Matthew Taylor
- Published in print:
- 2013
- Published Online:
- January 2014
- ISBN:
- 9780197265536
- eISBN:
- 9780191760327
- Item type:
- chapter
- Publisher:
- British Academy
- DOI:
- 10.5871/bacad/9780197265536.003.0004
- Subject:
- Political Science, Environmental Politics
Reactions to possible tipping points can be interpreted through cultural theory, where styles of individualism, hierarchy, egalitarianism, and fatalism offer various manners of reaction and ...
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Reactions to possible tipping points can be interpreted through cultural theory, where styles of individualism, hierarchy, egalitarianism, and fatalism offer various manners of reaction and preparation. In hierarchical political systems, tipping points can be seen as alarmist and mischievous, while in individualistic patterns, tipping points can be regarded as a case for dreaded state intervention. Thus, debates about tipping points can be as much about unveiling underlying ideologies and misperceptions as advancing fresh thinking and creative adaptation.Less
Reactions to possible tipping points can be interpreted through cultural theory, where styles of individualism, hierarchy, egalitarianism, and fatalism offer various manners of reaction and preparation. In hierarchical political systems, tipping points can be seen as alarmist and mischievous, while in individualistic patterns, tipping points can be regarded as a case for dreaded state intervention. Thus, debates about tipping points can be as much about unveiling underlying ideologies and misperceptions as advancing fresh thinking and creative adaptation.
Joseph Epes Brown
- Published in print:
- 2001
- Published Online:
- January 2009
- ISBN:
- 9780195138757
- eISBN:
- 9780199871759
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195138757.001.0001
- Subject:
- Religion, World Religions
This book offers a thematic approach to looking at Native American religious traditions. Within the great multiplicity of Native American cultures, the book observes certain common themes that ...
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This book offers a thematic approach to looking at Native American religious traditions. Within the great multiplicity of Native American cultures, the book observes certain common themes that resonate within many Native traditions. It demonstrates how themes within native traditions connect with each other, at the same time upholding the integrity of individual traditions. The book illustrates each of these themes with explorations of specific native cultures including Lakota, Navajo, Apache, Koyukon, and Ojibwe. It demonstrates how Native American values provide an alternative metaphysics that stand opposed to modern materialism. It also shows how these spiritual values provide material for a serious rethinking of modern attitudes—especially toward the environment—as well as how they may help non-native peoples develop a more sensitive response to native concerns. Throughout, the book draws on the author's extensive personal experience with Black Elk, who came to symbolize for many the greatness of the imperiled native cultures.Less
This book offers a thematic approach to looking at Native American religious traditions. Within the great multiplicity of Native American cultures, the book observes certain common themes that resonate within many Native traditions. It demonstrates how themes within native traditions connect with each other, at the same time upholding the integrity of individual traditions. The book illustrates each of these themes with explorations of specific native cultures including Lakota, Navajo, Apache, Koyukon, and Ojibwe. It demonstrates how Native American values provide an alternative metaphysics that stand opposed to modern materialism. It also shows how these spiritual values provide material for a serious rethinking of modern attitudes—especially toward the environment—as well as how they may help non-native peoples develop a more sensitive response to native concerns. Throughout, the book draws on the author's extensive personal experience with Black Elk, who came to symbolize for many the greatness of the imperiled native cultures.
Curtis J. Evans
- Published in print:
- 2008
- Published Online:
- May 2008
- ISBN:
- 9780195328189
- eISBN:
- 9780199870028
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195328189.001.0001
- Subject:
- Religion, Religion and Society
This book is about the crucial role that black religion has played in the United States as an imagined community or a united nation. The book argues that cultural images and interpretations of ...
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This book is about the crucial role that black religion has played in the United States as an imagined community or a united nation. The book argues that cultural images and interpretations of African American religion placed an enormous burden on black religious capacities as the source for black contributions to American culture until the 1940s. Attention to black religion as the chief bearer of meaning for black life was also a result of longstanding debates about what constituted the “human person” and an implicit assertion of the intellectual inferiority of peoples of African descent. Intellectual and religious capacities were reshaped and reconceptualized in various crucial historical moments in American history because of real world debates about blacks' place in the nation and continuing discussions about what it meant to be fully human. Only within the last half century has this older paradigm of black religion (and the concomitant assumption of a genetic deficiency in “intelligence”) been challenged with any degree of cultural authority. Black innate religiosity had to be denied before sufficient attention could be paid to actual proposals about black equal participation in the nation, though this should not be interpreted as a call for insufficient attention to the role of religion in the lives of African Americans and other ethnic groups.Less
This book is about the crucial role that black religion has played in the United States as an imagined community or a united nation. The book argues that cultural images and interpretations of African American religion placed an enormous burden on black religious capacities as the source for black contributions to American culture until the 1940s. Attention to black religion as the chief bearer of meaning for black life was also a result of longstanding debates about what constituted the “human person” and an implicit assertion of the intellectual inferiority of peoples of African descent. Intellectual and religious capacities were reshaped and reconceptualized in various crucial historical moments in American history because of real world debates about blacks' place in the nation and continuing discussions about what it meant to be fully human. Only within the last half century has this older paradigm of black religion (and the concomitant assumption of a genetic deficiency in “intelligence”) been challenged with any degree of cultural authority. Black innate religiosity had to be denied before sufficient attention could be paid to actual proposals about black equal participation in the nation, though this should not be interpreted as a call for insufficient attention to the role of religion in the lives of African Americans and other ethnic groups.
Nicholas P. Money
- Published in print:
- 2004
- Published Online:
- September 2007
- ISBN:
- 9780195172270
- eISBN:
- 9780199790258
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195172270.001.0001
- Subject:
- Biology, Microbiology
We live on a very moldy planet. Microscopic fungi blossom on every scrap of plant debris and are part of every crumb of soil. Molds can also grow in great profusion in our homes and workplaces, ...
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We live on a very moldy planet. Microscopic fungi blossom on every scrap of plant debris and are part of every crumb of soil. Molds can also grow in great profusion in our homes and workplaces, colonizing damp walls and filling the air with their spores. Recently, these indoor molds have acquired a very bad reputation. In a textbook illustration of a media frenzy, black and toxic molds have been spotlighted as an insidious threat to the modern way of life. Stories of homes overrun by fungi have heightened the public’s awareness of indoor molds and the mere sight of a discolored shower curtain can be enough to provoke panic. Among the thousands of mold species, one fungus, Stachybotrys chartarum, has been singled out as a particular menace. This puzzling microbe was first identified on damp wallpaper in Prague in the 19th century, but is now known throughout North America. Stachybotrys produces an alarming range of toxins, but claims that its spores can cause lung damage, disrupt the immune system, and even impair memory have limited support from scientific studies. This book explores the case against Stachybotrys and other indoor molds, offering an objective assessment of the public and scientific perception of these intriguing microbes, their effects upon human health, and their significance in the courtroom.Less
We live on a very moldy planet. Microscopic fungi blossom on every scrap of plant debris and are part of every crumb of soil. Molds can also grow in great profusion in our homes and workplaces, colonizing damp walls and filling the air with their spores. Recently, these indoor molds have acquired a very bad reputation. In a textbook illustration of a media frenzy, black and toxic molds have been spotlighted as an insidious threat to the modern way of life. Stories of homes overrun by fungi have heightened the public’s awareness of indoor molds and the mere sight of a discolored shower curtain can be enough to provoke panic. Among the thousands of mold species, one fungus, Stachybotrys chartarum, has been singled out as a particular menace. This puzzling microbe was first identified on damp wallpaper in Prague in the 19th century, but is now known throughout North America. Stachybotrys produces an alarming range of toxins, but claims that its spores can cause lung damage, disrupt the immune system, and even impair memory have limited support from scientific studies. This book explores the case against Stachybotrys and other indoor molds, offering an objective assessment of the public and scientific perception of these intriguing microbes, their effects upon human health, and their significance in the courtroom.
Veit Erlmann
- Published in print:
- 1999
- Published Online:
- May 2008
- ISBN:
- 9780195123678
- eISBN:
- 9780199868797
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195123678.003.00017
- Subject:
- Music, Ethnomusicology, World Music
The story of the African Choir, Zulu Choir, and Ladysmith Black Mambazo is a story about the disjunctures and ambiguities of racial, national, and personal identities. As such, this story highlights ...
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The story of the African Choir, Zulu Choir, and Ladysmith Black Mambazo is a story about the disjunctures and ambiguities of racial, national, and personal identities. As such, this story highlights the specific black forms of modernity emerging from the diasporic connections between Africa and the West.Less
The story of the African Choir, Zulu Choir, and Ladysmith Black Mambazo is a story about the disjunctures and ambiguities of racial, national, and personal identities. As such, this story highlights the specific black forms of modernity emerging from the diasporic connections between Africa and the West.
L. Weiskrantz
- Published in print:
- 1990
- Published Online:
- January 2008
- ISBN:
- 9780198521921
- eISBN:
- 9780191706226
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198521921.003.0012
- Subject:
- Psychology, Cognitive Neuroscience
D. B. acknowledged having some sort of impression or feeling when a stimulus was abruptly presented, but failed to ascribe any sense of ‘brightness’ to the experience. This led to the question of ...
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D. B. acknowledged having some sort of impression or feeling when a stimulus was abruptly presented, but failed to ascribe any sense of ‘brightness’ to the experience. This led to the question of whether he could respond differentially to the direction of contrast of a stimulus. He was instructed to guess whether a stimulus (a small black or white square on a gray ground) was black or white, and had no difficulty in doing so. He did not describe them as being bright or dark, but said one of them (the white one) seemed ‘closer’ to him while the other seemed ‘farther away’. This type of comment was consistent with his reports in presence/absence judgments, in which he also made reports of the relative ‘closeness’ of the event.Less
D. B. acknowledged having some sort of impression or feeling when a stimulus was abruptly presented, but failed to ascribe any sense of ‘brightness’ to the experience. This led to the question of whether he could respond differentially to the direction of contrast of a stimulus. He was instructed to guess whether a stimulus (a small black or white square on a gray ground) was black or white, and had no difficulty in doing so. He did not describe them as being bright or dark, but said one of them (the white one) seemed ‘closer’ to him while the other seemed ‘farther away’. This type of comment was consistent with his reports in presence/absence judgments, in which he also made reports of the relative ‘closeness’ of the event.
Prudence L. Carter
- Published in print:
- 2007
- Published Online:
- May 2012
- ISBN:
- 9780195168624
- eISBN:
- 9780199943968
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195168624.001.0001
- Subject:
- Sociology, Education
How can we help African American and Latino students perform better in the classroom and on exams? Why are so many African American and Latino students performing less well than their Asian and White ...
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How can we help African American and Latino students perform better in the classroom and on exams? Why are so many African American and Latino students performing less well than their Asian and White peers? Researchers have argued that African American and Latino students who rebel against “acting white” doom themselves to lower levels of scholastic, economic, and social achievement. However, this book argues that what is needed is a broader recognition of the unique cultural styles and practices that non-white students bring to the classroom. Based on extensive interviews and surveys of students in New York, the book demonstrates that the most successful negotiators of the American school systems are the multicultural navigators, culturally savvy teens who draw from multiple traditions, whether it be knowledge of hip hop or of classical music, to achieve their high ambitions. The book refutes the common wisdom about teenage behavior and racial difference, and shows how intercultural communication, rather than assimilation, can help close the black-white gap.Less
How can we help African American and Latino students perform better in the classroom and on exams? Why are so many African American and Latino students performing less well than their Asian and White peers? Researchers have argued that African American and Latino students who rebel against “acting white” doom themselves to lower levels of scholastic, economic, and social achievement. However, this book argues that what is needed is a broader recognition of the unique cultural styles and practices that non-white students bring to the classroom. Based on extensive interviews and surveys of students in New York, the book demonstrates that the most successful negotiators of the American school systems are the multicultural navigators, culturally savvy teens who draw from multiple traditions, whether it be knowledge of hip hop or of classical music, to achieve their high ambitions. The book refutes the common wisdom about teenage behavior and racial difference, and shows how intercultural communication, rather than assimilation, can help close the black-white gap.
Maxine Craig
- Published in print:
- 2002
- Published Online:
- October 2011
- ISBN:
- 9780195152623
- eISBN:
- 9780199849345
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195152623.001.0001
- Subject:
- History, American History: 20th Century
This book is a study of black women as symbols, and as participants, in the reshaping of the meaning of black racial identity. The meanings and practices of racial identity are continually reshaped ...
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This book is a study of black women as symbols, and as participants, in the reshaping of the meaning of black racial identity. The meanings and practices of racial identity are continually reshaped as a result of the interplay of actions taken at the individual and institutional levels. In chapters that detail the history of pre-Civil Rights Movement black beauty pageants, later efforts to integrate beauty contests, and the transformation in beliefs and practices relating to black beauty in the 1960s, the book develops a model for understanding social processes of racial change. It places changing black hair practices and standards of beauty in historical context and shows the powerful role social movements have had in reshaping the texture of everyday life. The Civil Rights and Black Power Movements led a generation to question hair straightening and to establish a new standard of beauty that was summed up in the words “black is beautiful.” Through oral history interviews with Civil Rights and Black Power Movement activists and ordinary women, the book documents the meaning of these changes in black women's lives.Less
This book is a study of black women as symbols, and as participants, in the reshaping of the meaning of black racial identity. The meanings and practices of racial identity are continually reshaped as a result of the interplay of actions taken at the individual and institutional levels. In chapters that detail the history of pre-Civil Rights Movement black beauty pageants, later efforts to integrate beauty contests, and the transformation in beliefs and practices relating to black beauty in the 1960s, the book develops a model for understanding social processes of racial change. It places changing black hair practices and standards of beauty in historical context and shows the powerful role social movements have had in reshaping the texture of everyday life. The Civil Rights and Black Power Movements led a generation to question hair straightening and to establish a new standard of beauty that was summed up in the words “black is beautiful.” Through oral history interviews with Civil Rights and Black Power Movement activists and ordinary women, the book documents the meaning of these changes in black women's lives.
Cathy J. Cohen
- Published in print:
- 2009
- Published Online:
- July 2012
- ISBN:
- 9780195392135
- eISBN:
- 9780199852543
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195392135.003.0010
- Subject:
- Political Science, American Politics
This chapter attempts to discover the attitudes of young black Americans towards the government. Two perspectives are considered in this chapter. The first perspective relates to Kanye West's ...
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This chapter attempts to discover the attitudes of young black Americans towards the government. Two perspectives are considered in this chapter. The first perspective relates to Kanye West's cynicism and frustration on the American political community. With typhoon Katrina as a reminder, black people believe that they are still treated like second-class citizens and government help is sluggish in times of crisis. The second perspective, on the other hand, promotes hope and a positive outlook on the government which has been popularized by Barack Obama. This is seen during the rallies for Obama, wherein thousands of young people participated to demonstrate their support. In addition, the chapter examines the reason why black people are still politically alienated despite the increasing opportunities provided to them.Less
This chapter attempts to discover the attitudes of young black Americans towards the government. Two perspectives are considered in this chapter. The first perspective relates to Kanye West's cynicism and frustration on the American political community. With typhoon Katrina as a reminder, black people believe that they are still treated like second-class citizens and government help is sluggish in times of crisis. The second perspective, on the other hand, promotes hope and a positive outlook on the government which has been popularized by Barack Obama. This is seen during the rallies for Obama, wherein thousands of young people participated to demonstrate their support. In addition, the chapter examines the reason why black people are still politically alienated despite the increasing opportunities provided to them.
Karolyn Tyson (ed.)
- Published in print:
- 2011
- Published Online:
- May 2012
- ISBN:
- 9780199736447
- eISBN:
- 9780199943951
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199736447.001.0001
- Subject:
- Sociology, Education
An all-too-popular explanation for why black students aren't doing better in school is their own use of the “acting white” slur to ridicule fellow blacks for taking advanced classes, doing ...
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An all-too-popular explanation for why black students aren't doing better in school is their own use of the “acting white” slur to ridicule fellow blacks for taking advanced classes, doing schoolwork, and striving to earn high grades. Carefully reconsidering how and why black students have come to equate school success with whiteness, this book argues that when students understand race to be connected with achievement, it is a powerful lesson conveyed by schools, not their peers. Drawing on over ten years of ethnographic research, the book shows how equating school success with “acting white” arose in the aftermath of Brown v. Board of Education through the practice of curriculum tracking, which separates students for instruction, ostensibly by ability and prior achievement. Only in very specific circumstances, when black students are drastically underrepresented in advanced and gifted classes, do anxieties about “the burden of acting white” emerge. Racialized tracking continues to define the typical American secondary school, but it goes unremarked, except by the young people who experience its costs and consequences daily. The narratives in this book throw light on the complex relationships underlying school behaviors and convincingly demonstrate that the problem lies not with students, but instead with how America organizes its schools.Less
An all-too-popular explanation for why black students aren't doing better in school is their own use of the “acting white” slur to ridicule fellow blacks for taking advanced classes, doing schoolwork, and striving to earn high grades. Carefully reconsidering how and why black students have come to equate school success with whiteness, this book argues that when students understand race to be connected with achievement, it is a powerful lesson conveyed by schools, not their peers. Drawing on over ten years of ethnographic research, the book shows how equating school success with “acting white” arose in the aftermath of Brown v. Board of Education through the practice of curriculum tracking, which separates students for instruction, ostensibly by ability and prior achievement. Only in very specific circumstances, when black students are drastically underrepresented in advanced and gifted classes, do anxieties about “the burden of acting white” emerge. Racialized tracking continues to define the typical American secondary school, but it goes unremarked, except by the young people who experience its costs and consequences daily. The narratives in this book throw light on the complex relationships underlying school behaviors and convincingly demonstrate that the problem lies not with students, but instead with how America organizes its schools.
Price V. Fishback
- Published in print:
- 1992
- Published Online:
- October 2011
- ISBN:
- 9780195067255
- eISBN:
- 9780199855025
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195067255.003.0012
- Subject:
- Economics and Finance, Economic History
Coal mining offered the opportunity to earn money quickly during booms, but it was a dirty, dangerous job often located in isolated little towns. To protect themselves against exploitation by ...
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Coal mining offered the opportunity to earn money quickly during booms, but it was a dirty, dangerous job often located in isolated little towns. To protect themselves against exploitation by employers, coal miners exercised both voice and exit. The voice came in the form of collective action either through the formation of labor unions or labor strikes. The United Mine Workers of America (UMWA) enhanced the welfare of their members in several ways. Within the coal industry, miners obtained higher wages by joining the union and striking. The union did not necessarily lead to a better situation in all phases of the job, however. Accident rates were no lower in union than in non-union mines, nor was the quality of sanitation better, holding other factors constant. Blacks were welcomed into the union in the mining areas where they had long been located, but a number of union locals in the North treated blacks as pariahs. The UMWA was crushed along with the coal operators by the deterioration of the industry in the late 1920s and early 1930s.Less
Coal mining offered the opportunity to earn money quickly during booms, but it was a dirty, dangerous job often located in isolated little towns. To protect themselves against exploitation by employers, coal miners exercised both voice and exit. The voice came in the form of collective action either through the formation of labor unions or labor strikes. The United Mine Workers of America (UMWA) enhanced the welfare of their members in several ways. Within the coal industry, miners obtained higher wages by joining the union and striking. The union did not necessarily lead to a better situation in all phases of the job, however. Accident rates were no lower in union than in non-union mines, nor was the quality of sanitation better, holding other factors constant. Blacks were welcomed into the union in the mining areas where they had long been located, but a number of union locals in the North treated blacks as pariahs. The UMWA was crushed along with the coal operators by the deterioration of the industry in the late 1920s and early 1930s.
Michael Hanchard
- Published in print:
- 2006
- Published Online:
- October 2011
- ISBN:
- 9780195176247
- eISBN:
- 9780199851003
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195176247.001.0001
- Subject:
- Political Science, American Politics
This treatment of “party” life traces the many different forms of communal expression that underlie black parties. It reveals new dimensions to the way we think about the cultural and political ...
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This treatment of “party” life traces the many different forms of communal expression that underlie black parties. It reveals new dimensions to the way we think about the cultural and political sphere, both nationally and transnationally. This book draws broadly on examples from popular culture, literature, social movements, and daily life to explore an array of themes ranging from black ideologies, the demise of Black power and Third Worldism as emancipatory projects for liberation, to more contemporary issues and debates on multiculturalism and transnational forms of identity. Capturing what is often overlooked due to an emphasis on nations, on surveys, and on formal institutions, it offers an expansive, integrated framework for the study of not only black politics but of political and social theory the world over.Less
This treatment of “party” life traces the many different forms of communal expression that underlie black parties. It reveals new dimensions to the way we think about the cultural and political sphere, both nationally and transnationally. This book draws broadly on examples from popular culture, literature, social movements, and daily life to explore an array of themes ranging from black ideologies, the demise of Black power and Third Worldism as emancipatory projects for liberation, to more contemporary issues and debates on multiculturalism and transnational forms of identity. Capturing what is often overlooked due to an emphasis on nations, on surveys, and on formal institutions, it offers an expansive, integrated framework for the study of not only black politics but of political and social theory the world over.
Stephen Hopgood
- Published in print:
- 2005
- Published Online:
- January 2007
- ISBN:
- 9780199276998
- eISBN:
- 9780191707735
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199276998.003.0002
- Subject:
- Political Science, International Relations and Politics
The Liberation Tigers of Tamil Eelam (LTTE) have been fighting a war for the national liberation of Tamils living in the north and east of Sri Lanka since the early 1970s. This chapter addresses a ...
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The Liberation Tigers of Tamil Eelam (LTTE) have been fighting a war for the national liberation of Tamils living in the north and east of Sri Lanka since the early 1970s. This chapter addresses a series of questions concerning both organizational and individual motivations. Why were the Black Tigers formed? How and why have they been deployed? Why did the intensity of their use Xuctuate? Who becomes a Black Tiger? Why have they acquired such a powerful reputation? The first section gives a brief history of the conflict. The second looks at the Black Tigers in the context of the LTTE, the third at the Black Tigers as a unit, and the fourth at what little can be said about personal motivations. The chapter concludes with some conjectures about the Black Tigers at both the organizational and personal levels.Less
The Liberation Tigers of Tamil Eelam (LTTE) have been fighting a war for the national liberation of Tamils living in the north and east of Sri Lanka since the early 1970s. This chapter addresses a series of questions concerning both organizational and individual motivations. Why were the Black Tigers formed? How and why have they been deployed? Why did the intensity of their use Xuctuate? Who becomes a Black Tiger? Why have they acquired such a powerful reputation? The first section gives a brief history of the conflict. The second looks at the Black Tigers in the context of the LTTE, the third at the Black Tigers as a unit, and the fourth at what little can be said about personal motivations. The chapter concludes with some conjectures about the Black Tigers at both the organizational and personal levels.
Ser-Huang Poon and Richard Stapleton
- Published in print:
- 2005
- Published Online:
- July 2005
- ISBN:
- 9780199271443
- eISBN:
- 9780191602559
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199271445.001.0001
- Subject:
- Economics and Finance, Financial Economics
Relying on the existence, in a complete market, of a pricing kernel, this book covers the pricing of assets, derivatives, and bonds in a discrete time, complete markets framework. It is primarily ...
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Relying on the existence, in a complete market, of a pricing kernel, this book covers the pricing of assets, derivatives, and bonds in a discrete time, complete markets framework. It is primarily aimed at advanced Masters and PhD students in finance. Topics covered include CAPM, non-marketable background risks, European-style contingent claims as in Black–Scholes and in cases where risk-neutral valuation relationship does not exist, multi-period asset pricing under rational expectations, forward and futures contracts on assets and derivatives, and bond pricing under stochastic interest rates. All the proofs, including a discrete time proof of the Libor market model, are shown explicitly.Less
Relying on the existence, in a complete market, of a pricing kernel, this book covers the pricing of assets, derivatives, and bonds in a discrete time, complete markets framework. It is primarily aimed at advanced Masters and PhD students in finance. Topics covered include CAPM, non-marketable background risks, European-style contingent claims as in Black–Scholes and in cases where risk-neutral valuation relationship does not exist, multi-period asset pricing under rational expectations, forward and futures contracts on assets and derivatives, and bond pricing under stochastic interest rates. All the proofs, including a discrete time proof of the Libor market model, are shown explicitly.
Joanna Brooks
- Published in print:
- 2007
- Published Online:
- October 2011
- ISBN:
- 9780195332919
- eISBN:
- 9780199851263
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195332919.001.0001
- Subject:
- Literature, African-American Literature
The 1780s and 1790s were a critical era for communities of color in the new United States of America. Even Thomas Jefferson observed that in the aftermath of the American Revolution, “the spirit of ...
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The 1780s and 1790s were a critical era for communities of color in the new United States of America. Even Thomas Jefferson observed that in the aftermath of the American Revolution, “the spirit of the master is abating, that of the slave rising from the dust.” This book explores the means by which the very first black and Indian authors rose up to transform their communities and the course of American literary history. It argues that the origins of modern African American and American Indian literatures emerged at the revolutionary crossroads of religion and racial formation as early black and Indian authors reinvented American evangelicalism and created new postslavery communities, new categories of racial identification, and new literary traditions. While shedding light on the pioneering figures of African American and Native American cultural history—including Samson Occom, Prince Hall, Richard Allen, Absalom Jones, and John Marrant—this work also explores a set of little-known black and Indian sermons, narratives, journals, and hymns. Chronicling the early American communities of color from the separatist Christian Indian settlement in upstate New York to the first African Lodge of Freemasons in Boston, it shows how 18th-century black and Indian writers forever shaped the American experience of race and religion.Less
The 1780s and 1790s were a critical era for communities of color in the new United States of America. Even Thomas Jefferson observed that in the aftermath of the American Revolution, “the spirit of the master is abating, that of the slave rising from the dust.” This book explores the means by which the very first black and Indian authors rose up to transform their communities and the course of American literary history. It argues that the origins of modern African American and American Indian literatures emerged at the revolutionary crossroads of religion and racial formation as early black and Indian authors reinvented American evangelicalism and created new postslavery communities, new categories of racial identification, and new literary traditions. While shedding light on the pioneering figures of African American and Native American cultural history—including Samson Occom, Prince Hall, Richard Allen, Absalom Jones, and John Marrant—this work also explores a set of little-known black and Indian sermons, narratives, journals, and hymns. Chronicling the early American communities of color from the separatist Christian Indian settlement in upstate New York to the first African Lodge of Freemasons in Boston, it shows how 18th-century black and Indian writers forever shaped the American experience of race and religion.
Miguel Alcubierre
- Published in print:
- 2008
- Published Online:
- September 2008
- ISBN:
- 9780199205677
- eISBN:
- 9780191709371
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199205677.001.0001
- Subject:
- Physics, Theoretical, Computational, and Statistical Physics
This book introduces the modern field of 3+1 numerical relativity. It has been written in a way as to be as self-contained as possible, and assumes a basic knowledge of special relativity. Starting ...
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This book introduces the modern field of 3+1 numerical relativity. It has been written in a way as to be as self-contained as possible, and assumes a basic knowledge of special relativity. Starting from a brief introduction to general relativity, it discusses the different concepts and tools necessary for the fully consistent numerical simulation of relativistic astrophysical systems, with strong and dynamical gravitational fields. Among the topics discussed in detail are the following: the initial data problem, hyperbolic reductions of the field equations, gauge conditions, the evolution of black hole space-times, relativistic hydrodynamics, gravitational wave extraction, and numerical methods. There is also a final chapter with examples of some simple numerical space-times.Less
This book introduces the modern field of 3+1 numerical relativity. It has been written in a way as to be as self-contained as possible, and assumes a basic knowledge of special relativity. Starting from a brief introduction to general relativity, it discusses the different concepts and tools necessary for the fully consistent numerical simulation of relativistic astrophysical systems, with strong and dynamical gravitational fields. Among the topics discussed in detail are the following: the initial data problem, hyperbolic reductions of the field equations, gauge conditions, the evolution of black hole space-times, relativistic hydrodynamics, gravitational wave extraction, and numerical methods. There is also a final chapter with examples of some simple numerical space-times.
Charles D. Bailyn
- Published in print:
- 2014
- Published Online:
- October 2017
- ISBN:
- 9780691148823
- eISBN:
- 9781400850563
- Item type:
- chapter
- Publisher:
- Princeton University Press
- DOI:
- 10.23943/princeton/9780691148823.003.0008
- Subject:
- Physics, Particle Physics / Astrophysics / Cosmology
This chapter examines the spin of a black hole. The spin is usually described as a nondimensional parameter, which can range from zero (a nonspinning black hole) to one (a situation described as ...
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This chapter examines the spin of a black hole. The spin is usually described as a nondimensional parameter, which can range from zero (a nonspinning black hole) to one (a situation described as “maximally spinning”). The differences in space-time between a nonspinning Schwarzschild black hole and a Kerr black hole of the same mass have potentially observable effects. The most obvious of these differences is the position of the innermost stable circular orbit (ISCO), which has a significant effect on the inner edge of an accretion disk. It is through determination of the physical size of the ISCO that the spins of black holes are determined.Less
This chapter examines the spin of a black hole. The spin is usually described as a nondimensional parameter, which can range from zero (a nonspinning black hole) to one (a situation described as “maximally spinning”). The differences in space-time between a nonspinning Schwarzschild black hole and a Kerr black hole of the same mass have potentially observable effects. The most obvious of these differences is the position of the innermost stable circular orbit (ISCO), which has a significant effect on the inner edge of an accretion disk. It is through determination of the physical size of the ISCO that the spins of black holes are determined.
Louis A. Girifalco
- Published in print:
- 2007
- Published Online:
- January 2008
- ISBN:
- 9780199228966
- eISBN:
- 9780191711183
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199228966.003.0019
- Subject:
- Physics, History of Physics
Gravity is responsible not only for the existence of stars and planets; it also creates the weirdest objects imaginable. A body with mass greater than 1.4 solar masses cannot remain a white dwarf and ...
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Gravity is responsible not only for the existence of stars and planets; it also creates the weirdest objects imaginable. A body with mass greater than 1.4 solar masses cannot remain a white dwarf and will collapse into a neutron star. But if the mass is greater than about two and a half solar masses, the collapse will continue until it becomes a black hole. This is the strangest object in the universe. Its gravity is so strong that even light cannot get out of it. Anything near it is sucked in, crushed to a point, and approaches infinite density. The laws of physics as now known do not apply at the centre of a black hole and the very meaning of its existence is in doubt.Less
Gravity is responsible not only for the existence of stars and planets; it also creates the weirdest objects imaginable. A body with mass greater than 1.4 solar masses cannot remain a white dwarf and will collapse into a neutron star. But if the mass is greater than about two and a half solar masses, the collapse will continue until it becomes a black hole. This is the strangest object in the universe. Its gravity is so strong that even light cannot get out of it. Anything near it is sucked in, crushed to a point, and approaches infinite density. The laws of physics as now known do not apply at the centre of a black hole and the very meaning of its existence is in doubt.
Louis A. Girifalco
- Published in print:
- 2007
- Published Online:
- January 2008
- ISBN:
- 9780199228966
- eISBN:
- 9780191711183
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199228966.003.0022
- Subject:
- Physics, History of Physics
Relativity gives us a picture of the world that is bizarre: rulers that shrink, clocks that slow down, light that bends, mass and energy being the same, black holes that snuff out existence. These ...
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Relativity gives us a picture of the world that is bizarre: rulers that shrink, clocks that slow down, light that bends, mass and energy being the same, black holes that snuff out existence. These things can be true and such notions all arise from actual experiment and ordinary, rigorous logic. They are strange to us because they are not part of our intuition, which was shaped by events at ordinary speeds and low gravity. But we must go where experiment and logic take us.Less
Relativity gives us a picture of the world that is bizarre: rulers that shrink, clocks that slow down, light that bends, mass and energy being the same, black holes that snuff out existence. These things can be true and such notions all arise from actual experiment and ordinary, rigorous logic. They are strange to us because they are not part of our intuition, which was shaped by events at ordinary speeds and low gravity. But we must go where experiment and logic take us.
Tomas Björk
- Published in print:
- 2004
- Published Online:
- October 2005
- ISBN:
- 9780199271269
- eISBN:
- 9780191602849
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199271267.003.0012
- Subject:
- Economics and Finance, Financial Economics
This chapter discusses the standard Black-Scholes model from the martingale point of view. The probability space (Ω, □, P, □-) carrying a P-Wiener process W-, where the filtration □- is the one ...
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This chapter discusses the standard Black-Scholes model from the martingale point of view. The probability space (Ω, □, P, □-) carrying a P-Wiener process W-, where the filtration □- is the one generated by W-, i.e. □ t = □ t W-. On this space, the model is defined by d S t = α S t D t + σ S t d W- t, d B t = r B t d t. The Black-Scholes model is proven to be arbitrage free and complete.Less
This chapter discusses the standard Black-Scholes model from the martingale point of view. The probability space (Ω, □, P, □-) carrying a P-Wiener process W-, where the filtration □- is the one generated by W-, i.e. □ t = □ t W-. On this space, the model is defined by d S t = α S t D t + σ S t d W- t, d B t = r B t d t. The Black-Scholes model is proven to be arbitrage free and complete.