This article starts from two books by Santiago Alba Rico and Peter Sloterdijk to address the problem of nihilism, leading Nietzsche Heidegger theoretically center discussion conclude that very idea Salvation is nihilistic belongs its own logic. The fundamental can be approached as conflict between escape some metaphysical or transcendent instance - State Revolution, material forms Kingdom -or i...

We study the labor market effects of realignment in fixed bilateral exchange rates, such as China’s peg to the US dollar. We employ the open economy model developed by de Melo and Robinson to identify the core parameters of the real, trade side of the economy driving the unemployment effects of bilateral exchange rate realignment. A small open economy version of the model is explored analytical...

This paper develops a methodology for including ecosystem services in a wealth accounting framework. Accounting for ecosystems and their services leads to adjusting net domestic product (NDP) for the direct benefits provided by the current stock of ecosystems but not for their indirect contributions in terms of protecting or supporting economic activity, property and human lives. When ecosystem...

The subject of this study is the current political and legal phenomenon, which “political aberration”. reveals content subject, considered, on one hand, as a manifestation nihilism, typical for actions public authorities structures within state due to their conscious or unconscious disregard norms international law, carried out in narrow corporate interests. On other it kind mechanism, weapon, ...

A typical shortcoming of most current credit portfolio models is the lack of a stochastic modeling of risk factors, such as interest rates or credit spreads, during the revaluation process at the risk horizon. Within the simple credit risk model underlying the Internal Ratings-based approach of Basel II with incorporated correlated interest rate risk the effect which results from neglecting the...

Despite growing scientific interest in the placebo effect and increasing understanding of neurobiological mechanisms, theoretical modeling of the placebo response remains poorly developed. The most extensively accepted theories are expectation and conditioning, involving both conscious and unconscious information processing. However, it is not completely understood how these mechanisms can shap...