The New Economy and the Dollar Puzzle: the Case of Australia

The revolutionary changes in information technology (IT), globalisation and financial innovation have overturned the Solow productivity paradox and spawned a New Economy (NE) in Australia in the late 1990s. Both growth accounting estimates and the use of the information superhighway ranks Australia next to the USA as a NE. Australia is an avid user but not a producer of IT that propels the NE. The debate on the need for a new paradigm for the new economy on the grounds that key mechanisms of the old paradigm have become obsolete is reviewed. The breakdown of the short-run Phillips curve tradeoff and the redundancy of the long-run speed limits to growth are examined and dismissed as poppycock both on theoretical and empirical grounds. The IT technology because it is subject to severe diminishing returns and problems of information overload fails to rank with the great inventions of the past and will not be a harbinger of the Third Industrial Revolution. Nonetheless, on the basis of the 'delay hypothesis' the dismissal of the case for a new paradigm for the NE may be premature at this stage. The paper also examines the puzzling nose-dive of the dollar during the first half of the year 2001. This occurred despite the strong macroeconomic fundamentals and the emergent NE. The paper concludes commenting on the policy reaction function for a small open NE committed to inflation targeting.

Compassion on University Degree Programmes at a UK University: The Neuroscience of Effective Group work

This article is published under the Creative Commons Attribution (CC BY 4.0) licence. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this licence may be seen at http://creativecommons.org/ licences/by/4.0/legalcodePurpose The purpose of this paper is to explore the neuroscience that underpins the psychology of compassion as a competency. We explain why this cognitive competency is now taught and assessed on modules of different degree subjects in a UK university. Design/methodology/approach The paper is divided into first, an exploration of recent psychology and neuroscience literature that illuminates the differences, and relationship, between empathy and compassion for safeness building in teams. Within that, the role of oxytocin in achieving social and intellectual rewards though the exercise of cognitive flexibility, working memory and impulsive inhibitory control (Zelazo, et al, 2016) is also identified. The literature findings are compared against relevant qualitative data from the above university’s, so far, nine years of mixed methods action research on compassion-focused pedagogy (CfP). Findings These are that the concept and practice of embedding compassion as a cognitive competency into assessed university group work is illuminated and rationalised by research findings in neuroscience. Research limitations/implications The limitations of the study are that, so far, fMRI research methods have not been used to investigate student subjects involved in the compassion-focused pedagogy now in use. Practical implications The paper has implications for theory, policy and practice in relation to managing the increasing amount of group work that accompanies widening participation in Higher Education. Originality/value A review of this kind specifically for student assessed group and its implications for student academic achievement and mental health has not, apparently, been publishedPeer reviewe

Two dimensional chromatographic analysis as a quality measure Of herbal extracts – Salvia Officinalis

Abstract: Background Homoeopathic mother tinctures and herbal extracts are used worldwide for medicinal purposes on the basis that the plant extract contains the active components essential for medicinal use. Quality analysis of samples ensures that the correct active components are present for medicinal use. Thin layer chromatography has been used extensively to determine the quality of plant extracts and could just as readily be applied to the assessment of quality of homoeopathic mother tinctures. The development of a multidimensional technique allows for greater quality analyses of these extracts. Materials and Methods The Salvia officinalis sample was extracted and the one dimensional thin layer chromatographic plate development of extracted sample was performed according to the German Homoeopathic Pharmacopoeia (GHP). Before the two dimensional thin layer chromatographic plates where run, different solvent systems were tested through a comparison of the resultant one dimensional thin layer chromatographic plates with that of the plate developed according to the GHP. The two dimensional thin layer chromatographic plate was developed in one direction using the eluent given in the GHP, the plate was then rotated 90 degrees and further developed using neat dichloromethane. Results and Conclusion The two dimensional thin layer chromatogram for the selected sample Salvia officinalis was successfully established. This results in a more extensive profile regarding the identification of the individual components present in the homoeopathic mother tincture. The further production of two dimensional chromatograms is essential to the expanded detailed analysis of individual products and potential raw material production of even higher standards

Studying Properties Of Xenon Doped Argon and Developing Optical Simulation Techniques for the LEGEND collaboration, a Neutrinoless Double Beta Decay Experiment

Neutrinoless double beta decay is a hypothesized lepton-number-violating process in which two neutrons decay to two protons, producing two electrons but no electron antineutrinos. The LEGEND collaboration will search for this decay in 76Ge. To improve the argon active veto for LEGEND-1000, xenon doped argon was explored as an alternative active volume. Simulations using argon doped with 10 ppm xenon and pure liquid argon were used to predict the light yield from cosmic muons in a 100 liter cryogenic vessel. The simulations predicted that xenon doping would yield 1.83+/-0.02 more light, while an increase of 1.81+/-0.05 was measured. From the simulation, a lower limit on the attenuation length of 5.0 m was found for argon doped with 10 ppm xenon. Alternative xenon doped light collection designs were explored using simulation for LEGEND-1000. It was found that all designs provided significant improvements on light collection for the LEGEND-1000 active veto

Lessons Learned from Mbombela, South Africa, in Public-Private Partnerships in the Water Sector

For urban dwellers around the world, basic water services are provided by city administrations. However, in developing countries, cities lack both the human and financial resources to ensure adequate services, particularly to some of their most vulnerable populations. As a result, public entities often consider turning to the private sector for assistance, which may lead to a series of adverse and unintended consequences. The following case study describes the experiences of the South African city of Mbombela, arguably one of the most successful Public-Private Partnerships (PPPs) in the water sector in sub-Saharan Africa, through its successes and challenges

Dynamical hologram generation for high speed optical trapping of smart droplet microtools

This paper demonstrates spatially selective sampling of the plasma membrane by the implementation of time-multiplexed holographic optical tweezers for Smart Droplet Microtools (SDMs). High speed (>1000fps) dynamical hologram generation was computed on the graphics processing unit of a standard display card and controlled by a user friendly LabView interface. Time multiplexed binary holograms were displayed in real time and mirrored to a ferroelectric Spatial Light Modulator. SDMs were manufactured with both liquid cores (as previously described) and solid cores, which confer significant advantages in terms of stability, polydispersity and ease of use. These were coated with a number of detergents, the most successful based upon lipids doped with transfection reagents. In order to validate these, trapped SDMs were maneuvered up to the plasma membrane of giant vesicles containing Nile Red and human biliary epithelial (BE) colon cancer cells with green fluorescent labeled protein (GFP)-labeled CAAX (a motif belonging to the Ras protein). Bright field and fluorescence images showed that successful trapping and manipulation of multiple SDMs in x, y, z was achieved with success rates of 30-50% and that subsequent membrane-SDM interactions led to the uptake of Nile Red or GFP-CAAX into the SDM

“Girls Go Green”- A Pre-College Summer Experience Focusing on Energy and the Environment [abstract]

Only abstract of poster available.Track III: Energy InfrastructureResearch has shown that female high school students are concerned about the environment and the impact they will have on it in the future. In the summer of 2008, the Missouri S&T Women's Leadership Institute and the Geological Engineering program co-sponsored a new pilot pre-college summer program for rising junior and senior girls interested in learning more about careers in engineering and science that specifically address these energy conservation and environmental issues. Twenty female high school students (12 seniors and 8 juniors), participated in a week-long residential camp featuring hands-on demonstrations from the Geological Engineering, Electrical Engineering, Materials Engineering, and Nuclear Engineering programs. Several field trips were conducted including one to a hydroelectric dam and another to a renewable energy research site which featured a wind turbine and a photovoltaic array. At the end of the week, students gave presentations about energy- or environment-related topics that they had developed during the week. All 12 seniors have applied for admission to Missouri S&T beginning in Fall 2009, and 8 of the 12 have expressed interest in enrolling in energy and environmental degree programs. The inaugural experience of this program has led to plans for recruiting a larger number of participants in the summer of 2009. The pre-college program may be a small step to addressing two important national goals: 1) attracting more high school students, especially girls, to study engineering and science; and 2) providing formal studies in green issues for future professionals

A Comparison of Women’s Travel to Mammography Services and Average Week Day Trip Length

Long travel distances/times to a mammography service may act as a barrier that hinders women from seeking screening mammography on a recommended schedule. Average weekday trip length data from the New South Wales Travel Survey was compared with the average distance women travelled to a mammography service, the difference was tested using the Wilcoxon Signed Rank Test. The distance travelled to mammography services was statistically greater than the average week day trip length from the New South Wales Travel Survey (4.3 km, 95% CI 3.3 to 5.9 kms, p,0.001). This study has identified that within New South Wales there is a significant difference between average week day trip length travel and client travel to mammography services. Therefore, highlighting that women are undertaking a greater than normal travel burden to access mammography services. The comparison of normal weekday travel and travel to mammography services has enabled the burden of travel to mammography services to be identified. Reducing the burden of travel to mammography services is pivotal to increasing the utilization of mammography services and reducing the inequalities in health comes

Water use of alternative wheatbelt crop species

84M5, 84M6, 84M7. Location: Merredin Research Station Merredin, Western Australia. Three experiments were conducted to measure the productivity and water use of alternative wheatbelt crop species on contrasting soil types in a dry mediterranean environment. Crop species investigated were wheat, barley, cereal rye, narrow leafed lupin and field pea. These were grown on three contrasting soil types, a red-brown earth, a sandy loam over clay and a deep loamy sand; all soils occurring within close proximity to each other. Detailed measurements were made of meteorological conditions, dry matter production, leaf area, root growth, soil water profiles, light interception and plant water status. This report gives the background and significance of the study, the methods employed and results obtained