Search
Your search yielded no results
- Check if your spelling is correct.
- Remove quotes around phrases to match each word individually: "blue smurf" will match less than blue smurf.
- Consider loosening your query with OR: blue smurf will match less than blue OR smurf.
PDF Ebook More than Just Talk: George W. Bush, Faith-Based Initiatives and Presidential Lawmaking
Submitted by antoq on Sat, 06/13/2009 - 08:47A cornerstone of the Bush Administration’s domestic policy agenda following the 2000 election was the Faith-Based Initiative. The Bush Administration claims, “Faith-based and community organizations (FBCOs) have a long tradition of helping Americans in need and together represent an integral part of our nation’s social service network. Yet, all too often, the Federal government has put in place complicated rules and regulations preventing FBCOs from competing for funds on an equal footing with other organizations.” 1 The President’s objective was to place FBCOs on a level playing field with non-religious social service organizations. 2 From the standpoint of the Administration, “Federal funds should be awarded to the most effective organizations – whether public or private, large or small, faith-based or secular – and all must be allowed to compete on a level playing field.” Bush flatly disavows the mindset “that if government would only get out of our way, all our problems would be solved.” 3 Instead, Bush is a conservative who believes there are “some things the government should be doing.” 4 Faith-Based and Community Initiative is an example of a domestic policy that the federal government should enact.
To achieve the central element of his domestic policy within the first term of his presidency, George W. Bush did not rely upon the legislative process alone to advance Faith-Based and Community Initiative (FBCI). Although FBCI made it to Congress’s agenda, Bush also utilized the lawmaking power of the executive branch to help ensure the implementation of his policy preferences. Bush has adopted a two-pronged lawmaking approach in his effort to implement FBCI by utilizing executive orders, decrees, regulations, etc. while at the same time pursuing congressional action. How Bush has chosen to deploy his resources to implement his faith-based policy agenda helps shed substantive light on the development of the institutional presidency and our understanding of presidential power.
- Read more
- 899 reads
Ebook Liquidity and Asset Pricing: Evidence on the Role of Investor Holding Period
Submitted by wulan on Wed, 01/13/2010 - 06:10Numerous empirical studies find that liquidity matters for asset returns. On the theoretical side, there is however little agreement on what aspects of liquidity can generate large cross-sectional effects in asset returns. A number of theoretical models use the concept of expected holding period to link liquidity to asset prices. So far, it has been hard to investigate these theories empirically. While some attempts have been made, they all suffer from lack of data on actual holding periods.
Instead they rely on proxies of investor holding periods constructed from data on turnover. Even though a high-turnover stock necessarily have many of the stock’s investors buying and selling the stock, it is by no means certain that all owners of the stock have short holding periods. The core of this problem is that turnover is a characteristic of a stock, while holding period is a decision made by individual investors.
- Read more
- 174 reads
Ebook Self-Deception as the Root of Political Failure
Submitted by antoq on Thu, 02/19/2009 - 07:38Just about everyone thinks that their politicalviews are better than the views ofsmarter or better trained others. On economic issues, few voters defer to the opinions of economists. Nor does this appear to be a well-grounded suspicion ofexperts. Many citizens are deliberately dismissive, stubborn and irrational. At the same time these individuals maintain a passionate self-righteousness. Theyare keener to talk than to listen, the opposite ofwhat aninformation-gathering modelwould suggest. Individuals tend to believe that their private self-interest coincides withthe nationalself-interest. Debates and exchange ofinformation tend to polarize opinion rather than producing convergence.
Individuals oftencontinue to hold their politicalviews even when a contraryrealitystares themin the face. Numerous twentieth-century intellectuals supported Stalin and the Communists. Theyrefused to abandon the Communist Party venwheninformation about massacres and purges became well-known, instead rationalizingtheir commitments by reinterpreting the evidence. Many Muslims, when confronted withdecisive evidence ofthe role ofOsama bin Laden in the events of9/11, including a taped confession, have responded byclaiming that the evidence is faked and that Osama is innocent. Some charged that the bombing was a “Zionist conspiracy,” masterminded by Israel. A Gallup pollshowed that 61 percent ofthe respondents, fromnine Muslimcountries, think Arabs had nothing to do withthe attacks.
- Read more
- 894 reads