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Author: David Schleicher
Publisher: Oxford University Press
ISBN: 0197629156
Category :
Languages : en
Pages : 249
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Book Description
An authoritative review of the long history of federal responses to state and local budget crises, from Alexander Hamilton through the COVID-19 pandemic, that reveals what is at stake when a state or city can't pay its debts and provides policy solutions to an intractable American problem. What should the federal government do if a state like Illinois or a city like Chicago can't pay its debts? From Alexander Hamilton's plan to assume state debts to Congress's efforts to respond to the COVID-19 pandemic, many of the most important political disputes in American history have involved federal government responses to state or local fiscal crises. In a Bad State provides the first comprehensive historical and theoretical analysis of how the federal government has addressed subnational debt crises. Tracing the long history of state and local borrowing, David Schleicher argues that federal officials want to achieve three things when a state or city nears default: prevent macroeconomic distress, encourage lending to states and cities to build infrastructure, and avoid creating incentives for reckless future state budgeting. But whether they demand state austerity, permit state defaults, or provide bailouts-and all have been tried-federal officials can only achieve two of these three goals, at best. Rather than imagining that there is a single easy federal solution, Schleicher suggests some ways the federal government could ameliorate the problem by conditioning federal aid on future state fiscal responsibility, spreading losses across governments and interests, and building resilience against crises into federal spending and tax policy. Authoritative and accessible, In a Bad State offers a guide to understanding the pressing fiscal problems that local, state, and federal officials face, and to the policy options they possess for responding to crises.
Author: David Schleicher
Publisher: Oxford University Press
ISBN: 0197629156
Category :
Languages : en
Pages : 249
Get Book Here
Book Description
An authoritative review of the long history of federal responses to state and local budget crises, from Alexander Hamilton through the COVID-19 pandemic, that reveals what is at stake when a state or city can't pay its debts and provides policy solutions to an intractable American problem. What should the federal government do if a state like Illinois or a city like Chicago can't pay its debts? From Alexander Hamilton's plan to assume state debts to Congress's efforts to respond to the COVID-19 pandemic, many of the most important political disputes in American history have involved federal government responses to state or local fiscal crises. In a Bad State provides the first comprehensive historical and theoretical analysis of how the federal government has addressed subnational debt crises. Tracing the long history of state and local borrowing, David Schleicher argues that federal officials want to achieve three things when a state or city nears default: prevent macroeconomic distress, encourage lending to states and cities to build infrastructure, and avoid creating incentives for reckless future state budgeting. But whether they demand state austerity, permit state defaults, or provide bailouts-and all have been tried-federal officials can only achieve two of these three goals, at best. Rather than imagining that there is a single easy federal solution, Schleicher suggests some ways the federal government could ameliorate the problem by conditioning federal aid on future state fiscal responsibility, spreading losses across governments and interests, and building resilience against crises into federal spending and tax policy. Authoritative and accessible, In a Bad State offers a guide to understanding the pressing fiscal problems that local, state, and federal officials face, and to the policy options they possess for responding to crises.
Author: David Schleicher
Publisher:
ISBN: 9780197629185
Category : Debts, Public
Languages : en
Pages : 0
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Book Description
"Scholars writing about how the federal government should respond to state and local fiscal stress fall into roughly two camps. One group argues that federal bailouts create excessive moral hazard. Another group argues that federal aid is instead a necessary form of macroeconomic stimulus given the pro-cyclical nature of state budgets. While this debate is important, it is incomplete. This chapter will show that there is another consideration that has often been the dominant concern in federal responses to state and local budget crises: maintaining the ability of states and cities to borrow to build infrastructure and make other investments. It will explain how these three interests - avoiding moral hazard, stimulating the economy during recessions, and preserving state capacity to borrow - interact, laying out a "trilemma" at the core of federal responses to state and local budget crises"--
Author: Great Britain. Parliament. House of Lords
Publisher:
ISBN:
Category :
Languages : en
Pages : 648
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Book Description
Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309068371
Category : Medical
Languages : en
Pages : 312
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Book Description
Experts estimate that as many as 98,000 people die in any given year from medical errors that occur in hospitals. That's more than die from motor vehicle accidents, breast cancer, or AIDSâ€"three causes that receive far more public attention. Indeed, more people die annually from medication errors than from workplace injuries. Add the financial cost to the human tragedy, and medical error easily rises to the top ranks of urgent, widespread public problems. To Err Is Human breaks the silence that has surrounded medical errors and their consequenceâ€"but not by pointing fingers at caring health care professionals who make honest mistakes. After all, to err is human. Instead, this book sets forth a national agendaâ€"with state and local implicationsâ€"for reducing medical errors and improving patient safety through the design of a safer health system. This volume reveals the often startling statistics of medical error and the disparity between the incidence of error and public perception of it, given many patients' expectations that the medical profession always performs perfectly. A careful examination is made of how the surrounding forces of legislation, regulation, and market activity influence the quality of care provided by health care organizations and then looks at their handling of medical mistakes. Using a detailed case study, the book reviews the current understanding of why these mistakes happen. A key theme is that legitimate liability concerns discourage reporting of errorsâ€"which begs the question, "How can we learn from our mistakes?" Balancing regulatory versus market-based initiatives and public versus private efforts, the Institute of Medicine presents wide-ranging recommendations for improving patient safety, in the areas of leadership, improved data collection and analysis, and development of effective systems at the level of direct patient care. To Err Is Human asserts that the problem is not bad people in health careâ€"it is that good people are working in bad systems that need to be made safer. Comprehensive and straightforward, this book offers a clear prescription for raising the level of patient safety in American health care. It also explains how patients themselves can influence the quality of care that they receive once they check into the hospital. This book will be vitally important to federal, state, and local health policy makers and regulators, health professional licensing officials, hospital administrators, medical educators and students, health caregivers, health journalists, patient advocatesâ€"as well as patients themselves. First in a series of publications from the Quality of Health Care in America, a project initiated by the Institute of Medicine
Author: Konstantinos N. Zafeiris
Publisher: John Wiley & Sons
ISBN: 1786307723
Category : Computers
Languages : en
Pages : 452
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Book Description
The scientific field of data analysis is constantly expanding due to the rapid growth of the computer industry and the wide applicability of computational and algorithmic techniques, in conjunction with new advances in statistical, stochastic and analytic tools. There is a constant need for new, high-quality publications to cover the recent advances in all fields of science and engineering. This book is a collective work by a number of leading scientists, computer experts, analysts, engineers, mathematicians, probabilists and statisticians who have been working at the forefront of data analysis and related applications. The chapters of this collaborative work represent a cross-section of current concerns, developments and research interests in the above scientific areas. The collected material has been divided into appropriate sections to provide the reader with both theoretical and applied information on data analysis methods, models and techniques, along with related applications.
Author: Yuanqing Xia
Publisher: Springer Science & Business Media
ISBN: 364217924X
Category : Technology & Engineering
Languages : en
Pages : 204
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Book Description
Analysis and Synthesis of Networked Control Systems focuses on essential aspects of this field, including quantization over networks, data fusion over networks, predictive control over networks and fault detection over networks. The networked control systems have led to a complete new range of real-world applications. In recent years, the techniques of Internet of Things are developed rapidly, the research of networked control systems plays a key role in Internet of Things. The book is self-contained, providing sufficient mathematical foundations for understanding the contents of each chapter. It will be of significant interest to scientists and engineers engaged in the field of Networked Control Systems. Dr. Yuanqing Xia, a professor at Beijing Institute of Technology, has been working on control theory and its applications for over ten years.
Author: Omar Azfar
Publisher: University of Michigan Press
ISBN: 9780472068173
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
Shows how governments and markets are complementary rather than opposing forces
Author: Harlan Weaver
Publisher: University of Washington Press
ISBN: 0295748036
Category : Social Science
Languages : en
Pages : 231
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Book Description
Fifty-plus years of media fearmongering coupled with targeted breed bans have produced what could be called “America’s Most Wanted” dog: the pit bull. However, at the turn of the twenty-first century, competing narratives began to change the meaning of “pit bull.” Increasingly represented as loving members of mostly white, middle-class, heteronormative families, pit bulls and pit bull–type dogs are now frequently seen as victims rather than perpetrators, beings deserving not fear or scorn but rather care and compassion. Drawing from the increasingly contentious world of human/dog politics and featuring rich ethnographic research among dogs and their advocates, Bad Dog explores how relationships between humans and animals not only reflect but actively shape experiences of race, gender, ethnicity, sexuality, nation, breed, and species. Harlan Weaver proposes a critical and queer reading of pit bull politics and animal advocacy, challenging the zero-sum logic through which care for animals is seen as detracting from care for humans. Introducing understandings rooted in examinations of what it means for humans to touch, feel, sense, and think with and through relationships with nonhuman animals, Weaver suggests powerful ways to seek justice for marginalized humans and animals together.
Author: Sanguthevar Rajasekaran
Publisher: CRC Press
ISBN: 1420011294
Category : Computers
Languages : en
Pages : 1224
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Book Description
The ability of parallel computing to process large data sets and handle time-consuming operations has resulted in unprecedented advances in biological and scientific computing, modeling, and simulations. Exploring these recent developments, the Handbook of Parallel Computing: Models, Algorithms, and Applications provides comprehensive coverage on a
Author: Doron A. Peled
Publisher: Springer Science & Business Media
ISBN: 9780387951065
Category : Computers
Languages : en
Pages : 356
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Book Description
This book presents current methods for dealing with software reliability, illustrating the advantages and disadvantages of each method. The description of the techniques is intended for a non-expert audience with some minimal technical background. It also describes some advanced techniques, aimed at researchers and practitioners in software engineering. This reference will serve as an introduction to formal methods and techniques and will be a source for learning about various ways to enhance software reliability. Various projects and exercises give readers hands-on experience with the various formal methods and tools.