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"Banks seem all too often involved in cases of misconduct, particularly involving the exploitation of tax systems. 'Banking on Failure' explains why and how banks "game the system", accounting for these misconduct cases and analysing the wider implications for financial markets and tax systems.0'Banking on Failure: Cum-Ex and Why and How Banks Game the System' explains why banks design and use structured products to exploit tax systems. It describes one of the biggest and most complex cases - the "cum-ex" scandal - in which hundreds of banks and funds from across the globe participated in the raid on the public exchequers of a number of countries, with losses in the tens of billions of euros. The book then draws on the significance of this case study, and what this tells us about modern banks and their interactions with tax systems. 'Banking on Failure' demonstrates why the exploitation of tax systems by banks is an inevitable feature of the financial markets landscape, and suggests possible responses."

Introduction to The General Theory of Second Best, Its Central Implications, and the Appropriate Way to Respond to It -- The Economics Profession's Responses to The General Theory of Second Best: Descriptions and Critiques -- The Concept of "the Impact of a Choice (or Natural Event) on Economic Efficiency" -- "First-Best," "Second-Best," and "Third-Best" Definitions, Elaborations, and Other Economists' Usages -- The Symbols for Various Pareto Imperfections, Private and Allocative Concepts, Categories of Resource-Uses, and Categories of Resource Allocations -- The Vocabulary and Symbols of Distortion Analysis -- Analyses of Various Step-Wise Monopoly Distortions -- The Various Non-Monopoly Step-Wise Private-Benefit, Private-Cost, and Profit Distortions -- Some Negative and Positive Implications of the TBLE Distortion-Analysis Protocol for Economic-Efficiency Prediction/Post-Diction -- The Approach That Would Be TBLE for a Government to Take to Economic-Efficiency Prediction/Post-diction—the Rest of the Story -- Conclusion.

The Emergence of Modern Hinduism argues for the importance of regional, vernacular innovation in processes of Hindu modernization. Scholars usually trace the emergence of modern Hinduism to cosmopolitan reform movements, highlighting the centrality of elite religion and the influence of Western ideas and models. This book proposes, instead, that important projects of modernity were pursued on the colonial margins, by actors deeply embedded in tradition and deploying all its resources as the key means for change, using texts and languages not associated with centralized power or national or global discourses. It focuses on one such figure, the Tamil Shaiva poet and mystic Ramalinga Swami (1823–1874). Ramalinga emphasized the continuities of tradition, new revelation, the possibility of the miraculous, and an ethics of inclusion that challenged caste and class boundaries. His vision provided a counterpoint to reform Hinduism, yet his projects were no less modern than their cosmopolitan counterparts. By including Ramalinga, and figures like him, in historical accounts of religious modernization, we can develop new ways of thinking about modern Hinduism that more accurately reflect its diverse ways of being modern. The book thus effects a fundamental shift in the way we conceptualize the emergence of modern religion, as well as the concept of the "modern" itself, in South Asia and beyond.

"This book assesses the foreign policy legacy of the Obama administration through the lens of national security and leadership. Timely, accessible chapters authored by leading scholars of presidential and international politics cover White House-Cabinet relations; Congress and War Powers; challenges including the Iran nuclear deal, ISIS, and the closing of Guantanamo Bay; drone strikes; the New Cold War with Russia; and the ways in which the Obama foreign policy legacy shaped the 2016 presidential election. In particular, the book explores the philosophical basis of counter-terrorism strategy in the Obama administration and traces how precepts differed from the administration of George W. Bush. More generally, the book contributes to an understanding of the distinctive interplay between the formal, constitutional powers of the president and the use of informal, executive powers in the quest for peace and security. Finally, the book surveys the challenges that Donald J. Trump faces in the transition to the new presidential administration. "--Provided by publisher.

Athletics, body imagery and spectacle : Greco-Roman practices, discourses and ideologies -- The politics of representation : English sport as an object and project of modernity -- "Staging" (capitalist/colonial) modernity : international exhibitions and Olympics -- German modernism, anti-modernism and the critical theory of sport -- A savage sorting of "winners" and "losers" : modernization, development, sport, and the challenge of slums

"The presidential-congressional relationship is the most important and vivid of all the inter-branch relationships. It defines presidential activities, priorities, and successes. No president, from Eisenhower to Nixon to Reagan, has been able to ignore or denigrate that relationship. Presidential Relations with Congress provides a succinct analysis of contemporary presidential-congressional relations in the post-World War II era. Richard S. Conley underscores what scholars have learned about presidents' interactions with Congress over time, the factors that account for success, and the methodologies that can measure success. He weaves the "bargaining", "institutional constraint", and "personality" perspectives of presidential relations with Congress alongside case studies of individual presidents' approaches, including agenda success, veto politics, and Supreme Court nominations. Presidential Relations with Congress emphasizes the changing nature of internal dynamics in Congress, as well as the importance of party control of both the White House and Capitol Hill. This engaging addition to the Presidential Briefings series provides students, scholars, and observers of presidential politics with an accessible and readable tool for analyzing and evaluating presidents' varied styles, successes, and failures in their relationships with Congress. Each chapter features specific examples of past presidents' approaches to influencing Congress."--Provided by publisher.

Cover -- Half Title -- Title -- Copyright -- Dedication -- Contents -- Preface and Acknowledgments -- 1 Introduction: Kul'turnost' and the Rhetoric of Proper Conduct -- Kul'turnost' -- Words of Behest, Words of Edification: Eighteenth-Century Cultural Policies -- 2 The Rhetoric of Consent: Radost', Liubov', Umilenie and Vostorg -- Baroque Demonstrations of Consent -- The Allure of Sentiment: Alexander I -- Vostorg and Umilenie -- Alexander II: Terms of Reciprocity -- The Millennium of Rus: The Apogee of Sentiment -- 3 Lichnost' and the Rhetoric of Duty: The Ethos of Service -- Nicholas Karamzin and Ethical Dualism -- The Loss of Bearings -- The Birth of the Intelligentsia: The Discovery of Lichnost' -- Hegel and the Destiny of the Individual -- 4 Lichnost' and the Rhetoric of Duty: In Quest of New Ideals -- The Scientific Turn -- The "Subjective Sociologists" and the Primacy of Lichnost' -- The Critique of Lichnost' -- The Aftermath of Revolution and the New Meanings of Lichnost' -- Later Developments -- 5 Pravda and the Rhetoric of Moral Transcendence -- Pravda and Zakon -- Tolstoy, Dostoevskii, Soloviev, and Pravda -- Philosophical Awakening: The Critique of Pravda -- Lenin and Pravda -- 6 Tselost' (Geographical Integrity) in the Rhetoric of the Russian State* -- Postscript: A Brief Exchange with the Editors of Ab Imperio -- Notes -- Preface -- Chapter 1 -- Chapter 2 -- Chapter 3 -- Chapter 4 -- Chapter 5 -- Chapter 6 -- Bibliography -- Contemporary Periodicals -- Index