Thomas à Kempis wrote that everyone desires peace but not the things that make for peace. Such a universal desire would be a hopeful sign, a foundation to build on as we contemplate (and, no doubt, debate) “the things that make for peace.” I offer as murder is to crow as a record of “perchings” in my contemplation of things that make for peace.…[Read more]

This chapter examines the relationship between American Westerns and Brazilian Nordesterns, films set in the arid northeastern region known as the sertão. US cultural and economic imperialism, in Brazil and throughout Latin America, is both cause and effect of persistent underdevelopment. The northward flow of natural resources has long been…[Read more]

Akira Kurosawa’s 1963 police procedural is, as its title suggests, intensely interested in the socioeconomic valences of spatial relationships, literalized in Yokohama’s affluent hills and its low-lying slums. The central conflict between inhabitants of these two spaces articulates this local topography into a global framework, in which con…[Read more]

We present a pricing model for fade option. A fade option can be more precisely named as “point-barrier option”. The fade option is a vanilla option that exists or dies if a barrier is breached on a single preset date, which is prior or equal to the contract maturity.