The Great Divergence

Author: Timothy Noah
Publisher: Bloomsbury Publishing USA
ISBN: 1608196348
Category : Political Science
Languages : en
Pages : 273

Book Description
For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly unequal. This steady growing apart is often mentioned as a troubling indicator by scholars and policy analysts, though seldom addressed by politicians. What economics Nobelist Paul Krugman terms "the Great Divergence" has till now been treated as little more than a talking point, a rhetorical club to be wielded in ideological battles. But this Great Divergence may be the most important change in this country during our lifetimes-a drastic, elemental change in the character of American society, and not at all for the better. The inequality gap is much more than a left-right hot potato-its causes and consequences call for a patient, non-partisan exploration. Timothy Noah's The Great Divergence, based on his award-winning series of articles for Slate, surveys the roots of the wealth gap, drawing on the best thinking of contemporary economists and political scientists. Noah also explores potential solutions to the problem, and explores why the growing rich-poor divide has sparked remarkably little public anger, in contrast to social unrest that prevailed before the New Deal. The Great Divergence is poised to be one of the most talked-about books of 2012, a jump-start to the national conversation about the shape of American society in the 21st century, and a work that will help frame the debate in a Presidential election year.

What is Divergence?

Author: Sankar Srinivasan
Publisher: Srinivasan Sankara Narayanan
ISBN:
Category : Business & Economics
Languages : en
Pages : 14

Book Description
Learn about divergence, to predict price reversals. Divergence is a term used in technical analysis to describe a situation where the price of an asset and an oscillator indicator move in opposite directions. Oscillators are technical indicators that fluctuate within a certain range and provide signals of overbought and oversold conditions. Some popular oscillators used by traders are the Relative Strength Index (RSI), the Moving Average Convergence Divergence (MACD), and the Stochastic Oscillator. Learn positive divergence and negative divergence and close your positions, whenever you find divergences. The author Sankar Srinivasan is Certified Market Professional of National Stock Exchange of India. And, he has more than 15 years of experience in online trading.

Momentum, Direction, and Divergence

Author: William Blau
Publisher: John Wiley & Sons
ISBN: 9780471027294
Category : Business & Economics
Languages : en
Pages : 168

Book Description
A guide to the latest, most promising technical indicators andtheir applications Momentum, direction, and divergence are the three basic componentsof nearly all technical indicators used in the analysis of stockand commodities trading. And for those who understand them andtheir applications, they are also the pillars of a high-performancetrading strategy. In this groundbreaking book, technical wizardWilliam Blau schools financial professionals in all three.Combining the latest financial information with dozens ofeye-opening graphics, Blau clearly, concisely, and with a minimumof complex mathematics: * Introduces the principle of double smoothing and develops potentnew indicators based on double smoothing techniques * Describes the uses and limitations of a variety of notabletechnical indicators * Explains momentum, direction, and divergence and new ways toapply them * Presents the True Strength Index and shows how it candramatically improve most directional indicators * Provides new ways of identifying divergence that makeimplementation far simpler than ever before MOMENTUM, DIRECTION, AND DIVERGENCE The Wiley Trader's Advantage is a series of concise, highly focusedbooks designed to keep savvy traders in tune with the latestsuccessful strategies and techniques used by the keenest minds inthe business. In this latest volume, technical expert Bill Blau shows you howmomentum, direction, and divergence form the basis of mosttechnical indicators and how they can work for you to provide aconsiderable competitive advantage. Clearly, concisely, and with aminimum of complex mathematics, Blau shows you how to understandand apply them. Integrating the latest financial insights with morethan 75 easy-to-follow graphics, Blau describes the uses andlimitations of many of today's most notable technical indicators.He then demonstrates a variety of ways in which the principles ofmomentum, direction, and divergence can be used to create aversatile new set of technical indicators or to improve theeffectiveness of the most widely used traditional indicators. Focusing on the groundbreaking double smoothing concept, which heintroduces for the first time in this book, William Blau: * Develops reliable new momentum indicators based on doublesmoothing techniques * Shows how these indicators improve the effectiveness of mostpopular oscillators, including the RSI, MACD, and stochasticindicators, by solving a host of timing problems * Combines the standard Welles Wilder techniques with his originalTrue Strength Index to improve the effectiveness of mostdirectional movement indicators * Introduces new ways of identifying divergence that makeimplementation simpler than ever * And much more A complete guide to the most potent new indicators and theirapplications, Momentum, Direction, and Divergence is anindispensable resource for traders, portfolio managers, and allfinancial professionals.

Statistical Inference Based on Divergence Measures

Author: Leandro Pardo
Publisher: CRC Press
ISBN: 1420034812
Category : Mathematics
Languages : en
Pages : 513

Book Description
The idea of using functionals of Information Theory, such as entropies or divergences, in statistical inference is not new. However, in spite of the fact that divergence statistics have become a very good alternative to the classical likelihood ratio test and the Pearson-type statistic in discrete models, many statisticians remain unaware of this p

Divergence

Author: Tony Ballantyne
Publisher: Bantam
ISBN: 0553903675
Category : Fiction
Languages : en
Pages : 402

Book Description
After a tumultuous beginning, mid-23rd-century Earth now peacefully operates under the constant surveillance of the Watcher, an all-seeing AI who has seized control of the planet—and of the minds and bodies of its people. But is the radical evolution that the Watcher has in mind a step forward or the beginning of a mighty split that will cast aside everything that truly makes us human? It is 2252, and Judy is traveling on a passenger ship in deep space when disaster strikes. Almost too conveniently, strange machines appear onboard just in time to help. They are owned by DIANA, a commercial organization headquartered on Earth. But as the machines arrange for the humans to be taken to safety, Judy is held back. They have detected something in her genetic code—something shocking: Judy is not human. And she too is the property of DIANA. Now Judy must return to Earth to find out what DIANA expects of her . . . how she was grown . . . and why she was destined to destroy the Watcher. But is this Judy even the same person? And does the new Judy have a reason to destroy—or is she just a pawn in someone else’s murderous game?

Entropy, Divergence, and Majorization in Classical and Quantum Thermodynamics

Author: Takahiro Sagawa
Publisher: Springer Nature
ISBN: 981166644X
Category : Science
Languages : en
Pages : 150

Book Description
Rich information-theoretic structure in out-of-equilibrium thermodynamics exists in both the classical and quantum regimes, leading to the fruitful interplay among statistical physics, quantum information theory, and mathematical theories such as matrix analysis and asymptotic probability theory. The main purpose of this book is to clarify how information theory works behind thermodynamics and to shed modern light on it. The book focuses on both purely information-theoretic concepts and their physical implications. From the mathematical point of view, rigorous proofs of fundamental properties of entropies, divergences, and majorization are presented in a self-contained manner. From the physics perspective, modern formulations of thermodynamics are discussed, with a focus on stochastic thermodynamics and resource theory of thermodynamics. In particular, resource theory is a recently developed field as a branch of quantum information theory to quantify “useful resources” and has an intrinsic connection to various fundamental ideas of mathematics and information theory. This book serves as a concise introduction to important ingredients of the information-theoretic formulation of thermodynamics.

The Expressiveness of the Body and the Divergence of Greek and Chinese Medicine

Author: Shigehisa Kuriyama
Publisher: Princeton University Press
ISBN: 0942299930
Category : History
Languages : en
Pages : 159

Book Description
An illuminating account of how early medicine in Greece and China perceived the human body Winner of the William H. Welch Medal, American Association for the History of Medicine The true structure and workings of the human body are, we casually assume, everywhere the same, a universal reality. But when we look into the past, our sense of reality wavers: accounts of the body in diverse medical traditions often seem to describe mutually alien, almost unrelated worlds. How can perceptions of something as basic and intimate as the body differ so? In this book, Shigehisa Kuriyama explores this fundamental question, elucidating the fascinating contrasts between the human body described in classical Greek medicine and the body as envisaged by physicians in ancient China. Revealing how perceptions of the body and conceptions of personhood are intimately linked, his comparative inquiry invites us, indeed compels us, to reassess our own habits of feeling and perceiving.

The Channel Divergences

Author: Miki Shima
Publisher: Blue Poppy Enterprises, Inc.
ISBN: 9781891845154
Category : Medical
Languages : en
Pages : 300

Book Description

The Long Divergence

Author: Timur Kuran
Publisher: Princeton University Press
ISBN: 1400836018
Category : Business & Economics
Languages : en
Pages : 422

Book Description
How religious barriers stalled capitalism in the Middle East In the year 1000, the economy of the Middle East was at least as advanced as that of Europe. But by 1800, the region had fallen dramatically behind—in living standards, technology, and economic institutions. In short, the Middle East had failed to modernize economically as the West surged ahead. What caused this long divergence? And why does the Middle East remain drastically underdeveloped compared to the West? In The Long Divergence, one of the world's leading experts on Islamic economic institutions and the economy of the Middle East provides a new answer to these long-debated questions. Timur Kuran argues that what slowed the economic development of the Middle East was not colonialism or geography, still less Muslim attitudes or some incompatibility between Islam and capitalism. Rather, starting around the tenth century, Islamic legal institutions, which had benefitted the Middle Eastern economy in the early centuries of Islam, began to act as a drag on development by slowing or blocking the emergence of central features of modern economic life—including private capital accumulation, corporations, large-scale production, and impersonal exchange. By the nineteenth century, modern economic institutions began to be transplanted to the Middle East, but its economy has not caught up. And there is no quick fix today. Low trust, rampant corruption, and weak civil societies—all characteristic of the region's economies today and all legacies of its economic history—will take generations to overcome. The Long Divergence opens up a frank and honest debate on a crucial issue that even some of the most ardent secularists in the Muslim world have hesitated to discuss.

Divergence Operator and Related Inequalities

Author: Gabriel Acosta
Publisher: Springer
ISBN: 1493969854
Category : Mathematics
Languages : en
Pages : 132

Book Description
This Brief is mainly devoted to two classical and related results: the existence of a right inverse of the divergence operator and the so-called Korn Inequalities. It is well known that both results are fundamental tools in the analysis of some classic differential equations, particularly in those arising in fluid dynamics and elasticity. Several connections between these two topics and improved Poincaré inequalities are extensively treated. From simple key ideas the book is growing smoothly in complexity. Beginning with the study of these problems on star-shaped domains the arguments are extended first to John domains and then to Hölder α domains where the need of weighted spaces arises naturally. In this fashion, the authors succeed in presenting in an unified and concise way several classic and recent developments in the field. These features certainly makes this Brief useful for students, post-graduate students, and researchers as well.