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 Mass Production the Stock Market Crash and the Great Depression written by Bernard C. Beaudreau and published by Greenwood. This book was released on 1996-10-21 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists and historians have viewed the events of the 1920s, the stock market boom and crash, the Great Depression and the New Deal, as largely independent events. This work provides an integrated view of this important period arguing that all of these events were the result of the electrification of U.S. industry from 1910 to 1926. The author goes from electrification through the stock market boom to the tariffs of the late 20s to the stock market crash and depression followed by the National Industrial Recovery Act in 1933. The conclusion is that the NIRA is an attempt to correct the imbalance between production and consumption caused by industrial electrification.
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 Sady Doyle and published by Melville House. This book was released on 2017-08-29 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Smart ... compelling ... persuasive .” —New York Times Book Review She’s everywhere once you start looking: the trainwreck. She’s Britney Spears shaving her head, Whitney Houston saying “crack is whack,” and Amy Winehouse, dying in front of millions. But the trainwreck is also as old (and as meaningful) as feminism itself. From Mary Wollstonecraft—who, for decades after her death, was more famous for her illegitimate child and suicide attempts than for A Vindication of the Rights of Woman—to Charlotte Brontë, Billie Holiday, Sylvia Plath, and even Hillary Clinton, Sady Doyle’s Trainwreck dissects a centuries-old phenomenon and asks what it means now, in a time when we have unprecedented access to celebrities and civilians alike, and when women are pushing harder than ever against the boundaries of what it means to “behave.” Where did these women come from? What are their crimes? And what does it mean for the rest of us? For an age when any form of self-expression can be the one that ends you, Doyle’s book is as fierce and intelligent as it is funny and compassionate—an essential, timely, feminist anatomy of the female trainwreck.
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 The Great Depression in the United States Economy written by Enkai Zhang and published by . This book was released on 2015-03-17 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2015 in the subject Business economics - Economic and Social History, course: Economy Development, language: English, abstract: The Great Depression was the worst economic epidemic in the 20th century and the worst in the United States of America. The global economic downturn that began in 1929 as a cause of the crash of the stock market lasted until 1939 took a long duration and caused a serious depression which was experienced by many countries. Its origin was the United States of America, leading to deflation in the prices of commodities, dropping of demand in credit, disruption of trade that resulted in unemployment and poverty.
Download or read book SuperFreakonomics LP written by Steven D. Levitt and published by Harper Collins. This book was released on 2009-11-10 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Freakonomics was a worldwide sensation, selling more than four million copies. Now Steven D. Levitt and Stephen J. Dubner return with SuperFreakonomics, and fans and newcomers alike will find that this freakquel is even bolder, funnier, and more surprising than the first. SuperFreakonomics challenges the way we think all over again, with such questions as: How is a street prostitute like a department-store Santa? What's the best way to catch a terrorist? What do hurricanes, heart attacks, and highway deaths have in common? Are people hardwired for altruism or selfishness? Can eating kangaroo save the planet? Levitt and Dubner mix smart thinking and great storytelling like no one else, whether investigating a solution to global warming or explaining why the price of oral sex has fallen so drastically.
Download or read book How an Economy Grows and Why It Crashes written by Peter D. Schiff and published by John Wiley & Sons. This book was released on 2013-11-14 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Straight answers to every question you've ever had about how the economy works and how it affects your life In this Collector's Edition of their celebrated How an Economy Grows and Why It Crashes, Peter Schiff, economic expert and bestselling author of Crash Proof and The Real Crash, once again teams up with his brother Andrew to spin a lively economic fable that untangles many of the fallacies preventing people from really understanding what drives an economy. The 2010 original has been described as a “Flintstones” take economics that entertainingly explains the beauty of free markets. The new edition has been greatly expanded in both quantity and quality. A new introduction and two new illustrated chapters bring the story up to date, and most importantly, the book makes the jump from black and white to full and vivid color. With the help of colorful cartoon illustrations, lively humor, and deceptively simple storytelling, the Schiff's bring the complex subjects of inflation, monetary policy, recession, and other important topics in economics down to Earth. The story starts with three guys on an island who barely survive by fishing barehanded. Then one enterprising islander invents a net, catches more fish, and changes the island’s economy fundamentally. Using this story the Schiffs apply their signature take-no-prisoners logic to expose the glaring fallacies and gaping holes permeating the global economic conversation. The Collector’s Edition: Provides straight answers about how economies work, without relying on nonsensical jargon and mind-numbing doublespeak the experts use to cover up their confusion Includes a new introduction that sets the stage for developing a deeper, more practical understanding of inflation and the abuses of the monetary system Adds two new chapters that dissect the Federal Reserve’s Quantitative easing policies and the European Debt Crisis. Colorizes the original book's hundreds of cartoon illustrations. The improved images, executed by artist Brendan Leach from the original book, add new vigor to the presentation Has a larger format that has been designed to fit most coffee tables. While the story may appear simple on the surface, as told by the Schiff brothers, it will leave you with a deep understanding of How an Economy Grows and Why It Crashes.
Download or read book The Day the Whistles Cried written by Betsy Thorpe and published by Ideas Into Books Westview. This book was released on 2014 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: People are drawn to legendary disaster stories such as that of the Titanic, seeking hope and heroism among the wreckage. The Day The Whistles Cried is a true disaster tale, filled with real people and their lives. Reading about America's worst train wreck is opening a window into Time. Two steam locomotives collide head-on in a cornfield at the edge of Nashville on July 9, 1918, taking the lives of more than a hundred people and injuring at least 300 others. This tragic tale, set against a backdrop of wartime urgency and human error, unfolds in the midst of the racial and societal divisions of the early twentieth century. Segregation and cultural mores helped decide who would perish and who would survive this cataclysmic event, resulting in a book that is more than fact: a riveting story of decided historical impact. The Day the Whistles Cried reveals the railroad system in action in its heyday. Romance and adventure, systems and rules, architecture and machinery. Its sub-culture was intrinsic to America's economy and people.
Download or read book The Anatomy of Dependence written by Takeo Doi and published by . This book was released on 1980 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 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.
