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The first portion of the classic volume written by Scott, Tales of
a Grandfather, covering the history of Scotland up to Scott's time.
In 1828 the world's greatest storyteller sat down to weave yet
another yarn. Over the past dozen or so years, Sir Walter Scott had
almost single-handedly revived Scottish pride and of course, his
novels had fanned the flames of passion for the kilts, bagpipes,
and highland burr of the Scots. He had become the world's spokesman
for all things Celtic. But now he had something entirely different
in mind. His Tales from a Scottish Grandfather proved to be his
most intimate, most accessible, and most dramatic stories of all.
The reason was simple: He was no longer telling his stories to the
world. He was telling them to his own grandson. Scott was far and
away the most popular writer of the nineteenth century. Often
mentioned in the same breath with Chaucer, Shakespeare, and Milton,
his output was prodigious: twenty-seven novels, five major works of
epic poetry, three biographies, fourteen histories, and half a
dozen collections of tales, legends, and ballads. All remain
classics to this day. But it was for his popularisation of his
native Scotland that he is best remembered. Scott was proud of his
work but he was especially proud of the stories in Tales from a
Scottish Grandfather. Here he recovered the whole story of his
beloved Scotland - its actual history, not a fictionalised
approximation. From William Wallace and Robert the Bruce (volume 1)
to John Knox and Mary, Queen of Scots (volume 2), from the
subjugation of Rob Roy and the rising of the Jacobites (volume 3)
to the crusade of Bonnie Prince Charlie and the quest of the Duke
of Cumberland (volume 4), the entire romantic tapestry is unrolled,
not as a historian would tell it, but as a grandfather would. In
these four volumes Scott marshals all his narrative power for the
sake of love - love of family, love of place, and love of legacy.
At a time when interest in Scotland has never been greater, these
volumes are sure to strike a nerve and find a treasured place in
schools, libraries, and, most especially, in homes, where they most
belong.
The final quarter of the classic volume written by Scott, Tales of
a Grandfather, covering the history of Scotland up to Scott's time.
The final quarter of the classic volume written by Scott, Tales of
a Grandfather, covering the history of Scotland up to Scott's time.
This volume includes stories of Mary Queen of Scots, John Knox and
the heroes of Scotland's reformation. Scott marshals all his
narrative power for the sake of love - love of family, place and
legacy.
This book examines the dangers of continuing government bailouts
and offers alternative strategies designed to produce growth based
on the vigor of the private sector with inflation under control.
The expert authors show that it is indeed possible to explain the
causes of the crisis in understandable terms and clarify why
resolving the bailout problem is esseHow Do We Make Failure
Tolerable?The American people are clearly upset about the massive
government bailouts of faltering organizations and the consequent
commitment of taxpayer dollars-as well as the heavy involvement of
the federal government in private sector activities. How do we
approach a problem of this magnitude? The key question, which
George Shultz presents at the outset, is: How do we make failure
tolerable? In other words, if clear and credible measures can be
put into place that convince everybody that failure will be
allowed, then the expectations of bailouts will recede and perhaps
even disappear. Perhaps more important, we would also get rid of
the risk-inducing behavior that even implicit government guarantees
bring about. In Ending Government Bailouts as We Know Them, a team
of expert contributors examine the dangers of continuing government
bailouts and offer constructive alternatives designed to both
resolve the current bailout problem and prevent future crises. The
other contributors follow up on Shultz's premise with discussions
on a range of key topics. They begin with the nature of systemic
risk-particularly in the experience of the Lehman Brothers
bankruptcy-and the reforms that financial firms can implement,
whether or not required by government regulatory agencies. They
also explore in detail the two main alternatives to government
bailouts in the case of a failing financial firm: bankruptcy versus
resolution authority. The book concludes with a summary of the
commentary on the chapters by formal discussants and the audience
at the conference, ranging from constructive critiques to strong
endorsements to ideas for future research.ntial to preventing
future crises.
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