After 08

The 2007-08 financial crisis marked a turning point for social policy. World leaders were forced to take a position: Should they entrench neo-liberal policies in response to the crisis? Or should they implement alternative measures to challenge economics as usual? This volume explores how international organizations and nation states in Europe, Asia, Africa, Latin America, and North America responded to the recession. Contributors examine whether social policy followed a similar trajectory across countries and regions or whether their diverse national experiences produced equally diverse solutions.

Critics have long suggested that August Wilson, who called blues "the best literature we have as black Americans," appropriated blues music for his plays. After August insists instead that Wilson’s work is direct blues expression. Patrick Maley argues that Wilson was not a dramatist importing blues music into his plays; he was a bluesman, expressing a blues ethos through drama. Reading Wilson’s American Century Cycle alongside the cultural history of blues music, as well as Wilson’s less discussed work—his interviews, the polemic speech "The Ground on Which I Stand," and his memoir play How I Learned What I Learned—Maley shows how Wilson’s plays deploy the blues technique of call-and-response, attempting to initiate a dialogue with his audience about how to be black in America. After August further contends that understanding Wilson as a bluesman demands a reinvestigation of his forebears and successors in American drama, many of whom echo his deep investment in social identity crafting. Wilson’s dramaturgical pursuit of culturally sustainable black identity sheds light on Tennessee Williams’s exploration of oppressive limits on masculine sexuality and Eugene O’Neill’s treatment of psychologically corrosive whiteness. Today, the contemporary African American playwrights Katori Hall and Tarell Alvin McCraney repeat and revise Wilson’s methods, exploring the fraught and fertile terrain of racial, gender, and sexual identity. After August makes a significant contribution to the scholarship on Wilson and his undeniable impact on American drama.

This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007–08. Sluggish investment was a key channel through which these losses registered, accompanied by long-lasting capital and total factor productivity shortfalls relative to precrisis trends. Policy choices preceding the crisis and in its immediate aftermath influenced postcrisis variation in output. Underscoring the importance of macroprudential policies and effective supervision, countries with greater financial vulnerabilities in the precrisis years suffered larger output losses after the crisis. Countries with stronger precrisis fiscal positions and those with more flexible exchange rate regimes experienced smaller losses. Unprecedented and exceptional policy actions taken after the crisis helped mitigate countries’ postcrisis output losses.

This book provides insight into the impact the 2007/8 financial crisis and subsequent Great Recession had on American fiction. Employing an interdisciplinary approach which combines literary studies with anthropology, economics, sociology, and psychology, the author attempts to gauge the changes that the crisis facilitated in the American novel. Focusing on four books, Elizabeth Strout’s My Name Is Lucy Barton, Philipp Meyer’s American Rust, Sophie McManus’s The Unfortunates, and William Gibson’s The Peripheral, the study traces how they present such issues as poverty, wealth, equality, distinction, opportunity, and how they relate both to traditional criticisms of consumer culture and the US economy, particularly those issues that have received more attention as a result of the crisis. It also tackles the issue of genre and interpretation in this period, as well as what methods the analyzed novels employ in order to highlight the decreasing social mobility of Americans.

Contains staff section reports of the U.S. 3rd Army on the Western Front during World War II.

The magical eighth installment in this New York Times and USA Today bestselling series! My brother, Jonah, and I just want to TALK to the magic mirror -- we're not planning on traveling into any fairytales today. Promise.Except we do wind up going through the mirror, this time into the story of The Frog Prince. The princess, who's supposed to transform the cute little frog back into a handsome prince, turns out to be super rude. Jonah and I decide we don't want -- or need -- her help. We can take matters into our own hands and turn the frog into a prince ourselves! Can't we?Now we just have to:- Climb out of a smelly well- Canoe over a waterfall- Sneak into a palace- Kiss a frog (ack)!And there's no time to waste -- let's hop to it!

The New York Times bestseller "Blinder's book deserves its likely place near the top of reading lists about the crisis. It is the best comprehensive history of the episode... A riveting tale." - Financial Times One of our wisest and most clear-eyed economic thinkers offers a masterful narrative of the crisis and its lessons. Many fine books on the financial crisis were first drafts of history—books written to fill the need for immediate understanding. Alan S. Blinder, esteemed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board, held off, taking the time to understand the crisis and to think his way through to a truly comprehensive and coherent narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we can do from here—mired as we still are in its wreckage. With bracing clarity, Blinder shows us how the U.S. financial system, which had grown far too complex for its own good—and too unregulated for the public good—experienced a perfect storm beginning in 2007. Things started unraveling when the much-chronicled housing bubble burst, but the ensuing implosion of what Blinder calls the “bond bubble” was larger and more devastating. Some people think of the financial industry as a sideshow with little relevance to the real economy—where the jobs, factories, and shops are. But finance is more like the circulatory system of the economic body: if the blood stops flowing, the body goes into cardiac arrest. When America’s financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected—and fragile—the global financial system is. Some observers argue that large global forces were the major culprits of the crisis. Blinder disagrees, arguing that the problem started in the U.S. and was pushed abroad, as complex, opaque, and overrated investment products were exported to a hungry world, which was nearly poisoned by them. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government’s actions, particularly the Fed’s, were previously unimaginable. And to an amazing—and certainly misunderstood—extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen again.

This book examines the intellectual and institutional transformations of four British think tanks in the aftermath of the 2008 global financial crisis. In the context of a crisis of expert authority, González Hernando demonstrates how these organisations modified their mode of public engagement to be seen as authoritative as possible by an ever more mistrustful public. British Think Tanks After the 2008 Global Financial Crisis connects sociological thinking on knowledge with research on policy change and the economic debate, through careful analysis of interviews, public accounts, and the ‘products’ of think tanks themselves. González Hernando argues that demands for knowledge and advice that arose after the crisis energised the work of all four think tanks while also exposing internal tensions, affecting their sources of funding, transforming their institutional structure, and shaping how they engage with their audiences. It will appeal to students and scholars of sociology of knowledge, political sociology, policy studies, economic history, communication, political economy, organisational sociology, and British politics