Writer's Inc (General Vocabulary) Flashcards
summerhouse
A building or shelter used for relaxation in warm weather. This would often take the form of a small, roofed building on the grounds of a larger one, but could also be built in a garden or park; it is often designed to provide cool shady places of relaxation or retreat from the summer heat.
pavilion
a summerhouse or other decorative building used as a shelter in a park or large garden
confer
- to compare views or take counsel
- to bestow from or as if from a position of superiority
- to give (something, such as a property or characteristic) to someone or something
predistribution
the idea that the state should try to prevent inequalities occurring in the first place rather than ameliorating them via tax and benefits once they have occurred, as occurs under redistribution
ameliorate
(1) to make better or more tolerable
(2) to grow better
path dependence
A phenomenon whereby history matters; what has occurred in the past persists because of resistance to change. It is when the decisions presented to people are dependent on previous decisions or experiences made in the past.
lavish
- expending or bestowing profusely: PRODIGAL (wasteful)
- expended or produced in abundance
- marked by profusion or excess
streamline
- to bring up to date
- to organize
- to make simpler or more efficient
prosaic
- characteristic of prose as distinguished from poetry: FACTUAL
- DULL, UNIMAGINATIVE
- EVERYDAY, ORDINARY
cordial
- showing or marked by warm and often hearty friendliness, favor, or approval
- sincerely or deeply felt
- tending to revive, cheer, or invigorate
hearty
- giving unqualified support (e.g. hearty endorsement)
- enthusiastically or exuberantly cordial: JOVIAL
- expressed unrestrainedly (e.g. a hearty welcome)
- exhibiting vigorous good health
- having a good appetite
6: abundant, rich, or flavorful enough to satisfy the appetite
7: VIGOROUS, VEHEMENT (e.g. a hearty pull)
vehement
- marked by forceful energy: POWERFUL
- intensely emotional
- deeply felt
- forcibly expressed
- bitterly antagonistic
exuberant
- joyously unrestrained and enthusiastic
- unrestrained or elaborate especially in style
- produced in extreme abundance
- extreme or excessive in degree, size, or extent
flamboyant
- marked by or given to strikingly elaborate or colorful display or behavior
- often capitalized: characterized by waving curves suggesting flames
ephemeral
lasting a very short time
lasting one day only
disputatious
- inclined to dispute
- marked by disputation
- provoking debate: CONTROVERSIAL
disputation
- the action of disputing: verbal controversy
2. an academic exercise in oral defense of a thesis by formal logic
comparative advantage
A person has a comparative advantage at producing something if he can produce it at lower cost than anyone else. Having a comparative advantage is not the same as being the best at something.
prospective
- relating to or effective in the future
- likely to come about: EXPECTED
- likely to be or become
groundwork
foundation, basis
preparation made beforehand
grimace
a facial expression usually of disgust, disapproval, or pain
precursor
- one that precedes and indicates the approach of another
- predecessor
- a substance, cell, or cellular component from which another substance, cell, or cellular component is formed
inset
perpetuity
a state of continuing forever or for a very long time
inset
- a place where something flows in: CHANNEL
- a setting or flowing in
- a small graphic representation (such as a map or picture) set within a larger one
- a piece of cloth set into a garment (as for decoration)
- a part or section of a utensil that fits into an outer part
- to set in something
information asymmetry
In contract theory and economics, information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other. This asymmetry creates an imbalance of power in transactions, which can sometimes cause the transactions to be inefficient causing market failure in the worst case.
Pareto efficiency
also called Pareto optimality
an economic state where resources cannot be reallocated to make one individual better off without making at least one individual worse off. Pareto efficiency implies that resources are allocated in the most economically efficient manner, but does not imply equality or fairness. An economy is said to be in a Pareto optimum state when no economic changes can make one individual better off without making at least one other individual worse off.
market failure
A situation in which the allocation of goods and services by a free market is not Pareto efficient, often leading to a net loss of economic value. Market failures can be viewed as scenarios where individuals’ pursuit of pure self-interest leads to results that are not efficient– that can be improved upon from the societal point of view.
principal-agent problem
In political science, supply chain management and economics (also known as agency dilemma or the agency problem) occurs when one person or entity (the “agent”), is able to make decisions and/or take actions on behalf of, or that impact, another person or entity: the “principal”.
This dilemma exists in circumstances where agents are motivated to act in their own best interests, which are contrary to those of their principals, and is an example of moral hazard.
moral hazard
In economics, moral hazard occurs when an entity has an incentive to increase its exposure to risk because it does not bear the full costs of that risk. For example, when a corporation is insured, it may take on higher risk knowing that its insurance will pay the associated costs. A moral hazard may occur where the actions of the risk-taking party change to the detriment of the cost-bearing party after a financial transaction has taken place.
adverse selection
In economics, insurance, and risk management, adverse selection is a market situation where buyers and sellers have different information. The result is that participants with key information might participate selectively in trades at the expense of other parties who do not have the same information.
In an ideal world, buyers should pay a price proportionate to their willingness to pay, and sellers should sell at a price proportionate to the quality of their goods and services. For example, a poor quality product should be inexpensive and a high quality product should have a high price. However, when one party holds information that the other party does not have, they would make rational decisions to misbehave in the contract, inevitably causing the other party to suffer.
Misbehaving can take many forms, like lying, hiding truths, or plainly attempting to maximize self-utility. This process of taking advantage in an economic contract or trade by possessing hidden information is known as adverse selection.
monopolies of knowledge
a situation that arises when the ruling class maintains political power through control of key communications technologies
An example is given of ancient Egypt, where a complex writing system conferred a monopoly of knowledge on literate priests and scribes. Mastering the art of writing and reading required long periods of apprenticeship and instruction, confining knowledge to this powerful class.
It is suggested that monopolies of knowledge gradually suppress new ways of thinking. Entrenched hierarchies become increasingly rigid and out of touch with social realities. Challenges to elite power are often likely to arise on the margins of society. The arts, for example, are often seen as a means of escape from the sterility of conformist thought.
cajole
- to persuade with flattery or gentle urging especially in the face of reluctance: COAX
- to obtain from someone by gentle persuasion
- to deceive with soothing words or false promises
coax
- to influence or gently urge by caressing or flattering
- to draw, gain, or persuade by means of gentle urging or flattery
- to manipulate with great perseverance and usually with considerable effort toward a desired state or activity
wheedle, wheedling
- to influence or entice by soft words or flattery
2. to gain or get by wheedling (definition 1)
caress
- to treat with tokens of fondness, affection, or kindness: CHERISH
- to touch or stroke lightly in a loving or endearing manner
deft
showing cleverness and skill in handling things
Monte Vista
name analysis
Monte Vista is the name of a manufactured home community nearby.
Monte = Latin: mont-, mons (mountain) Vista = 1. a large and beautiful view of an area of land or water Vista = 2. a large number of things that may be possible in the future
In this case it’s obvious. Monte Vista = mountain view
manufactured homes vs modular homes vs mobile homes
Manufactured homes are completely constructed in a factory and then transported to the home site. Once they arrive at their destinations, they are indistinguishable from site-built homes. They are not usually moved again. This allows the entire process, start to finish, to be overseen with consistency and accuracy, which cuts down on many of the delays and disruptions in traditionally built homes. They are built according to federal construction codes from Housing and Urban Development (HUD).
Modular homes are also built in factories, but are governed by local state building codes (although sometimes states will adopt the federal code). Modular homes are either built on a permanent chassis or on a temporary one. Homes built on a permanent chassis are referred to as being “on-frame” and those built on temporary ones are referred to as “off-frame.” Whether a home is built on- or off-frame will affect how the home is assembled at its destination site.
Mobile homes are any manufactured home built prior to June 15, 1976. They are now obsolete due to HUD policy changes in 1976. They have since been replaced by modern manufactured homes.
snarky
critical or mocking in an indirect or sarcastic way
bad-tempered or irritable