Review of the fed and Lehman brothers: setting the record straight on a financial disaster,by Laurence Ball

Business Economics -     

Gentlemanly capitalism in New Zealand

This article responds to McAloon's contribution to this journal criticising the argument advanced by P.J. Cain and myself in British Imperialism . McAloon's research on Canterbury and Otago merits serious attention, but it is argued here that he is mistaken in claiming that it disproves the case we made for applying our concept of gentlemanly capitalism to New Zealand. Both the structure of 'settler capitalism' and the social characteristics of the settlers themselves provide a good fit with our interpretation. Nevertheless, McAloon deserves credit for putting this subject on the agenda, and it is to be hoped that other historians of New Zealand (and also of Australia) will now reconsider the relationship between the 'rules of the game' established by the imperial centre and the degrees of dependence experienced by the constituent parts of the empire.     

The Justice Motive in East Asia’s Territorial Disputes

Many of the most active and most dangerous security challenges in the Asia-Pacific region are generally seen to involve a complex amalgam of material and ideational conflicts. There is surprisingly little consideration, however, of the role of the justice motive. This article explores the role of the justice motive in the context of three specific maritime and territorial disputes: Dokdo/Takeshima, the Senkaku/Diaoyu Islands, and the South China Sea. What explains its intensity? How does it affect political salience, tractability, and danger of conflict? What are the available mechanisms and prospects for resolving justice conflicts?     

Quality indicators for academic nursing primary care centers

ANCs, by definition, deliver more than clinical services to patients and communities. The unique identifier that separates ANCs from other primary care/ambulatory care centers is the educational service they offer to students and other faculty in the school of nursing to which they belong. Therefore, measuring the quality of an ANC must include a measurement of the educational properties that it possesses in addition to the usual quality measurements by such organizations as AAAHC, JCAHO, CHAP, and AAACN. Unless these properties are included and measured by an ANC, it becomes difficult to justify the existence of such a clinic within a school of nursing. ANCs are encouraged to develop quality evaluation programs aimed at evaluating the educational aspects as well as the administrative and clinical aspects of their operations.     

Fashionable hospitality: A natural symbiosis for Hong Kong's tourism industry?

Despite the well-accepted synergy between shopping and tourism, co-branding between hotels and retail brands has not been realized by either academia or practitioners. Considering the international recognition of retail brands, hotel and retail co-branding may be a sustainable competitive advantage, especially in shopping destinations such as Hong Kong. Using a one-shot cross-sectional design, this study investigated potential consumer reactions and preferences about likely hotel and retail co-branding in Hong Kong and mainland China. Findings indicated several opportunities as well as threats for hotels and retail brands as well as the need to understand specific markets, especially mainland Chinese before venturing into hotel and retail co-branding. Practical implications and future research suggestions are provided.     

Consumer Information and Education Effects on Knowledge and Choice of Fire Resistant Upholstery

The effects of consumer education and information treatments on choice of alternative products are described. Knowledge of upholstery serviceability and flammability before and after these treatments is measured as well as simulated purchase behavior of 448 Canadian consumers. Subjects show an increase in knowledge between pre- and posttests. The choice of fire resistant upholstery differs among consumer information treatments but not among education treatments. The policy implications of these findings are discussed.     

An Exploration of Older Men's Social Lives and Well-Being in the Context of a Coffee Group

Recreation professionals continually strive to serve a host of diverse program constituents, while leisure researchers attempt to uncover barriers to leisure participation. Much of the barriers or constraints research has come from the perspective of program participants. This study identified, from the perspectives and experiences of 18 recreation professionals, the issues and barriers that they perceive inhibit recreation program access and availability to diverse constituents, particularly ethnic minority populations. Co-cultural theory, which integrates the concepts of muted group theory and standpoint theory, was utilized as the study's theoretical framework. In-depth interviews were utilized. Five primary barriers were identified that related to the changing faces of the community, the changing faces of management and staff, deferred program responsibility, language barriers, and negative attitudes and stereotypes held by some management and staff. This article demonstrates how these barriers impact leisure participation for disenfranchised groups. The findings suggest that recreation agencies, often unwittingly or unknowingly, foster organizational barriers that inhibit the perceived program accessibility or attractiveness to ethnic minorities. Implications for research and professional practice are explored.     

A pigovian rule for the optimum provision of public goods

The integrated treatment of optimal taxation and public expenditure presented here is based on the dual relationship between the prices of private goods and the quantities of public goods. The conditions for optimum public good provision can be expressed as a modification of the Samuelson conditions with extra terms representing (a) the distortionary effect of taxes on the willingness to pay for the public good, and (b) distributional effects. The former captures Pigou's notion of the indirect damage caused by the need to finance public expenditure out of distortionary taxes, and we call this the ‘Pigou term’. In certain cases a very simple benefit-cost ratio for public projects emerges that is equivalent to measuring benefits as if they were taxed.