Jumat, 26 Oktober 2012

[N290.Ebook] Fee Download Karl Marx Selected Writings In Sociology and Social Philosophy, by Karl Marx, T.B. Bottomore

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Karl Marx Selected Writings In Sociology and Social Philosophy, by Karl Marx, T.B. Bottomore

Karl Marx Selected Writings In Sociology and Social Philosophy, by Karl Marx, T.B. Bottomore



Karl Marx Selected Writings In Sociology and Social Philosophy, by Karl Marx, T.B. Bottomore

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Karl Marx Selected Writings In Sociology and Social Philosophy, by Karl Marx, T.B. Bottomore

Translated and edited by T. B. Bottomore.

  • Sales Rank: #948988 in Books
  • Published on: 1964-06-01
  • Original language: English
  • Number of items: 1
  • Dimensions: 7.90" h x .80" w x 5.30" l,
  • Binding: Paperback
  • 267 pages

Most helpful customer reviews

4 of 4 people found the following review helpful.
Marx Myths Dispelled in this Excellent Collection
By not a natural
Long before it was fashionable, Tom Bottomore began making a substantial contribution to providing readers with Marx's work in English translation. Selected Writings in Sociology and Social Philosophy, which Bottomore translated and edited, was first published in the U.S. in 1956, during the darkest days of the Cold War. The breadth of coverage in this relatively brief book is remarkable, including sources from The Economic and Philosophic Manuscripts of 1844, The German Ideology, A Contribution to the Critique of Political Economy, The Communist Manifesto, The Eighteenth Brumaire of Louis Bonaparte, the first three volumes of Capital, and much more. The selections were made from thousands of pages covering the more than forty years during which Marx was an active scholar and revolutionary. Much of the material was not published until after Marx's death, and some, notably The Grundrisse, was little known outside a select circle of Marx scholars, most of them European, until the 1970's.

In spite of the voluminous and varied nature of the literature with which he worked, Bottomore made judiciously informed choices with a clear eye to coherence, coverage, and cumulativity. Nevertheless, beginning with the editor's introduction, it is evident that this book will not be easy reading. Marx may have been a champion of the people, but he rarely wrote in a way that most of us would find easily accessible. Even his journalistic work for popular newspapers in the U.S. and elsewhere requires close attention to complex accounts, heavy-laden with detail, and sometimes containing obscure figures of speech, as well as aphorisms and time-specific truisms rendered in Latin, French, or other languages with which the reader may be unfamiliar. For readers who persevere, however, the intellectual payoff is worth the effort.

I found the introduction especially valuable because it clarifies Marx's influence on Max Weber, which, according to Bottomore, was much more favorable than is commonly claimed. In addition, the introduction alerts us to the fact that Marx had a profound effect on the thinking of Emile Durkheim and George Herbert Mead, principal figures in the development of sociology and social psychology, whose indebtedness to Marx is rarely acknowledged.

Though working nearly sixty years ago, it is abundantly evident throughout the book that the editor was aware of the conflict emerging between those who held that there was a dramatic difference between the work of the early Marx, author of The Economic and Philosophic Manuscripts of 1844, and his later work, especially the first volume of Capital. As interpreted by Louis Althusser and his structural Marxist colleagues, Marx's early efforts were the product of the poorly informed, undisciplined mind of a philosophical idealist. Only later, after Marx had progressed with his specifically economic research and his thinking had matured, did he become a rigorous scientist, a practitioner of what Engels termed historical materialism

Bottomore, however, rightly takes the position that Marx's lifetime of research and theoretical development was marked by an overarching conceptual consistency, and that there was no epistemological break marking the transformation of Marx the humanistic philosopher into Marx the scientific economist. This judgment is consistent with the wide ranging observations included in the edited volume under review. Marx's materialism, giving priority to lived experience and the objectively conflicting interests separating capital and labor, is emphasized throughout. The concept of "alienation" that figured so conspicuously in Marx's early work is plainly manifest in his later efforts, giving the lie to the often made judgment that Marx had gotten rid of this vestige of humanism as his perspective developed.

It is also clear that Bottomore was not one of those for whom Marx's economic base - institutional superstructure model of society fell out of favor. This scheme, presented in a variety of sophisticated forms, figures prominently in the observations contained in this volume, and it is presented convincingly. The editor highlights this view when he explicitly dismisses the ambiguous causal locution "economic in the last instance" as misrepresenting the unambiguous priority that Marx gave to the material foundation of capitalist society.

When I taught the sociology of education before retiring in 2010, I often found myself stuck with the conclusion that "economic context is everything." It's embarrassing to admit, but at the time I didn't realize that by doing so I was tacitly endorsing the base - superstructure configuration, with educational institutions as superstructural phenomena. Whether or not I recognized the Marxist provenance of this way of thinking, it made perfect sense, especially when evaluating empirical material such as Jean Anyon's Ghetto Schooling, John Devine's Maximum Security, and Bowles and Gintis' classic Schooling in Capitalist America.

In spite of its many virtues, Selected Writings in Sociology and Social Psychology is not a substitute for reading any of Marx's works from cover to cover, nor does the editor intend it to be. The book does, however, bring to the fore Marx's sociological and philosophical work in a way that stimulates and encourages serious readers to read more. I read this edited volume before reading a complete translation of the Economic and Philosophical Manuscripts of 1844, one of the most illuminating experiences I've had with scholarship of any sort.

9 of 9 people found the following review helpful.
Marxism distilled
By J.S.M.
Tom Bottomore's collection is the best place to start to understand Marxist thought. This book was put together in light of the publication in the `60s of many of Marx's early works which had been previously unavailable. They outline the roots of Marx's mature philosophy from a perspective that's more libertarian and romantic than his later writings indicate. Taking on the mature Marx is a daunting task and so it helps to be aware of how his thought was formed. A person can get caught up in his arcane discussions of the formation of commodities while missing the essential points, or caught up with thinking about value and the labor theory of value without getting why they're important in the first place, so leaving much of that out is no great loss for the beginner. The most important aspect of this book, though, has to be that it shatters the notion that Marxism is a closed, hermeneutic, system which only makes self-referential sense. If you think that Marx only makes sense if you already believe in Marxism read this book to be disabused of you're notions.

7 of 11 people found the following review helpful.
Selected Writings
By A Customer
As the back of the book states, this book is a good way to become acquainted with the thoughts of Karl Marx. It provides insight into his thoughts on the economic theory of human development, and the effect of history as well. It also deals with the social classes, revolution, and the future. A good way to become familiar with the social philosophy of Marx.

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Rabu, 24 Oktober 2012

[V546.Ebook] Fee Download The Unwritten Laws of Business, by W. J. King, James G. Skakoon

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The Unwritten Laws of Business, by W. J. King, James G. Skakoon

The Unwritten Laws of Business, by W. J. King, James G. Skakoon



The Unwritten Laws of Business, by W. J. King, James G. Skakoon

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The Unwritten Laws of Business, by W. J. King, James G. Skakoon

The bestselling business classic that Raytheon CEO
William Swanson made famous.

Every once in awhile, there is a book with a message so timeless, so universal, that it transcends generations. The Unwritten Laws of Business is such a book. Originally published over 60 years ago as The Unwritten Laws of Engineering, it has sold over 100,000 copies, despite the fact that it has never been available before to general readers. Fully revised for business readers today, here are but a few of the gems you’ll find in this little-known business classic:

If you take care of your present job well, the future will take care of itself.
The individual who says nothing is usually credited with having nothing to say.
Whenever you are performing someone else’s function, you are probably neglecting your own.
Martyrdom only rarely makes heroes, and in the business world, such heroes and martyrs often find themselves unemployed.


Refreshingly free of the latest business fads and jargon, this is a book that is wise and insightful, capturing and distilling the timeless truths and principles that underlie management and business the world over.

The little book with the big history.

In the summer of 2005, Business 2.0 published a cover story on Raytheon CEO William Swanson’s self-published pamphlet, Swanson’s Unwritten Rules of Management. Lauded by such chief executives as Jack Welch and Warren Buffett, the booklet became
a quiet phenomenon.

As it turned out, much of Swanson’s book drew from a classic of business literature that has been in print for more than sixty years. Now, in a new edition revised and updated for business readers today, we are reissuing the 1944 classic that inspired a number of Swanson’s “rules”: The Unwritten Laws of Business. Filled with sage advice and written in a spare, engaging style, The Unwritten Laws of Business offers insights on working with others, reporting to a boss, organizing a project, running a meeting, advancing your career, and more. Here’s just a sprinkling of the old-fashioned, yet surprisingly relevant, wisdom you’ll find in these pages:

If you have no intention of listening to, considering, and perhaps using, someone’s opinion, don’t ask for it.
Count any meeting a failure that does not end up with a definite understanding as to what’s going to be done, who’s going to do it, and when.
The common belief that everyone can do anything if they just try hard enough is a formula for inefficiency at best and for complete failure at worst.
It is natural enough to “look out for Number One first,” but when you do, your associates will be noticeably disinclined to look out for you.

Whether you’re a corporate neophyte or seasoned manager, this charming book reveals everything you need to know about the “unwritten” laws of business.

  • Sales Rank: #402040 in Books
  • Published on: 2007-02-20
  • Released on: 2007-02-20
  • Original language: English
  • Number of items: 1
  • Dimensions: 7.80" h x .75" w x 5.20" l, 1.10 pounds
  • Binding: Hardcover
  • 112 pages

About the Author
The Unwritten Laws of Engineering was originally written by W. J. (William Julian) King as a series of three articles published by Mechanical Engineering magazine in 1944 and was subsequently released as a book by The American Society of Mechanical Engineers. King had been a General Electric engineer who retired as a UCLA engineering professor in 1969. He died in 1983. James Skakoon is General Manager of VERTEX Technology, an engineering consulting firm, and the author of Detailed Mechanical Design: A Practical Guide (2000). He lives in Saint Paul, Minnesota.

Excerpt. � Reprinted by permission. All rights reserved.
In Relation to Work


However menial and trivial your early assignments may appear, give them your best efforts.


Many young businesspeople feel that minor chores are beneath their dignity and unworthy of their college training. They expect to prove their true worth in some major, vital enterprise. Actually, the spirit and effectiveness with which you tackle your first humble tasks will very likely be carefully watched and may affect your entire career.

Occasionally you may worry unduly about where your job is going to get you—whether it is sufficiently strategic or significant. Of course these are pertinent considerations and you would do well to take some stock of them. But by and large, it is fundamentally true that if you take care of your present job well, the future will take care of itself. This is particularly so within large corporations, which constantly search for competent people to move into more responsible positions. Success depends so largely upon personality, native ability, and vigorous, intelligent prosecution of any job that it is no exaggeration to say that your ultimate chances are much better if you do a good job on some minor detail than if you do a mediocre job as a project leader. Furthermore, it is also true that if you do not first make a good showing on your present job you are not likely to be given the opportunity to try something else more to your liking.


Demonstrate the ability to get things done.


This is a quality that may be achieved by various means under different circumstances. Specific aspects will be elaborated in some of the succeeding paragraphs. It can probably be reduced, however, to a combination of three basic characteristics:

• initiative—the energy to start things and aggressiveness to keep them moving briskly,
• resourcefulness or ingenuity—the faculty for finding ways to accomplish the desired result, and
• persistence (tenacity)—the disposition to persevere in spite of difficulties, discouragement, or indifference.

This last quality is sometimes lacking in the make–up of otherwise brilliant people to such an extent that their effectiveness is greatly reduced. Such dilettantes are known as “good starters but poor finishers.” Or else it will be said: “You can’t take their type too seriously; they will be all steamed up over an idea today, but by tomorrow will have dropped it for some other wild notion.” Bear in mind, therefore, that it may be worthwhile finishing a job, if it has any merit, just for the sake of finishing it.


In carrying out a project, do not wait passively for anyone—suppliers, sales people, colleagues, supervisors—to make good on their delivery promises; go after them and keep relentlessly after them.


Many novices assume that it is sufficient to make a request or order, then sit back and wait until the goods or services are delivered. Most jobs progress in direct proportion to the amount of follow–up and expediting that is applied to them. Expediting means planning, investigating, promoting, and facilitating every step in the process. Cultivate the habit of looking immediately for some way around each obstacle encountered, some other recourse or expedient to keep the job rolling without losing momentum.

On the other hand, the matter is occasionally overdone by overzealous individuals who make themselves obnoxious and antagonize everyone with their incessant pestering. Be careful about demanding action from others. Too much insistence and agitation may result in more damage to one’s personal interest than could ever result from the miscarriage of the item involved.


Confirm your instructions and the other person’s commitments in writing.


Do not assume that the job will be done or the bargain kept just because someone agreed to do it. Many people have poor memories, others are too busy, and almost everyone will take the matter a great deal more seriously if it is in writing. Of course there are exceptions, but at times it pays to copy a third person as a witness.


When sent out on a business trip of any kind, prepare for it, execute the business to completion, and follow up after you return.

Any business trip, whether to review a design, resolve a complaint, analyze a problem, investigate a failure, call on a customer, visit a supplier, or attend a trade show, deserves your special attention to return the maximum benefit for the time and expense. Although each business trip will be unique, and the extent to which you must do the following will be different for each, as a minimum, be sure to:

• Plan the travel. This is more than just reserving transportation and hotels. Consider all eventualities such as lost luggage, missed connections, late arrivals, unusual traffic. Those you are meeting have arragend their schedules for you, so don’t disappoint them—arrive on time and be ready to perform. Follow the motto: “If you can’t be on time, be early!”

• Plan and prepare for the business to be done. Prepare and distribrute agendas before you arrive. Send ahead any material to be reviewed. Be sure everything (e.g., samples, prototypes, presentations) is complete. Practice any presentations, however minor they might seem, beforehand. In short, be fully prepared and allow those you visit to prepare fully.

• Complete the business at hand. You will not always be able to carry out a business trip to your complete satisfaction; others may control the outcome to a different conclusion. Nevertheless, if you have been sent out to complete a specific task, perhaps to analyze a failure or observe a product in use, and the allotted time proves inadequate for whatever reason, stay until the job is complete. Neither your supervisor nor those you visit will like it if someone else has to be sent out later to finish what you did not.

• Execute the appropriate follow–up. Often a seemingly successful trip will come to nothing without adequate follow–up. Use meeting minutes, trip reports, and further communications to your best advantage.

Most helpful customer reviews

10 of 12 people found the following review helpful.
30 Minutes of Reading, a Lifetime of Good Advice
By Miami Bob
Basically, as a 50-year old professional, this book delivers little of what I have not already learned through trial and error.

This book allows you to learn without the scar tissue which I have accumulated from my "trial and error" travails.

Had someone come to me with this book when I was young -- when I intentionally continued to live in my world (by stealth) in order not to heed to the advice of my elders and continued to avoid their prophetic advice -- I would have been much better informed.

My recommenddation for AARP-card carrying members like myself, get a young'un to deliver this common sensical verse of advice at the young and restless person's door step (God forbid a gray-haired geezer be the deliverer of this book of truisms); and, then pray that the easily read words written therein somehow can be absorbed -- even if only partly. This book only offers good advice, so the more taken -- the more good is given.

"Pass it on."

5 of 5 people found the following review helpful.
Every College Graduate Should Buy This Book
By A. Eckerman
I have been in business for over a decade and I live and breathe by many of the principles discussed in this book. I discovered these directives on my own through trial and error (mostly error) and from my numerous mentors. I certainly would have been better off if I had been exposed to this book as a graduate. The directives are quite simple but without them laid out in such simple terms and put into context most people would completely miss them. I will be purchasing this book for my kids their senior year of college.

4 of 4 people found the following review helpful.
Everything You Need To Know
By Kerrie More
I loved this little gem of a book. It gently reminds us how to be a better employee or employer, but I think this advice ultimately can help us be better in ALL of our relationships. Imagine if we let our ethics be our assett with our friends, neighbors and family, as well as our supervisors and co-workers. The title does not do this book justice, because it is not just the business community who needs these lessons. Whether you serve ice cream at a local shop, superivse small children at a day-care, teach in a classroom, or manage a multi-million dollar corporation, this book is all you need to guide you. Buy multiple copies and give it to college graduates and high-school students applying for their first job. If you are a high school guidance counselor, teach it to your students. If you are a boss, give it to your employees when they are hired (and read your own copy again and again!). If you are an employee, keep it on your desk and look at it from time to time to remind you to be your best. Thank you Mr. King and Mr. Skakoon for your timeless wisdom.

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Senin, 22 Oktober 2012

[I435.Ebook] Ebook Free Cost and Management Accounting, by Colin Drury

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Cost and Management Accounting, by Colin Drury

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Cost and Management Accounting, by Colin Drury

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Cost and Management Accounting, by Colin Drury

This international best-seller provides a clear and accessible introduction to cost and management accounting. Colin Drury's renowned authoring expertise blends theory and practice and the text encompasses all the basic topics needed on an introductory course. Now in its seventh edition, Cost and Management Accounting has been carefully updated to ensure it precisely fits the latest course and examination requirements.

  • Sales Rank: #182234 in Books
  • Published on: 2011-03-23
  • Original language: English
  • Number of items: 1
  • Dimensions: .70" h x 7.60" w x 10.20" l, 1.85 pounds
  • Binding: Paperback
  • 504 pages

About the Author
Colin Drury BA MBA ACMA is Emeritus Professor at Huddersfield University and a leading textbook author for a generation of accounting students. His books have been widely recommended by the main professional accounting bodies for their examinations. He is an active researcher and published in the main peer-reviewed journals including Management Accounting Research and European Accounting Review, with his research focussing on the application of management accounting techniques in British industry.

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Jumat, 19 Oktober 2012

[X575.Ebook] Free PDF How to Make Love to the Same Person for the Rest of Your Life and Still... Love It (Black Lace), by Dagmar O'Connor

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How to Make Love to the Same Person for the Rest of Your Life and Still... Love It (Black Lace), by Dagmar O'Connor

The busy lives we lead can sometimes affect our most important relationships – not least the one we have with our life partner. The pressures of career, financial worries and children often mean that the exciting, revitalising sex we used to have becomes a rare event.

The good news is that a monogamous partnership can easily lead to ultimate pleasure and ultimate sex. Commitment doesn't have to equal boredom, and intimacy doesn't always give way to routine. Society changes, but the challenges we encounter in our sex lives remain the same. Masters and Johnson-trained sex therapist Dagmar O'Connor offers expert advice in this fully updated practical and entertaining guide to overcoming common relationship pitfalls.

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  • Sales Rank: #2281680 in Books
  • Published on: 2005-01-01
  • Original language: English
  • Number of items: 1
  • Dimensions: .64" h x 4.28" w x 7.02" l, .30 pounds
  • Binding: Mass Market Paperback
  • 240 pages

Most helpful customer reviews

3 of 3 people found the following review helpful.
Should be required reading for every couple!
By Earl Chrysler
The author examines the various symptoms of sex-related problems couples experience and takes the reader through a step-by-step analysis of the situations, then proposes tactics to resolve the problems. She then reports on the results as her 'subjects' follow her advice.

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4 of 4 people found the following review helpful.
Sparked some fun pillow talk with my husband....
By Sandra Gentry
This is a book written before the day and age of the internet but it's still all meaningful. Relationships haven't changed once you live together, I think. And getting used to someone happens under the best of circumstances....so this is a good book. Let's you know what's normal and how to be more sensual. Actual excercises included....who doesn't like a backrub that is NOT foreplay. ;)

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Sabtu, 13 Oktober 2012

[F659.Ebook] Get Free Ebook Principles of Comparative Politics, by Gregory Mahler

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Principles of Comparative Politics, by Gregory Mahler

Debuting in its first edition, Principles of Comparative Politics emphasizes the analysis of institutions, giving readers an accessible and concrete cross-national introduction to the political world. Surveying themes and countries,this brief text lays out the major elements of a political system–executive, legislature, political behavior, and more–and examines them in Britain, France, Germany, Russia, Mexico, China, Kenya, and Canada. Principles of Comparative Politics helps readers understand the mechanisms that drive politics and appreciate the variations among them.

  • Sales Rank: #411729 in Books
  • Brand: Brand: Pearson
  • Published on: 2012-02-18
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.90" h x 1.20" w x 5.90" l, 1.40 pounds
  • Binding: Paperback
  • 512 pages
Features
  • Used Book in Good Condition

Review

“Alone among textbooks on comparative politics, Greg Mahler’s Principles of Comparative Politics combines a sweeping and up-to-date overview of the field with incisive and detailed studies of eight themes and eight countries.� It’s an ideal introductory text, giving students both theoretical context and country-specific understanding.” —Ronald Rogowski, University of California-Los Angeles

“Clearly written and intelligently organized, Mahler offers students a comprehensive and well-informed overview of the structures, institutions, and actors that organize political life in countries around the world. This is a perfect text for introductory courses in comparative politics!” —Mark Tessler, University of Michigan

“This is the quintessential introduction to comparative politics. It provides a sophisticated foundation of institutional analysis, respects historical influences, and above all, carefully focuses on the key mechanisms that drive politics in the contemporary world.” — Gerhard Peters, Citrus College

About the Author
Greg Mahler is Professor of Politics and Academic Dean and Vice President for Academic Affairs at Earlham College.

Most helpful customer reviews

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up to snuff
By mblim
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0 of 0 people found the following review helpful.
Highly recommended!
By Zangetsu
Excellent book on comparative politics. I had to use this book for a class and this book is much better than your average run of the mill textbook. I recommend purchasing this book!

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Came in earlier than expected for a great price
By Erin Begley
Bought this book for my class. Came in earlier than expected for a great price

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[P996.Ebook] Ebook Download The Meaning of Hotep: A Nubian Study Guide, by Anpu Unnefer Amen

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The Meaning of Hotep: A Nubian Study Guide, by Anpu Unnefer Amen

Hotep is a word associated with recognizing that there is a Creative Force eminent in all things. Hotep deals with the commemoration of the ancestors, some of whom are great figures that stand out in history, such as Imhotep, the world's first known multigenius and true father of medicine; Ptahhotep, the author or the world's oldest book of instruction; Neithhotep, the First Dynasty queen and wife of Pharoah Mena; and Amenhotep, who designed the Ipet-Isut Temple in the west. All the major Western religions teach that man wound up being cast out of his heavenly abode due to woman's ungodly act of enticing him to eat of the fruit of the forbidden tree of the knowledge of good and evil, thereby incurring the wrath of God. The Meaning of Hotep traces the historical records that have left an indelible proof that before God was conceived of in his masculine forms that are known of in the worlds today, God was, primarily, a woman. The Meaning of Hotep presents evidence that the Ten Commandments existed long before Moses and the Psalms before David. This book is for anyone interested in learning about spirituality in general.

  • Sales Rank: #230772 in Books
  • Published on: 2012-11-30
  • Released on: 2012-11-30
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.50" h x .43" w x 5.50" l, .50 pounds
  • Binding: Paperback
  • 172 pages

About the Author
Anpu Unnefer Amen shows how the parallels of Jesus the Christ and Heru are too similar to be a coincidence. The Meaning of Hotep is sure to captivate anyone interested in learning about the Nubian teachings and their application from what Anpu Unnefer Amen has coined a Nubian-centered perspective.

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By Keona
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8 of 9 people found the following review helpful.
A must read for anyone seeking awakening.....Amen Ra
By Carmen Floyd
One of the best writings...makes you seek more truth, opens you to ask ?'s,keep searching & shearing this information.. AmemRa

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God can reach his people
By DOROTHY WILFORD
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Senin, 08 Oktober 2012

[R324.Ebook] Download PDF Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L. Leibowitz, Sidney Homer, Stanley Kogelman

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Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L. Leibowitz, Sidney Homer, Stanley Kogelman

A completely updated edition of the guide to modern bond analysis

First published in 1972, Inside the Yield Book revolutionized the fixed-income industry and forever altered the way investors looked at bonds. Over forty years later, it remains a standard primer and reference among market professionals. Generations of practitioners, investors, and students have relied on its lucid explanations, and readers needing to delve more deeply have found its explication of key mathematical relationships to be unmatched in clarity and ease of application.

This edition updates the widely respected classic with new material from Martin L. Leibowitz. Along the way, it skillfully explains and makes sense of essential mathematical relationships that are basic to an understanding of bonds, annuities, and loans—in fact, any securities or investments that involve compound interest and the determination of present value for future cash flows. The book also includes a new foreword.

  • Contains information that is more instructive, important, and useful than ever for mastering the crucial concepts of time, value, and return
  • Combines the clear fixed-income insights found in the original edition with completely new knowledge to help you navigate today's dynamic market
  • Includes over one hundred pages of new material on the role of bonds within the total portfolio

In an era of calculators and computers, some of the important underlying principles covered here are not always grasped thoroughly by market participants. Investors, traders, and analysts who want to sharpen their ability to recall and apply these fundamentals will find Inside the Yield Book the perfect resource.

  • Sales Rank: #367375 in Books
  • Published on: 2013-04-29
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.30" h x 1.15" w x 6.40" l, 1.45 pounds
  • Binding: Hardcover
  • 368 pages

Review

“The third edition of�Inside the Yield Book builds on the previous editions with valuable insights into duration targeting. The authors convey their mathematically elegant findings with the same clarity and accessibility that characterized the writing of Leibowitz and Homer more than 40 years ago, before abstruse formulas began to permeate fixed-income analysis.”�
—CFA Institute Book Review

From the Inside Flap

First published in 1972, and then updated in 2004, Inside the Yield Book is the widely-read classic volume that led to the modern science of bond analytics.

With the global nature of today's investment management process and the increasing complexity of financial instruments, we may seem far removed from the bond markets that authors Martin Leibowitz and Sidney Homer first wrote about over forty years ago, but the ability of this new Third Edition to explain complex relationships in the debt markets in a logical and often intuitive way remains unchanged.

Divided into three comprehensive parts, this new edition is filled with what many would consider some of the best information regarding bonds you'll ever find. It contains the complete original edition of Leibowitz and Homer's classic, which basically created the science of bond analysis through clear explanations of bond portfolio management and the math behind bond yields and prices. It also includes the 2004 updates to the classic, which developed a horizon-based approach to present-value and showed how these concepts could be generalized beyond bonds to become useful in the analysis of virtually any investment opportunity, including equities.

While the earlier editions of this reliable guide focused on a single bond that was continuously held either to maturity or to some specified horizon, many bond investments take the form of portfolios composed of multiple bond holdings and a continually changing bond composition. A completely new part of this Third Edition contains material coauthored by Martin Leibowitz, Anthony Bova, and Stanley Kogelman that reflects this reality. It provides valuable insights into the often-surprising return behavior exhibited by Duration Targeting (DT) portfolios—the most common form of bond management—over multi-year horizons. Engaging and informative, this new part addresses some practical concerns in this arena as it: develops a trendline-based zero coupon bond model of Duration Targeting; explores the relationship between yield volatility and return volatility; moves beyond theory and simulated returns to the recorded returns of actual Duration Targeted portfolios; analyzes the so-called "laddered portfolios" that commonly are used by individual investors; and much more.

Whether you're an institutional or individual investor, trader, or analyst, if you're looking to enhance your bond analysis skills, this authoritative work covers essential concepts and contains illustrative examples that will allow you to excel in today's challenging bond markets.

From the Back Cover

Praise for the Second Edition of Inside the Yield Book

The seminal book on bond analysis, now with new work on Duration Targeting

"It's pure pleasure to revisit this innovative and authoritative bedrock of modern bond analysis . . . the description of Wall Street's original 'rocket scientist' encountering Salomon Brothers' trading floor is worth the price of admission."
—John Lipsky, Chief Economist, JPMorgan Chase

"This book transformed the markets' understanding of bonds. The new material in this expanded edition extends those insights to equities and other investments—and the investment world is indebted anew to Sidney Homer and Martin Leibowitz."
—Frank J. Fabozzi, PhD, CFA, editor of the Journal of Portfolio Management and Professor in the Practice of Finance at Yale University's School of Management

"Inside the Yield Book may not be where it all began, but it certainly is where it all began to be understood. The clarity and elegance of language and thought is startling. The new material will not disappoint. This book will live forever!"
—Jack R. Meyer, President and CEO, Harvard Management Company

"Every participant in the fixed-income market needs to read and then reread this authoritative work."
—Laurence Fink, Chairman and CEO, BlackRock

"The new edition gives us the best of both worlds: the complete classic that helped launch a golden age for fixed-income investing, and completely new sections that show how relevant and essential its wisdom remains today."
—Lewis S. Ranieri, Chairman, Hyperion Partners

Most helpful customer reviews

2 of 2 people found the following review helpful.
A welcome update of a classic
By Gary A. Glynn
A timely update of a classic text on bond management. It is really helpful in the current low interest rate environment.

0 of 0 people found the following review helpful.
Strongly recommended
By Erick Zanner
This was required reading back in the day...would recommend it to anyone that has an interest in understanding the bond market.

See all 2 customer reviews...

Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L. Leibowitz, Sidney Homer, Stanley Kogelman PDF
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Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L. Leibowitz, Sidney Homer, Stanley Kogelman PDF

Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L. Leibowitz, Sidney Homer, Stanley Kogelman PDF

Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L. Leibowitz, Sidney Homer, Stanley Kogelman PDF
Inside the Yield Book: The Classic That Created the Science of Bond Analysis, by Martin L. Leibowitz, Sidney Homer, Stanley Kogelman PDF