War brought the Alaska highway, new and improved airfields, new ports, and many new communities and structures which are still in use today.The Roosevelt administration was responsible for finally beginning construction of the road linking the territory to the rest of North America. It was seen...
The world economy depends upon a growing bubble of debt. It also depends on an ever-increasing supply of goods and services. In fact, the two are closely interrelated. As long as a growing supply of low-priced energy of the types used by built infrastructure is available, the economy tend...
What were some of the factors that enabled Britain to undergo a capitalist revolution and become the world's leading industrial economy by 1850? What are the effects of expansionary fiscal policy on the economy? What measures did Britain take ...
Chairman Bernanke, I will help serve America. I have seen what you tried to do on research for offset fiscal policy. It took me a bit of time to realize you were someone that loved America. The Central Bank model can evolve, this is what Alan Greenspan was trying to describe as "The ...
European economic integration after WW2 and the Monetary Committee of the Zone Franc: focusing on "Europeanization of the zone franc" The financial crisis of 2007鈥 8 has caused the melting down of the financial markets over the world. Globalization, jointly with increased interconnectedne... 藤田...
But the effects of mounting debt reach beyond buying a home. The Fed study found that higher debt burdens negatively impact borrower’s credit scores – which can not only affect their ability to obtain a mortgage, but nearly all other types of credit as well. The Fed concluded that the be...
rule and that regulation. It will eventually become clear to everyone that the country is crumbling, by then it will probably be too late. And the solutions offered may be worse than the disease. Keep one bag packed, my friends. It's very close to Twilight of the Gods time for America...
(It should be noted that this phrase is also used in the context of debates over free trade and over the effects of macroeconomic expansion. While it generally implies that we should focus on expanding aggregate income without too much concern over distribution, it is less sharply focused than...
with the actual price of oil in solid black. Even if we knew nothing on the production side of the oil market, we would have anticipated the price of oil to have fallen from $105/barrel in June to $85 dollars today on the basis of these other three potential indicators of world econo...
Inevitably, the knock-on effects are considerable because there are few who profit from SARS, other than manufacturers of facemasks and some biotech companies. China's economic loss will seldom be another country's gain. Those who export to China will experience a downturn, while SARS remains ...