Tips for Managing Yearly Fishing Income

When summer fishing season is over, it’s time to act on financial strategies for your fishing business. This publication will help you organize a financial management to-do list: meet your tax preparer, strategize long-term investment in your operation, pay down debts, and save for retirement and next year's start-up. Whether captain or crew, the season is not done until bills are settled, the boat is winterized, taxes are estimated, and business, family, and personal financial needs are evaluated.Ye

Proceedings of the Conference on Human and Economic Resources

Standard mortgage borrowing practices are incorporated into a model of the loanable funds market. Contrary to the Taylor rule (which is for short-term rates), in this model an increase in inflation causes the long-term nominal rate to rise by a smaller amount, leaving the real rate lower. In turn, the lower long-term real interest rate stimulates investment, growth, and employment. As in the recent literature on the New Keynesian Phillips Curve, the long-run Phillips curve produced by this model is not vertical, and money is not neutral. Higher inflation reduces unemployment in the long run, even when inflationary expectations are fulfilled. The cause of this violation of the classical dichotomy is bounded rationality: to simplify a complex decision regarding how much to borrow, home buyers erroneously focus on their payment-to-income ratio, which is a function of the nominal interest rate, not the real interest rate. Central-Bank success at fighting inflation diverts loanable funds for productive investment into housing and other consumer durables.mortgage, loanable funds, bounded rationality, Phillips Curve, Monetary Neutrality

Review of the 2006 Trademark Decisions of the Federal Circuit

The United States Court of Appeals for the Federal Circuit delivered only seven precedential trademark opinions in 2006. The Court addressed a range of substantive issues including trade dress configuration, reverse passing off, and genericism. Notably, two of the seven precedential decisions involved plant names protected by the Plant Variety Protection Act. The Court decided only one case in 2006 where the primary issue was procedural, rather than substantive. In that case, the Court sided with the Trademark Trial and Appeal Board and affirmed its decision on the applicability of the res judicata doctrine. In 2006, as in previous years, appellants faced a difficult challenge in convincing the Federal Circuit to overturn the Trademark Trial and Appeal Board\u27s findings and determinations. Only one of the eight Board decisions appealed to the Federal Circuit was overturned. The Federal Circuit also affirmed rulings by a federal district court and the International Trade Commission. The Court affirmed in every trademark decision it published, and designated four out of the total eleven of its trademark decisions as not citable precedent. All four non-precedential decisions dealt with the application of the In re E.I. DuPont de Nemours & Co. factors for likelihood of confusion

Review of the 2006 Trademark Decisions of the Federal Circuit

The United States Court of Appeals for the Federal Circuit (“Federal Circuit”) delivered only seven precedential trademark opinions in 2006. This small proportion of trademark cases is consistent with the court’s docket in recent years. This year, the court addressed a range of interesting substantive issues including trade dress configuration, reverse passing off, and genericism. Notably, two of the seven precedential decisions involved plant names protected by the Plant Variety Protection Act. The Federal Circuit decided only one case in 2006 where the primary issue was procedural, rather than substantive. In that case, discussed below, the Federal Circuit sided with the Trademark Trial and Appeal Board (“the Board”), and affirmed its decision on the applicability of the res judicata doctrine. This year proved once again that appellants face a stiff challenge in convincing the Federal Circuit to overturn the Board’s findings and determinations. Of the eight Board decisions appealed to the Federal Circuit, only one was overturned. Also, the Federal Circuit affirmed rulings by a federal district court and the International Trade Commission (“ITC”). This year, the Federal Circuit affirmed in every trademark decision it published. In 2006, as in years past, the Federal Circuit has designated a good portion of its trademark decisions as not citable precedent. Four out of the total eleven trademark cases were unpublished. All four non-precedential decisions dealt with the application of the In re E.I. DuPont de Nemours & Co. factors for likelihood of confusion

Can One Be Spiritual But Not Religious?

In lieu of an abstract, below is the essay\u27s first paragraph. How many times have you heard the statement that I am spiritual, but not religious. It is so common that it could easily qualify as a contemporary cliché. But what does it mean? In a former time to be spiritual was to be religious: they meant pretty much the same thing. Today, however, spirituality can refer to a hundred different things, from self-care to mysticism, from yoga to a psychological power of positive thinking. And the diversity of the different kinds of religion, from the recognized world religions to emergent communities, is staggering. So one cannot take for granted that we know what the self-description really means

The Theories and Physiology of Hibernation

One of the most interesting phases of the life history of any animal is its life in the winter when conditions of temperature and food supply are generally very adverse. The fact that some animals have the ability to meet these conditions by hibernating gives them a particular interest to not only the naturalist, but the physiologist and anatomist as well. In recent years a great deal of interest has been given to this field in respect to its surgical application, especially in the field of cardiovascular and cerebral surgery

Community of Support: Moving Toward Indirect Regulation of the Hedge Fund Industry, 3 J. Marshall Global Mkt. L.J. 1 (2014)

The popularity of hedge funds has exponentially increased over the past decade due to the unparalleled gains that hedge funds present for investors. However, hedge funds remain largely unregulated in comparison to other financial instruments such as traditional stocks and derivatives. The emergence of the hedge fund as a component of the financial industry has brought with it questions pertaining to the optimal method of hedge fund regulation. The foremost concern in regulating hedge funds is to strike a balance between market stability and investor protection. In order to do so, an equilibrium must be found between leaving hedge funds unrestrained on the one hand, so that hedge funds can utilize innovative strategies and provide the unique benefits they offer to investors, and imposing regulation on hedge funds on the other hand, in order to protect investors and the economy against pertinent and systemic economic risks. This Article argues for a more indirect system of regulation of hedge funds, rather than a more direct system of regulation. This Article proposes and argues for an architecture of law and policy that would seek to strike the necessary regulatory balance that the Article describes. In doing so, this Article critically analyzes, in light of the needs, benefits, and qualities of hedge funds, the historical impacts and regulatory merits of the Investment Advisors Act of 1940, the Investment Companies Act of 1940, Goldstein v. U.S. Securities and Exchange Commission, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and the regimes of registration and disclosure that are contemplated by such laws

The ethics of gifted education: What can we learn from medical ethics?

In developed countries, education, like medical provision, is a key focus of social welfare. Recent years have seen a tendency to compare education to medicine in the call for evidence-based policy and practice. The problematical aspects of this are significant and have been explored elsewhere. This essay suggests an area for more fruitful comparison between the two domains: a consideration of how the ethical principles informing the medical profession might shed light on the ethics of gifted education. Since the time of Hippocrates medical practitioners have been concerned to ground their activities in a set of ethical principles that govern the doctor–patient relationship and reflect wider conceptions of a good society. These principles may be grouped into four key areas: • respect for autonomy • beneficence • non-maleficence (doing no harm) • justice. This essay considers the extent to which these principles overlap with, and might inform, the ethics of gifted education. In particular, it seeks to identify and explore key ethical issues and tensions in gifted education related to them, including: • respect for autonomy: consent and the right to underachieve • beneficence: what good is done by gifted education, and to whom • non-maleficence: the character and competing claims of potential harms to gifted students and others • justice: equal rights for giftedness as a special educational need; distributive justice and parity of esteem