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1 – 10 of 72In this chapter, I will examine the problems created by incorrectly using a simple sum monetary aggregate (SSUM) to measure the monetary stock. Specifically, I will show that SSUM…
Abstract
In this chapter, I will examine the problems created by incorrectly using a simple sum monetary aggregate (SSUM) to measure the monetary stock. Specifically, I will show that SSUM confounds the current stock of money (CSM) with the investment stock of money (ISM) and that this confounding leads the SSUM to report an artificially smooth monetary stock. This smoothing causes important information about the dynamic movements of the monetary stock to be lost. This may offer at least a partial explanation of why so many studies find that money has little economic relevance. To that end, we will conclude the chapter by examining a reduced form backward looking IS equation to determine whether monetary aggregates contain information about real GDP gap. This chapter differs from previous work in monetary aggregation in that it focuses on smoothing of the monetary stock data caused by the use of simple sum methodology, where the previous work focuses on the bias exhibited by SSUMs.
Purpose – The author introduces the Eastern philosophy of wisdom, especially its epistemology of Yin-Yang Balancing as the Eastern cognitive frame, to shed light on the debates…
Abstract
Purpose – The author introduces the Eastern philosophy of wisdom, especially its epistemology of Yin-Yang Balancing as the Eastern cognitive frame, to shed light on the debates over the distinction and integration between research and practice as well as between qualitative and quantitative methods so as to solve the problems of relevance-rigor gap as well as complexity-simplicity gap. The author also applies the frame of Yin-Yang Balancing to the development of a novel method of case study.
Methodology/Approach – This is a conceptual article.
Central theme – The Eastern philosophy of wisdom is better at an open-minded exploration of open-ended issues by emphasizing relevance and complexity, while the Western philosophy of science is better at a closed-minded exploitation of close-ended issues by emphasizing rigor and simplicity. A geocentric integration of both Eastern and Western philosophies is needed.
Research and practical implications – Management research is far behind the need for theoretical insights into practical solutions largely due to the increasing gaps between relevance and rigor as well as between complex problems and simple solutions. The root cause of the two gaps lies in the overreliance on the Western philosophy of science, so a new light can be found in the Eastern philosophy of wisdom, and the ultimate solution is a geocentric integration of Eastern and Western philosophies. A novel method of case study can be built by applying the Eastern philosophy.
Originality/Value – The author highlights the urgent needs for the Eastern philosophy of wisdom and its integration with the Western philosophy of science toward a geocentric meta-paradigm. As a specific application of the geocentric meta-paradigm, the author proposes a novel method of case study called Yin-Yang Method.
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Festus E. Obiakor, Michael O. Afolayan, Pauline Harris-Obiakor and Precious O. Afolayan
Individuals with special needs encounter multidimensional experiences in identification, assessment, labeling/categorization, placement, and instruction/intervention. These…
Abstract
Individuals with special needs encounter multidimensional experiences in identification, assessment, labeling/categorization, placement, and instruction/intervention. These experiences call for multidimensional strategies that require different educational practitioners and professionals. These individuals must bring with them different ideas on how to remediate problems experienced by children and youth with special needs. Sometimes, in dealing with these issues, we forget that collaboration, consultation, and cooperation (the 3Cs) are keys. To advance these 3Cs, the Comprehensive Support Model (CSM) must be at work. Based on the CSM, students, families, school personnel, communities, and government agencies must work together to maximize the fullest potential of all students, including those with special needs.
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This chapter looks at kindness in organizations through the perspectives of critical sensemaking and the communicatively constituted organization (CCO). These perspectives unlock…
Abstract
This chapter looks at kindness in organizations through the perspectives of critical sensemaking and the communicatively constituted organization (CCO). These perspectives unlock questions about the meaning of kindness and the challenges for individuals within organizations to make sense of how kindness is enacted around them. This approach is in contrast to a growing literature encouraging kindness as strategy within the workplace, emphasizing the potential of strategic kindness to improve employee and organizational performance. From the CCO perspective, kindness is reflected as a socially constructed phenomenon. Through this critical lens, this chapter will challenge assumptions about kindness within organizations, exploring the ways in which power and privilege influence its meaning.
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This chapter explores the increasing use of Scrum, a project management framework used in software development, in libraries. This conceptual piece examines the advantages and…
Abstract
Purpose
This chapter explores the increasing use of Scrum, a project management framework used in software development, in libraries. This conceptual piece examines the advantages and disadvantages for a library profession to obtain training and professional certification for implementing Scrum.
Methodology/approach
Beginning with a brief literature review that surveys the use of Scrum and related frameworks in libraries, this chapter then provides a brief explanation of Scrum, the role of the ScrumMaster, and the certification process. An examination of the difficulties of project management in libraries leads to a discussion of the advantages of ScrumMaster certification for the library organization and the library professional, with caveats and alternatives.
Findings
Scrum offers lightweight methods to bring project management expertise to libraries lacking formal project management training. ScrumMaster certification is a quick and easy way to learn and implement the process, while offering professional advantages.
Originality/value
While the library literature has case studies of library professionals using Scrum and related Agile software development methodologies, this chapter looks at the ScrumMaster role in particular, the certification process, and the advantages for the organization and the professional.
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