foreign policy proposals (or lack thereof, depending on who you ask). Some people have argued that Trump does not have any specific stance, and some people have argued that Trump would start a chain of events leading to the demise of humanity. However, many of his foreign policy statements might contain some merit, or some of the statements may at least contain connections to some theories and hypotheses. This paper will examine a few of President-elect Trump’s most prolific foreign policy…
investment, and industrial production have declined. Financial markets remain quite strained and credit conditions tight.”3 Their intent in lowering the interest rate was to reverse these negative trends. This paper will explore how effective this monetary policy decision was from the eyes of the consumer. Effectiveness will be weighed using homeownership, consumer credit, and real wages as these factors directly influence consumers and their idea of the American…
Introduction: Most economists have been concerned about the relationship between inflation and the economic growth, for a very long period of time. The combination of the two, that is inflation and economic growth, they distinguish the variables of macro-economic. Inflation has a negative impact on the growth of the country; the South African statistics has proven that. I will be discussing that in details. Firstly, Inflation is simply defined as a situation where prices are perpetually and…
Good evening, My name is Francis Sejersted. I’m a Norwegian social and economic history professor. I’ve been on the Nobel Committee since 1982, with this year, 1986, being my fourth year. This year, I have the opportunity to express why Elie Wiesel is deserving of the Nobel Peace Prize. We all know Elie Wiesel as the Holocaust survivor and as the writer of the memorable memoir Night. However, we have yet to recognize him for his other achievements. Elie Wiesel, the Romanian born American-Jewish…
In Paul Krugman's essay "Confronting Inequality," published in his 2007 book "The Conscience of a Liberal.," I personally believe this article could have the potential for a wide audience. Inequality is something a majority of Americans deal with whether they realize it or not. Krugman discusses the many ways America had fallen into distinct gaps of inequality. He presents a highly logical argument in which he reveals why, and how, America has gotten to different points of inequality whether it…
Kerensa, The semester has slipped by disturbingly fast. Hopefully it's not just because I'm getting older -- the school year lasted forever when I was little. The weather has been weird: mildest winter on record with the largest snow storm of the year coming in late march. And yes, it did snow last week. I've been laid low for the past two weeks with a horrific case of strep (I havn't been able to speak for days), and I went outside for the first time in a few days and found that the trees…
Policies such as expansion of Government programmed and services, state control over primary industries, and an extension of land reform (Pinochet, p35). Initially it seem that Allende’s mission to have a socialist society was having positive outcomes. Unemployment…
Causes of the Great Depression include the following: Federal Reserve Money supply decreased and prices dropped Banks failed Low investment return Consumers withdrew funds International Trade Tariffs of 100% were imposed on raw materials entering the United States, thus the exporting countries imposed tariffs of their own. www.minneapolis.fed.org Which do you think was most damaging to the country’s economy? The failure of the Nation’s banks and the Stock Market crash, caused two-fold…
On October 13, 1982, two years after his election to the presidency, Ronald Reagan said in a televised speech, “…unemployment is the problem uppermost on many people’s minds….but, remember, you can’t solve unemployment without solving the things that caused it, the out-of-control government spending, the skyrocketing inflation and interest rates that led to unemployment in the first place.” (Reagan). By blaming the government for America’s economic woes, Reagan reinforced the conservative agenda…
If a president makes laws that help people make money and there is no people around to follow them than the economy will not get better. The biggest influence on the economy is the chairman of the Federal Reserve Board, they have the monetary policy; actions of a central bank, currency board or other regulatory committee that determine the size and rate of growth of the money supply, which in turn affects interest rates. The Fed’s goals are to stabilize prices and promote maximum sustainable…