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Book part
Publication date: 30 October 2020

Maurício C. Coutinho and Carlos Eduardo Suprinyak

Though contemporaries, Adam Smith and Sir James Steuart are commonly portrayed as if they belonged to different eras. Whereas Smith went down in history as both founder of the…

Abstract

Though contemporaries, Adam Smith and Sir James Steuart are commonly portrayed as if they belonged to different eras. Whereas Smith went down in history as both founder of the science of political economy and patron saint of economic liberalism, Steuart became known as the last, outdated advocate for mercantilist policies in Britain. Smith himself was responsible for popularizing the notion of the “system of commerce” as an approach to political economy that dominated the early modern period. As a historiographical concept, the mercantile system became a misguided international trade theory grounded upon the Midas fallacy and the favorable balance of trade doctrine. Smith’s treatment of international trade in the Wealth of Nations, however, was criticized for its inconsistencies and lack of analytical clarity even by some among his own followers. Given Smith’s doubtful credentials as an international trade theorist, the chapter investigates the reasons that led him and Steuart to be placed on opposite sides of the mercantilist divide. The authors analyze the works of both authors in depth, showing that their disagreements had chiefly to do with different views on money and monetary policy. Additionally, the authors explore how early nineteenth-century writers such as Jean-Baptiste Say and J. R. McCulloch helped forge the intellectual profiles of both Steuart and Smith.

Details

Research in the History of Economic Thought and Methodology: Including a Symposium on Sir James Steuart: The Political Economy of Money and Trade
Type: Book
ISBN: 978-1-83867-707-7

Keywords

Open Access
Book part
Publication date: 4 May 2018

Teuku Hasan Basri, Nuraini and Adi Bejo Suwardi

Purpose – The aim of this study is to know the level of comprehension to understand the concept of vibration and wave by using the demonstration method for students in SMAN 1…

Abstract

Purpose – The aim of this study is to know the level of comprehension to understand the concept of vibration and wave by using the demonstration method for students in SMAN 1 Peureulak, Aceh.

Design/Methodology/Approach – The study was conducted at SMAN 1 Peureulak in September 2016. This study is done by using a demonstration method with 40 students consisting of 22 male and 18 female.

Findings – The results showed that the level of understanding of the concept of vibration and the wave of students SMAN 1 Peureulak, Aceh, were classified very well with the value of 8.01, while the concept of error was very low level about 1.925.

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Proceedings of MICoMS 2017
Type: Book
ISBN:

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Book part
Publication date: 8 August 2022

David Thompson and Giacomo Squicciarini

The public’s awareness of noise and vibration forms a significant barrier to further development of railways. This chapter begins with a short introduction to the main fundamental

Abstract

The public’s awareness of noise and vibration forms a significant barrier to further development of railways. This chapter begins with a short introduction to the main fundamental aspects of acoustics, including decibels, frequency analysis, the propagation of sound with distance and common measurement quantities. The main sources of railway noise are discussed, including rolling noise, impact noise, curve squeal and aerodynamic noise. Simple calculation procedures are described that can be used to assess the impact of railway noise and to compare it with legal limits. The final section is devoted to ground vibration, which is a related form of environmental disturbance.

Details

Sustainable Railway Engineering and Operations
Type: Book
ISBN: 978-1-83909-589-4

Keywords

Book part
Publication date: 12 July 2021

Mohd Fadhli Abd Rashid, Noraliani Alias, Kamarudin Ahmad, Radzuan Sa’ari, Frank Tsung-Chen Tsai, Mohd Zamri Ramli and Zulkiflee Ibrahim

The impact of climate change towards water surface resources is crucial, particularly in developing and non-developing countries. Groundwater as a main water resource is thus an…

Abstract

The impact of climate change towards water surface resources is crucial, particularly in developing and non-developing countries. Groundwater as a main water resource is thus an essential. However, contamination due to hydrocarbon spills affects the groundwater as a water resource, especially as a main source of drinking water. This chapter investigates the light non-aqueous phase liquid (LNAPL) penetrations in double-porosity soil with different moisture contents and with or without vibration impact. It also explains the LNAPL penetration phenomena by employing image analysis. The physical laboratory experiments were implemented using an acrylic cylinder, a mirror, toluene and a Nikon D90 DSLR digital camera. Prepared soil was poured in an acrylic cylinder and compressed with compressor until it became 10 cm in height. LNAPL was then poured instantaneously onto the acrylic cylinder that was filled with soil sample. The LNAPL penetration patterns were recorded and monitored using a Nikon D90 DSLR digital camera. The processing technique was conducted at predetermined time intervals using Surfer software and Matlab routine to plot the LNAPL pattern. The results showed that a higher penetration rate of LNAPL occurred with higher moisture content and without vibration impact. The penetration time for LNAPL to reach the bottom of the soil sample was found to be longer for the soil that had low moisture content and with vibration impact.

Details

Water Management and Sustainability in Asia
Type: Book
ISBN: 978-1-80071-114-3

Keywords

Abstract

Details

City Logistics
Type: Book
ISBN: 978-0-08-043903-7

Book part
Publication date: 12 July 2021

Loke Kok Foong, Ramli Nazir, Radzuan Sa’ari, Mohd Zamri Ramli, Mohd Ridza Mohd Haniffah, Erwan Hafizi Kasiman and Noraliani Alias

The evolution in developed countries has taken a role in global warming and natural disasters such as flash flood, El-Nino, earthquake and groundwater contamination. The…

Abstract

The evolution in developed countries has taken a role in global warming and natural disasters such as flash flood, El-Nino, earthquake and groundwater contamination. The underground storage tank leakage problems and spillage of hydrocarbon liquid leading to the contamination of non-aqueous phase liquids (NAPLs) into the groundwater could reduce the quality of groundwater. This chapter is intended to investigate the behaviour and the pattern of NAPL migrations in double-porosity soil under vibration and intact conditions. The experimental model is developed by using kaolin soil type S300 and toluene as NAPLs. The kaolin soil was mixed with 25% of moisture content to produce kaolin granules in the soil column and vibrate under 0.98 Hz of frequency within 60 seconds. As a result, both specimen liquids completely migrated to the bottom of soil column: sample 1 has higher permeability compared to sample 2. This is due to the fracture in double-porosity soil under vibration effect and loosened the soil structure in sample 1 compared to good intact soil sample 2 with stronger and compact soil structure. In conclusion, this study proves that the dangerous hydrocarbon NAPL migration in fractured double-porosity soil has very harmful effect on the environment and groundwater resources.

Details

Water Management and Sustainability in Asia
Type: Book
ISBN: 978-1-80071-114-3

Keywords

Abstract

Details

Harnessing the Power of Failure: Using Storytelling and Systems Engineering to Enhance Organizational Learning
Type: Book
ISBN: 978-1-78754-199-3

Book part
Publication date: 8 April 2005

Fredrik von Corswant

This paper deals with the organizing of interactive product development. Developing products in interaction between firms may provide benefits in terms of specialization…

Abstract

This paper deals with the organizing of interactive product development. Developing products in interaction between firms may provide benefits in terms of specialization, increased innovation, and possibilities to perform development activities in parallel. However, the differentiation of product development among a number of firms also implies that various dependencies need to be dealt with across firm boundaries. How dependencies may be dealt with across firms is related to how product development is organized. The purpose of the paper is to explore dependencies and how interactive product development may be organized with regard to these dependencies.

The analytical framework is based on the industrial network approach, and deals with the development of products in terms of adaptation and combination of heterogeneous resources. There are dependencies between resources, that is, they are embedded, implying that no resource can be developed in isolation. The characteristics of and dependencies related to four main categories of resources (products, production facilities, business units and business relationships) provide a basis for analyzing the organizing of interactive product development.

Three in-depth case studies are used to explore the organizing of interactive product development with regard to dependencies. The first two cases are based on the development of the electrical system and the seats for Volvo’s large car platform (P2), performed in interaction with Delphi and Lear respectively. The third case is based on the interaction between Scania and Dayco/DFC Tech for the development of various pipes and hoses for a new truck model.

The analysis is focused on what different dependencies the firms considered and dealt with, and how product development was organized with regard to these dependencies. It is concluded that there is a complex and dynamic pattern of dependencies that reaches far beyond the developed product as well as beyond individual business units. To deal with these dependencies, development may be organized in teams where several business units are represented. This enables interaction between different business units’ resource collections, which is important for resource adaptation as well as for innovation. The delimiting and relating functions of the team boundary are elaborated upon and it is argued that also teams may be regarded as actors. It is also concluded that a modular product structure may entail a modular organization with regard to the teams, though, interaction between business units and teams is needed. A strong connection between the technical structure and the organizational structure is identified and it is concluded that policies regarding the technical structure (e.g. concerning “carry-over”) cannot be separated from the management of the organizational structure (e.g. the supplier structure). The organizing of product development is in itself a complex and dynamic task that needs to be subject to interaction between business units.

Details

Managing Product Innovation
Type: Book
ISBN: 978-1-84950-311-2

Book part
Publication date: 1 June 2022

Luca Tiozzo Pezzoli and Elisa Tosetti

Seismometers continuously record a wide range of ground movements not caused by earthquake activity, but rather generated by human activities such as traffic, industrial machinery…

Abstract

Seismometers continuously record a wide range of ground movements not caused by earthquake activity, but rather generated by human activities such as traffic, industrial machinery functioning and industrial processes. In this Chapter we exploit seismic data to predict variations in Gross Domestic Product (GDP) for a set of States in the USA over the period from 2016 to 2021. We measure the noise generated at specific frequencies that are linked to human activity and use it as an indicator of economic activity. We show a remarkable reduction in seismic noise due to a slowdown in traffic and economic activities during the Corona economic crisis. Our results point at seismic data as a valuable source of information that can be used for monitoring regional and national economies.

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The Economics of COVID-19
Type: Book
ISBN: 978-1-80071-694-0

Keywords

Content available
Book part
Publication date: 1 June 2022

Abstract

Details

The Economics of COVID-19
Type: Book
ISBN: 978-1-80071-694-0

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