That's why I write book reviews on older books dealing
with economic history (among others).
Not exact matches
A few days ago I was listening to a caller on an AM radio show promote the government's
economic record by stating that there are more Canadians
with a job today than at any point in Canada's
history.
The recent hot run for airline stocks has coincided
with another period of low oil prices (see chart below) and steady
economic growth, leaving some to wonder whether aviation's sad
history will repeat itself.
I wrote my thesis on the philosophy of
history with the central argument that Industrial Civilization would collapse and either be replaced by a new emergent socio -
economic revolution an order of magnitude higher than industrialization and agriculture combined, or we would go back to the stone age or extinct.
As I begin another chapter in my life, I leave feeling fulfilled
with what we have accomplished as a government and a country during one of the most challenging
economic periods in our country's
history.
Start
with production: there certainly was a point in human
history when
economic power was derived through the control of resources and the production of scarce goods:
This seems very counterintuitive at first, even if the
history behind it is quite abundant, and very few economists seem aware of the problem (which is why most
economic forecasts mistakenly focus on the pace
with which reforms are likely to be implemented, and are always disappointed), but in fact the reasons are not so hard to understand.
If oil drops into the $ 20 - to - $ 30 range, he may soon be dealing
with the consequences of an oil sands industry, his government's anointed engine of
economic growth, suddenly becoming a commercial disaster on a scale that could be unrivaled in Canada's
history.
Vince was previously
with the Michigan
Economic Development Corporation, where he led MEDC's in state business development initiatives including the Pure Michigan Business Connect program, the most successful business connection program in Michigan
history.
With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of hist
With the S&P 500 within about 8 % of its highest level in
history,
with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of hist
with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns;
with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of hist
with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors;
with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of hist
with credit spreads on low - grade debt blowing out to multi-year highs; and
with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of hist
with leading
economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of
history.
Steve Ketchum, executive director of Sound Point, told Bloomberg that in Puerto Rico, «there are no obvious great
economic difficult situations... We are comparing Puerto Rico
with some of the worst situations of sovereign debt in
history and it simply does not make sense to us, especially since Puerto Rico is a territory of the United States.»
Given the absence of a public trading market of our common stock, and in accordance
with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and
history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall
economic indicators, including gross domestic product, employment, inflation and interest rates, and the general
economic outlook.
Even so, several financiers and central bankers throughout
history tried experimenting
with a fiat currency system, a decision which often led to major imbalances between monetary and fiscal policies, and eventually
economic depressions.
However, should yields rise to a level more consistent
with history and
economic theory [eg Taylor rule], bond prices could fall a lot.
Because of this long
history, we know for a fact that stocks and bonds have low or negative correlations
with gold, particularly during periods of
economic recession.
CALGARY — TransCanada Corp. is moving ahead
with a $ 12 - billion plan to ship western oil to Quebec and the East Coast — the largest project in the company's
history and one it compares to the Canadian Pacific Railway in its
economic impact for the country and trade benefits overseas.
Announcing his resignation (below) to the world he said: «I believe we've made great steps,
with more people in work than ever before in our
history,
with reforms to welfare and education, increasing people's life chances, building a bigger and stronger society, keeping our promises to the poorest people in the world and enabling those who love each other to get married whatever their sexuality, but above all restoring Britain's
economic strength.»
Different organizations will highlight different issues: Some Jewish leaders will be most concerned
with anti-Semitism, Vatican relations
with Israel, and the Israeli - Palestinian conflict; others will focus on interfaith dialogue on theology and
history; others will discuss social and
economic policy, and the place of religion in politics and the public square.
The
history of Italian unification» Italian fascism having more than a decade's existence as a special place in radicalism; the role of the papacy in severely constraining manifest forms of statist rule; the cultural tradition of Italian major cities, which had autonomous forms of city development; and the weaknesses of Italy
with respect to
economic concentrations of power in the early twentieth century» all argue against a muscular totalitarianism.
This approach,
with its qualified openness to
economic modernity, has a long and distinguished
history in the American church.
The most impressive
economic growth in U.S.
history coincided
with the middle - class interregnum, the post-World War II generation, when incomes were most evenly distributed.
Perhaps the lyrics apply to the last one, if we equate land - hunger
with the desire for «gold,» but political
history accounts of why «such - and - such a President or Congress eventually entered us into such - and - such a war» reveal time and again that a motivation of
economic interest was not the reason, and seldom even the second or third reason, offered or discussed (even in the secret discussions hence uncovered by historians).
With the definition of religion given, Marxism would have to be considered a religion, at least for those who do not use it as a means to some political or economic end, but who find «in the conception of the «dialectic of history» with its inevitability, its total relevance, its impersonal justice - making power, the object of supreme valuation and complete relevance to life
With the definition of religion given, Marxism would have to be considered a religion, at least for those who do not use it as a means to some political or
economic end, but who find «in the conception of the «dialectic of
history»
with its inevitability, its total relevance, its impersonal justice - making power, the object of supreme valuation and complete relevance to life
with its inevitability, its total relevance, its impersonal justice - making power, the object of supreme valuation and complete relevance to life....
In
history's ongoing struggle between despotism and self - government, he was prepared to believe that America was earth's «last best hope» - not as the world's
economic colossus or imperial hegemon but as an exemplar of what politics,
with all its limitations, can accomplish.
With a number of fellow pastors who became lifelong friends, Rauschenbusch studied, read, talked, debated and plumbed the new social theories of the day, especially those of the non-Marxist socialists whom John C. Cort has recently traced in Christian Socialism (Orbis, 1988) The pastors wove these theories together with biblical themes to form» «Christian Sociology,» a hermeneutic of social history that allowed them to see the power of God's kingdom being actualized through the democratization of the economic system (see James T. Johnson, editor, The Bible in American Law, Politics and Rhetoric [Scholars Press, 1985]-RRB- They pledged themselves to new efforts to make the spirit of Christianity the core of social renewal at a time when agricultural - village life was breaking down and urban - cosmopolitan patterns were not yet fully for
With a number of fellow pastors who became lifelong friends, Rauschenbusch studied, read, talked, debated and plumbed the new social theories of the day, especially those of the non-Marxist socialists whom John C. Cort has recently traced in Christian Socialism (Orbis, 1988) The pastors wove these theories together
with biblical themes to form» «Christian Sociology,» a hermeneutic of social history that allowed them to see the power of God's kingdom being actualized through the democratization of the economic system (see James T. Johnson, editor, The Bible in American Law, Politics and Rhetoric [Scholars Press, 1985]-RRB- They pledged themselves to new efforts to make the spirit of Christianity the core of social renewal at a time when agricultural - village life was breaking down and urban - cosmopolitan patterns were not yet fully for
with biblical themes to form» «Christian Sociology,» a hermeneutic of social
history that allowed them to see the power of God's kingdom being actualized through the democratization of the
economic system (see James T. Johnson, editor, The Bible in American Law, Politics and Rhetoric [Scholars Press, 1985]-RRB- They pledged themselves to new efforts to make the spirit of Christianity the core of social renewal at a time when agricultural - village life was breaking down and urban - cosmopolitan patterns were not yet fully formed.
If the
economic Trinity is not essentially one
with the immanent trinity, then it is not the preexistent God who in fact acts in
history; if they are one, we face (e.g.) the paradox of saying that the human individual Jesus was really in God prior to the creation of the world.
A darker assessment of current child well - being would accord more consistently
with what Mintz's entire
history reveals: that
economic and social trends afflicting adults» lives have an even more negative impact upon the lives of children.
(a) Philosophical preoccupation
with the various types of cultural activities on an idealistic basis (Johann Gottfried Herder, G. W. F. Hegel, Johann Gustav Droysen, Hermann Steinthal, Wilhelm Wundt); (b) legal studies (Aemilius Ludwig, Richter, Rudolf Sohm, Otto Gierke); (c) philology and archeology, both stimulated by the romantic movement of the first decades of the nineteenth century; (d)
economic theory and
history (Karl Marx, Lorenz von Stein, Heinrich von Treitschke, Wilhelm Roscher, Adolf Wagner, Gustav Schmoller, Ferdinand Tonnies); (e) ethnological research (Friedrich Ratzel, Adolf Bastian, Rudolf Steinmetz, Johann Jakob Bachofen, Hermann Steinthal, Richard Thurnwald, Alfred Vierkandt, P. Wilhelm Schmidt), on the one hand; and historical and systematical work in theology (church
history, canonical law — Kirchenrecht), systematic theology (Schleiermacher, Richard Rothe), and philosophy of religion, on the other, prepared the way during the nineteenth century for the following era to define the task of a sociology of religion and to organize the material gathered by these pursuits.7 The names of Max Weber, Ernst Troeltsch, Werner Sombart, and Georg Simmel — all students of the above - mentioned older scholars — stand out.
His analysis calls for reintegration of the
history of science
with social,
economic and political
history just as his philosophical proposals call for integration
with current reasons for making science, technology and medicine more accessible and accountable.
Here Niebuhr, Brunner, and Barth share the same general position, though
with some differences in emphasis.13 They all agree that the social orders which form the structure of human
history, such as the family, the state, the
economic order, betray an essential separation of man from God.
Rahner asserted that the «immanent» Trinity is the «
economic» Trinity and vice versa, that is, that God's eternal triune life and his triune
history with us in time are somehow one event, that God is not otherwise Father, Son and Spirit in himself than he is among us, and vice versa.
But the
history of the voting privilege in the twentieth century shows that it takes the combined power of mass movements,
economic pressures, and the Federal Government
with its military force to give even a relative assurance that this requirement of justice will be realized.3 It seems, therefore, that when we move from the perspective of love to concrete issues of social strategy and political power, justice is accomplished by a confluence of historical forces and humane considerations which indeed may be enforced by love, but which must have other sources.
Whether the preacher will mediate a world of transformation or equilibrium depends on many things, including what the preacher reads,
with whom the preacher eats, the
economic history of the preacher, and much else.
The challenge before us is to navigate the hyphen and be prepared to explore our varied
histories, discover the outside forces, question the
economic compulsions, be astounded by the cultural diversity, empathise
with the experience of marginality, marvel at the memories that have shaped all these various selves, and offered, and continue to offer us, an identity or identities across the hyphen, as the various embodied selves that make up the assorted group of people who are called Indian - Christians.
I see it in my field of
history with its incessant resorting to
economic bean counting as the key to understanding people and events.
Yet for some reason we are convinced at the moment that the ways of our economy should be identical
with the laws of the market, and therefore we depart resolutely from norms and customs that controlled
economic behavior through our long
history of increasing prosperity.
But my point here is that unsatisfactory
economic ideas and practices which have an impressive
history of failure, which caused to founder that great nation California, which lie at the root of much of the shame and dread and division and hostility and cynicism
with which our society is presently afflicted, are treated as immutable truths, not to be questioned, not to be interfered
with, lest they unleash their terrible retribution, recoiling against whomever would lay a hand on the Ark of Market Economics, if that is the name under which this mighty power is currently invoked.
«It characterizes the option between two different «trajectories» that are present in the
history of the people of God, and it is in this
history that it affirms and makes explicit the meaning of its vocation in the world».31 Latin America is a continent where the state is very oppressive and the economy is controlled by transnational companies
with the result that
economic benefits are concentrated in the hands of a small community.
«I can tell you what recorded
history says, I can tell you what the Bible says, but I think that's a dispute amongst theologians and I think it has nothing to do
with the gross domestic product or
economic growth of the United States.»
Rubio: «I can tell you what recorded
history says, I can tell you what the Bible says, but I think that's a dispute amongst theologians and I think it has nothing to do
with the gross domestic product or
economic growth of the United States.»
Currently the most influential version, of course, is associated
with movements shaped by liberation theologies: We come to understand God as we are a part of a community that is united by a common
history of oppression and struggles for liberation by radically changing the arrangements of
economic and social power that have made the oppression systemic in our society.
Its pop psychology and self - help babble
with a veneer of truth so that they may live rich and lavish lives in the face of one of the worst
economic downtowns in American
history in almost 100 years!!!
It must take into account not only all the
history of mankind in its multiform manifestations — political, religious,
economic, aesthetic, social, and intellectual — but what to human beings,
with their limited outlook and endowments, is the staggering and unimaginably vast cosmos in which they are set.
On the other hand, we have the Marxist interpretation of
history as a «dialectical» process, determined by
economic factors; a process which takes form in our time as the final class - war between bourgeoisie and proletariate
with their respective «ideologies».
It forecast that «almost all our economy and society» will be affected by the momentous changes taking place to our north and warned «a whole - of - Australia effort» was needed to deal
with a social and
economic transformation as «profound as any that have defined Australia throughout our
history.»
Over the last 30 years we have seen an ever - increasing concentration in the Australian supermarket sector, where the market share of our two largest retailers has increased from around 30 per cent of the market to where it stands today at around 80 per cent, leaving Australia
with one of the most concentrated markets in world
economic history outside that of former Eastern Bloc countries.
We had been led, because of our peculiar
history, to associate manliness, sport and
economic individualism
with a system that had failed us as individuals, a system that was in every identifiable sense bankrupt.
Waldorf Education has as its ideal a person who is knowledgeable about the world and human
history and culture, who has many varied practical and artistic abilities, who feels a deep reverence for and communion
with the natural world, and who can act
with initiative and in freedom in the face of
economic and political pressures.
The new park — along
with the Field Museum of Natural
History, the John G. Shedd Aquarium and the Adler Planetarium — would form a museum campus that would be more than the sum of its parts, at once creating a powerful lakefront magnet and turbocharging the tourist component of Chicago's
economic engine.
The program of prenatal and infancy home visiting by nurses has produced consistent effects on clinically significant outcomes in three separate trials
with different populations living in different contexts and at different points in U.S. social and
economic history.