The Dust Bowl happened in the 1930s due to a lack of moisture in the air and the ground. It covered 3,000 square miles of territory. Places like the panhandle of Texas, Kansas, Southeastern Colorado, Oklahoma, and New Mexico. It was 400 miles long and…
There is a large amount of baby boomers who are still working in the United States, and their numbers are growing. According to Mark Mather, “The number of Americans ages 65 and older is projected to more than double from 46 million today to over…
Introduction The costs associated with long-term care (LTC) represent a rising concern for aging baby boomers and policymakers who are worried about the strained government program (Butler, 2015). As of now, the chief government financing systems such as Medicaid and Medicare are not meeting LTC…
Winston Churchill once said, “Those who fail to learn from history are doomed to repeat it.” Never has this been clearer than in the case of the Great Recession as compared to the Great Depression. The Great Depression was a severe worldwide economic depression which…
The book is divided into fifteen chapters which are divided into four sections. The first section called “Failures of capture scholarship” talks about history, concept, and measure of regulatory capture. It is important to understand theoretically what capture is, how it was created and how…
The problem with financial capitalism appears both in the CEO of RJR Nabisco and the private equity people like Henry Kravis. The capitalistic system allowed them to leverage more capital from high risk sources (bonds and loans) which are part of this system. This phenomenon…
Over the last couple of decades, fossil fuels are being replaces by renewable energy sources. One of these renewable energy sources is ethanol. Ethanol is also known as ethyl alcohol or grain alcohol, a clear, colorless liquid. It can be created through the fermentation of…
The following has been constructed to meticulously interpret how the employment situation report released February 3, 2017, impacted the financial markets in the United States. The Employment situation is a powerful economic release that heralds information pertaining to the unemployment rate, number of payroll employment…
The pattern far from unmistakable national financial units and towards one colossal worldwide market’ ‘Globalization is the procedure empowering money related and speculation markets to work universally, to a great extent because of deregulation and enhanced interchanges. ‘ ‘Globalization isn’t the same as globalism, which…
The financial crisis that occurred in 2007-2008 took a major impact on the United States, it was considered the most dangerous crisis since the Great Depression. Due to the fact that this crisis did not just effect the US, it continued onto a global level….
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