Boom Bust And Beyond

Few financial crises, historically speaking, have attracted such attention as the Mississippi and South Sea Bubbles of 1719–20. The twin bubbles had major economic and political implications, sending shock waves through the whole of Europe; they astonished contemporaries, and, to a large extent, they still resonate today. This volume offers new readings of these events, drawing on fresh research and new evidence that challenge traditional interpretations. The chapters engage, in particular, with: the geographical frame of the 1719-20 bubbles their social, cultural, economic and political impact the ways in which contemporaries understood speculation the contributions and impact of a diverse array of participants popular and print memorialization of the events Overall, the volume helps to rewrite the history of the 1719–20 bubbles and to recontextualize their place within eighteenth-century history.

Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? Boom and Bust reveals why bubbles happen, and why some bubbles have catastrophic economic, social and political consequences, whilst others have actually benefited society.

Few financial crises, historically speaking, have attracted such attention as the Mississippi and South Sea Bubbles of 1719–20. The twin bubbles had major economic and political implications, sending shock waves through the whole of Europe; they astonished contemporaries, and, to a large extent, they still resonate today. This volume offers new readings of these events, drawing on fresh research and new evidence that challenge traditional interpretations. The chapters engage, in particular, with: the geographical frame of the 1719-20 bubbles their social, cultural, economic and political impact the ways in which contemporaries understood speculation the contributions and impact of a diverse array of participants popular and print memorialization of the events Overall, the volume helps to rewrite the history of the 1719–20 bubbles and to recontextualize their place within eighteenth-century history.

Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

DIVThe United States is coming off a period of growth and prosperity unlike anything the world has ever seen before./div

Looks at the importance of demographics in predicting future trends. Considers what baby boomers, baby busters, the echo generation and others can expect in the years ahead.

A century of life in Telegraph Cove as told by the resourceful and resilient women who turned this isolated coastal village into a tight-knit community. Telegraph Cove, one of Vancouver Island's most visited tourist destinations, has humble origins as a one-shack telegraph station, established a century ago. The community grew, first with a salmon saltery and sawmill, then with new industries developed by the ingenuity of the Cove's inhabitants. From the 1920s, Irish, Chinese, Japanese, German, Danish, Italian, and English community members, along with other old and new Canadians, were neighbours in a place accessible only by boat. In this book, more than 25 women tell their own stories and memories of life in the Cove. They faced down the impacts of isolation, hazardous terrain, war, occupation, immigration, internment, social change, economic development, community decline, and environmental degradation--remarkable, given that Telegraph Cove's population peaked at 60. From these lives come stories of resilience, resourcefulness, heartbreak, humour, and triumph. Boom & Bustdraws the reader in for an intimate view, accompanied by never-before-published archival photographs.