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Remembering Inflation

Remembering Inflation
Author: Brigitte Granville
Publisher: Princeton University Press
Total Pages: 296
Release: 2013-07-28
Genre: Business & Economics
ISBN: 1400846447

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Why we need to heed the lessons of high inflation Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the "Great Inflation" that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that monetary economists and policymakers need to keep the lessons learned during that period very much in mind, lest we return to them by making the same mistakes we made in the past. Granville details the advances in macroeconomic thinking that gave rise to the "Great Moderation"—a period of stable inflation and economic growth, which lasted from the mid-1980s through the most recent financial crisis. She makes the case that the central banks' management of monetary policy—hinging on expectations and credibility—brought about this period of stability, and traces the roots of this success back to the eighteenth-century foundations of modern monetary thought. Tackling fundamental questions such as the causes of inflation and its relation to unemployment and growth, the natural rate of inflation hypothesis, the fiscal theory of the price level, and the proper goals of central banks, the book aims above all to demonstrate the dangers of forgetting the role of credibility in establishing sound monetary policy. With the lessons of the past firmly in mind, Granville presents stimulating ideas and proposals about inflation-targeting principles, which provide tools for present-day monetary authorities dealing with the forces of globalization, mercantilism, and reserve accumulation.


The Truth About Inflation

The Truth About Inflation
Author: Paul Donovan
Publisher: Routledge
Total Pages: 246
Release: 2015-03-27
Genre: Business & Economics
ISBN: 1317690036

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Inflation is a simple topic, in that the basic concepts are something that everyone can understand. However, inflation is not a simplistic topic. The composition of inflation and what the different inflation measures try to represent cannot be summarised with a single line on a chart or a casual reference to a solitary data point. Investors very often fail to understand the detail behind inflation, and end up making bad investment decisions as a result. The Truth About Inflation does not set out to forecast inflation, but to help improve its understanding, so that investors can make better decisions to achieve the real returns that they need. Starting with a summary of long history of inflation, the drivers of price change are considered. Many of the "urban myths" that have built up about inflation are shown to be a consequence of irrational judgement or political scaremongering. Some behaviour, like the unhealthy veneration of gold as a means of inflation protection, is shown to be the result of historical accident. In the modern era of lower nominal investment returns, inflation inequality (whereby some groups experience persistently higher inflation than others) is a very important consideration. This book sets out the realities of price changes in the modern investing environment, without using economic equations or jargon. It gives investors the framework they need to think about inflation and how to protect themselves against it, whether the aggregate inflation of the future rises or falls from current levels.


The Science of False Memory

The Science of False Memory
Author: C. J. Brainerd
Publisher: Oxford University Press
Total Pages: 578
Release: 2005-05-05
Genre: Psychology
ISBN: 0190288485

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Findings from research on false memory have major implications for a number of fields central to human welfare, such as medicine and law. Although many important conclusions have been reached after a decade or so of intensive research, the majority of them are not well known outside the immediate field. To make this research accessible to a much wider audience, The Science of False Memory has been written to require little or no background knowledge of the theory and techniques used in memory research. Brainerd and Reyna introduce the volume by considering the progenitors to the modern science of false memory, and noting the remarkable degree to which core themes of contemporary research were anticipated by historical figure such as Binet, Piaget, and Bartlett. They continue with an account of the varied methods that have been used to study false memory both inside and outside of the laboratory. The first part of the volume focuses on the basic science of false memory, revolving around three topics: old and new theoretical ideas that have been used to explain false memory and make predictions about it; research findings and predictions about false memory in normal adults; and research findings and predictions about age-related changes in false memory between early childhood and adulthood. Throughout Part I, Brainerd and Reyna emphasize how current opponent-processes conceptions of false memory act as a unifying influence by integrating predictions and data across disparate forms of false memory. The second part focuses on the applied science of false memory, revolving around four topics: the falsifiability of witnesses and suspects memories of crimes, including false confessions by suspects; the falsifiability of eyewitness identifications of suspects; false-memory reports in investigative interviews of child victims and witnesses, particularly in connection with sexual-abuse crimes; false memory in psychotherapy, including recovered memories of childhood abuse, multiple-personality disorders, and recovered memories of previous lives. Although Part II is concerned with applied research, Brainerd and Reyna continue to emphasize the unifying influence of opponent-processes conceptions of false memory. The third part focuses on emerging trends, revolving around three expanding areas of false-memory research: mathematical models, aging effects, and cognitive neuroscience. False Memory will be an invaluable resource for professional researchers, practitioners, and students in the many fields for which false-memory research has implications, including child-protective services, clinical psychology, law, criminal justice, elementary and secondary education, general medicine, journalism, and psychiatry.


Remembering the 1980 Turkish Military Coup d‘État

Remembering the 1980 Turkish Military Coup d‘État
Author: Elifcan Karacan
Publisher: Springer
Total Pages: 186
Release: 2015-11-20
Genre: Social Science
ISBN: 3658113200

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In her research studies, Elifcan Karacan shows the relation between trauma, violence and memory with a specific focus on the events considering the 1980 Military Coup d‘État in Turkey. Based on collective memory theories and cultural trauma theories, the author focuses on the reconstruction of the past in present times and memory practices, such as commemorations, anniversaries, construction of memory-places (museums). This book seeks for an understanding of collective memory within individual narrations and mnemonic practices by using narrative interviews and biographical case reconstruction methods.


Memory

Memory
Author: Dmitriĭ Vladimirovich Nikulin
Publisher:
Total Pages: 422
Release: 2015
Genre: Literary Criticism
ISBN: 0199793840

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In recent decades, memory has become one of the major concepts and a dominant topic in philosophy, sociology, politics, history, science, cultural studies, literary theory, and the discussions of trauma and the Holocaust. In contemporary debates, the concept of memory is often used rather broadly and thus not always unambiguously. For this reason, the clarification of the range of the historical meaning of the concept of memory is a very important and urgent task. This volume shows how the concept of memory has been used and appropriated in different historical circumstances and how it has changed throughout the history of philosophy. In ancient philosophy, memory was considered a repository of sensible and mental impressions and was complemented by recollection-the process of recovering the content of past thoughts and perceptions. Such an understanding of memory led to the development both of mnemotechnics and the attempts to locate memory within the structure of cognitive faculties. In contemporary philosophical and historical debates, memory frequently substitutes for reason by becoming a predominant capacity to which one refers when one wants to explain not only the personal identity but also a historical, political, or social phenomenon. In contemporary interpretation, it is memory, and not reason, that acts in and through human actions and history, which is a critical reaction to the overly rationalized and simplified concept of reason in the Enlightenment. Moreover, in modernity memory has taken on one of the most distinctive features of reason: it is thought of as capable not only of recollecting past events and meanings, but also itself. In this respect, the volume can be also taken as a reflective philosophical attempt by memory to recall itself, its functioning and transformations throughout its own history.


The Foundations of Remembering

The Foundations of Remembering
Author: James S. Nairne
Publisher: Psychology Press
Total Pages: 561
Release: 2011-12-06
Genre: Psychology
ISBN: 1136872205

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The Foundations of Remembering presents a collection of essays written by top memory scholars in honor of Henry L. Roediger III. The chapters were originally delivered as part of the "Roddyfest" conference held in March 2005 to celebrate Purdue University's awarding of an honorary doctor of letters to Roediger in recognition of his many contributions to the field of psychology. Authors were given a simple charge: choose your own topic, but place your work in historical context. Roediger is fascinated by the intellectual lineage of ideas, so addressing historical "foundations" seemed a fitting tribute. The Chapters contained in this volume help to establish the foundations of remembering, circa the first decade of the 21st century, as perceived by some of the leading memory researchers in the world. Not surprisingly, each of the chapters touches on Roediger's research as well, largely because his work has helped to define and clarify many topics of interest to the memory field. The Foundations of Remembering is intended for a wide audience: students, scholars, and anyone interested in exploring the historical and conceptual roots of modern memory theory.


Learning and Memory

Learning and Memory
Author: W. Scott Terry
Publisher: Taylor & Francis
Total Pages: 452
Release: 2023-05-25
Genre: Psychology
ISBN: 1000859789

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Learning and Memory provides a balanced review of the core methods and the latest research on animal learning and human memory. Topical coverage ranges from the basic and central processes of learning, including classical and instrumental conditioning and encoding and storage in long-term memory, to topics not traditionally covered, such as spatial learning, motor skills, and implicit memory. The general rules of learning are reviewed along with the exceptions, limitations, and best applications of these rules. Alternative approaches to learning and memory, including cognitive, neuroscientific, functional, and behavioral, are also discussed. Individual differences in age, gender, learning abilities, and social and cultural background are explored throughout the text and presented in a dedicated chapter. The relevance of basic principles is highlighted throughout the text with everyday examples that ignite reader interest in addition to more traditional examples from human and animal laboratory studies. Research examples are drawn from education, neuropsychology, psychiatry, nursing, and ecological (or everyday) memory. Each chapter begins with an outline and concludes with a detailed summary. Applications and extensions are showcased in text boxes as well as in distinct applications sections in every chapter, and review and recapitulation sections are interspersed throughout the chapters.


The Great Inflation and Its Aftermath

The Great Inflation and Its Aftermath
Author: Robert J. Samuelson
Publisher: Random House Trade Paperbacks
Total Pages: 353
Release: 2010-01-26
Genre: Business & Economics
ISBN: 0812980042

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The Great Inflation in the 1960s and 1970s, notes award-winning columnist Robert J. Samuelson, played a crucial role in transforming American politics, economy, and everyday life. The direct consequences included stagnation in living standards, a growing belief—both in America and abroad—that the great-power status of the United States was ending, and Ronald Reagan’s election to the presidency in 1980. But that is only half the story. The end of high inflation led to two decades of almost uninterrupted economic growth, rising stock prices and ever-increasing home values. Paradoxically, this prolonged prosperity triggered the economic and financial collapse of 2008 and 2009 by making Americans—from bank executives to ordinary homeowners—overconfident, complacent, and careless. The Great Inflation and its Aftermath, Samuelson contends, demonstrated that we have not yet escaped the boom-and-bust cycles common in the nineteenth and early twentieth centuries. This is a sobering tale essential for anyone who wants to understand today’s world.


Reducing Inflation

Reducing Inflation
Author: Christina D. Romer
Publisher: University of Chicago Press
Total Pages: 434
Release: 2007-12-01
Genre: Business & Economics
ISBN: 0226724832

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While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation. Section I discusses the consequences of inflation. These papers analyze inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's sense of well-being. Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970s, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries. This timely volume should be read by anyone who studies or conducts monetary policy.


Unelected Power

Unelected Power
Author: Paul Tucker
Publisher: Princeton University Press
Total Pages: 662
Release: 2019-09-10
Genre: Business & Economics
ISBN: 0691196303

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Tucker presents guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good.