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Progress through Regression: The Life Story of the Empirical Cobb-Douglas Production Function (Historical Perspectives on Modern Economics)
by Jeff E. BiddleThe Cobb-Douglas regression, a statistical technique developed to estimate what economists called a 'production function', was introduced in the late 1920s. For several years, only economist Paul Douglas and a few collaborators used the technique, while vigorously defending it against numerous critics. By the 1950s, however, several economists beyond Douglas's circle were using the technique, and by the 1970s, Douglas's regression, and more sophisticated procedures inspired by it, had become standard parts of the empirical economist's toolkit. This volume is the story of the Cobb-Douglas regression from its introduction to its acceptance as general-purpose research tool. The story intersects with the histories of several important empirical research programs in twentieth century economics, and vividly portrays the challenges of empirical economic research during that era. Fundamentally, this work represents a case study of how a controversial, innovative research tool comes to be widely accepted by a community of scholars.
Progress Without People: New Technology, Unemployment, and the Message of Resistance
by David F. NobleA provocative discussion of the role of technology and its accompanying rhetoric of limitless progress in the concomitant rise of joblessness and unemployment.
Progressive, 2007-2013
by Galen Danskin John R. WellsIn 2013, Progressive was the fourth largest player in the auto insurance market, having lost the third position to GEICO in 2008. As the industry shifted from agency to online sales, GEICO's direct selling model positioned it strongly for growth. Progressive's direct sales mix had increased from 36% of total sales in 2006 to 42% in 2012, well ahead of the industry average of around 25%. As a result, both Progressive and GEICO continued to gain ground on industry leaders, State Farm and Allstate, who sold less than 5% of their policies direct. In 2013, Progressive hoped to revolutionize the purchasing of auto insurance and to build its competitive position with Snapshot, a new usage-based pricing product. First introduced in 2011, Snapshot had low rates of adoption through 2012, but Progressive was redoubling its efforts in 2013 to educate consumers about the product's benefits, which included potential savings of as much as 30% for some drivers. Progressive was also intent on building share with customers who purchased multiple insurance policies since they tended to be more loyal and profitable. Whether these moves would be sufficient to catch up with GECIO was unclear, but they seemed to be working well against State Farm and Allstate.
The Progressive Alliance and the Rise of Labour, 1903-1922: Political Change In Industrial Britain
by Samantha WolstencroftThis book provides a detailed study of the politics of the Progressive Alliance at the constituency level from its inception in 1903 to collapse during the First World War. It evaluates the character, development and difficulties of progressive co-operation and considers the long-term viability of an electoral alliance between the Liberal and Labour parties. Samantha Wolstencroft provides an exhaustive analysis of political change in two of Britain’s major industrial centres, Manchester and Stoke-on-Trent, during a period that witnessed the decline of the Liberal Party and rise of Labour. She evaluates the difficulties faced by the early Labour Party in its attempt to attain a foothold within the political landscape, examines the impact of the experience of the First World War upon the political parties, and demonstrates the power of issues and the role of candidates in the transformation of electoral politics in Britain in the immediate aftermath of war.
Progressive Business Models: Creating Sustainable and Pro-Social Enterprise (Palgrave Studies in Sustainable Business In Association with Future Earth)
by László Zsolnai Eleanor O'HigginsThis book presents and analyses exemplary cases of progressive business, understood as ecologically sustainable, future-respecting and pro-social enterprise. The authors present a number of companies following progressive business practices from a range of industries including ethical and sustainable banking, artisan coffee production and distribution, pharmaceutical products, clean technology, governance in retailing, responsible hospitality and consumer goods. With case studies from around Europe such as Tridos Bank in The Netherlands, Béres Co. in Hungary, Novo Nordisk in Denmark, Lumituuli in Finland, John Lewis in the UK and Illy Café from Italy, these progressive companies have global reach and an international impact. The collected cases aim to show the best to be expected from business in the 21st century in a structured accessible way, suitable for any readers interested in innovative ways of creating forward-looking sustainable business.
Progressive Capitalism: How to Make Tech Work for All of Us
by Ro KhannaCongressman Ro Khanna offers a revolutionary, &“progressive&” (James J. Heckman, Nobel Prize winner and professor of economics at the University of Chicago) roadmap to facing America&’s digital divide, offering greater economic prosperity to all. In Khanna&’s vision, &“just as people can move to technology, technology can move to people&” (from the foreword by Amartya Sen, Nobel Laureate in Economics) where &“Khanna envisions redistributing opportunities from coastal cities to rural middle-America…An exciting vision, brilliantly rendered.&” (Arlie Russell Hochschild, author of Strangers in Their Own Land).Unequal access to technology and the revenue it creates is one of the most pressing issues in the United States. An economic gulf exists between those who have struck gold in the tech industry and those left behind by the digital revolution; a geographic divide between those in the coastal tech industry and those in the heartland whose jobs have been automated; and existing inequalities in the technological access—students without computers, rural workers with spotty WiFi, and many workers without the luxury to work remotely. Congressman Ro Khanna&’s Progressive Capitalism tackles these challenges head-on and imagines how the digital economy can create opportunities for people across the country without uprooting them. Anchored by an approach Khanna calls &“progressive capitalism,&” he shows how democratizing access to tech can strengthen every sector of economy and culture. By expanding technological jobs nationwide through public and private partnerships, we can close the wealth gap in America and begin to repair the fractured, distrusting relationships that have plagued our country for fall too long. Inspired by his own story born into an immigrant family, Khanna understands how economic opportunity can change the course of a person&’s life. Moving deftly between storytelling, policy, and some of the country&’s greatest thinkers in political philosophy and economics, Khanna presents a vision we can&’t afford to ignore. Progressive Capitalism is a &“practical and aspirational&” (Kimberlé Crenshaw, professor of law at UCLA and Columbia University) roadmap to how we can seek dignity for every American in an era in which technology shapes every aspect of our lives.
Progressive Commercialization of Airline Governance Culture (Routledge Research in International Commercial Law)
by Jan WalulikProgressive Commercialization of Airline Governance Culture analyzes the transition of the airline sector from the not-for-profit nation-bound public utility model towards a profit-oriented globalized industry. It illustrates how legal, political, historical and cultural factors have shaped the corporate governance in the airline sector, and describes how these factors influence economic decisions and performance. The unique feature of the book is that the subject is consequentially discussed from the perspective of airline governance culture. This approach links the examination of legal and policy factors which influence airline activities together with a discussion of economic issues, all within one clear, coherent and comprehensive framework.
Progressive Corp.
by Michael E. Porter Nicolaj SiggelkowProgressive is a leader in providing nonstandard (high-risk) automobile insurance to drivers across America, with a long record of extraordinary profitability. Progressive is facing a challenge in its segment from Allstate, the industry leader, and must decide how to respond.
Progressive Corp.
by John R. Wells Marina Lutova Ilan SenderFor decades, Progressive has proven to be one of the most innovative players in the US auto insurance industry, but can it maintain its lead? Progressive has moved up to the number three position in the industry in 2006, but competitors are finally waking up to the threat the company poses. Can they make it to the number one slot? If so, how? What advice would you give CEO Glenn Renwick?
Progressive Corporate Governance for the 21st Century (Routledge Research in Corporate Law)
by Lorraine TalbotProgressive Corporate Governance for the 21st Century is a wide ranging and ambitious study of why corporate governance is the shape that it is, and how it can be better. The book sets out the emergence of shareholder primacy orientated corporate governance using a study of historical developments in the United Kingdom and the United States. Talbot sees shareholder primacy as a political choice made by governments, not a ‘natural’ feature of the inevitable market. She describes the periods of progressive corporate governance which governments promoted in the middle of the 20th century using a close examination of the theories of the company which then prevailed. She critically examines the rise of neoliberal theories on the company and corporate governance and argues that they have had a negative and regressive impact on social and economic development. In examining contemporary corporate governance she shows how regulatory styles as informed and described by prevailing regulatory theories, enables neoliberal outcomes. She illustrates how United Kingdom-derived corporate governance codes have informed the corporate governance initiatives of European and global institutions. From this she argues that neoliberalism has re-entered ex command transition economies through those United Kingdom and OECD inspired corporate governance Codes over a decade after the earlier failed and destructive neoliberal prescriptions for transition had been rejected. Throughout, Talbot argues that shareholder primacy has socially regressive outcomes and firmly takes a stand against current initiatives to enhance shareholder voting in such issues as director remuneration. The book concludes with a series of proposals to recalibrate the power between those involved in company activity; shareholders, directors and employees so that the public company can begin to work for the public and not shareholders.
Progressive Corporate Law
by Lawrence E MitchellReflecting recent re-examinations of the nature and purpose of the modern publicly held corporation, Progressive Corporate Law introduces the reader to alternative perspectives within the field. The contributors to this volume are loosely bound both by their rejection of the prevailing paradigm of the corporation as a public good designed exclusively for the maximization of private profit and by their affirmative goal of designing corporate laws that accord better with the corporation's political and social realities. The resulting series of visions emphasizes communitarian themes of efficiency and morality of responsibility, altruism, and unity within the corporate form as well as between the corporation and the broader society. Progressive Corporate Law is important reading for business executives, lawyers, policymakers, and others who are concerned with the role of corporations in modem life. Designed to act as a springboard for stimulating discussion, it will be a valuable supplement to courses and seminars in corporate law and business ethics.
Progressive Corporation: Variable Dividends
by Timothy A. Luehrman Brenda ChiaIn 2006, Progressive Corporation announced a change in its dividend policy. Henceforth, dividends would be paid annually rather than quarterly and, more important, would be set according to a formula that would result in considerably greater year-to-year variability than was the case historically. Under the new policy, dividends would be tied to the company's underwriting results, its performance relative to pre-determined goals, and a target payout ratio. Progressive's new policy was intended to help with overall capital management in the cyclical property and casualty insurance business.
The Progressive Corporation, 2019
by Benjamin Weinstock John R. WellsThis case addresses the rise of The Progressive Corporation (Progressive) as a top player in the property and casualty and auto insurance industries. In July 2018, Progressive, the USA's third largest auto insurance writer, reported half-year earned premiums up 21% on the same period the previous year and net income up 95%. For CEO Tricia Griffith, appointed on July 1, 2016, this was a clear indicator that her commitment to accelerating growth was bearing fruit. In the ten years from 2005-2015, Progressive's earned premiums had grown at 4% per year. They then grew 13% in 2016 and 15% in 2017; 2018 promised to be an even better year. In 2017 Griffith commented that Progressive was in 10% of US homes and would double that "in short order." This would make it larger than 2018 industry leader State Farm. But the auto insurance business was plagued with hundreds of competitors and had historically been very cyclical. In 2018 Progressive was enjoying an unusual period of rising prices and growth. Would Griffith's strategy be enough to sustain double digit growth? The markets seemed convinced; In July 2018 Progressive's stock price had almost doubled in two years.
Progressive Discipline Handbook
by Lisa Guerin J.D.For the employer who needs an effective approach to coaching and disciplining employees. In today's litigious world, managers and supervisors must ensure that when they discipline their employees, they do so fairly. Otherwise, they may end up dealing with expensive legal problems. Fortunately, The Progressive Discipline Handbook helps prevent days in court. A complete how-to guide full of practical and legal advice, you'll find out how to: - identify an appropriate level of discipline - deal with employees when discipline is necessary - correct and monitor problems - prevent future problems Plus, you'll get useful forms, checklists and audio dialogues, and quizzes to reinforce core lessons. Best of all, The Progressive Discipline Handbook can be used with any progressive discipline policy already in place -- making it easy to implement. It also provides tips and strategies that help managers handle one of the most difficult parts of their jobs: Communicating with employees about discipline problems.
Progressive Inequality
by David HuyssenThe Progressive Era has been depicted as a seismic event in American history--a landslide of reform that curbed capitalist excesses and reduced the gulf between rich and poor. Progressive Inequality" cuts against the grain of this popular consensus, demonstrating how income inequality's growth prior to the stock market crash of 1929 continued to aggravate class divisions. As David Huyssen makes clear, Progressive attempts to alleviate economic injustice often had the effect of entrenching class animosity, making it more, not less, acute. Huyssen interweaves dramatic stories of wealthy and poor New Yorkers at the turn of the twentieth century, uncovering how initiatives in charity, labor struggles, and housing reform chafed against social, economic, and cultural differences. These cross-class actions took three main forms: prescription, in which the rich attempted to dictate the behavior of the poor; cooperation, in which mutual interest engendered good-faith collaboration; and conflict, in which sharply diverging interests produced escalating class violence. In cases where reform backfired, it reinforced a set of class biases that remain prevalent in America today, especially the notion that wealth derives from individual merit and poverty from lack of initiative. A major contribution to the history of American capitalism, Progressive Inequality" makes tangible the abstract dynamics of class relations by recovering the lived encounters between rich and poor--as allies, adversaries, or subjects to inculcate--and opens a rare window onto economic and social debates in our own time.
Progressive Justice in an Age of Repression: Strategies for Challenging the Rise of the Right
by Walter S. DeKeseredy Elliott CurrieProgressive Justice in an Age of Repression provides a much-needed engagement with questions of justice and reform within the current phase of global capitalism, one that is marked not only by significant social inequality, but also political bifurcation. It offers guidance on progressive strategies for resistance. It also extends criminological analysis by situating these contemporary challenges as globalized and inextricably linked to questions of political economy, law, and society. Bringing together an international selection of scholars, this book draws on a range of issues, such as immigration, street crime and the renewed push for "law and order," violence against women, environmental injustice, assaults on health care and social services, and the unleashing of private corporate exploitation of natural resources. It is a clarion for strategic thinking, a call for action fuelled by informed analysis, and a reimagining of the progressive society that is under attack by Trumpism, populism, and a rising right. This is an important read for those who teach and study criminology, deviance and social control, social problems, legal studies, political science, and policy studies. It is also a useful resource for practitioners, community-based activists, and policy makers seeking new ways of thinking critically about crime, law, and social control.
Progressive Kaizen: The Key to Gaining a Global Competitive Advantage
by John W. DavisThis book addresses how to make Kaizen a formidable competitive weapon. It serves as reinforcement for the key role the Lean coordinator holds in training and leading change that serves to make and keep a manufacturing firm world competitive.
Progressive Policies for Economic Development: Economic Diversification and Social Inclusion after Climate Change
by Alfredo Saad-FilhoDespite the unprecedented gravity of the challenges posed by global warming, most political systems have not given them the required priority. The oil industry has resisted, and many countries have taken only token measures to reduce emissions and mitigate the worst effects. In this context, this book examines the progressive options available to today’s developing countries as they face the limitations of neoliberalism and the existential challenge of global warming. Examining the cases of both low-income fossil fuel-dependent economies and large middle-income economies, this book argues that for all developing economies the best way forward includes ‘green’ macroeconomic policies articulated with progressive industrial and social policies, thus allowing these countries to achieve economic diversification, build alternative drivers of growth, and deliver improvements in the distribution of income, wealth and power. There is urgent need for this progressive policy agenda - grounded on heterodox economics, committed to social integration and the reduction of multiple inequalities - to improve the economic outcomes for these countries, improve the lives of citizens and meet global climate targets. The book argues that capitalism challenges the possibility of free and dignified existence while climate change challenges the possibility of life itself, and that these challenges must be confronted together. Since neoliberal capitalism will not adopt the necessary policies to reduce carbon emissions rapidly, it must be overthrown – not only for ethical or logical reasons, or to shift to better arrangements for the functioning of society, but in order to preserve the conditions for life itself. This agenda for progressive economic development is essential reading for anyone interested in heterodox economics, development studies, international politics, international relations and sustainable business.
Prohibition in Bardstown: Bourbon, Bootlegging & Saloons (American Palate)
by Dixie Hibbs Doris SettlesSome Bardstown, Kentucky residents argued for an alcohol ban as early as the mid-1800s despite the fact that whiskey and bourbon were local staples. When Prohibition finally arrived, independent and inventive residents secretly kept the city wet. A deacon once stored whiskey in a baptismal pool. Seventy-year-old Aunt Be-At Hurst allegedly made her homebrew out of her bathtub. Some locals even burned distillery warehouses to cover up thefts. Crime ran so rampant that revenue collector Robert H. Lucas threatened to have the governor summon the state militia. Join historians Dixie Hibbs and Doris Settles as they detail the history of Bardstown booze.
Prohibition in the Upper Peninsula: Booze & Bootleggers on the Border (American Palate)
by Russell M. MagnaghiTemperance workers had their work cut out for them in the Upper Peninsula. It was a wild and woolly place where moonshiners, bootleggers and rumrunners thrived. Al Capone and the Purple Gang came north to keep Canadian whiskey passing through Sault Ste. Marie to Chicago and Detroit. Federal enforcement agent John Fillion double-crossed both his office and the bootleggers. The Grand Hotel on Mackinac Island survived due to gambling and fine Canadian whiskey brought in by rumrunners, sometimes assisted by the Coast Guard. Author Russell M. Magnaghi dives into the raucous history of Yooper Prohibition.
The Project 50: Fifty Ways to Transform Every "Task" into a Project That Matters! (Reinventing Work Series)
by Tom PetersThe common denominator/bottom line for both the professional service firm/PSF and the individual/Brand You is: the project. And for the cool individual in the cool professional service firm there is only one answer: the cool project.A seminar participant said: "Reward excellent failures. Punish mediocre successes." So, how many of you are at work -- right now -- on "mediocre successes"? At work on projects that won't be recalled, let alone recalled with fondness and glee, a year from now? We don't study professional service firms. (Mistake.) And we don't study WOW Projects. (Worse mistake.) There is, of course, a project management literature. But it's awful. Or, at least, misleading. It focuses almost exclusively on the details of planning and tracking progress and totally ignores the important stuff like: Is it cool? Is it beautiful? Will it make a difference? My No.1 epithet: "On time . . . on budget . . . who cares?" I.e., does it matter? Will you be bragging about it two--or ten--years from now? Is it a WOW project?So, then: Step #1 . . .the organization . . .the professional service firm/PSF 1.0. Step 2 . . .the individual . . .the pursuit of distinction/Brand You. And: Step #3 . . . the work itself . . . the memorable project/WOW Projects. The Project50 is a simple and handy guide that provides 50 easy steps to help the modern businessperson choose the right project, find the right team, develop strategies for success, and ultimately know when it's time to move on.See also the other 50List titles in the Reinventing Work series by Tom Peters -- The Brand You50 and The Professional Service Firm50 -- for additional information on how to make an impact in the professional world. From the Hardcover edition.
Project Action Learning (PAL) Guidebook: Practical Learning in Organizations
by Kris M. Y. Law Kong Bieng ChuahThis book presents the fundamental concepts of organizational learning (OL) and related topics. In addition, it discusses various factors that influence the success of, and readiness to adopt, OL. In the modern competitive market, companies are looking for ways to excel by focusing more on innovation and knowledge discovery. In response, the book presents a ready-to-use tool for driving OL, called Project Action Learning (PAL). The PAL framework helps teams effectively work on, and learn from, meaningful projects. In this regard, equal emphasis is placed on achieving the project outcome and the participants’ learning objectives. Moreover, the book offers a step-by-step guidebook on how PAL-driven OL can be achieved, making it a valuable asset for educators and practitioners alike.
Project Adaptation: Dealing with What You Cannot Anticipate
by Harvard Business Review PressDealing with hard-to-anticipate risks requires a certain amount of adaptability. Unanticipated risks tend to originate from three main sources: new technology, new kinds of work, and a substantially larger project scope than team members are accustomed to. This chapter emphasizes that for projects with a high degree of uncertainty, an adaptive project management style reduces reliance on decision tools that require predictability.
Project Analysis in Developing Countries: Cost Benefit Analysis for Development
by Steve Curry John WeissThis updated new edition explores the techniques used to assess the economic impact of projects in developing countries. Blending an academic understanding of economics and development with an accessible style and practical advice, the costs and benefits of investment projects, an important mechanism for economic development, are assessed to ensure that resource allocation is as productive as possible. New material has been added, particularly on the environmental impact of projects, the role of the discount rate in decision-taking, the application of techniques to estimate willingness to pay for benefit estimation and the quantification of health impacts.Although the basic techniques of project analysis were developed many decades ago, they remain highly relevant to address current concerns, such as population growth, urbanisation, pressure on physical infrastructure, inequality, and the climate crisis. This book aims to provide an accessible overview, drawn from extensive practical experience, of project analysis in developing countries. It will be relevant to students, researchers, and practitioners interested in development economics.
Project and Cost Engineers' Handbook (Cost Engineering)
by Kenneth K. HumphreysMaking the specifics of a complex concern accessible and its handling quite manageable, this fourth edition of the Project and Cost Engineers' Handbook examines the variables associated with international projects and project risk analysis. It provides instruction on contingency planning, delves into ethical considerations, considers the imp