A cluster of recent police killings of African American men has sparked an unprecedented amount of public debate regarding policing in the United States. Critics and protesters have made sweeping allegations about the police; a presidential commission has been formed to study police misconduct; and reforms are being debated. These events provide a backdrop for this article’s review of recent po...

Francis Hutcheson’s theory of value is often characterized as a precursor to the qualitative hedonism of John Stuart Mill. The interpretation of Mill as a qualitative hedonist has come under fire recently; some have argued that he is, in fact, a hedonist of no variety at all.1 Others have argued that his hedonism is as non-qualitative as Bentham’s.2 The purpose of this essay is not to criticall...

When Bill Clinton embraced national service as one of his administration’s priorities, he took a step forward on two of his key initiatives. Not only was national service a new initiative in its own right, but Clinton also held it up as a model of his efforts to reinvent government. It would be an exemplar of government that is catalytic, competitive, decentralized, and results oriented. This c...

We examine the optimal design of and interaction between capital and liquidity regulations. Banks, not internalizing fire sale externalities, overinvest in risky assets and underinvest in liquid assets in the competitive equilibrium. Capital requirements can alleviate the inefficiency, but banks respond by decreasing their liquidity ratios. When capital requirements are the only available tool,...

C. Thomas Caskey Dennis W. Choi John M. Coffin F. Fleming Crim Paul J. Crutzen James E. Dahlberg Robert Desimone Bruce F. Eldridge Paul T. Englund Richard G. Fairbanks Douglas T. Fearon Harry A. Fozzard Klaus Friedrich Theodore H. Geballe Roger 1. M. Glass Stephen P. Goff Peter N. Goodfellow Corey S. Goodman Ira Herskowitz Eric F. Johnson Stephen M. Kosslyn Michael LaBarbera Nicole Le Douarin C...

Despite reforms to ensure that nursing homes maintain compliance with federal quality standards, one-fourth of all homes nationwide continue to be cited for deficiencies that either caused actual harm to residents or carried the potential for death or serious injury. This pattern has not changed since the July 1995 reforms were implemented. Although the reforms equipped federal and state regula...

The Stability and Growth Pact is under fire. Problems have appeared in sticking to the rules. Proposals to reform the Pact or ditch it altogether abound. But is the Pact a flawed fiscal rule? Against established criteria for an ideal fiscal rule, its design and compliance mechanisms fare reasonably well. Where weaknesses are found, they tend to reflect tradeoffs typical of supra-national arrang...

It is generally recognized that heavy timber in fire conditions demonstrates high structural performance. Exposed timber chars which functions as an isolative layer which protects the inner material from heat and loss of load bearing capacity. Char has no significant strength, and therefore, as the char layer grows, the load bearing capacity of the timber member reduces under sustained fire con...

Beta as a measure of risk has been under fire for many years. Although practitioners still widely use the CAPM to estimate the cost of equity of companies, they are aware of its problems and are looking for alternatives. A possible alternative is to estimate the cost of equity based on the semideviation. a well-known and intuitively plausible measure of downside risk. Complementing evidence rep...

It’s an important evaluation architecture safety standards about personnel emergency evacuation under the fire condition, from the development trend of university gymnasium, it’s relatively rare that based on comprehensive evaluation the multi-functional gymnasium fire conditions personnel emergency evacuation study and there is no mature evaluation model can be applied to practical operation l...