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Todd Suomela's Library tagged 2000s   View Popular, Search in Google

Apr
22
2012

"In this sense, what is in one way a parallel between now and the 70s is also a difference. Both eras brought into doubt a dominant economic paradigm - Keynesian social democracy is the 70s and neoliberalism now. However, because neoliberalism serves the interests of capitalists in a way that Keynesianism (by the 70s) did not, there’s less of a rush among the ruling elite to look for an alternative.

But this merely raises the question. Why - given that its living standards are falling now in a way they did not in the 70s - is the working class so quiescent compared to then?"

economics history crisis 1970s 2000s 2010s neoliberalism conservatism

Oct
30
2011

"Almost all of the $8 in added debt since 2000 can be traced to policies enacted under the cover of post-September 11th nationalism; these policies cemented the transition from neoliberalism to full-blown neoconservatism. Nothing more accurately illustrates the contradictory movements of the neoliberal project than the biography of the fundamentalist son of an American-owned autocrat, who spent millions of American dollars expelling the Soviets from Afghanistan, then bankrolled and organized September 11th, then was assassinated by the US and dumped into the ocean."

debt crisis government 2011 congress republicans 2000s federal deficit

In the grand and lazy tradition of end-of-year columnists everywhere, here are my personal favourite SFF young adult books of the decad

books list best-of-the-year decade 2000s young-adult sf

Feb
4
2009

Photo editors from Associated Press, Agence France-Presse, and Thomson Reuters share defining photos of the George Bush presidency.

photography about(GeorgeBush) president 2000s history

Oct
12
2008

Graham summarized it this way: "...stocks always sell at unduly low prices after a boom collapses. As the president of the New York Stock Exchange testified, 'in times like these frightened people give the United States of ours away.' Or stated differently, it happens because those with enterprise haven't the money, and those with money haven't the enterprise, to buy stocks when they are cheap."

After the epic bashing that stocks have taken in the past few weeks, investors can be forgiven for wondering whether they fell asleep only to emerge in the waking nightmare of July 1932 all over again. The only question worth asking seems to be: How low can it go?

history economics crisis depression america 1930s 2000s markets stock

in list: Economic Crisis

Sep
25
2008

Call it Paulson's Panic. That's both unfair and accurate. It's unfair because Treasury Secretary Hank Paulson didn't create the underlying conditions that led to today's financial turmoil, and the failure for not quelling it is shared by Federal Reserve Chairman Ben Bernanke. But it's also accurate, because as world financial markets verged on panic, Paulson himself panicked. He saw no remedy except a massive bailout: having the government buy up to $700 billion worth of risky bonds.

market-failure bailout economics politics panic crisis finance financial-services 2000s

in list: Economic Crisis

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