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From Adam Smith to the present day, economic theory has shortchanged the workers most crucial to the functioning of human life and offered skewed views of scarcity and extraction. Perelman shows how this approach has produced a discipline in which its followers' models and representations of the world around them are so removed from reality that continuing to abide by them would jeopardize both human capacities and nature itself.
This book argues that the right-wing revolution in the United
States has created deepening inequality and will lead to economic
catastrophe. The author makes the case that over the past three
decades the rich have confiscated wealth and income from the poor
and middle class to a far greater extent than many realize, and he
explores in detail important but commonly unmeasured dimensions of
inequality. He also takes aim at the economics profession,
criticising the analytical blinders that leave economists incapable
of seeing the coming crisis.
This book argues that the right-wing revolution in the United
States has created deepening inequality and will lead to economic
catastrophe. The author makes the case that over the past three
decades the rich have confiscated wealth and income from the poor
and middle class to a far greater extent than many realize, and he
explores in detail important but commonly unmeasured dimensions of
inequality. He also takes aim at the economics profession,
criticizing the analytical blinders that leave economists incapable
of seeing the coming crisis.
This book argues that the right-wing revolution in the United
States has created deepening inequality and will lead to economic
catastrophe. The author makes the case that over the past three
decades the rich have confiscated wealth and income from the poor
and middle class to a far greater extent than many realize, and he
explores in detail important but commonly unmeasured dimensions of
inequality. He also takes aim at the economics profession,
criticising the analytical blinders that leave economists incapable
of seeing the coming crisis.
The purpose of this book is to call for a wholesale rethinking of
the way that markets treat both the labour and natural resources on
which we all depend. It reveals how economic analysis justifies
self-defeating policies that encourage wanton use of the
environment and callous abuse of the least advantaged labourers.
From Adam Smith to the present day, economic theory has
short-changed the workers most crucial to the functioning of human
life and offered skewed views of scarcity and extraction. Perelman
will show how this approach has produced a discipline in which its
followers' models and representations of the world around them are
so removed from reality that continuing to abide by them would
jeopardize both human capabilities and nature itself.
This book describes how corporate powers have erected a rapacious
system of intellectual property rights to confiscate the benefits
of creativity in science and culture. This legal system threatens
to derail both economic and scientific progress, while disrupting
society and threatening personal freedom. Perelman argues that the
natural outcome of this system is a world of excessive litigation,
intrusive violations of privacy, the destruction system of higher
education, interference with scientific research, and a lopsided
distribution of income.
A three-step methodology was developed to provide reliable
prediction of a coal's behaviour in a utility boiler: (1)
Extracting the combustion kinetic model parameters by combining
experimental data from a pilot-scale test facility, Computational
Fluid Dynamic (CFD) codes and an artificial neural network. While
the combustion kinetic parameters used in the model code will not
correspond to the combustion rate of a single particle of coal,
these parameters do describe the combustion behaviour of a
"macroscopic" sample of tested coal.(2) Validation of the
combustion kinetic model parameters by comparing diverse
experimental data with simulation results calculated with the same
set of model parameters. (3) The model parameters are then used for
simulations of full-scale boilers using the same CFD code. For
operational engineering information needed by the utility operator,
the authors apply the predicted results to EXPERT SYSTEM, a boiler
supervision system developed by Israel Electric Corporation (IEC).
Four different bituminous and sub-bituminous coals with known
behaviour in IEC 550MW opposite-wall and 575MW tangential-fired
boilers were used to show the adequacy of the methodology. The
predictions are done with the CFD code, GLACIER, propriety of
Reaction Engineering International (REI). Preconfigured GLACIER
models of the test and full-scale furnaces were purchased from REI
and validated by our group. This book includes a detailed
description of the methodology, test furnace facility and an
example of the experimental and predictive combustion results from
the four coals used to test the methodology. In addition, two
previously unknown coals are examined prior to their firing in the
utility boilers and prediction of their behaviour and operational
parameters in the two boilers carried out.
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