Weather forecast or rain-dance? On inter-war business barometers

In this paper, I use the materials of the debate on the reliability and the utility of “business barometers” of the Twenties in order to show that the theoretical reflexions of the time could be used by economic historians as a working hypothesis to analyze the influence exerted by circulating statistical data on the decisions of economic operators and institutions. I offer a short illustration of the origins and circulation of economic trends forecasting in the first decades of 20th century, paying particular attention to the critical attitude shown by Corrado Gini and Oskar Morgenstern and to the debate arisen inside the Harvard Committee for Economic Research on the inefficiency of its “index of economic conditions” during the 1929 crisis. I finally suggest that thorough research on the circulation and the influence exerted by the Harvard index on the business world, still after the slump in prices of New York Stock Exchange, could contribute to explain the behaviour of American businessmen and investors during the first Thirties, and the deepening of the crisis.Economic forecasts, 1930s crisis, US

International migration in New Zealand: Context, components and policy issues

This paper explores Aotearoa/New Zealand’s distinctive heritage as both a ‘traditional land of immigration’ as well as a ‘country of emigration’, with particular reference to contemporary policy issues and research initiatives. An underlying theme of the argument is the need for an approach which takes account of all types of movement into and out of the country when researching immigration, both as a process and as a policy domain

The Duplicity of Online Behavior

People commonly believe that any form of deception, no matter how innocuous it is and no matter whether the deceiving person intended it otherwise, is always morally wrong. In this paper, I will argue that deceiving in real-time is morally distinguishable from deceiving on-line because online actions aren’t as fine-grained as actions occurring in real-time. Our failure to detect the fine-grained characteristics of another avatar leads us to believe that that avatar intended to do a moral harm. Openly deceiving someone on Facebook or Twitter is not a way to build wholesome virtual friendships but to destroy them. This paper will show how the traditional understanding of the doing / allowing distinction fails to apply in cyberspace

Brief History of Quantum Cryptography: A Personal Perspective

Quantum cryptography is the only approach to privacy ever proposed that allows two parties (who do not share a long secret key ahead of time) to communicate with provably perfect secrecy under the nose of an eavesdropper endowed with unlimited computational power and whose technology is limited by nothing but the fundamental laws of nature. This essay provides a personal historical perspective on the field. For the sake of liveliness, the style is purposely that of a spontaneous after-dinner speech.Comment: 14 pages, no figure

Spartan Daily, December 8, 1995

Volume 105, Issue 68https://scholarworks.sjsu.edu/spartandaily/8783/thumbnail.jp

Innovation After the Revolution: Foreign Sovereign Bond Contracts Since 2003

For over a decade, contracts literature has focused on standardization. Scholars asked how terms become standard, and why they change so rarely. This line of inquiry painted a world where a standard term persists until it is dislodged by another standard term, perhaps after a brief window of ferment before the second term takes hold. It also overshadowed the early insights of boilerplate theories, which described contracts as a mix of standard and customized terms, and asked why the mix might be suboptimal. This article brings the focus back to the mix. It examines the development of selected provisions in sovereign bond contracts after a widely publicized boilerplate shift in 2003. The adoption of collective action clauses in sovereign bonds five years ago moved the documentation standard in New York closer to the prevailing practice in London. However, contrary to expectations, the shift away from old boilerplate did not lead to convergence around new boilerplate. Issuers in London and, to a lesser extent, in New York, have been experimenting with diverse formulations and institutional arrangements, including trustees and creditor committees. The contracts we study, as well as our interviews with practitioners and officials, suggest that standardization may be a matter of degree, that the degree of standardization may vary across different markets, and that a shock of the sort that led the 2003 shift may dislodge a previously standard term without replacing it with a new standard - erstwhile boilerplate becomes a platform for customization