Friday, September 30, 2011

Investment in Uncertainty (Applied Optimization)

Investment in Uncertainty (Applied Optimization)

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The objective of the book is to discuss and explain the problems caused by the investment process in a world that is so full of change that it has become uncertain. For this reason the author presents a very wide range of theoretical and technical elements gathered from the new mathematics of uncertainty, both in its numerical and non-numerical aspects. In this regard an important role is played by the theories of fuzzy sub-sets, forgotten effects, affinities, expertons and many others that are being introduced with such success, in an attempt to arrive at a solution to the complex problems of management and the economy.
Audience: Researchers, consultants and students interested in the application of mathematics to economics, management and investment.

Investment in Uncertainty (Applied Optimization) Review

Considero que el libro escrito por el Dr. Gil tiene el gran m�rito de ofrecer el primer enfoque comprehensivo e integral para enfocar la teor�a de inversiones corporativas desde el punto de vista de las l�gicas multivalentes, incluyendo subconjuntos borrosos, ret�culos de Galois, teor�a de afinidades y programaci n din�mica difusa. Ofreciendo estos nuevos enfoques de gesti�n con el fin de encarar efectivamente la incertidumbre imperante en el entorno econ�mico financiero.Un aspecto por mejorar en futuras ediciones del libro consistir�a en la borrosificaci�n de los enfoques para invertir en activos reales con opciones (opciones reales) incorporando variables aleatorias y n meros borrosos. Help other customers find the most helpful reviews� Was this review helpful to you?�Yes No Report abuse | PermalinkComment�Comment

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Thursday, September 29, 2011

The Irish Education Experiment: The National System of Education in the Nineteenth Century: Volume 1 (Routledge Library Editions: Education)

The Irish Education Experiment: The National System of Education in the Nineteenth Century: Volume 1 (Routledge Library Editions: Education)

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This volume focuses on the creation, structure and evolution of the Irish national system of education. It illustrates how the system was shaped by the religious, social and political realities of nineteenth century Ireland and discusses the effects that the system had upon the Irish nation: namely that it was the chief means by which the country was transformed from one in which illiteracy predominated to one in which most people, even the poorest, could read and write.

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The Irish Education Experiment: The National System of Education in the Nineteenth Century: Volume 1 (Routledge Library Editions: Education) Review

This book was published in 1970. It is surprising that this valuable book by an eminent scholar has been allowed to go out of print.It covers in detail the interaction between the Irish Government which had decided as early as 1812 to provide Government money to assist primary education in rural schools all over Ireland. It laid down as essential principles that all the children in a parish, regardless of the denomination to which they belonged, should be educated together, and that there should be no attempts made by any group to proselytize the children of other groups. The clergy of the major denominations resisted this strongly, wishing the Government to provide money for denominational schools instead. By and large the clergy won and Ireland got an educational system segregated on religious lines.Though the book ends rather arbitrarily at the year 1900 the author has combed the sources exhaustively. Against it one might say that thirty five years later some other aspects of the subject might have been treated. But nobody should attempt to write on education at any level in Ireland without having first read this book

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Wednesday, September 28, 2011

Irrational Markets and the Illusion of Prosperity

Irrational Markets and the Illusion of Prosperity

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First Published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.

Irrational Markets and the Illusion of Prosperity Review

In Irrational Markets and the Illusion of Prosperity, author Don DeVitto makes a VERY COMPELLING argument why Americans are experiencing one of the greatest speculative eras in recorded history. DeVitto combines his extensive knowledge of historical periods of severe speculation, in particular the 1920s in America and the 1980s in Japan,with almost 20 years of working "on the front lines" with individual investors, to draw a very insightful, yet sobering picture.DeVitto writes: "Investors are now looking back at the reality of the last decade rather than forward to the risks that lie ahead." He argues quite convincingly that "the deflationary risks in today's global economy are more pronounced than at any time since the 1930's."DeVitto reveals that our passion for stocks, combined with an ever-increasing debt burden at both the individual and corporate level, have left our nation with little wiggle room should we experience a recession of any lasting duration. He argues that as the "wealth effect" begins to evaporate,the confidence or psychology of most investors will erode,and, as consumers, will quickly discover that both their capacity and desire to buy goods and services have diminished markedly.Given that consumers represent 2/3 of the economy, it doesn't take a nuclear scientist to figure out what can happen to corporate earnings, which, ultimately, are a stock's only lifeboat.DeVitto writes in plain english and incorprates his graphs in a very user-friendly way, making the book accessible to all readers. Irrational Markets is a very smooth read, and at under 200 pages can be incorporated into even the busiest of schedules.Despite the fact the NASDAQ is currently 50% off its highs reached in March of 2000, this book is no less timely. In fact, should some of the concerns raised by DeVitto become a reality, most Americans will be elated to return to their February 2001 account values.DeVitto's book is A MUST READ for any equity investor, especially bullish investors like myself who have embraced technology stocks with the same passion a 16 year-old boy embraces his prom date. I'm confident readers will find this book well worth their time and the investment (the price of the book and a bottle of TUMS)as it will serve as a much needed yield sign through the frenetic intersection of Equity Street and Net Worth Avenue, Pamplona, USA. Help other customers find the most helpful reviews Was this review helpful to you? Yes No Report abuse | PermalinkComment�Comment

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Tuesday, September 27, 2011

IS Management Handbook, Seventh Edition

IS Management Handbook, Seventh Edition

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In systems analysis, programming, development, or operations, improving productivity and service - doing more with less - is the major challenge. Regardless of your management level, the Handbook gives you the advice and support you need to survive and prosper in the competitive environment. It is the only comprehensive and timely source of technical and managerial guidance, providing expert information on the latest IT management techniques from top IS experts.

This edition explains state-of-the-art technologies, innovative management strategies, and practical step-by-step solutions for surviving and thriving in today's demanding business environment. The IS Management Handbook outlines how to effectively manage, adapt and integrate new technology wisely, providing guidance from 70 leading IS management experts in every important area. This reference enables its readers to ensure quality, contain costs, improve end-user support, speed up systems development time, and solve rapidly changing business problems with today's IS technology.

IS Management Handbook, Seventh Edition Review

This is a collection of focused essays divided among five IS/IT management and operational domains:
SECTION 1 (Achieving Strategic IT Alignment), SECTION 2 (Designing and Operating an Enterprise Infrastructure), SECTION 3 (Providing Application Solutions), SECTION 4 (Exploiting Web Technologies)and SECTION 5 (Facilitating Knowledge Work). Because this book covers such a wide landscape of management and operational issues it is impossible to let a potential reader know which are best since most readers are going to be interested in a particular domain or select topics in more than one of the five domains this book addresses. I'll cite the essays that I read out of personal interest or professional need, or that especially impressed me. I read all of the essays in Section 1 because of research and professional interest. Each was well written and collectively they contained a wealth of valuable information on topics in that domain.In Section 2 "Improving Data Center Productivity and Effectiveness", "Quality Assurance and Control" and Quality Information Services all contained invaluable information and reflected the authors' deep knowledge and insights into these topics. I skipped over the other essays in this section, but if the ones I read were any indication of the content and quality of the rest, then this section contains a wealth of information."Strategic Use of JAD" in Section 3 was insightful and gave me a lot of ideas on requirements elicitation and management using Joint Application Design workshops as effective approaches. I also liked "Project Success and Customer Needs", "Win-Win Projects" and "Managing the User/IS Relationship", each of which provided complementary approaches to user-center project management and how to assure that your project's final deliverables reflect true user requirements. This cluster of essays would make a small and valuable book in and of themselves.I skipped over SECTION 4 (Exploiting Web Technologies) because I have other material on that domain; however, I did quickly glance through a few of the essays and thought they were accurate (from what little I read) and well written. Section 5, in its entirety, was filled with useful information. I carefully read through this section and found gems of information and insights in each of the essays, the most interesting of which is "Helping Users Help Themselves". This book is suited for organizational use more than for individuals because of the range of topics covered. In my opinion the essays were on par with papers produced by the Meta Group, GartnerGroup and other consultative content providers, making this book a bargain and valuable resource. Help other customers find the most helpful reviews� Was this review helpful to you?�Yes No Report abuse | PermalinkComment�Comment

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Monday, September 26, 2011

Islam Without Allah?: The Rise of Religious Externalism in Safavid Iran

Islam Without Allah?: The Rise of Religious Externalism in Safavid Iran

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This ground-breaking and controversial work locates the antecedents of today's Islamic 'fundamentalism' in 16th and 17th century Iran and the forced conversion of the Sunnite population of Iran to the largely alien doctrines of Twelver Shi'ism; the concomitant extirpation of Sufism and philosophy; and the gradual rise of the 'faqih' or jurist.

Islam Without Allah?: The Rise of Religious Externalism in Safavid Iran Review

Perhaps for the first time, Dr. Colin Turner has shed light on the entire range of developments which led to the emergence of Shi'ite Iran, Khomeini, and the so-called "Islamic revolution." He not only clarifies the religious circumstances leading up to the present day, but enables us to understand why Shah Ismail, the founder of the Safavid dynasty, imported the dry, exoteric/externalist Shi'ite legal structure, even though he himself came to power on the basis of his esotericism/internalism.

Turner begins by drawing some theoretical distinctions between faith (iman), submission to God (islam), and submission to God's commands ("Islam"). He shows how the last can quite easily turn into rote repetition, obscuring the first two. He then turns to historical developments, the rise of the Safavids, and the gradual setting in of externalist Twelver Shi'ite law. A key distinction he draws is between the theocentrism of Islam versus the "imamocentrism" of 12er Shiism. The Imam is seen in Shiism as a kind of superman, embodying political authority, religious (legalistic) authority and mystical (spiritual) authority, all rolled into one. No matter how exalted, this over-emphasis on a figure other than God eclipses God Himself, thus leading to an unwitting idolatry. In the same way, focusing only on the external trappings of God's commands causes a similar eclipse.

I cannot do justice to the contents in so short a space. The book is densely but authoritatively argued. It seems Dr. Turner's dissertation was on the same subject, so he speaks from deep knowledge. One quibble: it is unfortunate that such a good book is so prohibitively priced, leaving it out of reach for all but a very few. If you can, in any way at all, read it!

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Sunday, September 25, 2011

Italy and the Wider World: 1860-1960

Italy and the Wider World: 1860-1960

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Richard Bosworth's overview of Italy's role in European and world politics from 1860 to 1960 is lively and iconclastic. Based on a combination of primary research and secondary material he examines Italian diplomacy, military power, commerce, culture, tourism and ideology. His account challenges many aspects of current Italian historiography and offers an original vision of the place of Italy in modern history.

Italy and the Wider World: 1860-1960 Review

R. J. B. Bosworth. Italy and the Wider World 1860-1960. London and New York: Routledge, 1996, 252 pages. Richard Bosworth describes himself in the preface to this volume as "the canguro of Italian historiography" (p. x). The image is appropriate not only because he is the most well-known Australian Italianist but also because of the wide range of territory he covers in the eight chapters of this peculiar study. This is not a standard history of Italian foreign policy or of some temporal, geographical, or substantial aspects of it. What Bosworth does here is to synthesise his earlier writing as well as anticipate the results of some of his current research and integrate them with what is essentially a critique of the existing literature on the subject (the volume has 52 pages of notes). The result is a masterful, critical overview of both Italian history of foreign relations and its historiography, a feat that only senior scholars can usually pull off. In the introduction Bosworth makes an interesting distinction between what he calls `legal' and `real' Italy. The first, "driven by a costly and perhaps irrational desire to mimic an imagined past, played the games of European Great Power politics and sought to seize territory in the mare nostrum and its hinterland. The `real' Italies, by contrast, through emigration laid the bases of the commercial and cultural empires of the future, in New York, and Buenos Aires, Kenya and Australia" (p. 3). This distinction is based on Bosworth's adherence to the Bielefeld school's precept that the study of "diplomacy and other forms of international policy should be placed in their social and economic context" (p. 7). In the book, however, Bosworth fails to adhere to this canon fully. He certainly pays attention to "the history of labour markets and financial practices, emigration and ideology, tourism and leisure, philosophy and sociology, and power in its fluctuating and manifold political, social and economic forms" (p. 7) but more than integrating these different historical fragments into a histoire totale, he deals with them in sequence. Thus, the interesting distinction between `real' and `legal' Italy is reflected more in the organization of this volume than in the treatment of the material. Bosworth, in any case, is conscious of this limitation since he admits that "this short book is scarcely the appropriate base from which to launch an historiographical revolution" (p. 13). Every revolution, however, begins with a first shot, and this is a well aimed one. The first five chapters are devoted to `legal' Italy. Bosworth tackles, in turn, Italian diplomacy within European power politics (chapters 1 and 2), the Italian military in war and peace (chapter 3), Italian commercial policies (chapter 4) and the rise and fall of the Italian empire (chapter 5). It is impossible to summarise the content of these five chapters in a book review since Bosworth touches upon basically every topic that has been the subject of debate among historians. All along, he interprets, rebuts, integrates and systematises. Overall, Bosworth claims that there was continuity in the diplomatic efforts of Liberal, Fascist and (First) Republic regimes. Lacking the necessary strength to challenge the status quo, they had to engage in tortuous and interminable diplomatic manoeuvres to attain marginal gains. In tackling the history of Italian commerce, Bosworth agrees with Rosario Romeo's affirmation (although he disagrees with him on almost everything else) "that a United Italy could only make sense if it succeeded economically" and pushes this view to its logical conclusion by stating that "such success remains the fundamental justification for the retention of an Italian nation state" (p. 78). Not surprisingly, after an initial "na�ve reliance on the market" by the end of World War I "the state had become the basic motor of Italian industrial growth" (p. 85). Bosworth's overall evaluation of Italy's imperial ambitions and adventures is a trenchant one: "bathetic." It proved costly and did not resolve Italy's demographic problem, which was the rationalization usually given to justify efforts in this area. The last three chapters of the book deal with "real' Italy. Chapter 6 looks at emigration, while chapter 7 examines culture and ideology. The last chapter is devoted to a neglected area of Italian studies: tourism. Such a neglect seems surprising since "in the century from 1860 to 1960, Italy's biggest and most lucrative industry, the one certainly with the largest number of employees and perhaps with the most satisfied customers, was tourism" (p. 159). Bosworth examines primarily the origins, development and organisation of this industry and makes some occasional forays into its impact on the perception of Italy and Italian products abroad. In the past Bosworth has been occasionally criticized for what Christopher Seton-Watson has called the "excessively moralistic and condemnatory" tone of his writings on Italy (see his review of this same volume in Modern Italy, 1, 2, Autumn 1996: 110-112). I find Bosworth's tone to be occasionally sarcastic, but this appears to me as a strength rather than a weakness. It helps the reader keep things in perspective and makes the reading more interesting and often even enticing. The volume is to be particularly recommended to doctoral students grappling with the literature on Italian foreign relations and looking for a thesis topic. Almost every paragraph in this book, in fact, provides a point of departure for further research. The only major problem with this volume is its price: $ 90.95 Canadian seem excessive. Bosworth, however, can hardly be faulted for this.Osvaldo Croci Department of Political Science Laurentian University Help other customers find the most helpful reviews Was this review helpful to you?�Yes No Report abuse | PermalinkComment Comment

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