|
A Failure Of Capitalism
''A Failure of Capitalism: The Crisis of '08 and the Descent into Depression'' is a 2009 book by the economist Richard Posner. The text was initially published on May 1, 2009, by Harvard University Press. Posner criticizes President George W. Bush and his administration's policies and the response to the fiscal crisis, and moves away from his past well-known advocacy of free-market capitalism. The book has been primarily noted not for his criticism of progressive government policies (which he attacks again for good measure), but rather his critique of laissez-faire capitalism and its ideologues. The book has been received with generally good reviews from the press, including ''The New York Times'', but the reception has not been universally positive. Synopsis The primary argument of the book is that we have gone from a recession into a depression (the "D" word, as one author calls it) in 2009, and Posner suggests several possible short-term and long-term solutions to this fiscal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Posner
Richard Allen Posner (; born January 11, 1939) is an American jurist and legal scholar who served as a federal appellate judge on the U.S. Court of Appeals for the Seventh Circuit from 1981 to 2017. A senior lecturer at the University of Chicago Law School, Posner is a leading figure in the field of law and economics, and was identified by ''The Journal of Legal Studies'' as the most-cited legal scholar of the 20th century. He is widely considered to be one of the most influential legal scholars in the United States. Posner is known for his scholarly range and for writing on topics outside of his primary field, law. In his various writings and books, he has addressed animal rights, feminism, drug prohibition, same-sex marriage, Keynesian economics, and academic moral philosophy, among other subjects. Posner is the author of nearly 40 books on jurisprudence, economics, and several other topics, including ''Economic Analysis of Law'', ''The Economics of Justice'', ''The Problem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Clinton
William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and again from 1983 to 1992, and as attorney general of Arkansas from 1977 to 1979. A member of the Democratic Party, Clinton became known as a New Democrat, as many of his policies reflected a centrist "Third Way" political philosophy. He is the husband of Hillary Clinton, who was a senator from New York from 2001 to 2009, secretary of state from 2009 to 2013 and the Democratic nominee for president in the 2016 presidential election. Clinton was born and raised in Arkansas and attended Georgetown University. He received a Rhodes Scholarship to study at University College, Oxford and later graduated from Yale Law School. He met Hillary Rodham at Yale; they married in 1975. After graduating from law school, Clinton returned to Arkansas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brooksley Born
Brooksley Elizabeth BornCalifornia Births, 1905 - 1995Brooksley Elizabeth Born/ref> (born August 27, 1940) is an American attorney and former public official who, from August 26, 1996, to June 1, 1999, was chair of the Commodity Futures Trading Commission (CFTC), the federal agency which oversees the futures and commodity options markets. During her tenure on the CFTC, Born lobbied Congress and the President to give the CFTC oversight of off-exchange markets for derivatives in addition to its role with respect to exchange-traded derivatives,"Concept Release Concerning Over-The-Counter Derivatives market" CFTC Release #4142-98, May 7, 1998. but her warnings were ignored or dismissed, and her calls for reform resisted by other regulators.Goodman, Peter S [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nouriel Roubini
Nouriel Roubini (born March 9 1958) is a Turkish-born Iranian-American economist. He is Professor Emeritus (2021–present) and was Professor of Economics (1995–2021) at the Stern School of Business, New York University, and also chairman of Roubini Macro Associates LLC, an economic consultancy firm. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a visiting researcher/advisor at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who was Treasury Secretary under Barack Obama. Early life and education Nouriel Roubini was born in Istanbul, Turkey. When ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Shiller
Robert James Shiller (born March 29, 1946) is an American economist, academic, and author. As of 2019, he serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was vice president of the American Economic Association in 2005, its president-elect for 2016, and president of the Eastern Economic Association for 2006–2007. He is also the co‑founder and chief economist of the investment management firm MacroMarkets LLC. Shiller was ranked by the ''IDEAS'' RePEc publications monitor in 2008 as among the 100 most influential economists of the world; and was still on the list in 2019. Eugene Fama, Lars Peter Hansen and Shiller jointly received the 2013 Nobel Memorial Prize in Economic Sciences, "for their empirical analysis of asset prices".* Background Shiller was born in Detroit, Michi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephen S
Stephen or Steven is a common English first name. It is particularly significant to Christians, as it belonged to Saint Stephen ( grc-gre, Στέφανος ), an early disciple and deacon who, according to the Book of Acts, was stoned to death; he is widely regarded as the first martyr (or "protomartyr") of the Christian Church. In English, Stephen is most commonly pronounced as ' (). The name, in both the forms Stephen and Steven, is often shortened to Steve or Stevie. The spelling as Stephen can also be pronounced which is from the Greek original version, Stephanos. In English, the female version of the name is Stephanie. Many surnames are derived from the first name, including Stephens, Stevens, Stephenson, and Stevenson, all of which mean "Stephen's (son)". In modern times the name has sometimes been given with intentionally non-standard spelling, such as Stevan or Stevon. A common variant of the name used in English is Stephan ; related names that have found some curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Schiff
Peter David Schiff (; born March 23, 1963) is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is also involved in various roles in other financial services companies including Euro Pacific Asset Management, an independent investment advisor; Schiff Gold (formerly Euro Pacific Precious Metals); a precious metals dealer; and Euro Pacific Bank, a full-reserve bank. Personal life Schiff was born to a middle-class Jewish familyThe American Conservative: "Dr. Doom Runs for Senate" By Michael Brendan Dougherty October 1, 2009 in |
Gary Shilling
use both this parameter and , birth_date to display the person's date of birth, date of death, and age at death) --> , death_place = , death_cause = , body_discovered = , resting_place = , resting_place_coordinates = , burial_place = , burial_coordinates = , monuments = , nationality = , siglum = , citizenship = , education = * Amherst College (BA in physics) * Stanford University (MA and PhD in economics) , alma_mater = , occupation = financial analyst and commentator , years_active = , era = , employer = , organization = , agent = , known_for = , notable_works = “The Housing Bubble Will Probably Burst” (January 2006) , style = , height = , television = , title = , term = , predecessor = , successor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meredith Whitney
Meredith Ann Whitney (born November 20, 1969) is an American businesswoman hailed as “The Oracle of Wall Street” by ''Bloomberg''. She is known for successfully forecasting the difficulties of Citigroup and other major banks during the financial crisis of 2007–2008. Education and career Whitney grew up in Bethesda, Maryland. She graduated from Madeira School in 1987 before attending a post-graduate year at Lawrenceville School, becoming a member of its first co-ed graduating class. She graduated with honors from Brown University in 1992 with a B.A. in History. Whitney joined Oppenheimer Holdings in 1993 as a Director, and in 1995 she joined the company's Specialty Finance Group. In 1998, she left Oppenheimer to become an Executive Director at Wachovia. Whitney returned to Oppenheimer in 2004, where she researched banks and brokers as a Managing Director. She resigned from Oppenheimer on February 19, 2009 to establish her own firm, Meredith Whitney Advisory Group (MWAG), w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alan Greenspan
Alan Greenspan (born March 6, 1926) is an American economist who served as the 13th chairman of the Federal Reserve from 1987 to 2006. He works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First nominated to the Federal Reserve by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006, after the second-longest tenure in the position, behind only William McChesney Martin. President George W. Bush appointed Ben Bernanke as his successor. Greenspan came to the Federal Reserve Board from a consulting career. Although he was subdued in his public appearances, favorable media coverage raised his profile to a point that several observers likened him to a "rock star". Democratic leaders of Congress criticized him for politicizing his office because of his support for Social Security privatization and tax cuts. Many have argued that the "easy-money" policies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.png "Click for more on -> Bill Clinton")
