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Authority, Legitimacy, And The Obligation To Obey The Law, Richard Dagger
Authority, Legitimacy, And The Obligation To Obey The Law, Richard Dagger
Political Science Faculty Publications
According to the standard or traditional account, those who hold political authority legitimately have a right to rule that entails an obligation of obedience on the part of those who are subject to their authority. In recent decades, however, and in part in response to philosophical anarchism, a number of philosophers have challenged the standard account by reconceiving authority in ways that break or weaken the connection between political authority and obligation. This paper argues against these revisionist accounts in two ways: first, by pointing to defects in their conceptions of authority; and second, by sketching a fair-play approach to …
Fiscal Forecasts At The Fomc: Evidence From The Greenbooks, Dean D. Croushore, Simon Van Norden
Fiscal Forecasts At The Fomc: Evidence From The Greenbooks, Dean D. Croushore, Simon Van Norden
Economics Faculty Publications
This paper examines fiscal policy forecasts prepared for the Federal Open Market Committee and its influence on U.S. monetary policy. The forecasts contain useful information beyond that in the CBO’s forecasts. Fiscal forecast errors are only weakly correlated with forecast errors for inflation and output growth, but those for the budget surplus are highly correlated with those for the unemployment rate and the output gap. Some fiscal variables can also account for a significant fraction of the “exogenous” changes in the federal funds rate target that Romer and Romer (2004) studied, consistent with the board’s statements on the importance of …
Agglomeration Effects And Strategic Orientations: Evidence From The U.S. Lodging Industry, Linda Canina, Cathy A. Enz, Jeffrey S. Harrison
Agglomeration Effects And Strategic Orientations: Evidence From The U.S. Lodging Industry, Linda Canina, Cathy A. Enz, Jeffrey S. Harrison
Management Faculty Publications
This study provides evidence regarding the strategic dynamics of competitive clusters. Firms that agglomerate (co-locate) may benefit from the differentiation of competitors without making similar differentiating investments themselves. Alternatively, co-locating with a high percentage of firms with low-cost strategic orientations reduces performance for firms pursuing high levels of differentiation. Further, the lowest-cost providers with the greatest strategic distance from the norm of the competitive cluster reap the greatest benefit from co-location with differentiated firms. We find empirical support for these ideas using a sample of 14,995 U.S. lodging establishments, and controlling for a number of key demand-shaping factors.
Psyche's Muse: The Role Of Metaphor In Psychology, David E. Leary
Psyche's Muse: The Role Of Metaphor In Psychology, David E. Leary
Psychology Faculty Publications
Ever since Aristotle asserted that "the greatest thing by far is to be a master of metaphor," numerous scholars have studied and written about the nature and functions of metaphor.1 The vast majority of these scholars have focused on metaphor as a distinctive use of language that has various rhetorical functions.2 Recently, however, some scholars have begun to dig deeper into the topic, investigating the possibility that metaphor is not only a form of speech, but more fundamentally a form of thought, having basic epistemological functions.3 With regard to science, for instance, such scholars as Arbib and …