The Lucas critique has been largely ignored in the marketing literature. This article presents a number of conditions under which the critique is most likely to also apply in marketing settings. Next, it also provides some perspectives on how to diagnose and accommodate the Lucas critique, and identify various avenues...
Dr. Kabler, Research Supervisor of the Missouri Department of Insurance, studied data (i.e., exposure counts and average credit scores by ZIP code) provided by selected automobile and homeowners insurers. After application of three statistical analysis techniques, Dr. Kabler concluded that credit scores are correlated with minority status and income levels...
Financial crises are widely argued to be due to herd behavior. Yet recently developed models of herd behavior have been subjected to two critiques which seem to make them inapplicable to financial crises. Herds disappear from these models if two of their unappealing assumptions are modified: if their zero-one investment...
With just over 90 days until our national election, we still have the media bashing President Bush. What's more ridiculous, they are now blaming the tomato scare on the Bush administration. Scripps Howard columnist Ann McFeatters wrote that the "FDA leadership is in a sorry condition," which is a result...
The Monday Book THE IMPOSTOR By Damon Galgut ATLANTIC, Pounds 12.99 Order for Pounds 11.69 (free p&p) on 0870 079 8897 A ramshackle farmhouse in the hinterland of South Africa, a mysterious silent neighbour and a town where corruption has become a...
NEW YORK AFP — Barack Obama's campaign decried Monday a satirical cartoon on the cover of The New Yorker magazine showing the Democratic presidential hopeful wearing Islamic dress while his wife holds a Kalashnikov. The influential weekly defended its cover, titled "The Politics of Fear," as a critique...
The Weasel Even though its infamous wobbliness is now firmly held in check, Lord Foster's Millennium Bridge continues to attract critical scrutiny. "How did they get it to stand up?" inquired a dubious Mrs W. "It must have been very stiff. A bit chewy I imagine." She...
Lupe Fiasco This Star Wars-obsessed rapper is Luke Skywalker to Kanye West's Obi Wan Kenobi. West gave his fellow Chicagoan a big "kick-push" by featuring him on his 2005 album Touch the Sky, and also put him on the bill for the Bush-baiting rapper's current Glow in...
Opera THE RAKE'S PROGRESS Royal Opera House LONDON When the curtain rises on The Rake's Progress at Covent Garden today, there will be no whiff of 18th-century London low-life as seen in the Hogarth engravings on which this musical morality-tale is based. This...
I don't know whether many of you noticed, although you probably should have, that video games have been getting some interesting mainstream ink lately with perspectives by folks we wouldn't expect to hear on this subject. Last week, the New York Times' Dave Itzkoff offered a cerebral look at...
Many celebrities are now writing books for children. These books are quickly gaining popularity; however, the question remains as to whether people are buying these books because they are excellent children's literature or simply because they are written by famous people. The purpose of this article is to critique twenty...
Abstract John Holloway's Change the World Without Taking Power is an attempt to translate the Zapatista experience into Marxist categories-an undertaking fraught with many difficulties. This review interrogates the four key issues addressed by Holloway: the state, the nature of power, commodity fetishism and the meaning and relevance of...
History, scarcity, praxis ... and Stalin? Review essay: Jean-Paul Sartre's Critique of Dialectical Reason, Volume II Foreword by Frederic Jameson, translated by Quintin Hoare Verso, 2006, 480pp. ISBN. 1-844-67077-5 pbk £20 reviewed by Andrew Robinson This essay will explore Sartre's Critique of Dialectical Reason, Volume II-hereafter the 'second...
INTRODUCTION In scholarly works celebrating the genesis and growth of U.S. communication research, the two most notable being that of Rogers1and Everette & Wartella,2 readers would commonly find considerable pages dedicated to the lives and works of pioneering researchers such as Wilbur Schramm, Harold Lasswell and Robert Merton, but...
INTRODUCTION Over the past decade, the debate over dependency theory has been eclipsed by the controversy over globalization. Despite the fading dialogue on dependency theory, academics continue to critique it. Ricardo Duchesne notes that "the export of capitalism does not block development in the periphery, but rather stimulates it."'...
My, my how times change. When George Carlin began the raunchy part of his long career in comedy, the Deseret News would surely not have noted anything about him except perhaps the potential for arrest and criminal charges. In May, he appeared at the staid venue of...
Francisco de Goya's arresting image of a brooding giant rising above a stampede of terrified people and animals has held pride of place for decades in Madrid's Prado museum, But in an announcement set to raise a storm in the art world, the museum said yesterday that...
I'M NOT A beer snob. As I drink my pint of expensive craft beer, I don't roll my eyes when you sit next to me and order a bottle of Corona or Coors Light, or whatever it is the beer snobs scoff at. I don't look at my drinking...
His ship in a bottle will be sharing the fourth plinth in London's most famous square with Antony Gormley's soapbox. But who is Yinka Shonibare? Hannah Duguid meets him When Yinka Shonibare accepted his MBE from the Prince of Wales in 2005, there was a certain irony...
By Rick Dean THE CAPITAL-JOURNAL KANSAS CITY, Mo. - A few more games like this and Jose Guillen may have to change his woeful tune. Guillen, who last week during a three-game sweep in St. Louis repeatedly used a vulgar synonym...
Articles 2008-06-24
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