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Plunder and Blunder

Plunder and Blunder
Author: Dean Baker
Publisher: Berrett-Koehler Publishers
Total Pages: 183
Release: 2009-01-20
Genre: Business & Economics
ISBN: 160994478X

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For the second time this decade, the U.S. economy id sinking into a recession due to the collapse of a financial bubble. The most recent calamity will lead to a downturn deeper and longer than the stock market crash of 2001. Dean Baker's Plunder and Blunder chronicles the growth and collapse of the stock and housing bubbles and explains how policy blunders and greed led to the catastrophic --but completely predictable --market meltdowns. An expert guide to recent economic history, Baker offers policy prescriptions to help prevent similar financial disasters.


Plunder and Blunder

Plunder and Blunder
Author: Dean Baker
Publisher:
Total Pages: 240
Release: 2011-08-18
Genre:
ISBN: 9780369371096

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Plunder and Blunder chronicles the growth and collapse of the stock and housing bubbles, explains how policy changes since 1980 laid the groundwork for catastrophic - but completely predictable - market meltdowns, and offers prescriptions for avoiding these disasters in the future. Dean Baker argues not only that competent economists should have recognized the developing housing bubble, but also that policy makers and the media cheerfully neglected those economists who did predict danger. Baker doesn't engage in 20 - 20 hindsight, but thoroughly documents how fundamental policy shifts destabilized the economy and eroded the broad prosperity of the post - war period. His expert analysis explains the outcomes clearly so we can prevent similar financial disasters. ''Dean Baker warned us what was coming. Now we can read why Dean got it right when so many experts were blind. The story is intriguing - and deeply disturbing.'' - William Greider, national affairs correspondent, The Nation, and author of Come Home, America


Spidey and His Amazing Friends: Pirate Plunder Blunder

Spidey and His Amazing Friends: Pirate Plunder Blunder
Author: Steve Behling
Publisher: Disney Electronic Content
Total Pages: 30
Release: 2023-12-12
Genre: Juvenile Fiction
ISBN: 1368106943

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From mates to Green Goblin’s ‘mateys’! Green Goblin turns Peter’s beloved Aunt May and others into his own Pirate Army in this fun and exciting story. It’s up to Spidey and his friends to stop—and save—their family and friends. Only together can they send Gobby Pirate ‘walking the plank.’ Audio narration brings the story to life in this enhanced eBook, while word-for-word highlighting text makes it easy for the reader to follow along. Pirate Plunder Blunder is sure to thrill young Spidey fans as they immerse themselves in the excitement of Team Spidey's latest heroic adventure! Read about more of Team Spidey's amazing adventures in these books! Spidey and His Amazing Friends: Construction DestructionSpidey and His Amazing Friends: Team Spidey Does it All! Comic ReaderSpidey and His Amazing Friends: Panther PatienceSpidey and His Amazing Friends: Meet Team SpideyWorld of Reading: Spidey Saves the DayWorld of Reading: Super Hero Hiccups


Paradise Plundered

Paradise Plundered
Author: Steven P. Erie
Publisher: Stanford University Press
Total Pages: 360
Release: 2011-08-15
Genre: Political Science
ISBN: 0804782180

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The early 21st century has not been kind to California's reputation for good government. But the Golden State's governance flaws reflect worrisome national trends with origins in the 1970s and 1980s. Growing voter distrust with government, a demand for services but not taxes to pay for them, a sharp decline in enlightened leadership and effective civic watchdogs, and dysfunctional political institutions have all contributed to the current governance malaise. Until recently, San Diego, California—America's 8th largest city—seemed immune to such systematic governance disorders. This sunny beach town entered the 1990s proclaiming to be "America's Finest City," but in a few short years its reputation went from "Futureville" to "Enron-by-the-Sea." In this eye-opening and telling narrative, Steven P. Erie, Vladimir Kogan, and Scott A. MacKenzie mix policy analysis, political theory, and history to explore and explain the unintended but largely predictable failures of governance in San Diego. Using untapped primary sources—interviews with key decision makers and public documents—and benchmarking San Diego with other leading California cities, Paradise Plundered examines critical dimensions of San Diego's governance failure: a multi-billion dollar pension deficit; a chronic budget deficit; inadequate city services and infrastructure; grandiose planning initiatives divorced from dire fiscal realities; an insulated downtown redevelopment program plagued by poorly-crafted public-private partnerships; and, for the metropolitan region, inadequate airport and port facilities, a severe underinvestment in firefighting capacity despite destructive wildfires, and heightened Mexican border security concerns. Far from a sunny story of paradise and prosperity, this account takes stock of an important but understudied city, its failed civic leadership, and poorly performing institutions, policymaking, and planning. Though the extent of these failures may place San Diego in a league of its own, other cities are experiencing similar challenges and political changes. As such, this tale of civic woe offers valuable lessons for urban scholars, practitioners, and general readers concerned about the future of their own cities.


Taking Economics Seriously

Taking Economics Seriously
Author: Dean Baker
Publisher: MIT Press
Total Pages: 48
Release: 2010-04-02
Genre: Political Science
ISBN: 0262291533

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A leading economist's exploration of what our economic arrangements might look like if we applied basic principles without ideological blinders. There is nothing wrong with economics, Dean Baker contends, but economists routinely ignore their own principles when it comes to economic policy. What would policy look like if we took basic principles of mainstream economics seriously and applied them consistently? In the debate over regulation, for example, Baker—one of the few economists who predicted the meltdown of fall 2008—points out that ideological blinders have obscured the fact there is no “free market” to protect. Modern markets are highly regulated, although intrusive regulations such as copyright and patents are rarely viewed as regulatory devices. If we admit the extent to which the economy is and will be regulated, we have many more options in designing policy and deciding who benefits from it. On health care reform, Baker complains that economists ignore another basic idea: marginal cost pricing. Unlike all other industries, medical services are priced extraordinarily high, far above the cost of production, yet that discrepancy is rarely addressed in the debate about health care reform. What if we applied marginal cost pricing—making doctors' wages competitive and charging less for prescription drugs and tests such as MRIs? Taking Economics Seriously offers an alternative Econ 101. It introduces economic principles and thinks through what we might gain if we free ourselves from ideological blinders and get back to basics in the most troubled parts of our economy.


Dik Browne's Hägar the Horrible

Dik Browne's Hägar the Horrible
Author: Chris Browne
Publisher: Jove Publications
Total Pages: 128
Release: 1992
Genre: Humor
ISBN: 9780515108842

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He might have a rough exterior, but Hagar's got a heart of gold--the 14-carat kind. With his merry bunch of Vikings, Hagar continues his blundering, plundering ways--racking up sales with each voyage.


The Great Financial Crisis

The Great Financial Crisis
Author: John Bellamy Foster
Publisher: NYU Press
Total Pages: 162
Release: 2009-01-01
Genre: Business & Economics
ISBN: 1583673687

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In the fall of 2008, the United States was plunged into a financial crisis more severe than any since the Great Depression. As banks collapsed and the state scrambled to organize one of the largest transfers of wealth in history, many—including economists and financial experts—were shocked by the speed at which events unfolded. In this new book, John Bellamy Foster and Fred Magdoff offer a bold analysis of the financial meltdown, how it developed, and the implications for the future. They examine the specifics of the housing bubble and the credit crunch as well as situate current events within a broader crisis of monopoly-finance capitalism—one that has been gestating for several decades. It is the "real" productive economy’s tendency toward stagnation, they argue, that creates a need for capital to find ways to profitably invest its surplus. But rather than invest in socially useful projects that would benefit the vast majority, capital has constructed a financialized "casino" economy that neglects social needs and, as has become increasingly clear, is fatally unstable. Written over a two-year period immediately prior to the onset of the crisis, this timely and illuminating book is necessary reading for all those who wish to understand the current situation, how we got here, and where we are heading.


Animal Spirits

Animal Spirits
Author: George A. Akerlof
Publisher: Princeton University Press
Total Pages: 261
Release: 2010-02-01
Genre: Business & Economics
ISBN: 1400834724

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From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economy The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government—simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life—such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes—and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits—the powerful forces of human psychology that are afoot in the world economy today. In a new preface, they describe why our economic troubles may linger for some time—unless we are prepared to take further, decisive action.


Rhyming English couplets

Rhyming English couplets
Author: Mulki Radhakrishna Shetty
Publisher: Pentagon Press
Total Pages: 626
Release: 2009
Genre: Couplets, English
ISBN: 9788182743618

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False Profits

False Profits
Author: Dean Baker
Publisher: Berrett-Koehler Publishers
Total Pages: 185
Release: 2011-01-15
Genre: Political Science
ISBN: 1609944771

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Dean Baker, codirector of the Center for Economic and Policy Research recounts the strategies used by the country’s top economic policymakers to conceal their failure to recognize the housing bubble or take steps to rein it in before it grew to unprecedented levels, resulting in the loss of millions of jobs, homes, and the life savings of tens of millions of people. He quashes dire warnings of looming rampant inflation and spiraling debt with solid historic evidence to the contrary—evidence that supports more stimulus, not less. With a dose of optimism, Baker outlines a thoughtful progressive program for rebuilding the economy and reshaping the financial system, including new financial transaction taxes that will reduce or eliminate economic waste while providing stimulus and incentives where and when they are most needed.