Download or read book The Great Economic Train Wreck written by Kevin H. Clark and published by Advantage Media Group. This book was released on 2011-10-12 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: We tend to think of dominos as standing the tiles on end and then tipping the first one over, toppling into the second, which falls into the third until finally all the dominoes have fallen. In 2008 the first of many financial dominos began falling. Many were worried and looked to Washington for leadership. Instead, we saw only politics-as-usual. But as 2009 and 2010 unfolded, it became too benign to suggest our stricken economy was simply toppled dominos. It was more accurate to describe our condition as an economic "train wreck." The financial chaos as a result of the crisis was heightened by an extraordinary government intervention to triage the shattered economy. Many feared, with justification, that we may be teetering on the brink of this generation's Great Depression. The near-death experience the U.S. economy has suffered forced Americans to turn inward and question our leaders. Our worries have multiplied. Our free market system and ultimately the "American Dream" itself now seem more vulnerable than ever. More importantly, we doubt ourselves and our leaders and long for our life-before. This is a book that chronicles the unfolding disaster of our nation's financial "train wreck." For two crucial years, Kevin Clark had broadcast financial analysis that became a play-by-play of the economic collapse. Now, with hindsight, he revisits recent history and brings what he calls a "Main Street" perspective of this most critical moment in the modern life of America.
Download or read book The Economics of Railroad Safety written by Ian Savage and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American public has a fascination with railroad wrecks that goes back a long way. One hundred years ago, staged railroad accidents were popular events. At the Iowa State fair in 1896, 89,000 people paid $20 each, at current prices, to see two trains, throttles wide open, collide with each other. "Head-on Joe" Connolly made a business out of "cornfield meets" holding seventy-three events in thirty-six years. Picture books of train wrecks do good business presumably because a train wreck can guarantee a spectacular destruction of property without the messy loss of life associated with aircraft accidents. A "train wreck" has also entered the popular vocabulary in a most unusual way. When political manoeuvering leads to failure to pass the federal budget, and a shutdown is likely of government services, this is widely called a "train wreck. " In business and team sports, bumbling and lack of coordination leading to a spectacular and public failure to perform is also called "causing a train wreck. " A person or organization who is disorganized may be labelled a "train wreck. " It is therefore not surprising that the public perception of the safety of railroads centers on images of twisted metal and burning tank cars, and a general feeling that these events occur quite often. After a series of railroad accidents, such as occurred in the winter of 1996 or the summer of 1997, there are inevitable calls that government "should do something.
Download or read book The Angola Horror written by Charity Vogel and published by Cornell University Press. This book was released on 2013-08-15 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 18, 1867, the Buffalo and Erie Railroad’s eastbound New York Express derailed as it approached the high truss bridge over Big Sister Creek, just east of the small settlement of Angola, New York, on the shores of Lake Erie. The last two cars of the express train were pitched completely off the tracks and plummeted into the creek bed below. When they struck bottom, one of the wrecked cars was immediately engulfed in flames as the heating stoves in the coach spilled out coals and ignited its wooden timbers. The other car was badly smashed. About fifty people died at the bottom of the gorge or shortly thereafter, and dozens more were injured. Rescuers from the small rural community responded with haste, but there was almost nothing they could do but listen to the cries of the dying—and carry away the dead and injured thrown clear of the fiery wreck. The next day and in the weeks that followed, newspapers across the country carried news of the "Angola Horror," one of the deadliest railway accidents to that point in U.S. history. In a dramatic historical narrative, Charity Vogel tells the gripping, true-to-life story of the wreck and the characters involved in the tragic accident. Her tale weaves together the stories of the people—some unknown; others soon to be famous—caught up in the disaster, the facts of the New York Express’s fateful run, the fiery scenes in the creek ravine, and the subsequent legal, legislative, and journalistic search for answers to the question: what had happened at Angola, and why? The Angola Horror is a classic story of disaster and its aftermath, in which events coincide to produce horrific consequences and people are forced to respond to experiences that test the limits of their endurance. Vogel sets the Angola Horror against a broader context of the developing technology of railroads, the culture of the nation’s print media, the public policy legislation of the post–Civil War era, and, finally, the culture of death and mourning in the Victorian period. The Angola Horror sheds light on the psyche of the American nation. The fatal wreck of an express train nine years later, during a similar bridge crossing in Ashtabula, Ohio, serves as a chilling coda to the story.
Download or read book The Great Crash of 1929 written by A. Kabiri and published by Springer. This book was released on 2014-11-25 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the American stock market boom and bust of the 1920s is vital for formulating policies to combat the potentially deleterious effects of busts on the economy. Using new data, Kabiri explains what led to the 1920s stock market boom and 1929 crash and looks at whether 1929 was a bubble or not and whether it could have been anticipated.
Download or read book A Rabble of Dead Money written by Charles R. Morris and published by . This book was released on 2017 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Crash of 1929 profoundly disrupted the United States' confident march toward becoming the world's superpower. The breakneck growth of 1920s America-with its boom in automobiles, electricity, credit lines, radio, and movies-certainly presaged a serious recession by the decade's end, but not a depression. The totality of the collapse shocked the nation, and its duration scarred generations to come. In this lucid and fast-paced account of the cataclysm, award-winning writer Charles R. Morris pulls together the intricate threads of policy, ideology, international hatreds, and sheer individual cantankerousness that finally pushed the world economy over the brink and into a depression. While Morris anchors his narrative in the United States, he also fully investigates the poisonous political atmosphere of postwar Europe to reveal how treacherous the environment of the global economy was. It took heroic financial mismanagement, a glut-induced global collapse in agricultural prices, and a self-inflicted crash in world trade to cause the Great Depression. Deeply researched and vividly told, A Rabble of Dead Money anatomizes history's greatest economic catastrophe-while noting the uncanny echoes for the present.
Download or read book The Great Crash written by Selwyn Parker and published by Piatkus Books. This book was released on 2022-01-25 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the story of the financial cataclysm that started with the Wall Street stock market crash of 1929, and set in motion a series of economic, political and social events that affected many millions of people in America, Britain, Europe and Australia. The Crash rolled across the world like a tidal wave, toppling governments, spreading the wave of dictatorships in Italy and Germany, infecting entire industries and plunging millions into unemployment and poverty. By the time it began to lift in 1935, the lives of people in scores of countries had changed forever. Selwyn Parker's book also poses the question: could it happen again?
Download or read book Trainwreck written by Bill Press and published by John Wiley & Sons. This book was released on 2008-03-31 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: A news commentator explains how the conservative movement went awry and traces its rise and fall from Robert Taft and Ronald Reagan to George W. Bush, looking at the budget deficits, spending overruns, and corruption that has resulted from its missteps.
Download or read book The Wreck of the Penn Central written by Joseph R. Daughen and published by Beard Books. This book was released on 1999 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: It took ten years of laborious planning and exhaustive negotiations to create the mammoth Penn Central Railroad, the largest railroad in United States history. When the leviathan was finally born of a merger between the Pennsylvania and New York Central Railroads on February 1, 1968, the event was hailed as a great day for railroading. But the baby giant survived only 367 days. The crash of the Penn Central set a new record, this time for the largest bankruptcy the United States had ever seen. "The Wreck of the Penn Central" provides a close-up view of the events that brought the Big Train to bankruptcy court--over-regulation, subsidized competition, big labor featherbedding, greed, corporate back-stabbing, stunning incompetence, and, yes, even a little sex.
Download or read book International Relations as Negotiation written by Brian R Urlacher and published by Routledge. This book was released on 2015-12-03 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Negotiations are central to the operation of the international system, found at the heart of every conflict and every act of cooperation. Negotiation is the primary vehicle that states use to manage conflict and build prosperity in a complicated and dangerous international system. International Relations as Negotiation provides an overview of world politics that is both approachable and detailed. It explores the factors that help or undermine efforts to negotiate solutions to international problems. Key topics including international conflict and security, the global economy, international law and governance, and environmental sustainability are explored in turn. The history of the international system is traced through major treaty agreements and peace conferences, and the future of the international system is projected. The result is a survey of world politics that provides a seamless narrative about conflict and cooperation in the international system.
Download or read book Studies in Economics and Policy Making written by William T. Bagatelas and published by Verlag Barbara Budrich. This book was released on 2010-10-28 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a broader, more courageous interpretation of economic thinking and associated tasks of policy making. The reader will go far beyond traditional boundaries of economic thought and practice. While conceptualizing in broader manner, the fundamentals of economic and managerial thought in the context of today’s transformation process, it offers a genuine account regarding the pace of adaptation and change, in the wake of globalization’s latest phase. It asserts that knowledge management has become an essential component beyond previous assumptions, while complimenting and enhancing larger achievements at domestic and international levels. Increasingly, necessary managerial skill levels and ability, including enhanced leadership skills, effective communication, and capacities for knowledge mobilization, while enhancing ethical outcomes, help lead societies towards greater success amidst greater uncertainty.
Download or read book Never Let a Serious Crisis Go to Waste written by Philip Mirowski and published by Verso Books. This book was released on 2014-04-15 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. Yet in the harsh light of a new day, attacks against government intervention and the global drive for austerity are as strong as ever. Never Let a Serious Crisis Go to Waste is the definitive account of the wreckage of what passes for economic thought, and how neoliberal ideas were used to solve the very crisis they had created. Now updated with a new afterword, Philip Mirowski’s sharp and witty work provides a roadmap for those looking to escape today’s misguided economic dogma.
Download or read book Environmental Policy and NEPA written by E. Ray Clark and published by CRC Press. This book was released on 1997-06-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental Policy and NEPA is a concise study of environmental policy-where we have come from, what we are facing and where we can go in the future. An outgrowth of initiatives taken by the Council of Environmental Quality (CEQ), and edited by the current Associate Director, this publication studies the effectiveness and efficiency of the implementation of the National Environmental Policy Act (NEPA). Divided into three main sections, part one covers the historical background and trends of NEPA. Part two addresses current substantive and conceptual issues associated with the environmental impact assessment (EIA) process. Part three discusses future opportunities including impact on humans, effective public participation in the EIA process and the need for sustainability. This excellent reference brings together 28 contributing authors who combine their expertise to address a multitude of topics. Environmental Policy and NEPA is mandatory reading for the professional, researcher, government policymaker, activist, student or anyone looking for a complete presentation of the EIA process.
Download or read book Proposed Constitutional Amendments to Balance the Federal Budget written by and published by . This book was released on 1994 with total page 2130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Balanced Budget Amendment written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1992 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Industrial Organization in Context written by Stephen Martin and published by Oxford University Press, USA. This book was released on 2010-04-22 with total page 1021 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial Organization in Context examines the economics of markets, industries and their participants and public policy towards these entities. It takes an international approach and incorporates discussion of experimental tests of economic models.
Download or read book Economic Management in a Volatile Environment written by Ramkishen S. Rajan and published by Springer. This book was released on 2014-12-15 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses some of the challenges relating to macroeconomic and financial management in a volatile and uncertain world brought about by greater financial openness. It explores the implications of a key set of issues emanating from financial globalisation on emerging market economies in a rigorous but readable manner.
Download or read book An Analysis of Charles P Kindleberger s Manias Panics and Crashes written by Nicholas Burton and published by CRC Press. This book was released on 2017-07-05 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps the most peculiar feature of a financial bubble – one that Charles Kindleberger's classic work Manias, Panics and Crashes draws particular attention to – is the inability of those trapped inside it to grasp the seriousness of their predicament. They know in principle that bubbles exist, and they know that the financial crashes that result from them are capable of destroying individuals' wealth and entire economies. Yet whenever and wherever a bubble begins to form, we're told that this time things are different, that there are sound reasons to continue to invest and to presume that prices will continue to rise steadily forever. Kindleberger's achievement is to use the critical thinking skill of evaluation to examine this strange mindset and the arguments advanced in support of it. He harshly judges the acceptability of the reasons used to create such arguments, and highlights the issues of relevance and adequacy that give us every reason to doubt them. Kindleberger also uses his powers of reasoning to effect an unusual achievement – writing a work soundly rooted in economics that nonetheless engages and convinces a non-specialist audience of the correctness of his arguments.
