The Roaring Nineties: A New History of the World's Most Prosperous Decade

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Release : 2011-02-07
Genre : Business & Economics
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Book Rating : 388/5 ( reviews)

The Roaring Nineties: A New History of the World's Most Prosperous Decade - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Roaring Nineties: A New History of the World's Most Prosperous Decade write by Joseph E. Stiglitz. This book was released on 2011-02-07. The Roaring Nineties: A New History of the World's Most Prosperous Decade available in PDF, EPUB and Kindle. How one of the greatest economic expansions in history sowed the seeds of its own collapse. With his best-selling Globalization and Its Discontents, Joseph E. Stiglitz showed how a misplaced faith in free-market ideology led to many of the recent problems suffered by the developing nations. Here he turns the same light on the United States. The Roaring Nineties offers not only an insider's illuminating view of policymaking but also a compelling case that even the Clinton administration was too closely tied to the financial community—that along with enormous economic success in the nineties came the seeds of the destruction visited on the economy at the end of the decade. This groundbreaking work by the Nobel Prize-winning economist argues that much of what we understood about the 1990s' prosperity is wrong, that the theories that have been used to guide world leaders and anchor key business decisions were fundamentally outdated. Yes, jobs were created, technology prospered, inflation fell, and poverty was reduced. But at the same time the foundation was laid for the economic problems we face today. Trapped in a near-ideological commitment to free markets, policymakers permitted accounting standards to slip, carried deregulation further than they should have, and pandered to corporate greed. These chickens have now come home to roost. The paperback includes a new introduction that reviews the continued failure of the Bush administration's policies, which have taken a bad situation and made it worse.

The Roaring Nineties

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Author :
Release : 2003
Genre : Business cycles
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Book Rating : 224/5 ( reviews)

The Roaring Nineties - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Roaring Nineties write by Joseph E. Stiglitz. This book was released on 2003. The Roaring Nineties available in PDF, EPUB and Kindle. The 1990s promised prosperity for the world: a new ara of unprecedented economic growth, with capitalism American-style reigning supreme. So where did it all go wrong? As Chairman of Clinton's Council of Economic Advisors and Chief Economist at the World Bank, Joseph Stiglitz was uniquely placed to watch first-hand as the nineties unfolded. This definitive, shocking insider's account reveals the truth about that extraordinary decade of boom-and-bust. The Roaring Nineties claims that much of what we understand about the decade's prosperity is in fact wrong - that it was the US's mistaken economic policies of the time that paved the way for worldwide recession. Yes, jobs were created, technology prospered, productivity rose, inflation fell and new markets opened up everywhere. But at the same time the seeds were sown for the economic problems we face today.

The Roaring Nineties

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Release : 2002-01-17
Genre : Business & Economics
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Book Rating : 411/5 ( reviews)

The Roaring Nineties - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Roaring Nineties write by Alan B. Krueger. This book was released on 2002-01-17. The Roaring Nineties available in PDF, EPUB and Kindle. The positive social benefits of low unemployment are many—it helps to reduce poverty and crime and fosters more stable families and communities. Yet conventional wisdom—born of the stagflation of the 1970s—holds that sustained low unemployment rates run the risk of triggering inflation. The last five years of the 1990s—in which unemployment plummeted and inflation remained low—called this conventional wisdom into question. The Roaring Nineties provides a thorough review of the exceptional economic performance of the late 1990s and asks whether it was due to a lucky combination of economic circumstances or whether the new economy has somehow wrought a lasting change in the inflation-safe rate of unemployment. Led by distinguished economists Alan Krueger and Robert Solow, a roster of twenty-six respected economic experts analyzes the micro- and macroeconomic factors that led to the unexpected coupling of low unemployment and low inflation. The more macroeconomically oriented chapters clearly point to a reduction in the inflation-safe rate of unemployment. Laurence Ball and Robert Moffitt see the slow adjustment of workers' wage aspirations in the wake of rising productivity as a key factor in keeping inflation at bay. And Alan Blinder and Janet Yellen credit sound monetary policy by the Federal Reserve Board with making the best of fortunate circumstances, such as lower energy costs, a strong dollar, and a booming stock market. Other chapters in The Roaring Nineties examine how the interaction between macroeconomic and labor market conditions helped sustain high employment growth and low inflation. Giuseppe Bertola, Francine Blau, and Lawrence M. Kahn demonstrate how greater flexibility in the U.S. labor market generated more jobs in this country than in Europe, but at the expense of greater earnings inequality. David Ellwood examines the burgeoning shortage of skilled workers, and suggests policies—such as tax credits for businesses that provide on-the-job-training—to address the problem. And James Hines, Hilary Hoynes, and Alan Krueger elaborate the benefits of sustained low unemployment, including budget surpluses that can finance public infrastructure and social welfare benefits—a perspective often lost in the concern over higher inflation rates. While none of these analyses promise that the good times of the 1990s will last forever, The Roaring Nineties provides a unique analysis of recent economic history, demonstrating how the nation capitalized on a lucky confluence of economic factors, helping to create the longest peacetime boom in American history. Copublished with The Century Foundation

The Roaring Nineties

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Release : 1994-09-01
Genre :
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Book Rating : 129/5 ( reviews)

The Roaring Nineties - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Roaring Nineties write by Katharine Susannah Prichard. This book was released on 1994-09-01. The Roaring Nineties available in PDF, EPUB and Kindle.

Venetian Shipping from the Days of Glory to Decline, 1453–1571

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Release : 2021-07-19
Genre : History
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Book Rating : 171/5 ( reviews)

Venetian Shipping from the Days of Glory to Decline, 1453–1571 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Venetian Shipping from the Days of Glory to Decline, 1453–1571 write by Renard Gluzman. This book was released on 2021-07-19. Venetian Shipping from the Days of Glory to Decline, 1453–1571 available in PDF, EPUB and Kindle. This book provides a comprehensive picture of Venice’s shipping industry from the days of glory to its definitive decline, challenging the accepted hierarchy of the political, economic, and environmental factors impacting the history of the maritime republic.