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Description
The early twenty-first century is witnessing a concerted effort to privatize risk--to shift responsibility for the management or mitigation of key risks onto private-sector organizations or directly onto individuals. Proposals to reform Social Security through the creation of private accounts are perhaps the leading example, but in a wide range of areas, similar trends are now playing out. Yet, ironically, pensions and other private systems for responding...
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A leading political and business thinker identifies the greatest threat to our economic future: the things we think we know--but don't. In the face of global competition and rapid technological change, our economy is facing its most severe test in nearly a century. Yet our leaders have failed to prepare us for what lies ahead because they are in the grip of a set of "dead ideas" about how a modern economy should work. These ways of thinking--dubious...
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"There are three twenty-four-hour financial networks. All their slogans are like, We know what's going on on Wall Street.' But then you turn it on during the crisis, and they're like, We don't know what's going on.' It'd be like turning on the Weather Channel in a hurricane and they're just doing this: [shuddering] Why am I wet?! What's happening to me? And it's so windy!'"--Jon Stewart.
Bad News is the first book to probe the role of the business...
Description
Tanner (Cato Project on Social Security Choice) brings together work by leaders in Social Security reform, examining problems of the current system and offering proposals for reform. Contributors in economics, law, and philosophy, many affiliated with the Cato Institute, examine aspects of the problem related to issues such as property rights, the impact of Social Security reform on low-income workers, and how stock market declines affect the reform...
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Publisher's description: An astonishing 35 million Americans work full time but do not make a living. They are nursing home workers, poultry processors, pharmacy assistants, ambulance drivers, child care workers, data entry keyers, janitors. Indeed, one in four American workers lives in or near poverty. Despite the great wealth of the United States, these low-wage workers have lower living standards than do similar workers in most other industrial...
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"Sounding the alarm about the increasing gap between reality and 'conventional wisdom' -- a phrase he coined -- Galbraith tells, along with much else, how we have reached a point where the private sector has unprecedented control over the public sector. We have given ourselves over to self-serving belief and 'contrived nonsense' or, more simply, fraud. This has come at the expense of the economy, effective government, and the business world. Particularly...
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Renowned economic forecaster Harry S. Dent, Jr., explains that by 2010 rising oil prices and peaking generational spending will lead to a more severe downtrend for the global economy and individual investors alike. He outlines the critical issues that will face us and offers long- and short-term tactics for weathering the storm.
16) The new economy
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How doing business is undergoing a major historic transformation--and why we₂ve only begun our productivity upswing America₂s economic troubles have had a dramatic impact on how investors view markets and the businesses that drive them. And for now they have overshadowed a profound and ongoing revolution--still taking place after twenty-five years--in the way the economy operates. Just as in past economic revolutions, today₂s "new economy" emerged...
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The immediate impact of deindustrialization - the suffering inflicted upon workers, their families, and their communities -has been widely reported by scholars and journalists. In this important volume, the authors seek to move discussion of America's industrial decline beyond the immediate ramifications of plant shutdowns by placing it into a broader social, political, and economic context. Emphasizing a historical approach, the authors explore the...
Description
"The mortgage meltdown: what went wrong and how do we fix it? Owning a home can bestow a sense of security and independence. But today, in a cruel twist, many Americans now regard their homes as a source of worry and dashed expectations. How did everything go haywire? And what can we do about it now? In "The Rise and Fall of the U.S. Mortgage and Credit Markets", renowned finance expert James Barth offers a comprehensive examination of the mortgage...
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