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Author: David Stockman
Publisher: PublicAffairs
ISBN: 1586489135
Category : Political Science
Languages : en
Pages : 770
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Book Description
A New York Times bestseller The Great Deformation is a searing look at Washington's craven response to the recent myriad of financial crises and fiscal cliffs. It counters conventional wisdom with an eighty-year revisionist history of how the American state -- especially the Federal Reserve -- has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America's private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few. Defying right- and left-wing boxes, David Stockman provides a catalogue of corrupters and defenders of sound money, fiscal rectitude, and free markets. The former includes Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed national financial discipline and the Bretton Woods gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered our present scourge of bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian "borrow and spend" policies that have driven the national debt to perilous heights. By contrast, the book also traces a parade of statesmen who championed balanced budgets and financial market discipline including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, and Sheila Bair. Stockman's analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base -- even as the Fed's massive money printing allowed politicians to enjoy "deficits without tears." But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers and punishing family budgets with soaring food and energy costs. The Great Deformation explains how we got here and why these warped, crony capitalist policies are an epochal threat to free market prosperity and American political democracy.
Author: David Stockman
Publisher: PublicAffairs
ISBN: 1586489135
Category : Political Science
Languages : en
Pages : 770
Get Book Here
Book Description
A New York Times bestseller The Great Deformation is a searing look at Washington's craven response to the recent myriad of financial crises and fiscal cliffs. It counters conventional wisdom with an eighty-year revisionist history of how the American state -- especially the Federal Reserve -- has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America's private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few. Defying right- and left-wing boxes, David Stockman provides a catalogue of corrupters and defenders of sound money, fiscal rectitude, and free markets. The former includes Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed national financial discipline and the Bretton Woods gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered our present scourge of bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian "borrow and spend" policies that have driven the national debt to perilous heights. By contrast, the book also traces a parade of statesmen who championed balanced budgets and financial market discipline including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, and Sheila Bair. Stockman's analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base -- even as the Fed's massive money printing allowed politicians to enjoy "deficits without tears." But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers and punishing family budgets with soaring food and energy costs. The Great Deformation explains how we got here and why these warped, crony capitalist policies are an epochal threat to free market prosperity and American political democracy.
Author: David Stockman
Publisher: Public Affairs
ISBN: 1586489127
Category : Political Science
Languages : en
Pages : 770
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Book Description
A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.
Author:
Publisher:
ISBN:
Category : Earthquake prediction
Languages : en
Pages : 622
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Book Description
Author: Stefano Aversa
Publisher: CRC Press
ISBN: 1315349205
Category : Science
Languages : en
Pages : 3200
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Book Description
Landslides and Engineered Slopes. Experience, Theory and Practice contains the invited lectures and all papers presented at the 12th International Symposium on Landslides, (Naples, Italy, 12-19 June 2016). The book aims to emphasize the relationship between landslides and other natural hazards. Hence, three of the main sessions focus on Volcanic-induced landslides, Earthquake-induced landslides and Weather-induced landslides respectively, while the fourth main session deals with Human-induced landslides. Some papers presented in a special session devoted to "Subareal and submarine landslide processes and hazard” and in a “Young Session” complete the books. Landslides and Engineered Slopes. Experience, Theory and Practice underlines the importance of the classic approach of modern science, which moves from experience to theory, as the basic instrument to study landslides. Experience is the key to understand the natural phenomena focusing on all the factors that play a major role. Theory is the instrument to manage the data provided by experience following a mathematical approach; this allows not only to clarify the nature and the deep causes of phenomena but mostly, to predict future and, if required, manage similar events. Practical benefits from the results of theory to protect people and man-made works. Landslides and Engineered Slopes. Experience, Theory and Practice is useful to scientists and practitioners working in the areas of rock and soil mechanics, geotechnical engineering, engineering geology and geology.
Author: Guojian Wang
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110596334
Category : Science
Languages : en
Pages : 406
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Book Description
The book introduces fundamental principles, phase structure, mechanism, mechanical properties, and different types of multicomponent polymers. Rheological properties, graft copolymers, block copolymers and interpenetrating polymer networks are discussed in detail as well. With abundant illustrations, it is an essential reference for polymer chemists, material scientists and graduate students.
Author: Cassandra C. Wang
Publisher: World Scientific
ISBN: 9814407690
Category : Business & Economics
Languages : en
Pages : 302
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Book Description
This book effectively challenges the conventional wisdom regarding the cluster-innovation relationship and provides convincing evidence to show that the prevailing theoretical models derived from AngloOCoAmerican experiences cannot be uncritically applied to Chinese reality. This book introduces a new theory of state-firm coordination to explain why and how some Chinese ICT firms have turned out to be more innovative than others. Perspectives from the viewpoint of economic geography, institutional economics, political science, and regulation theory have been provided to throw light on the enigma that is China's ICT industry. Empirically, the book provides state-of-the-art findings to clarify the confusion and misunderstanding about the exact nature of the ICT industry in China. This book has essentially set a new baseline and made definitive contribution to knowledge production about China's economic geography. Methodologically, it shows how original, critical, and independent research can be undertaken effectively and innovatively through cross-disciplinary theoretical interaction, deductive reasoning with hypotheses testing, combination of multiple means of data collection; integration of quantitative and qualitative methods; and structured presentation of research findings with extensive tabular, graphic, and cartographic illustrations.
Author: Garry D. Karner
Publisher: Columbia University Press
ISBN: 9780231127387
Category : Nature
Languages : en
Pages : 376
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Book Description
Traditionally, investigations of the rheology and deformation of the lithosphere (the rigid or mechanically strong outer layer of the Earth, which contains the crust and the uppermost part of the mantle) have taken place at one scale in the laboratory and at an entirely different scale in the field. Laboratory experiments are generally restricted to centimeter-sized samples and day- or year-length times, while geological processes occur over tens to hundreds of kilometers and millions of years. The application of laboratory results to geological systems necessitates extensive extrapolation in both temporal and spatial scales, as well as a detailed understanding of the dominant physical mechanisms. The development of an understanding of large-scale processes requires an integrated approach. This book explores the current cutting-edge interdisciplinary research in lithospheric rheology and provides a broad summary of the rheology and deformation of the continental lithosphere in both extensional and compressional settings. Individual chapters explore contemporary research resulting from laboratory, observational, and theoretical experiments.
Author: United States. Congress. House. Select Committee on U.S. National Security and Military/Commercial Concerns with the People's Republic of China
Publisher:
ISBN:
Category : China
Languages : en
Pages : 8
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Book Description
Transmittal letter.
Author: Piroska Mohácsi Nagy
Publisher: Edward Elgar Publishing
ISBN: 9781781959374
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
An analysis in political-economic terms of how certain groups of the managerial-banker elite in Russia grab power and wealth to a highly unusual degree in modern history. The book draws together various pieces of evidence to offer a convincing overall picture.
Author: Hanhua Zhu
Publisher: Springer
ISBN: 9811018936
Category : Science
Languages : en
Pages : 125
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Book Description
This book presents essential methods of deformation compatibility control, and explicitly addresses the implied conditions on the methods’ deformation compatibility. Consequently, these conditions can be considered in engineering structure design, while the conditions on stable equilibrium can be taken into account in the design method. Thus, the designed deformation and the actual deformation of the respective structure are approximately identical, guaranteeing both the flexibility of the construction material in force transmission and the equilibrium of force in the structure. Though equilibrium theory in engineering structures has been extensively studied, there has been comparatively little research on compatibility. In the limited researches available, the topics are primarily the theories and assumptions on the deformation compatibility, while few systematic works focus on the mechanical theoretical principles and methods of deformation compatibility control. As such, the flexibility of the construction material in force transmission and the stable equilibrium of the structure as a whole cannot be guaranteed based on these research results. Successfully addressing this important gap in the literature, the book is intended for researchers and postgraduates in engineering mechanics, civil engineering and related areas.
