Since the first edition of The Financial Times Guide to ETFs was published in 2009, the number of ETFs in issue has doubled and ETFs are now common both on investor platforms and increasingly amongst financial advisors. This massive increase in demand has highlighted an urgent debate - just how dangerous are ETFs and how much do investors and advisers understand about the structure of the index tracker? The second edition of this book attempts to answer this debate and is the indispensable bible on trackers for professional advisers and serious private investors. This new edition also features a chapter based around the theme of Due Diligence and a new chapter on How to use ETFs and Index Funds for theLong-term, as well as a new Jargon busting section and a-new appendix looking at new ideas beginning to emerge.

This edited collection calls for a greater understanding of ‘the local’ within the ways the arts, culture and creative practices are governed and promoted, regulated, resourced and valued. Cultural policy studies tends to marginalise the ‘local’, emphasising its value as a case study, rather than a topic of study in its own right. There is also privileging of the national (and international) as the primary site at which cultural policy is enacted, and thus can be reformed. While this may make global policy transfer manageable for national policy agencies, there are contingent relationships between policy and ‘the local’ which inform practice, and which reflect diverse geographies with distinct identities. This volume interrogates our conceptualisations of ‘the local’ in cultural policy studies. The book is structured around three themes: disciplining the local, through examination of particular understandings of the key concepts from different academic fields of study; managing the local, through examination of policy approaches that engage with the idea of ‘the local’ in different ways; and practising the local, through case studies of how ‘local’ cultural policies are being enacted in places of differing scale and geography.This is an open access book.

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Sir Robert Moray (1608-1673) was one of the most active of the twelve founding members of the Royal Society, and as a close friend of King Charles, was a key figure in obtaining the royal patronage that was crucial to its status and growth. Whilst not an active or original researcher, Moray's role as enthusiastic and widely read participant in, and inspirer of, the Society's activities, place him at the centre of the seventeenth-century British scientific scene. As well as being an active member of the Royal Society, Moray was a prolific letter writer, sending a steady stream of news and correspondence to his friend Alexander Bruce, Earl of Kincardine, whose ill-health often kept him away from events. Providing a complete modern edition of the letters written between 1657 and 1673, this collection offers a unique insight into the attitudes and aspirations of the early scientific community. Ranging widely across a broad range of subjects, including medicine, magnetism, horology, politics, current affairs, the coal and salt industries, fishing, freemasonry, literature, heraldry and symbolism, the letters display Moray's knowledge of a formidable range of subjects and authors. As well as being a lively example of the letter writers art, they are a rich source for anyone with an interest in early modern medical and scientific history, as well as those investigating the broader social and cultural milieu of Restoration society.

The creative and cultural industries are a dynamic and rapidly expanding field of enterprise. Yet all too often the dominant narrative about arts organisations is one of crisis, collapse, and closure. This edited collection seeks to challenge that narrative through pursuing a focus on organisational success in the management of creative and cultural organisations. This book offers a robust and in-depth analysis of nine international case studies exploring how different organisations have achieved their objectives through effectively managing their resources. Spanning a broad cross section of the cultural sector including Theatres; Multi-Arts Venues; Performing Arts Companies; Museums and Galleries; and Festivals and Events, these cases highlight the importance of examining an individual organisation's success in relation to its environmental context, revealing not only how arts organisations work in practice, but also providing inspiration and encouragement for those wishing to emulate such success. With an explicit focus on examining theory in practice, this unique collection will be of great interest to students, academics, and practitioners alike. While traditional approaches have often been overly theoretical, this pragmatic approach will help students to gain a richer understanding of how to manage cultural and creative organisations more effectively.

The First World War has been described as the "primordial catastrophe of the twentieth century." Arguably, Italian Fascism, German National Socialism and Soviet Leninism and Stalinism would not have emerged without the cultural and political shock of World War I. The question why this catastrophe happened therefore preoccupies historians to this day. The focus of this volume is not on the consequences, but rather on the connection between the Great War and the long 19th century, the short- and long-term causes of World War I. This approach results in the questioning of many received ideas about the war's causes, especially the notion of "inevitability."

The First World War has been described as the "primordial catastrophe of the twentieth century." Arguably, Italian Fascism, German National Socialism and Soviet Leninism and Stalinism would not have emerged without the cultural and political shock of World War I. The question why this catastrophe happened therefore preoccupies historians to this day. The focus of this volume is not on the consequences, but rather on the connection between the Great War and the long 19th century, the short- and long-term causes of World War I. This approach results in the questioning of many received ideas about the war's causes, especially the notion of "inevitability."

This open access book examines how and why the UK's approach towards increasing cultural participation has largely failed to address inequality and inequity in the subsidised cultural sector despite long-standing international policy discourse on this issue. It further examines why meaningful change in cultural policy has not been more forthcoming in the face of this apparent failure. This work examines how a culture of mistrust, blame, and fear between policymakers, practitioners, and participants has resulted in a policy environment that engenders overstated aims, accepts mediocre quality evaluations, encourages narratives of success, and lacks meaningful critical reflection. It shows through extensive field work with cultural professionals and participants how the absence of criticality, transparency, and honesty limits the potential for policy learning, which the authors argue is a precondition to any radical policy change and is necessary for developing a greater understanding of the social construction of policy problems. The book presents a new framework that encourages more open and honest conversations about failure in the cultural sector to support learning strategies that can help avoid these failures in the future.

Sir Robert Moray (1608-1673) was one of the most active of the twelve founding members of the Royal Society, and as a close friend of King Charles, was a key figure in obtaining the royal patronage that was crucial to its status and growth. Whilst not an active or original researcher, Moray's role as enthusiastic and widely read participant in, and inspirer of, the Society's activities, place him at the centre of the seventeenth-century British scientific scene. As well as being an active member of the Royal Society, Moray was a prolific letter writer, sending a steady stream of news and correspondence to his friend Alexander Bruce, Earl of Kincardine, whose ill-health often kept him away from events. Providing a complete modern edition of the letters written between 1657 and 1673, this collection offers a unique insight into the attitudes and aspirations of the early scientific community. Ranging widely across a broad range of subjects, including medicine, magnetism, horology, politics, current affairs, the coal and salt industries, fishing, freemasonry, literature, heraldry and symbolism, the letters display Moray's knowledge of a formidable range of subjects and authors. As well as being a lively example of the letter writers art, they are a rich source for anyone with an interest in early modern medical and scientific history, as well as those investigating the broader social and cultural milieu of Restoration society.

The Miscellany of the Scottish History Society brings together critical editions of important and previously unpublished manuscripts of relevance to Scottish History. As well as providing transcriptions, the editors introduce and explain the context of documents which have been neglected or even unknown to historians, providing a valuable resource for researchers, students, and all those interested in exploring Scottish history through the original sources. Volume XV focuses on the turbulent middle decades of the seventeenth century, offering editions of three vital but previously unpublished manuscript sources for this period: the Letter-Book of John Clerk of Penicuik, 1644-1645; the Minute Book of The Board Of The Green Cloth, July 1650 - July 1651; and the Records of the Anglo-Scottish Union Negotiations, 1652-1653. With a particular emphasis on the economic and political history of the period, the records offer valuable insights on trade networks and commodities, and on the upheavals following in the wake of the execution of Charles I. They also help to place Scottish history in a wider British and European context, by highlighting mercantile networks and the negotiations for Anglo-Scottish Union under Oliver Cromwell. Together, they comprise an essential resource for those interested in seventeenth-century history.

Published in 1878, this biography of the civil engineer Robert Stevenson (1772 1850) was written by his second-youngest son David (1815 86), also a civil engineer and uncle to the author Robert Louis Stevenson. Having already published The Principles and Practice of Canal and River Engineering in 1872 (also reissued in this series), he set about writing this survey of his father's life and works, based on extracts from Robert's professional reports, notes from his diary, and communications to scientific journals and societies between 1798 and 1843. Perhaps most widely known for his practical and persuasive leadership in building many lighthouses for the Northern Lighthouse Board - including that on the notorious Bell Rock, over which he came into conflict with engineer John Rennie regarding the design - Stevenson ensured that the Scottish coastline became a much safer place for shipping for decades to come."

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1859 edition. Excerpt: ...one already mentioned between Pittsburg and Erie, affording very little comfort or facility to those who have the misfortune to be obliged to travel upon them. But on the construction of one or two lines of road, the Americans have bestowed a little more attention. The most remarkable of them is that called the "National Koad," stretching across the country from Baltimore to the State of Illinois, a distance of no less than 700 miles, an arduous and extensive work, which was constructed at the expense of the government of the United States. The narrow tract of land from which it was necessary to remove the timber and brushwood for the passage of the road measures eighty feet in breadth; but the breadth of the road itself is only thirty feet. Commencing at Baltimore, it passes through part of the State of Maryland, and entering that of Pennsylvania, crosses the range of the Alleghany Mountains after which, it passes through the States of Virginia, Ohio and Indiana, to Illinois. It is in contemplation to produce this line of road to the Mississippi at St Louis, where, the river being crossed by a ferry-boat stationed at that place, the road is ultimately to be extended into the State of Missouri, which lies to the west of the Mississippi. The "Macadamized road," as it is called, leading from Albany to Troy, is another line which has been formed at some cost, and with some degree of care. This road, as its name implies, is constructed with stone broken, according to Macadam's principle. It is six miles in length, and.has been formed of a sufficient breadth to allow three carriages to stand abreast on it at once. It belongs to an incorporated company, who are said to have expended about L.20,000 in constructing and upholding it....

One of the leading figures in the age of great engineers, David Stevenson (1815 86) was the son of a lighthouse builder, and while studying at Edinburgh University he was already gaining experience at his father's side. It is for his lighthouses and works of inland navigation that he is best remembered: he designed Britain's most northerly lighthouse and worked on improving navigation on rivers such as the Dee, the Forth and the Clyde. His article on inland navigation for the Encyclopaedia Britannica was published separately in 1858, and was revised and updated for this second edition in 1872. Although Stevenson acknowledges that the age of the canal has been superseded by the age of the railway, he maintains that there is much to learn from the older technology. Illustrated with cross-sections and plans, this work will be of interest to readers seeking to explore the history of Britain's industrial infrastructure.

The global impact of the First World War dominated the history of the first half of the twentieth century. This major reassessment of the origins of the war, based on extensive original research in several countries, is the first full analysis of the politics of armaments in pre-1914 Europe. David Stevenson directs attention away from the Anglo-German naval race towards the competition on land between the continental armies. He analyses the defence policies of the Powers, and the interaction between the growth of military preparedness and the diplomatic crises in the Mediterranean and the Balkans that culminated in the events of July-August 1914. Drawing on insights from political science, the book offers a fresh conceptual framework for the origins of the First World War, and provides a thought-provoking case-study of the broader relationships between armaments and international conflict.