[Selections by Humberto Barreto for SHOE list.]
nep-hpe <https://nep.repec.org/nep-hpe.html> New Economics Papers
<https://nep.repec.org/> on History and Philosophy of Economics
Issue of 2024‒01‒15
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>,
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. Econometric Causality: The Central Role of Thought Experiments
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p1> By Heckman,
James J.
<http://econpapers.repec.org/scripts/search.pf?aus=Heckman,%20James%20J.>
; Pinto, Rodrigo
<http://econpapers.repec.org/scripts/search.pf?aus=Pinto,%20Rodrigo>
2. Une nouvelle perspective sur la prédation, le conflit, le capitalisme
et le changement institutionne (Une évaluation critique de l’école de
régulation), entretien de Mehrdad Vahabi avec Samuel Klebaner
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p2> By Vahabi,
Mehrdad
<http://econpapers.repec.org/scripts/search.pf?aus=Vahabi,%20Mehrdad>;
Klebaner,
Samuel
<http://econpapers.repec.org/scripts/search.pf?aus=Klebaner,%20Samuel>
3. Conventional Wisdom, Meta-Analysis, and Research Revision in Economics
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p3> By Gechert,
Sebastian
<http://econpapers.repec.org/scripts/search.pf?aus=Gechert,%20Sebastian>
; Mey, Bianka
<http://econpapers.repec.org/scripts/search.pf?aus=Mey,%20Bianka>; Opatrny,
Matej
<http://econpapers.repec.org/scripts/search.pf?aus=Opatrny,%20Matej>;
Havranek,
Tomas
<http://econpapers.repec.org/scripts/search.pf?aus=Havranek,%20Tomas>;
Stanley,
T. D.
<http://econpapers.repec.org/scripts/search.pf?aus=Stanley,%20T.%20D.>; Bom,
Pedro R. D.
<http://econpapers.repec.org/scripts/search.pf?aus=Bom,%20Pedro%20R.%20D.>
; Doucouliagos, Hristos
<http://econpapers.repec.org/scripts/search.pf?aus=Doucouliagos,%20Hristos>
; Heimberger, Philipp
<http://econpapers.repec.org/scripts/search.pf?aus=Heimberger,%20Philipp>
; Irsova, Zuzana
<http://econpapers.repec.org/scripts/search.pf?aus=Irsova,%20Zuzana>;
Rachinger,
Heiko J.
<http://econpapers.repec.org/scripts/search.pf?aus=Rachinger,%20Heiko%20J.>
4. Dissecting inequality: conceptual problems, trends and drivers
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p4> By A. Tidu
<http://econpapers.repec.org/scripts/search.pf?aus=A.%20Tidu>
5. М.Я. Лемешев – основатель науки об экономике природопользования
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p5> By Egorova,
Natalia
<http://econpapers.repec.org/scripts/search.pf?aus=Egorova,%20Natalia>;
Kozerskaya,
Natalia
<http://econpapers.repec.org/scripts/search.pf?aus=Kozerskaya,%20Natalia>
6. Inflation, War Bonds, and the Rise of Republicans in the 1950s
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p7> By Gillian
Brunet
<http://econpapers.repec.org/scripts/search.pf?aus=Gillian%20Brunet>; Eric
Hilt <http://econpapers.repec.org/scripts/search.pf?aus=Eric%20Hilt>;
Matthew
S. Jaremski
<http://econpapers.repec.org/scripts/search.pf?aus=Matthew%20S.%20Jaremski>
7. Opposite ethical views converge under the threat of catastrophic
climate change
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p8> By Aurélie
Méjean
<http://econpapers.repec.org/scripts/search.pf?aus=Aur%C3%A9lie%20M%C3%A9jean>
; Antonin Pottier
<http://econpapers.repec.org/scripts/search.pf?aus=Antonin%20Pottier>;
Stéphane
Zuber
<http://econpapers.repec.org/scripts/search.pf?aus=St%C3%A9phane%20Zuber>
; Marc Fleurbaey
<http://econpapers.repec.org/scripts/search.pf?aus=Marc%20Fleurbaey>
8. Reformulating Human Security in a More-than-human World : Reflections
on the (Post-)Human Condition in the Anthropocene
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p9> By Hiroyuki
TOSA <http://econpapers.repec.org/scripts/search.pf?aus=Hiroyuki%20TOSA>
9. Setting the Compass for Eliminating World Poverty: The Department for
International Development 1997-2003
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p10> By Ranil
Dissanayake
<http://econpapers.repec.org/scripts/search.pf?aus=Ranil%20Dissanayake>;
Mark
Lowcock
<http://econpapers.repec.org/scripts/search.pf?aus=Mark%20Lowcock>
10. Why Did Labour Create the Department for International Development?
<https://mail.google.com/mail/u/0/#m_-2376363612744218708_p11> By Ranil
Dissanayake
<http://econpapers.repec.org/scripts/search.pf?aus=Ranil%20Dissanayake>;
Mark
Lowcock
<http://econpapers.repec.org/scripts/search.pf?aus=Mark%20Lowcock>
------------------------------
1. Econometric Causality: The Central Role of Thought Experiments
<http://econpapers.repec.org/RePEc:iza:izadps:dp16646>
By: Heckman, James J.
<http://econpapers.repec.org/scripts/search.pf?aus=Heckman,%20James%20J.>
(University
of Chicago); Pinto, Rodrigo
<http://econpapers.repec.org/scripts/search.pf?aus=Pinto,%20Rodrigo>
(University
of California, Los Angeles)
Abstract: This paper examines the econometric causal model and the
interpretation of empirical evidence based on thought experiments that was
developed by Ragnar Frisch and Trygve Haavelmo. We compare the econometric
causal model with two currently popular causal frameworks: the Neyman-Rubin
causal model and the Do-Calculus. The Neyman-Rubin causal model is based on
the language of potential outcomes and was largely developed by
statisticians. Instead of being based on thought experiments, it takes
statistical experiments as its foundation. The Do-Calculus, developed by
Judea Pearl and co-authors, relies on Directed Acyclic Graphs (DAGs) and is
a popular causal framework in computer science and applied mathematics. We
make the case that economists who uncritically use these frameworks often
discard the substantial benefits of the econometric causal model to the
detriment of more informative analyses. We illustrate the versatility and
capabilities of the econometric framework using causal models developed in
economics.
Keywords: causal inference, causality, structural equation models,
Directed Acyclic Graphs, simultaneous causality
JEL: C10 C18
<http://econpapers.repec.org/scripts/search.pf?jel=C10%20C18>
Date: 2023–12
URL: http://d.repec.org/n?u=RePEc:iza:izadps:dp16646&r=hpe
2. Une nouvelle perspective sur la prédation, le conflit, le capitalisme
et le changement institutionne (Une évaluation critique de l’école de
régulation), entretien de Mehrdad Vahabi avec Samuel Klebaner
<http://econpapers.repec.org/RePEc:pra:mprapa:119567>
By: Vahabi, Mehrdad
<http://econpapers.repec.org/scripts/search.pf?aus=Vahabi,%20Mehrdad>;
Klebaner,
Samuel
<http://econpapers.repec.org/scripts/search.pf?aus=Klebaner,%20Samuel>
Abstract: On the occasion of the release of his latest book (Vahabi
2023), Mehrdad Vahabi, a University Professor and director of CEPN,
reflects on several theoretical dimensions of his work during an interview.
Firstly, Mehrdad Vahabi revisits his definition of predation, explaining
how this concept forms the cornerstone of his theoretical framework.
Predation is not considered as a rational behavior but rather as a social
relationship, instituted through which several dimensions of power are
transmitted. Next, in contrast to the regulation theory, he puts forth a
critique of the State as a predatory institution. The State is not seen as
a neutral field or a mere instrument serving the dominant class, but rather
as an institution that, through its ability to levy taxes, establishes a
predatory relationship with its subjects. Importantly, his approach allows
for the assessment of the value of assets in the eyes of the State,
providing an interesting analytical framework to explain economic policy
choices. Thirdly, Mehrdad Vahabi develops the idea that the analysis of
institutional change should better account for conflict, with compromise
being a form of domination revealing the predatory nature of the State.
Finally, he discusses political capitalism and critiques socialism,
offering some ingredients for a society without predation that still needs
to be built in the current world.
Keywords: French Regulation school; predation, conflict, institutional
change, State, socialism, political capitalism
JEL: B52 P16
<http://econpapers.repec.org/scripts/search.pf?jel=B52%20P16>
Date: 2023–12–24
URL: http://d.repec.org/n?u=RePEc:pra:mprapa:119567&r=hpe
3. Conventional Wisdom, Meta-Analysis, and Research Revision in Economics
<http://econpapers.repec.org/RePEc:zbw:esprep:280745>
By: Gechert, Sebastian
<http://econpapers.repec.org/scripts/search.pf?aus=Gechert,%20Sebastian>
; Mey, Bianka
<http://econpapers.repec.org/scripts/search.pf?aus=Mey,%20Bianka>; Opatrny,
Matej
<http://econpapers.repec.org/scripts/search.pf?aus=Opatrny,%20Matej>;
Havranek,
Tomas
<http://econpapers.repec.org/scripts/search.pf?aus=Havranek,%20Tomas>;
Stanley,
T. D.
<http://econpapers.repec.org/scripts/search.pf?aus=Stanley,%20T.%20D.>; Bom,
Pedro R. D.
<http://econpapers.repec.org/scripts/search.pf?aus=Bom,%20Pedro%20R.%20D.>
; Doucouliagos, Hristos
<http://econpapers.repec.org/scripts/search.pf?aus=Doucouliagos,%20Hristos>
; Heimberger, Philipp
<http://econpapers.repec.org/scripts/search.pf?aus=Heimberger,%20Philipp>
; Irsova, Zuzana
<http://econpapers.repec.org/scripts/search.pf?aus=Irsova,%20Zuzana>;
Rachinger,
Heiko J.
<http://econpapers.repec.org/scripts/search.pf?aus=Rachinger,%20Heiko%20J.>
Abstract: Over the past several decades, meta-analysis has emerged as a
widely accepted tool to understand economics research. Meta-analyses often
challenge the established conventional wisdom of their respective fields.
We systematically review a wide range of influential meta-analyses in
economics and compare them to ‘conventional wisdom.’ After correcting for
observable biases, the empirical economic effects are typically much closer
to zero and sometimes switch signs. Typically, the relative reduction in
effect sizes is 45-60%.
Keywords: meta-analysis, systematic review, conventional wisdom
JEL: A14 B40 C10
<http://econpapers.repec.org/scripts/search.pf?jel=A14%20B40%20C10>
Date: 2023
URL: http://d.repec.org/n?u=RePEc:zbw:esprep:280745&r=hpe
4. Dissecting inequality: conceptual problems, trends and drivers
<http://econpapers.repec.org/RePEc:cns:cnscwp:202313>
By: A. Tidu <http://econpapers.repec.org/scripts/search.pf?aus=A.%20Tidu>
Abstract: Every social scientist knows that understanding inequality is
pivotal for understanding the dynamics that rule human society. Inequality
is at least as old as society, and some authors even argue that economics
itself originate from the inequalities in skills and needs that inevitably
lead to specialization, trade and surpluses. Despite its relevance, it is
nevertheless very hard to define inequality and – somehow paradoxically -
it might get even harder when one tries to restrict the focus to
subcomponents such as income or wealth inequality. And even when the income
or the wealth part of the equation is agreed upon, inequality still remains
conceptually problematic - what shall be perceived as equal? Do a few
really well-off (or extremely poor) outliers make a distribution more
inequal than a larger number of people quite above (and quite below) the
mean? Conceptual problems aside, a large amount of literature focuses on
inequality trends and drivers and falsifies commonly-held beliefs such as
the widespread myth that inequality is trending upwards. Some potential
drivers are highly controversial - notably globalization is seen by some
authors as stimulating a race to the bottom that ends up exacerbating
existing inequality, whereas others argue that it is beneficial for the
more disadvantaged. The goal of this review is to show how the conceptual
vagueness behind the word inequality calls for as much rigor as possible in
the study of its possible forms and notions and in the identification of
the best tools for its measurement. However, one should not be fooled by
associating such a vagueness with a lack of relevance of the concept and of
its implications - au contraire, we should feel compelled to investigate
the multitude of possible facets that the concept might assume and the
fittest options and instruments that statistics and mathematics provide for
their measurement - desirable policies could be radically different from
each other depending on the theory that one espouses, and they range from
the pursuit of resource redistribution to a mere acceptance of inequality
as either inevitable or desirable. Also, different metrics could suggest
different approaches, so one should carefully select the measures that will
help him understand and describe the type of inequality that he is
investigating.
Keywords: wealth;Poverty;Inequality;income
Date: 2023
URL: http://d.repec.org/n?u=RePEc:cns:cnscwp:202313&r=hpe
5. М.Я. Лемешев – основатель науки об экономике природопользования
<http://econpapers.repec.org/RePEc:pra:mprapa:119436>
By: Egorova, Natalia
<http://econpapers.repec.org/scripts/search.pf?aus=Egorova,%20Natalia>;
Kozerskaya,
Natalia
<http://econpapers.repec.org/scripts/search.pf?aus=Kozerskaya,%20Natalia>
Abstract: The article is dedicated to the memory of the outstanding
Russian scientist and social and political figure Mikhail Yakovlevich
Lemeshev, whose life and work were dedicated to serving science and the
people. The work highlights the scientific activity of M. Ya. Lemeshev as
an outstanding world-class economist who laid the fundamental theoretical
foundations of environmental economics and the development of the human
community in harmony with the environment.
Keywords: Economy of environmental management, ecological habitat,
ecological-economic social metasystem
JEL: J18 Q57
<http://econpapers.repec.org/scripts/search.pf?jel=J18%20Q57>
Date: 2023–04–01
URL: http://d.repec.org/n?u=RePEc:pra:mprapa:119436&r=hpe
6. Inflation, War Bonds, and the Rise of Republicans in the 1950s
<http://econpapers.repec.org/RePEc:nbr:nberwo:31969>
By: Gillian Brunet
<http://econpapers.repec.org/scripts/search.pf?aus=Gillian%20Brunet>; Eric
Hilt <http://econpapers.repec.org/scripts/search.pf?aus=Eric%20Hilt>;
Matthew
S. Jaremski
<http://econpapers.repec.org/scripts/search.pf?aus=Matthew%20S.%20Jaremski>
Abstract: We study the role of war bonds and inflation in the
presidential elections of the 1950s. During World War II, the federal
government conducted aggressive campaigns to convince Americans to invest
their savings in wartime savings bonds. Although the bonds were
nonnegotiable and protected from interest rate fluctuations, two major
inflationary episodes after the war, in 1946-48 and 1950-51, eroded the
real value of their returns, contributing to a political backlash against
the incumbent Democrats. In a difference-in-differences framework, we find
that counties with higher war bond purchases shifted their votes towards
the Republican party in the postwar elections, relative to the elections of
the late 1930s and early 1940s. To address concerns related to the
endogeneity of war bond purchases, we instrument for WWII bond
subscriptions using participation rates from the World War I liberty bonds,
and find similar results. Our results indicate that the promotion of
savings bonds made Americans more sensitive to the high inflation that
prevailed after the war, contributing to Republicans’ victories in the
1950s.
JEL: E20 E31 H6 N1 N22 N42
<http://econpapers.repec.org/scripts/search.pf?jel=E20%20E31%20H6%20N1%20N22%20N42>
Date: 2023–12
URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:31969&r=hpe
7. Opposite ethical views converge under the threat of catastrophic
climate change
<http://econpapers.repec.org/RePEc:hal:cesptp:halshs-04158009>
By: Aurélie Méjean
<http://econpapers.repec.org/scripts/search.pf?aus=Aur%C3%A9lie%20M%C3%A9jean>
(CIRED
- Centre International de Recherche sur l'Environnement et le Développement
- Cirad - Centre de Coopération Internationale en Recherche Agronomique
pour le Développement - EHESS - École des hautes études en sciences
sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université
Paris-Saclay - CNRS - Centre National de la Recherche Scientifique); Antonin
Pottier
<http://econpapers.repec.org/scripts/search.pf?aus=Antonin%20Pottier> (CIRED
- Centre International de Recherche sur l'Environnement et le Développement
- Cirad - Centre de Coopération Internationale en Recherche Agronomique
pour le Développement - EHESS - École des hautes études en sciences
sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université
Paris-Saclay - CNRS - Centre National de la Recherche Scientifique, CMB -
Centre Marc Bloch - MEAE - Ministère de l'Europe et des Affaires étrangères
- Bundesministerium für Bildung und Forschung - M.E.N.E.S.R. - Ministère de
l'Education nationale, de l’Enseignement supérieur et de la Recherche -
CNRS - Centre National de la Recherche Scientifique); Stéphane Zuber
<http://econpapers.repec.org/scripts/search.pf?aus=St%C3%A9phane%20Zuber>
(PSE
- Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne -
ENS-PSL - École normale supérieure - Paris - PSL - Université Paris
sciences et lettres - EHESS - École des hautes études en sciences sociales
- ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche
Scientifique - INRAE - Institut National de Recherche pour l’Agriculture,
l’Alimentation et l’Environnement, CES - Centre d'économie de la Sorbonne -
UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la
Recherche Scientifique); Marc Fleurbaey
<http://econpapers.repec.org/scripts/search.pf?aus=Marc%20Fleurbaey> (PSE
- Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne -
ENS-PSL - École normale supérieure - Paris - PSL - Université Paris
sciences et lettres - EHESS - École des hautes études en sciences sociales
- ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche
Scientifique - INRAE - Institut National de Recherche pour l’Agriculture,
l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences
Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École
normale supérieure - Paris - PSL - Université Paris sciences et lettres -
EHESS - École des hautes études en sciences sociales - ENPC - École des
Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique -
INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation
et l’Environnement)
Abstract: Climate policy is often described by economists as an
intertemporal consumption trade-off: consume all you want today and face
climate damages in the future, or sacrifice consumption today to implement
costly climate policies that will bring future benefits through avoided
climate damages. If one assumes enduring technological progress, a society
that is more averse to intertemporal inequalities should postpone climate
policies and let future, richer generations pay more. Growing evidence
however suggests that the trade-off is more complex: abrupt, extreme,
irreversible changes to the climate may cause discontinuities to
socio-economic systems, possibly leading to a sharp decline of human
population and consumption per capita. In this paper, we show that, when
accounting for a very small risk of catastrophic climate change, it is
optimal to pursue stringent climate policies to postpone the catastrophe.
Our results conform with the well-known conclusion that tight carbon
budgets are preferred when aversion towards inequalities between
generations is low. However, by contrast with previous studies, we show
that stringent policies are also optimal when inequality aversion is high.
The non-monotonicity of the influence of inequality aversion is due to the
fact that, for a given investment in abatement, a higher inequality
aversion gives a smaller weight to avoided future non-catastrophic damages,
but a larger weight to the catastrophic outcome. We also explore the role
of population ethics, and show that the size of the optimal carbon budget
decreases with the social preference for large populations, although this
parameter plays almost no role at extreme levels of inequality aversion.
Our result demonstrates that views from opposite sides of the ethical
spectrum in terms of inequality aversion converge in terms of climate
policy recommendations, warranting immediate climate action.
Keywords: Climate change, Catastrophic risk, Equity Population,
Climate-economy model
Date: 2023
URL: http://d.repec.org/n?u=RePEc:hal:cesptp:halshs-04158009&r=hpe
8. Reformulating Human Security in a More-than-human World : Reflections
on the (Post-)Human Condition in the Anthropocene
<http://econpapers.repec.org/RePEc:kcs:wpaper:41>
By: Hiroyuki TOSA
<http://econpapers.repec.org/scripts/search.pf?aus=Hiroyuki%20TOSA>
(Graduate
School of International Cooperation Studies, Kobe University)
Abstract: For purposes of examining how to reformulate human security in
the age of planetary crisis, this article is divided into eight sections.
Following the introduction (section 1) describing the notion of
Anthropocene, section 2 reviews recent revival of deep ecological thought:
non-human turn in the context of Anthropocene. Section 3 discusses
non-anthropocentrism and its limits by focusing on tacit anthropomorphism
and introduces the concept of weak anthropocentrism. While going beyond
simple deconstruction of nature/culture dichotomy, section 4 examines
intertwined relations between ecological imbalance and social imbalance in
the Patriarchal Capitalocene and section 5 examines racism: neuro-political
fragmentation in Plantationocene. Section 6 introduces care-sensitive
ethics for alleviating planetary crisis and the next section scrutinizes
the implications of a crisis of care by looking at the way in which
neoliberal capitalism guzzles care work from social reproductive sphere as
well as extract wealth from natural sphere to sustain its accumulation. A
final section: conclusion suggests the possibility of an ideal of total
liberation framework for enhancing our practical capabilities to achieve
the solidarity in a more-than-human world.
Keywords: human security, posthuman, more-than-human, Anthropocene,
Plantationocene, total liberation framework
Date: 2023–12
URL: http://d.repec.org/n?u=RePEc:kcs:wpaper:41&r=hpe
9. Setting the Compass for Eliminating World Poverty: The Department for
International Development 1997-2003
<http://econpapers.repec.org/RePEc:cgd:ppaper:310>
By: Ranil Dissanayake
<http://econpapers.repec.org/scripts/search.pf?aus=Ranil%20Dissanayake>
(Center
for Global Development); Mark Lowcock
<http://econpapers.repec.org/scripts/search.pf?aus=Mark%20Lowcock> (Center
for Global Development)
Abstract: Created in 1997, the UK’s Department for International
Development (DFID) had by 2003 become one of the world’s most influential
organisations in international development. This paper explains how that
was brought about through the combination of effective political
leadership, wider government backing, the setting and retention of clear
objectives behind which growing resources were rigorously deployed, the
employment of large numbers of capable and motivated staff, and the
effective use of analysis and evidence in advocacy and partnerships with
others. This period was one in which the conditions were favourable for
global development, and while not all of DFID’s efforts to promote
international development were successful, much progress was made. DFID’s
overall contribution to improving the living conditions and life
experiences of people in many of the world’s poorest countries in these
years cannot be quantified, but it is likely to have been significant.
Date: 2023–10–24
URL: http://d.repec.org/n?u=RePEc:cgd:ppaper:310&r=hpe
10. Why Did Labour Create the Department for International Development?
<http://econpapers.repec.org/RePEc:cgd:ppaper:297>
By: Ranil Dissanayake
<http://econpapers.repec.org/scripts/search.pf?aus=Ranil%20Dissanayake>
(Center
for Global Development); Mark Lowcock
<http://econpapers.repec.org/scripts/search.pf?aus=Mark%20Lowcock> (Center
for Global Development)
Abstract: This is the first in a series of papers drawing on original
interviews, data, and secondary sources to examine how the UK’s Department
for International Development (DFID) was born, functioned both
internationally and domestically, and was in 2020 merged with the
diplomatic service to form the Foreign, Commonwealth and Development Office
(FCDO). By examining this history, we aim to illuminate the UK’s
contribution to international development over the last quarter century,
and to draw out lessons for other bilateral donors, and the global aid and
development architecture more generally.
Date: 2023–06–19
URL: http://d.repec.org/n?u=RePEc:cgd:ppaper:297&r=hpe
------------------------------
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