Reshoring U.S. Manufacturing: Cost, Quality, and Strategy
Gordon and Rutt (2008) attribute the rise of globalization to cheap gas, but that is only part of the story. Cheap gas makes shipping around the world competitive, but does the high cost of doing business in the U.S.
Old Age and Wisdom: Confucius on Filial Piety
Confucius, the great Chinese sage, was known for his stand on culture, old age, respect and admiration for one's parents and ancestors and tradition. Chinese revere tradition and everything old is also considered wise…
Digital Marketing Plan for an Independent Pharmacy
The business environment in which companies develop their activity has become very competitive. More and more companies emerge on the different markets, causing distress for existing companies. Therefore, they must intensify their efforts in the attempt to increase competitiveness and address the environmental factors that influence their activity.
In order to reach these objectives, companies can address several strategies
Masculinism in Science Fiction: Le Guin vs. Haldeman
Science fiction has always been a masculine genre, no matter that Mary Shelley invented it in her novel Frankenstein. Until fairly recent times, most science fiction writers were men, and they dealt with subjects like technology, power, space battles, featuring male heroes, explorers and adventurers. In film, science fiction has been a perfect subject for ultra-masculine actors like Arnold Schwarzenegger, although Lieutenant Ripley in the Alien trilogy proved that women could be masculine heroes as well and very effective at destroying hostile creatures that threaten humanity. Joe Haldeman's novel Forever Peace certainly fits within this conventional masculine narrative in science fiction, since the story is related by a male narrator named Sergeant Julian Class, an alienated soldier of the First World who opposes his own government and society. He is a class type of alienated and disillusioned male hero who nevertheless hopes that the world can achieve peace and prosperity through better use of technology. Even though it was written thirty years before, Ursula Le Guin's The Left Hand of Darkness is a radical departure from these types of themes and characters, since it takes place on an underdeveloped planet called Gethen far in the future.
Shadow Banking, the Subprime Crisis, and Regulatory Gaps
This paper examines the shadow banking system, its role in the subprime mortgage crisis, and failures of regulation within the shadow banking system. The term "shadow banking system" was coined by PIMCO's Paul McCulley in 2007 and refers to a banking system that includes financial intermediaries that are involved in creating credit across the global financial system, whose functions are not subject to regulatory oversight. The question has been debated as to whether shadow banking meets the definition of true banking. Given that the two systems perform similar functions, including credit intermediation and maturity transformation, the two should be considered parallel systems.