What Large Deficits Will Do If They Continue (And What Will Happen If They Are Reduced)

Projections of deficits in excess of $200 billion a year through 1990 and beyond have raised considerable concern about the economic damage they will cause. Yet, many find it hard to describe exactly what harm deficits will bring, or how such harm will come about. This report provides a brief qualitative description of what economic analysis suggests that large deficits will do to the economy, and what the likely consequences of their reduction will be

What Large Deficits Will Do If They Continue (And What Will Happen If They Are Reduced)

Projections of deficits in excess of $200 billion a year through 1990 and beyond have raised considerable concern about the economic damage they will cause. Yet, many find it hard to describe exactly what harm deficits will bring, or how much harm will come about. This report provides a brief qualitative description of what economic analysis suggests that large deficits will do to the economy, and what the likely consequences of their reduction will be

Inference of oxygen vacancies in hydrothermal Na0.5Bi0.5TiO3

A high-resolution x-ray powder diffraction study has been made of pseudo-rhombohedral and tetragonal phases in Na0.5Bi0.5TiO3 (NBT), produced via hydrothermal and conventional solidstate methods. Hydrothermal NBT exhibits significantly greater structural distortion at room temperature than solid-state NBT. Peak widths and superstructure peak intensities show a phase transition at 305 C, with trends suggesting that the structure tends towards cubic symmetry at this temperature. Structural refinements indicate that the transition occurs via a phase coexistence region with no clear intermediate phase. Piezoelectric data show evidence of polarisation pinning in hydrothermal NBT, interpreted as a high proportion of oxygen vacancies

The Transition from Hyperinflation to Stability: Some Evidence

Phillip Cagan (1956) hypothesized

Identification of the Dynamics of Biofouled Underwater Gliders

Marine growth has been observed to cause a drop in the horizontal and vertical velocities of underwater gliders, thus making them unresponsive and needing immediate recovery. Currently, no strategies exist to correctly identify the onset of marine growth for gliders and only limited datasets of biofouled hulls exist. Here, a field test has been run to investigate the impact of marine growth on the dynamics of underwater gliders. A Slocum glider was deployed first for eight days with drag stimulators to simulate severe biofouling; then the vehicle was redeployed with no additions to the hull for a further 20 days. The biofouling caused a speed reduction due to a significant increase in drag. Additionally, the lower speed causes the steady-state flight stage to last longer and thus a shortening of mission duration. As actual biofouling due to p. pollicipes happened during the deployment, it was possible to develop and test a system that successfully detects and identifies high levels of marine growth on the glider using steady-state flight data. The system will greatly help pilots re-plan missions to safely recover the vehicle if significant biofouling is detected

Populations of high-value predators reflect the traits of their prey

The extent to which prey traits combine to influence the abundance of predators is still poorly understood, particularly for mixed predators in sympatry and in aquatic ecosystems. In this study, we characterise prey use and distribution in iconic bird (grey wagtails and Eurasian dippers) and fish species (brown trout and Atlantic salmon) to assess whether prey traits could predict populations of these four riverine predators. Specifically, we hypothesised that: 1) prey key traits would predict predator populations more effectively than 2) diversity of prey traits, 3) the taxonomic abundance or richness of prey (known as traditional or mass‐effect types of biodiversity) or 4) the prevailing environmental conditions. Combined predator population sizes were predicted better by a few key traits – specifically those revealing prey habitat use, size and drifting behaviour – than by prey diversity or prey trait diversity or environmental conditions. Our findings demonstrate that the complex relationships between prey assemblages and multiple predator species can be represented mechanistically when the key prey traits that govern encounter and consumption rates are identified. Given their apparent potential to reveal trophic relationships, and to complement more traditional measures of prey abundance, we advocate further development of trait‐based approaches in predator–prey research

The Building of Galactic Disks: Insights from the Triangulum Spiral Galaxy Messier 33

The Triangulum Spiral Galaxy Messier 33 offers unique insights into the building of a galactic disk. We identify spectacular arcs of intermediate age (0.6 Gyr - 2 Gyr) stars in the low-metallicity outer disk. The northern arc spans approx. 120 degrees in azimuth and up to 5 arcmin in width. The arcs are located 2-3 disk scale lengths from the galaxy centre (where 1 disk scale length is equivalent to 0.1 degrees in the V-band) and lie precisely where there is a warp in the HI profile of M33. Warps and infall are inextricably linked (Binney, 1992). We present spectroscopy of candidate stars in the outer northern arc, secured using the Keck I telescope in Hawaii. The target stars have estimated visual magnitudes as faint as V ~ 25m. Absorption bands of CN are seen in all spectra reported in this review talk, confirming their carbon star status. Also presented are PAH emissivity radial profiles generated from IRAC observations of M33 using the Spitzer Space Telescope. A dramatic change of phase in the m=2 Fourier component is detected at the domain of the arcs. M33 serves as an excellent example how the disks of spiral galaxies in our Universe are built: as dynamically open systems, growing from the inward, outward.Comment: Invited review paper presented at IAU Simposium 235, Galaxy Evolution Across the Hubble Time, Prague. To be published by Cambridge University Press, eds. F. Combes & J. Palou