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Author: Karen Ho
Publisher: Duke University Press
ISBN: 0822391376
Category : Social Science
Languages : en
Pages : 390
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Book Description
Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.
Author: Karen Ho
Publisher: Duke University Press
ISBN: 0822391376
Category : Social Science
Languages : en
Pages : 390
Get Book Here
Book Description
Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.
Author: Kerem Gökten
Publisher: IJOPEC PUBLICATION
ISBN: 1912503689
Category : Business & Economics
Languages : en
Pages : 435
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Book Description
There is a strong view that economics is the academic discipline that best represents the claim of positive science among social sciences. Economics has undergone significant transformations after its emergence as a science. Despite all these transformations, the feature containing positive and normative elements has not changed. While economists from the political economy tradition focus on qualitative studies that relate to other social sciences, especially political science and history, a group of economists adopt the qualitative methods of natural sciences to analyze economic problems. There is a debate among economists on how to understand social reality and what kind of science the economy should be. Business is a discipline that has declared its relative independence from economics over time. Business is a research field that encompasses a wide range of areas ranging from organizational behavior of individuals to the firm’s production and marketing strategies. This book contains articles on essential topics related to these disciplines, which have an in- separable relationship between them. Academicians contributing to the book have produced works on current topics of discussion as well as key subjects that remain important in economics and management.
Author: David Cressy
Publisher: Cambridge University Press
ISBN: 0521032466
Category : History
Languages : en
Pages : 264
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Book Description
In this exploration of the social context of reading and writing in pre-industrial England, David Cressy tackles important questions about the limits of participation in the mainstream of early modern society. To what extent could people at different social levels share in political, religious, literary and cultural life; how vital was the ability to read and write; and how widely distributed were these skills? Using a combination of humanist and social-scientific methods, Dr Cressy provides a detailed reconstruction of the profile of literacy in sixteenth- and seventeenth-century England, looking forward to the eighteenth century and also making comparisons with other European societies.
Author: M. T. Clanchy
Publisher: Brepols Publishers
ISBN: 9782503580838
Category : Criticism, interpretation, etc
Languages : en
Pages : 0
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Book Description
Michael Clanchy's From Memory to Written Record, first published in 1979, has shaped the study of medieval literacy. Apart from continuing to work on 'pragmatic literacy', he has also turned his attention to other forms of making, keeping, and using written texts. This book collates six articles since published, showing new directions in the field of medieval literacy and communication. The first two chapters--'Looking Back from the Invention of Printing' and 'Parchment and Paper: Manuscript Culture, 1100-1500 AD'--provide an overview of further work on medieval manuscript culture. The next four--'Images of Ladies with Prayer Books: What Do They Signify?'; 'An Icon of Literacy: The Depiction at Tuse of Jesus Going to School'; 'The ABC Primer: Was it in Latin or English?'; 'Did Mothers Teach Their Children to Read?'--highlight a new interest in gender that has reviewed earlier ideas on literacy. Featuring 49 colour illustrations, the book also includes an Introduction, Bibliography, and Index.
Author: Brian Christian
Publisher: W. W. Norton & Company
ISBN: 039363583X
Category : Science
Languages : en
Pages : 459
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Book Description
A jaw-dropping exploration of everything that goes wrong when we build AI systems and the movement to fix them. Today’s “machine-learning” systems, trained by data, are so effective that we’ve invited them to see and hear for us—and to make decisions on our behalf. But alarm bells are ringing. Recent years have seen an eruption of concern as the field of machine learning advances. When the systems we attempt to teach will not, in the end, do what we want or what we expect, ethical and potentially existential risks emerge. Researchers call this the alignment problem. Systems cull résumés until, years later, we discover that they have inherent gender biases. Algorithms decide bail and parole—and appear to assess Black and White defendants differently. We can no longer assume that our mortgage application, or even our medical tests, will be seen by human eyes. And as autonomous vehicles share our streets, we are increasingly putting our lives in their hands. The mathematical and computational models driving these changes range in complexity from something that can fit on a spreadsheet to a complex system that might credibly be called “artificial intelligence.” They are steadily replacing both human judgment and explicitly programmed software. In best-selling author Brian Christian’s riveting account, we meet the alignment problem’s “first-responders,” and learn their ambitious plan to solve it before our hands are completely off the wheel. In a masterful blend of history and on-the ground reporting, Christian traces the explosive growth in the field of machine learning and surveys its current, sprawling frontier. Readers encounter a discipline finding its legs amid exhilarating and sometimes terrifying progress. Whether they—and we—succeed or fail in solving the alignment problem will be a defining human story. The Alignment Problem offers an unflinching reckoning with humanity’s biases and blind spots, our own unstated assumptions and often contradictory goals. A dazzlingly interdisciplinary work, it takes a hard look not only at our technology but at our culture—and finds a story by turns harrowing and hopeful.
Author: Samuel Purchas
Publisher:
ISBN:
Category : North America
Languages : en
Pages : 592
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Book Description
Author: Debora K. Shuger
Publisher: Univ of California Press
ISBN: 9780520213876
Category : History
Languages : en
Pages : 320
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Book Description
The book treats the Protestant cultures of northern Europe, particularly England, examining biblical commentaries, plays, poems, sermons, and treatises, as well as the often startling negotiations between these texts and other cultural discourses. In Shuger's hands, these biblical materials serve to illuminate, and often radically reinterpret, the dominant issues in contemporary Renaissance studies: gender, the body, colonialism, subjectivity, desire, law, and history. Her work forcefully demonstrates the cultural centrality of Renaissance religion.
Author: William Willis Boddie
Publisher:
ISBN:
Category : Census
Languages : en
Pages : 678
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Book Description
Author: Karl S. Bottigheimer
Publisher:
ISBN:
Category : British
Languages : en
Pages : 248
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Book Description
Author: Paul Cartledge
Publisher: Bloomsbury Academic
ISBN:
Category : History
Languages : en
Pages : 528
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Book Description
An account of a critical period of Greek history, focusing on a single career.
