The tasks of macroeconomics are to interpret observations on economic aggregates in terms of the motivations and constraints of economic agents and to predict the consequences of alternative hypothetical ways of administering government economic policy. General equilibrium models form a convenient context for analyzing such alternative government policies. In the past ten years, the strengths of general equilibrium models and the corresponding deficiencies of Keynesian and monetarist models of the 1960s have induced macroeconomists to begin applying general equilibrium models.

This book describes some general equilibrium models that are dynamic, that have been built to help interpret time-series of observations of economic aggregates and to predict the consequences of alternative government interventions. The first part of the book describes dynamic programming, search theory, and real dynamic capital pricing models. Among the applications are stochastic optimal growth models, matching models, arbitrage pricing theories, and theories of interest rates, stock prices, and options. The remaining parts of the book are devoted to issues in monetary theory; currency-in-utility-function models, cash-in-advance models, Townsend turnpike models, and overlapping generations models are all used to study a set of common issues. By putting these models to work on concrete problems in exercises offered throughout the text, Thomas Sargent provides insights into the strengths and weaknesses of these models of money. An appendix on functional analysis shows the unity that underlies the mathematics used in disparate areas of rational expectations economics.

This book on dynamic equilibrium macroeconomics is suitable for graduate-level courses; a companion book, Exercises in Dynamic Macroeconomic Theory, provides answers to the exercises and is also available from Harvard University Press.

Contrary to traditional theories of statutory interpretation, which ground statutes in the original legislative text or intent, legal scholar William Eskridge argues that statutory interpretation changes in response to new political alignments, new interpreters, and new ideologies. It does so, first of all, because it involves richer authoritative texts than does either common law or constitutional interpretation: statutes are often complex and have a detailed legislative history. Second, Congress can, and often does, rewrite statutes when it disagrees with their interpretations; and agencies and courts attend to current as well as historical congressional preferences when they interpret statutes. Third, since statutory interpretation is as much agency-centered as judge-centered and since agency executives see their creativity as more legitimate than judges see theirs, statutory interpretation in the modern regulatory state is particularly dynamic.

Eskridge also considers how different normative theories of jurisprudence—liberal, legal process, and antiliberal—inform debates about statutory interpretation. He explores what theory of statutory interpretation—if any—is required by the rule of law or by democratic theory. Finally, he provides an analytical and jurisprudential history of important debates on statutory interpretation.

A pathbreaking history of early modern education argues that Europe’s oldest university, often seen as a bastion of traditionalism, was in fact a vibrant site of intellectual innovation and cultural exchange.

The University of Bologna was among the premier universities in medieval Europe and an international magnet for students of law. However, a long-standing historiographical tradition holds that Bologna—and Italian university education more broadly—foundered in the early modern period. On this view, Bologna’s curriculum ossified and its prestige crumbled, due at least in part to political and religious pressure from Rome. Meanwhile, new ways of thinking flourished instead in humanist academies, scientific societies, and northern European universities.

David Lines offers a powerful counternarrative. While Bologna did decline as a center for the study of law, he argues, the arts and medicine at the university rose to new heights from 1400 to 1750. Archival records show that the curriculum underwent constant revision to incorporate contemporary research and theories, developed by the likes of René Descartes and Isaac Newton. From the humanities to philosophy, astronomy, mathematics, and medicine, teaching became more systematic and less tied to canonical texts and authors. Theology, meanwhile, achieved increasing prominence across the university. Although this religious turn reflected the priorities and values of the Catholic Reformation, it did not halt the creation of new scientific chairs or the discussion of new theories and discoveries. To the contrary, science and theology formed a new alliance at Bologna.

The University of Bologna remained a lively hub of cultural exchange in the early modern period, animated by connections not only to local colleges, academies, and libraries, but also to scholars, institutions, and ideas throughout Europe.

Dynamic Syntax is a formal model of utterance description that attempts to articulate and substantiate the claim that human linguistic knowledge is essentially the ability to process language in context. The model provides an explicit demonstration of how interpretation is built up incrementally from the information provided by the words as they are encountered. Drawing from a range of analyses of natural language data, the authors use formal definitions, step-by-step derivations, and detailed lexical definitions to illustrate this new form of syntactic analysis and to show how the model can be applied to a broad range of constructions and languages.

The importance of the rich corpus of “Masters Literature” that developed in early China since the fifth century BCE has long been recognized. But just what are these texts? Scholars have often approached them as philosophy, but these writings have also been studied as literature, history, and anthropological, religious, and paleographic records. How should we translate these texts for our times?

This book explores these questions through close readings of seven examples of Masters Literature and asks what proponents of a “Chinese philosophy” gained by creating a Chinese equivalent of philosophy and what we might gain by approaching these texts through other disciplines, questions, and concerns. What happens when we remove the accrued disciplinary and conceptual baggage from the Masters Texts? What neglected problems, concepts, and strategies come to light? And can those concepts and strategies help us see the history of philosophy in a different light and engender new approaches to philosophical and intellectual inquiry? By historicizing the notion of Chinese philosophy, we can, the author contends, answer not only the question of whether there is a Chinese philosophy but also the more interesting question of the future of philosophical thought around the world.

Efficiency. Innovation. Results. Accountability. These, advocates claim, are the fruits of performance management. In recent decades government organizations have eagerly embraced the performance model—but the rush to reform has not delivered as promised.

Drawing on research from state and federal levels, Moynihan illustrates how governments have emphasized some aspects of performance management—such as building measurement systems to acquire more performance data—but have neglected wider organizational change that would facilitate the use of such information. In his analysis of why and how governments in the United States have made the move to performance systems, Moynihan identifies agency leadership, culture, and resources as keys to better implementation, goal-based learning, and improved outcomes.

How do governments use the performance information generated under performance systems? Moynihan develops a model of interactive dialogue to highlight how performance data, which promised to optimize decision making and policy change for the public's benefit, has often been used selectively to serve the interests of particular agencies and individuals, undermining attempts at interagency problem solving and reform.

A valuable resource for public administration scholars and administrators, The Dynamics of Performance Management offers fresh insight into how government organizations can better achieve their public service goals.

Brian Skyrms constructs a theory of “dynamic deliberation” and uses it to investigate rational decision-making in cases of strategic interaction. This illuminating book will be of great interest to all those in many disciplines who use decision theory and game theory to study human behavior and thought.

Skyrms begins by discussing the Bayesian theory of individual rational decision and the classical theory of games, which at first glance seem antithetical in the criteria used for determining action. In his effort to show how methods for dealing with information feedback can be productively combined, the author skillfully leads us through the mazes of equilibrium selection, the Nash equilibria for normal and extensive forms, structural stability, causal decision theory, dynamic probability, the revision of beliefs, and, finally, good habits for decision.

The author provides many clarifying illustrations and a handy appendix called “Deliberational Dynamics on Your Personal Computer.” His powerful model has important implications for understanding the rational origins of convention and the social contract, the logic of nuclear deterrence, the theory of good habits, and the varied strategies of political and economic behavior.

Millions of scientific articles are published each year, making it difficult to stay abreast of advances within even the smallest subdisciplines. Traditional approaches to the study of science, such as the history and philosophy of science, involve closely reading a relatively small set of journal articles. And yet many questions benefit from casting a wider net: Is most scientific change gradual or revolutionary? What are the key sources of scientific novelty? Over the past several decades, a massive effort to digitize the academic literature and equip computers with algorithms that can distantly read and analyze a digital database has taken us one step closer to answering these questions. The Dynamics of Science brings together a diverse array of contributors to examine the largely unexplored computational frontiers of history and philosophy of science. Together, they reveal how tools and data from automated textual analysis, or machine “reading,” combined with methods and models from game theory and cultural evolutionary theory, can begin to answer fundamental questions about the nature and history of science.

The Dynamics of Soviet Politics is the result of reflective and thorough research into the centers of a system whose inner debates are not open to public discussion and review, a system which tolerates no public opposition parties, no prying congressional committees, and no investigative journalists to ferret out secrets. The expert authors offer an inside view of the workings of this closed system a view rarely found elsewhere in discussions of Soviet affairs. Their work, building as it does on the achievements of Soviet studies over the last thirty years, is firmly rooted in established knowledge and covers sufficient new ground to enable future studies of Soviet politics and social practices to move ahead unencumbered by stereotypes, sensationalism, or mystification.

Among the subjects included are: attitudes toward leadership and a general discussion of the uses of political history; the dramatic cycles of officially permitted dissent; the legitimacy of leadership within a system that has no constitutional provision for succession; the gradual adoption of Western-inspired administrative procedures and "systems management"; a study of group competition, and bureaucratic bargaining; Khrushchev's virgin-lands experiment and its subsequent retrenchment; the apolitical values of adolescents; the problems of integrating Central Asia into the Soviet system; a history of peaceful coexistence and its current importance in Soviet foreign policy priorities, and, finally, an overview of Soviet government as an extension of prerevolutionary oligarchy, with an emphasis on adaptation to political change.

Nobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression.

Nobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fueled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations’ values and their dynamism was a daunting task. Now, in Dynamism, Phelps and a trio of coauthors take it on.

Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore.

The authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, Dynamism will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.

This volume addresses cultural and literary transformation in the late Ming (1550-1644) and late Qing (1851-1911) eras. Although conventionally associated with a devastating sociopolitical crisis, each of these periods was also a time when Chinese culture was rejuvenated. Focusing on the twin themes of crisis and innovation, the seventeen chapters in this book aim to illuminate the late Ming and late Qing as eras of literary-cultural innovation during periods of imperial disintegration; to analyze linkages between the two periods and the radical heritage they bequeathed to the modern imagination; and to rethink the "premodernity" of the late Ming and late Qing in the context of the end of the age of modernism.

The chapters touch on a remarkably wide spectrum of works, some never before discussed in English, such as poetry, drama, full-length novels, short stories, tanci narratives, newspaper articles, miscellanies, sketches, familiar essays, and public and private historical accounts. More important, they intersect on issues ranging from testimony about dynastic decline to the negotiation of authorial subjectivity, from the introduction of cultural technology to the renewal of literary convention.

Dyslexia and Development presents the latest findings of neurobiological research, which suggest a link between seemingly minor brain abnormalities and epilepsy, learning disorders, and autism. The authors focus on the plasticity of the developing nervous system and the possible role of subtle early brain injury in the emergence of these disorders, particularly dyslexia.

The distinguished contributors to this volume examine epidemiological and clinical issues that may make the developing brain more vulnerable to environmental and genetic influences, which can in turn lead to abnormal brain plasticity and behavior. Although major forms of brain malformation have been clearly associated with functional deficits, mild forms have historically been ignored or trivialized; this book supports the hypothesis that several types of such malformation reflect brain injury during critical stages of development, and also the premise that more and more disturbances of thought and behavior stem from abnormalities of brain organization.

Neurologists and neurobiologists, psychologists, psycholinguists, psychiatrists, and special educators will find here a guide to more enlightened understanding and more effective treatment of dyslexia. In fact, the book emphasizes the positive aspect of the neurobiological deviation that dyslexic brains seem to show, along with the observation that people with such brains are often quite creative and extraordinary, rather than handicapped. In turn, the revised consideration of dyslexia should lead to more serious attention to other disturbances of childhood behavior as problems in developmental neurology, as well as to a deeper analysis of possible neurological bases for individual differences in normal behavior and personality.