This is what Keynes came up with in the midst of the Great Depression of the 1930's, when unemployment rates in the U.S. exceeded 25% and the growth rate of real GDP declined steadily for the next decade. ... This is how they thought: In looking at a graph, (attached), we see that the equilibrium level of GDP, (Y1), lies below the natural level, (Y2). ...
Highly readable for all its charts and graphs, Phillips's book offers a refreshing--and, of course, controversial--blend of economic history and social criticism. ... The trouble is that similar symptoms don't necessarily reflect similarity in causes and conditions: the fact that the British had to enlist ''foreigners to aid or run chemical and electrical industries'' may have been a sign of their imminent decline, but the influx of skilled Asian workers, many of whom have become American citizens, into Silicon Valley during the 1990's has contributed to the ...
The parental instinct is a driving force as we move from the selfish teenage years into the stable and forward-thinking years of our 20's and 30's. ... According to the 2000 US Census/Demography Study, there are approximately 4,000,000 homosexuals living in the United States and less than 4% of those are raising children (Graph: Gay Households with Children). ...
The large tropical wave encountered a large upper-level trough over the eastern Atlantic a couple days after leaving Africa which resulted in an extensive area of showers and thunderstorms, but was not strong enough for the development of the hurricane itself (Eric S. ... More specifically quantitative data (numbers) was collected through the reading of multiple statistics as well as many graphs and charts in order to better comprehend how many people were affected by the natural disaster. ...