accompanimentof goldleaf topping, thoughIshould record thatI myself
havenever, ...

Author: John Lanchester

Publisher: Pan Macmillan

ISBN: 9781447275398

Category: Fiction


View: 165

With an introduction by John Banville Winner of the Whitbread First Novel Award 1996. To like something is to want to ingest it and, in that sense, is to submit to the world; to like something is to succumb, in a small but contentful way, to death. Tarquin Winot - hedonist, food obsessive, ironist and snob - travels a circuitous route from the Hotel Splendide in Portsmouth to his cottage in Provence. Along the way he tells the story of his childhood and beyond through a series of delectable menus, organized by season. But this is no ordinary cookbook, and as we are drawn into Tarquin's world, a far more sinister mission slowly reveals itself . . . Winner of the 1996 Whitbread First Novel Award, John Lanchester's The Debt to Pleasure is a wickedly funny ode to food; an erotic and sensual culinary journey. Its elegant, intelligent and unhinged narrator is nothing less than a work of art himself.
Categories: Fiction

Rocking the Classics

Rocking the Classics

... debt to classical music and folk styles in chapter 2, and its debt to jazz in
chapter 6). Two synonymous terms, “classical rock” and “art rock,” have
sometimes been used to describe the genre as well. However, the term “classical
rock” tends to ...

Author: Edward Macan

Publisher: Oxford University Press

ISBN: 9780199880096

Category: Music

Page: 320

View: 869

Few styles of popular music have generated as much controversy as progressive rock, a musical genre best remembered today for its gargantuan stage shows, its fascination with epic subject matter drawn from science fiction, mythology, and fantasy literature, and above all for its attempts to combine classical music's sense of space and monumental scope with rock's raw power and energy. Its dazzling virtuosity and spectacular live concerts made it hugely popular with fans during the 1970s, who saw bands such as King Crimson, Emerson, Lake and Palmer, Yes, Genesis, Pink Floyd, and Jethro Tull bring a new level of depth and sophistication to rock. On the other hand, critics branded the elaborate concerts of these bands as self- indulgent and materialistic. They viewed progressive rock's classical/rock fusion attempts as elitist, a betrayal of rock's populist origins. In Rocking the Classics, the first comprehensive study of progressive rock history, Edward Macan draws together cultural theory, musicology, and music criticism, illuminating how progressive rock served as a vital expression of the counterculture of the late 1960s and 1970s. Beginning with a description of the cultural conditions which gave birth to the progressive rock style, he examines how the hippies' fondness for hallucinogens, their contempt for Establishment-approved pop music, and their fascination with the music, art, and literature of high culture contributed to this exciting new genre. Covering a decade of music, Macan traces progressive rock's development from the mid- to late-sixties, when psychedelic bands such as the Moody Blues, Procol Harum, the Nice, and Pink Floyd laid the foundation of the progressive rock style, and proceeds to the emergence of the mature progressive rock style marked by the 1969 release of King Crimson's album In the Court of the Crimson King. This "golden age" reached its artistic and commercial zenith between 1970 and 1975 in the music of bands such as Jethro Tull, Yes, Genesis, ELP, Gentle Giant, Van der Graaf Generator, and Curved Air. In turn, Macan explores the conventions that govern progressive rock, including the visual dimensions of album cover art and concerts, lyrics and conceptual themes, and the importance of combining music, visual motif, and verbal expression to convey a coherent artistic vision. He examines the cultural history of progressive rock, considering its roots in a bohemian English subculture and its meteoric rise in popularity among a legion of fans in North America and continental Europe. Finally, he addresses issues of critical reception, arguing that the critics' largely negative reaction to progressive rock says far more about their own ambivalence to the legacy of the counterculture than it does about the music itself. An exciting tour through an era of extravagant, mind-bending, and culturally explosive music, Rocking the Classics sheds new light on the largely misunderstood genre of progressive rock.
Categories: Music

Financial Innovation and Risk Sharing

Financial Innovation and Risk Sharing

As a prelude to the central part of the chapter, section 9.2 reviews the familiar
issue of the neutrality of the debt. The classical Ricardian equivalence theorem
assumes that markets are complete. Nonetheless, even if markets are incomplete
, ...

Author: Nippon Life Professor of Finance and Economics Franklin Allen

Publisher: MIT Press

ISBN: 0262011417

Category: Business & Economics

Page: 379

View: 285

Franklin Allen and Douglas Gale assemble some of their key papers along with a five-chapter overview that not only synthesizes their work but provides a historical and institutional review and a discussion of alternative approaches as well.
Categories: Business & Economics

Classical Macroeconomics

Classical Macroeconomics

Yet, unlike in the classical period, just what properly is the "thing which answers
to the description" of money (Keynes 1930, 1: 4; ... Classical money is neither
private sector credit nor debt, whereas the modern definition of money allows
some ...

Author: James C.W. Ahiakpor

Publisher: Routledge

ISBN: 9781134742035

Category: Business & Economics

Page: 272

View: 380

John Maynard Keynes failed to correctly interpret classic economic concepts, and dismissed the classical explanations and conclusions as being irrelevant to the world in which we live. The trauma of the Great Depression and Keynes's changed definition of economic concepts, aided by Eugen Böhm-Bawerk, have made it difficult for modern economists to fully appreciate the classical insights. This outstanding book clarifies the classical explanations to resolve the continuing theoretical and policy disputes. Key chapters include: On the Definition of Money Keynes's Misinterpretation of the Classical Theory of Interest The Classical Theory of Growth and Keynes's Paradox of Thrift The Mythology of the Keynesian Multiplier This unique book demonstrates that it is Keynes's understanding of some fundamental classical economic concepts which is at fault, and extends its analysis to other modern contributions in macroeconomics.
Categories: Business & Economics

A Free Nation Deep in Debt

A Free Nation Deep in Debt

After his voluntary retirement from office in 305. the process of devaluation
recommenced and accelerated. By 320 the new coin had lost 70% of its value.
The classical world had come full circle. Its flowering was encapsulated by the life
span ...

Author: James Macdonald

Publisher: Princeton University Press

ISBN: 0691126321

Category: Business & Economics

Page: 564

View: 472

For the greater part of recorded history the most successful and powerful states were autocracies; yet now the world is increasingly dominated by democracies. In A Free Nation Deep in Debt, James Macdonald provides a novel answer for how and why this political transformation occurred. The pressures of war finance led ancient states to store up treasure; and treasure accumulation invariably favored autocratic states. But when the art of public borrowing was developed by the city-states of medieval Italy as a democratic alternative to the treasure chest, the balance of power tipped. From that point on, the pressures of war favored states with the greatest public creditworthiness; and the most creditworthy states were invariably those in which the people who provided the money also controlled the government. Democracy had found a secret weapon and the era of the citizen creditor was born. Macdonald unfolds this tale in a sweeping history that starts in biblical times, passes via medieval Italy to the wars and revolutions of the seventeenth and eighteenth centuries, and ends with the great bond drives that financed the two world wars.
Categories: Business & Economics

Commodity Prices Aid and Debt

Commodity Prices  Aid and Debt

2.1 The Genesis of the Debate Classical economists predicted a long - run
improving trend in the prices of primary commodities relative to those of
manufactures . According to the classical view , primary commodity production
tends to be ...

Author: Moh. Abadura Rajjaka

Publisher: Commonwealth Secretariat

ISBN: 0850928206

Category: Business & Economics

Page: 165

View: 843

This study reveals the extent of persistent downward trends in commodity prices on least developed countries (LDCs), small vulnerable states (SVSs) and heavily indebted countries (HIPCs) and proposes a Joint Diversification Scheme exclusively for export diversification schemes in the commoditydependent poor countries. The report also proposes and outlines the establishment of a Joint Diversification Fund, in addition to regular aid flows as a longterm solution.
Categories: Business & Economics

Proceedings of the Reformed Church of Ohio

Proceedings of the Reformed Church of Ohio

Your Committee sensible of the necessity of promptness in the liguidation of the
classical debts , would urge those Classes which are still in arrearages for the
contingent fund of Synod to take prompt measures for the discharge of their debts



ISBN: NYPL:33433069129017



View: 806


The Management of Bond Investments and Trading of Debt

The Management of Bond Investments and Trading of Debt

On the other hand, zero-coupon debt instruments require greater risk
management skill than the classical bonds. A variation of zero-coupon bonds is
the liquid yield option note (LYON), which is a convertible instrument (see section

Author: Dimitris N. Chorafas

Publisher: Elsevier

ISBN: 9780080497280

Category: Business & Economics

Page: 448

View: 948

Written for managers and professionals in business and industry, and using a minimum of mathematical language, The Management of Bond Investments and the Trading of Debt addresses three key issues: Bondholder’s options, risks and rewards in making investments in debt instruments; The dynamics of inflation, and how they affect both trading in the bond market, and investment decisions; and The democratization of lending, socialization of risk, and effect of the global economy on the bond market. Financial expert Dimitris Chorafas discusses these issues in straightforward language for managers and professionals in commercial banks, securities houses, financial services companies, merchandising firms, manufacturing companies, and consulting firms, placing the mathematical treatment of the issues in the appendices, available for study but not necessary for understanding the business issues addressed in the book. Focuses on new issues of central importance in bond and debt trading today Uses clear, straightforward language for managers and professionals in business and industry, with mathematical treatment provided in appendices Thorough treatment of operational risk new to books on this topic
Categories: Business & Economics

Cupid and Psyche

Cupid and Psyche

Because acknowledging classical debt was then a marker of class, gender and
learning, it is easy to understand why Tighe resorted to the classics, even though
the classics were for men.16 Yet, Latin in particular was valued and taught in ...

Author: Regine May

Publisher: Walter de Gruyter GmbH & Co KG

ISBN: 9783110641585

Category: Literary Criticism

Page: 478

View: 214

Apuleius’ tale of Cupid and Psyche has been popular since it was first written in the second century CE as part of his Latin novel Metamorphoses. Often treated as a standalone text, Cupid and Psyche has given rise to treatments in the last 400 years as diverse as plays, masques, operas, poems, paintings and novels, with a range of diverse approaches to the text. Apuleius’ story of the love between the mortal princess Psyche (or “Soul”) and the god of Love has fascinated recipients as varied as Romantic poets, psychoanalysts, children’s books authors, neo-Platonist philosophers and Disney film producers. These readers themselves produced their own responses to and versions of the story. This volume is the first broad consideration of the reception of C&P in Europe since 1600 and an adventurous interdisciplinary undertaking. It is the first study to focus primarily on material in English, though it also ranges widely across literary genres in Italian, French and German, encompassing poetry, drama and opera as well as prose fiction and art history, studied by an international team of established and young scholars. Detailed studies of single works and of whole genres make this book relevant for students of Classics, English, Art History, opera and modern film.
Categories: Literary Criticism