The Great Economic Train Wreck

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The Great Economic Train Wreck

Author : Kevin H. Clark
Publisher : Advantage Media Group
ISBN 13 : 1599322811
Total Pages : 284 pages
Book Rating : 4.5/5 (993 download)

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Book Synopsis The Great Economic Train Wreck by : Kevin H. Clark

Download or read book The Great Economic Train Wreck written by Kevin H. Clark and published by Advantage Media Group. This book was released on 2011-10-12 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: We tend to think of dominos as standing the tiles on end and then tipping the first one over, toppling into the second, which falls into the third until finally all the dominoes have fallen. In 2008 the first of many financial dominos began falling. Many were worried and looked to Washington for leadership. Instead, we saw only politics-as-usual. But as 2009 and 2010 unfolded, it became too benign to suggest our stricken economy was simply toppled dominos. It was more accurate to describe our condition as an economic "train wreck." The financial chaos as a result of the crisis was heightened by an extraordinary government intervention to triage the shattered economy. Many feared, with justification, that we may be teetering on the brink of this generation's Great Depression. The near-death experience the U.S. economy has suffered forced Americans to turn inward and question our leaders. Our worries have multiplied. Our free market system and ultimately the "American Dream" itself now seem more vulnerable than ever. More importantly, we doubt ourselves and our leaders and long for our life-before. This is a book that chronicles the unfolding disaster of our nation's financial "train wreck." For two crucial years, Kevin Clark had broadcast financial analysis that became a play-by-play of the economic collapse. Now, with hindsight, he revisits recent history and brings what he calls a "Main Street" perspective of this most critical moment in the modern life of America.

The Economics of Railroad Safety

Author : Ian Savage
Publisher : Springer Science & Business Media
ISBN 13 : 146155571X
Total Pages : 236 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis The Economics of Railroad Safety by : Ian Savage

Download or read book The Economics of Railroad Safety written by Ian Savage and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American public has a fascination with railroad wrecks that goes back a long way. One hundred years ago, staged railroad accidents were popular events. At the Iowa State fair in 1896, 89,000 people paid $20 each, at current prices, to see two trains, throttles wide open, collide with each other. "Head-on Joe" Connolly made a business out of "cornfield meets" holding seventy-three events in thirty-six years. Picture books of train wrecks do good business presumably because a train wreck can guarantee a spectacular destruction of property without the messy loss of life associated with aircraft accidents. A "train wreck" has also entered the popular vocabulary in a most unusual way. When political manoeuvering leads to failure to pass the federal budget, and a shutdown is likely of government services, this is widely called a "train wreck. " In business and team sports, bumbling and lack of coordination leading to a spectacular and public failure to perform is also called "causing a train wreck. " A person or organization who is disorganized may be labelled a "train wreck. " It is therefore not surprising that the public perception of the safety of railroads centers on images of twisted metal and burning tank cars, and a general feeling that these events occur quite often. After a series of railroad accidents, such as occurred in the winter of 1996 or the summer of 1997, there are inevitable calls that government "should do something.

The Great Crash

Author : Selwyn Parker
Publisher : Piatkus
ISBN 13 : 0748122311
Total Pages : 366 pages
Book Rating : 4.7/5 (481 download)

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Book Synopsis The Great Crash by : Selwyn Parker

Download or read book The Great Crash written by Selwyn Parker and published by Piatkus. This book was released on 2010-09-02 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the story of the financial cataclysm that started with the Wall Street stock market crash of 1929, and set in motion a series of economic, political and social events that affected many millions of people in America, Britain, Europe and Australia. The Crash rolled across the world like a tidal wave, toppling governments, spreading the wave of dictatorships in Italy and Germany, infecting entire industries and plunging millions into unemployment and poverty. By the time it began to lift in 1935, the lives of people in scores of countries had changed forever. Selwyn Parker's book also poses the question: could it happen again?

The Angola Horror

Author : Charity Vogel
Publisher : Cornell University Press
ISBN 13 : 0801469759
Total Pages : 312 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis The Angola Horror by : Charity Vogel

Download or read book The Angola Horror written by Charity Vogel and published by Cornell University Press. This book was released on 2013-08-15 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 18, 1867, the Buffalo and Erie Railroad’s eastbound New York Express derailed as it approached the high truss bridge over Big Sister Creek, just east of the small settlement of Angola, New York, on the shores of Lake Erie. The last two cars of the express train were pitched completely off the tracks and plummeted into the creek bed below. When they struck bottom, one of the wrecked cars was immediately engulfed in flames as the heating stoves in the coach spilled out coals and ignited its wooden timbers. The other car was badly smashed. About fifty people died at the bottom of the gorge or shortly thereafter, and dozens more were injured. Rescuers from the small rural community responded with haste, but there was almost nothing they could do but listen to the cries of the dying—and carry away the dead and injured thrown clear of the fiery wreck. The next day and in the weeks that followed, newspapers across the country carried news of the "Angola Horror," one of the deadliest railway accidents to that point in U.S. history. In a dramatic historical narrative, Charity Vogel tells the gripping, true-to-life story of the wreck and the characters involved in the tragic accident. Her tale weaves together the stories of the people—some unknown; others soon to be famous—caught up in the disaster, the facts of the New York Express’s fateful run, the fiery scenes in the creek ravine, and the subsequent legal, legislative, and journalistic search for answers to the question: what had happened at Angola, and why? The Angola Horror is a classic story of disaster and its aftermath, in which events coincide to produce horrific consequences and people are forced to respond to experiences that test the limits of their endurance. Vogel sets the Angola Horror against a broader context of the developing technology of railroads, the culture of the nation’s print media, the public policy legislation of the post–Civil War era, and, finally, the culture of death and mourning in the Victorian period. The Angola Horror sheds light on the psyche of the American nation. The fatal wreck of an express train nine years later, during a similar bridge crossing in Ashtabula, Ohio, serves as a chilling coda to the story.

The Great Depression in the United States Economy

Author : Enkai Zhang
Publisher : GRIN Verlag
ISBN 13 : 3656921199
Total Pages : 14 pages
Book Rating : 4.6/5 (569 download)

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Book Synopsis The Great Depression in the United States Economy by : Enkai Zhang

Download or read book The Great Depression in the United States Economy written by Enkai Zhang and published by GRIN Verlag. This book was released on 2015-03-17 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2015 in the subject Business economics - Economic and Social History, , course: Economy Development, language: English, abstract: The Great Depression was the worst economic epidemic in the 20th century and the worst in the United States of America. The global economic downturn that began in 1929 as a cause of the crash of the stock market lasted until 1939 took a long duration and caused a serious depression which was experienced by many countries. Its origin was the United States of America, leading to deflation in the prices of commodities, dropping of demand in credit, disruption of trade that resulted in unemployment and poverty.

Mass Production, the Stock Market Crash, and the Great Depression

Author : Bernard C. Beaudreau
Publisher : Greenwood
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Mass Production, the Stock Market Crash, and the Great Depression by : Bernard C. Beaudreau

Download or read book Mass Production, the Stock Market Crash, and the Great Depression written by Bernard C. Beaudreau and published by Greenwood. This book was released on 1996-10-21 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists and historians have viewed the events of the 1920s, the stock market boom and crash, the Great Depression and the New Deal, as largely independent events. This work provides an integrated view of this important period arguing that all of these events were the result of the electrification of U.S. industry from 1910 to 1926. The author goes from electrification through the stock market boom to the tariffs of the late 20s to the stock market crash and depression followed by the National Industrial Recovery Act in 1933. The conclusion is that the NIRA is an attempt to correct the imbalance between production and consumption caused by industrial electrification.

The Great Crash of 1929

Author : A. Kabiri
Publisher : Springer
ISBN 13 : 1137372893
Total Pages : 149 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis The Great Crash of 1929 by : A. Kabiri

Download or read book The Great Crash of 1929 written by A. Kabiri and published by Springer. This book was released on 2014-11-25 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the American stock market boom and bust of the 1920s is vital for formulating policies to combat the potentially deleterious effects of busts on the economy. Using new data, Kabiri explains what led to the 1920s stock market boom and 1929 crash and looks at whether 1929 was a bubble or not and whether it could have been anticipated.

How an Economy Grows and Why It Crashes

Author : Peter D. Schiff
Publisher : John Wiley & Sons
ISBN 13 : 111877020X
Total Pages : 415 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis How an Economy Grows and Why It Crashes by : Peter D. Schiff

Download or read book How an Economy Grows and Why It Crashes written by Peter D. Schiff and published by John Wiley & Sons. This book was released on 2013-11-14 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Straight answers to every question you've ever had about how the economy works and how it affects your life In this Collector's Edition of their celebrated How an Economy Grows and Why It Crashes, Peter Schiff, economic expert and bestselling author of Crash Proof and The Real Crash, once again teams up with his brother Andrew to spin a lively economic fable that untangles many of the fallacies preventing people from really understanding what drives an economy. The 2010 original has been described as a “Flintstones” take economics that entertainingly explains the beauty of free markets. The new edition has been greatly expanded in both quantity and quality. A new introduction and two new illustrated chapters bring the story up to date, and most importantly, the book makes the jump from black and white to full and vivid color. With the help of colorful cartoon illustrations, lively humor, and deceptively simple storytelling, the Schiff's bring the complex subjects of inflation, monetary policy, recession, and other important topics in economics down to Earth. The story starts with three guys on an island who barely survive by fishing barehanded. Then one enterprising islander invents a net, catches more fish, and changes the island’s economy fundamentally. Using this story the Schiffs apply their signature take-no-prisoners logic to expose the glaring fallacies and gaping holes permeating the global economic conversation. The Collector’s Edition: Provides straight answers about how economies work, without relying on nonsensical jargon and mind-numbing doublespeak the experts use to cover up their confusion Includes a new introduction that sets the stage for developing a deeper, more practical understanding of inflation and the abuses of the monetary system Adds two new chapters that dissect the Federal Reserve’s Quantitative easing policies and the European Debt Crisis. Colorizes the original book's hundreds of cartoon illustrations. The improved images, executed by artist Brendan Leach from the original book, add new vigor to the presentation Has a larger format that has been designed to fit most coffee tables. While the story may appear simple on the surface, as told by the Schiff brothers, it will leave you with a deep understanding of How an Economy Grows and Why It Crashes.

A Rabble of Dead Money

Author : Charles R. Morris
Publisher : PublicAffairs
ISBN 13 : 9781541736092
Total Pages : 0 pages
Book Rating : 4.7/5 (36 download)

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Book Synopsis A Rabble of Dead Money by : Charles R. Morris

Download or read book A Rabble of Dead Money written by Charles R. Morris and published by PublicAffairs. This book was released on 2018-10-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Crash of 1929 profoundly disrupted the United States' confident march toward becoming the world's superpower. The breakneck growth of 1920s America--with its boom in automobiles, electricity, credit lines, radio, and movies--certainly presaged a serious recession by the decade's end, but not a depression. The totality of the collapse shocked the nation, and its duration scarred generations to come. In this lucid and fast-paced account of the cataclysm, award-winning writer Charles R. Morris pulls together the intricate threads of policy, ideology, international hatreds, and sheer individual cantankerousness that finally pushed the world economy over the brink and into a depression. While Morris anchors his narrative in the United States, he also fully investigates the poisonous political atmosphere of postwar Europe to reveal how treacherous the environment of the global economy was. It took heroic financial mismanagement, a glut-induced global collapse in agricultural prices, and a self-inflicted crash in world trade to cause the Great Depression. Deeply researched and vividly told, A Rabble of Dead Money anatomizes history's greatest economic catastrophe--while noting the uncanny echoes for the present.

Beating the Bear

Author : Harold Bierman Jr.
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313382158
Total Pages : 222 pages
Book Rating : 4.3/5 (133 download)

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Book Synopsis Beating the Bear by : Harold Bierman Jr.

Download or read book Beating the Bear written by Harold Bierman Jr. and published by Bloomsbury Publishing USA. This book was released on 2010-07-14 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reexamines the economic crash of 1929 and compares the event to the modern stock market crash of 2008-2009. Twice in the last century the usually stalwart economy of United States has crumbled—first in 1929, when the stock market crash that led to the Great Depression hit, and again with the financial market meltdown of 2008-2009 that is still crippling much of America. While it is still too soon to state unequivocally how this latest economic disaster came about, it is possible to theorize that much of what has happened could have been foreseen and even avoided—just as it could have been in 1929. This book accurately describes the economic situations in the United States before the 1929 and 2008-2009 stock market crashes, and carefully examines the causes of both financial crises. This comprehensive assessment of both time periods allows readers to better grasp the present market situation, understand the connection between the explosion of the sub-prime mortgage market and the current state of the economy, and more wisely forecast the future.

The Great Crash 1929

Author : John Kenneth Galbraith
Publisher : HarperCollins
ISBN 13 : 0547575777
Total Pages : 227 pages
Book Rating : 4.5/5 (475 download)

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Book Synopsis The Great Crash 1929 by : John Kenneth Galbraith

Download or read book The Great Crash 1929 written by John Kenneth Galbraith and published by HarperCollins. This book was released on 2009-09-10 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Kenneth Galbraith's classic examination of the 1929 financial collapse. Arguing that the 1929 stock market crash was precipitated by rampant speculation in the stock market, Galbraith notes that the common denominator of all speculative episodes is the belief of participants that they can become rich without work. It was Galbraith's belief that a good knowledge of what happened in 1929 was the best safeguard against its recurrence. Atlantic Monthly wrote, "Economic writings are seldom notable for their entertainment value, but this book is. Galbraith's prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation's oracles and the wondrous antics of the financial community."

The Wreck of the Penn Central

Author : Joseph R. Daughen
Publisher : Beard Books
ISBN 13 : 9781893122086
Total Pages : 384 pages
Book Rating : 4.1/5 (22 download)

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Book Synopsis The Wreck of the Penn Central by : Joseph R. Daughen

Download or read book The Wreck of the Penn Central written by Joseph R. Daughen and published by Beard Books. This book was released on 1999 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: It took ten years of laborious planning and exhaustive negotiations to create the mammoth Penn Central Railroad, the largest railroad in United States history. When the leviathan was finally born of a merger between the Pennsylvania and New York Central Railroads on February 1, 1968, the event was hailed as a great day for railroading. But the baby giant survived only 367 days. The crash of the Penn Central set a new record, this time for the largest bankruptcy the United States had ever seen. "The Wreck of the Penn Central" provides a close-up view of the events that brought the Big Train to bankruptcy court--over-regulation, subsidized competition, big labor featherbedding, greed, corporate back-stabbing, stunning incompetence, and, yes, even a little sex.

The Great Depression Ahead

Author : Harry S. Dent (Jr.)
Publisher : Black Incorporated
ISBN 13 : 9781863953597
Total Pages : 0 pages
Book Rating : 4.9/5 (535 download)

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Book Synopsis The Great Depression Ahead by : Harry S. Dent (Jr.)

Download or read book The Great Depression Ahead written by Harry S. Dent (Jr.) and published by Black Incorporated. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the author of the international bestseller The Roaring 2000scomes a new book that predicts a major economic crash and offers advice on how to survive it. Harry S. Dent has predicted changes in the market with uncanny accuracy for over a decade. He foresaw the recession of 1990-1991, the expansion of the mid-nineties and the boom of 1998-2000. Now, in The Great Crash of 2010, he predicts that our economy is heading towards a major depression. The slowdown, he says, will continue for at least a decade. The Great Crash of 2010explains the forces behind this downturn and gives practical steps investors can take today to protect themselves from tomorrow's worst and position themselves to take advantage of the changing conditions. With practical applications at all levels, Harry S. Dent's is a voice that no serious investor can afford to ignore.

SuperFreakonomics LP

Author : Steven D. Levitt
Publisher : Harper Collins
ISBN 13 : 0061927570
Total Pages : 416 pages
Book Rating : 4.0/5 (619 download)

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Book Synopsis SuperFreakonomics LP by : Steven D. Levitt

Download or read book SuperFreakonomics LP written by Steven D. Levitt and published by Harper Collins. This book was released on 2009-11-10 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Freakonomics was a worldwide sensation, selling more than four million copies. Now Steven D. Levitt and Stephen J. Dubner return with SuperFreakonomics, and fans and newcomers alike will find that this freakquel is even bolder, funnier, and more surprising than the first. SuperFreakonomics challenges the way we think all over again, with such questions as: How is a street prostitute like a department-store Santa? What's the best way to catch a terrorist? What do hurricanes, heart attacks, and highway deaths have in common? Are people hardwired for altruism or selfishness? Can eating kangaroo save the planet? Levitt and Dubner mix smart thinking and great storytelling like no one else, whether investigating a solution to global warming or explaining why the price of oral sex has fallen so drastically.

The Two Trillion Dollar Meltdown

Author : Charles R. Morris
Publisher : ReadHowYouWant.com
ISBN 13 : 1458798593
Total Pages : 250 pages
Book Rating : 4.4/5 (587 download)

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Book Synopsis The Two Trillion Dollar Meltdown by : Charles R. Morris

Download or read book The Two Trillion Dollar Meltdown written by Charles R. Morris and published by ReadHowYouWant.com. This book was released on 2015-01-29 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are living in the most uncertain financial environment in recent history. A quarter - century of reckless lending, asset stripping, free - market zealotry and hedge - fund secrecy has ended with a dramatic collapse. And, according to Charles R. Morris, an even more profound economic and political restructuring is on its way. In The Two Trillion Dollar Meltdown, Morris explains how we got here and what we can expect next. With insight and clarity, he cuts through the guff to provide an indispensable guide to confusing times. ''''''''How we got into the mess we're in, explained briefly and brilliantly.'''''''' - New York Times Book Review Charles R. Morris is a lawyer and former banker. He is the author of ten books, including The Cost of Good Intentions, Money, Greed and Risk and The Tycoons. He has written for the Atlantic Monthly, the New York Times and the Wall Street Journal.

The Anatomy of Dependence

Author : Takeo Doi
Publisher :
ISBN 13 :
Total Pages : 180 pages
Book Rating : 4.:/5 (233 download)

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Book Synopsis The Anatomy of Dependence by : Takeo Doi

Download or read book The Anatomy of Dependence written by Takeo Doi and published by . This book was released on 1980 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Day the Whistles Cried

Author : Betsy Thorpe
Publisher : Ideas Into Books Westview
ISBN 13 : 9781628800401
Total Pages : 278 pages
Book Rating : 4.8/5 (4 download)

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Book Synopsis The Day the Whistles Cried by : Betsy Thorpe

Download or read book The Day the Whistles Cried written by Betsy Thorpe and published by Ideas Into Books Westview. This book was released on 2014 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: People are drawn to legendary disaster stories such as that of the Titanic, seeking hope and heroism among the wreckage. The Day The Whistles Cried is a true disaster tale, filled with real people and their lives. Reading about America's worst train wreck is opening a window into Time. Two steam locomotives collide head-on in a cornfield at the edge of Nashville on July 9, 1918, taking the lives of more than a hundred people and injuring at least 300 others. This tragic tale, set against a backdrop of wartime urgency and human error, unfolds in the midst of the racial and societal divisions of the early twentieth century. Segregation and cultural mores helped decide who would perish and who would survive this cataclysmic event, resulting in a book that is more than fact: a riveting story of decided historical impact. The Day the Whistles Cried reveals the railroad system in action in its heyday. Romance and adventure, systems and rules, architecture and machinery. Its sub-culture was intrinsic to America's economy and people.