The Minsky Model of a General Financial Crisis A Synopsis of ‘Chapter 2 -- The Anatomy of a Typical Crisis’ in Manias‚ Panics and Crashes - A History of Financial Crises by Charles P. Kindleberger and Robert Z. Aliber‚ Sixth Edition‚ Palgrave Macmillan‚ Copyright 2011 Since the end of the Great Depression “…financial failure has been more extensive and pervasive” in the 30-year period 1980 to 2010 than at any other time leading up to the present day (p. 7). Four financial crises occurred
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philanthropic employers began to develop a paternalistic care and concern for their employees. From the 1890s Quaker employers‚ for example‚ Cadbury and Rowntree‚ began to emphasize welfare by appointing ’industrial welfare ’ workers and building model factory villages. It was estimated that by 1914 there were probably between 60 and 70 welfare workers in Britain (Farnham‚ 1990). In the USA‚ Henry Ford ’s autoplant‚ for example‚ established a ’Sociological Department ’ to administer personnel
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Logic model Brief history of evaluation and the logic Model Scriven (1991) would argue that evaluation has been around for many years‚ and is only now recognised as a discipline. He would go further and say it is like a knowledge which has been around for a decade before we were discussing its use‚ nature and logic. It is essentially different from science in its methods and thought. He would argue it is only recently we have appreciated its value as a discipline we still have a long way to go.
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The multifactorial model in health psychology is a leading paradigm that recognizes the multi-faceted nature of illnesses. It is not a clear-cut‚ simple case that a disease is caused by a singular factor. The fact is that decades if not over a century of modern research has led to the recognition that a host of factors‚ as well as their interactions‚ function in illness and health determination (Nevid & Rathus‚ p. 126). These varied factors that the multifactorial model indicates to be the range
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The Black Arts Movement The Black Arts Movement or Black Aesthetics Movement (BAM) was a subdivision of the Black Power Movement and focused primarily on African American musicians‚ writers‚ poets‚ playwrights‚ dancers‚ and other forms of self-expression. Founded by acclaimed writer LeRoi Jones (who later changed his name to Amiri Baraka) one month after Malcolm X’s assassination (1965)‚ BAM’s origins were politically‚ racially‚ and spiritually-motivated to draw attention to the dehumanization and
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As one of the largest grassroots movements in the country‚ Black Lives Matter is a reaction to the dehumanization of Black people‚ a call to action against societal and institutional racism‚ as well as a rebuild of the narrow‚ conventional liberation movements that too often marginalized women‚ queer‚ trans‚ disabled and undocumented immigrants from within the movement. As such‚ it does not limit its scope to the alarmingly high poverty‚ incarceration and extrajudicial killing rates‚ but it includes
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Jacalin De La Rosa Dr. Forss 31 October 2011 Black Like Me “In the flood of the light against white tile‚ the face and shoulders of a stranger- a fierce‚ bald‚ very dark Negro- glared at me from the glass… All the traces of the John Griffin I had been were wiped from existence.” This is just the start of the transformation John Griffin had to go through to create the ultimate sociological experiment in the 1950’s. Within the book Black Like Me‚ by John Howard Griffin‚ it can be argue that discrimination
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Black Power and Black Nationalism‚ created by Hamilton & Ture and Malcolm X‚ respectively‚ call upon African-Americans to make a physical‚ as well as vocal‚ stand against racism and white supremacy. Both ideologies stress the need of black people to unite under a single front‚ putting aside their differences to achieve political representation and change. African-Americans shouldn’t be afraid to respond to constant‚ unrelenting violence with violence- after all‚ “there can be no social order without
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C. Takaful Operating Models • The Mudaraba Model The mudaraba is a kind of partnership in which one party that affords supplies funds while the other offers its expertise and management. It is based on classic profit sharing principles‚ for example a partnership in which two parties involved‚ one is fund provider which is called the participant‚ while the other person or party is called the operator who provides expertise and management of the fund. Both share the profits of the joint venture
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Full model vs. LASSO models After creating and evaluating the full model‚ a back model and step model were created using backwards selection and stepwise selection‚ respectively. Additionally‚ there were two LASSO models created. Both of these LASSO models were created using a weight of 4 (TPR) to 1 (FPR). Full Model 2 also has these weights‚ so we will use this model to compare to the LASSO models. The first LASSO model created was using “lambda 1SE.” This model was very minimal‚ only using 5
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