...average wage (blue). Within this graph, the visual inequalities are apparent. Starting in 1982, the red line of the graph has had exponential growth, creating a further gap between both green and blue lines. The green line rose around one hundred percent. Lastly, the blue line rising minimally within the same time period. This graph highlights the severe inequalities that have been caused by trickle-down capitalism, which has put money in the pockets of the rich since the 1980s. President Ronald Reagan introduced his Reaganomics in the United States, while Margaret Thatcher introduced Thatcherism, both being the cornerstones which brought trickle-down economics into the limelight. The graph makes the situation visually disturbing through the vast discrepancies. Showing every year that for the majority of society, wages have stayed stagnant. Productivity, which the working class runs, has doubled since the 1980s relating to little wage increase for the working class. The graph representing trickle-down economics presents the idea that this discrepancy will continue to grow, with the trends of the elites rising. Country X is most likely the United States but also represents the economic breakdown of all trickle-down supply-side economic countries, such as Great Britain and India. These countries follow the principle that allowing the rich to achieve generational wealth allows for the betterment of society, as the wealth will “trickle down” to all. As depicted within the graph, this...
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...0 Essay 3 Foreign Policy 1945-1972 ..................................................................................................... 8 3.1 Berlin ....................................................................................................................................... 8 3.2 Korea ....................................................................................................................................... 9 3.3 Berlin Wall ............................................................................................................................. 10 3.4 Cuba ...................................................................................................................................... 10 4.0 Essay 4: How did the US become involved in Vietnam and why did it escalate in the 1960’s? ..... 11 5.0 Essay 5 Harry Truman ..................................................................................................................... 14 6.0 Essay 6: Lyndon Johnson ................................................................................................................. 16 7.0 Essay 7: Moon...
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...Readings for American History Since 1877 Historiography in America...................................................................................................................................................... 2 How to teach history (and how not to) ................................................................................................................................ 6 How Ignorant Are Americans? ........................................................................................................................................... 9 The West ............................................................................................................................................................................... 11 The Education of Native Americans ................................................................................................................................. 11 Bury My Heart at Wounded Knee .................................................................................................................................... 15 Prostitution in the West: .................................................................................................................................................... 17 The Gilded Age ..................................................................................................................................................................... 21 The Duties of American Citizenship ...........................
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... Afghan Mellat Online Library www.afghan-‐mellat.org.uk _December 2001_ I became what I am today at the age of twelve, on a frigid overcast day in the winter of 1975. I remember the precise moment, crouching behind a crumbling mud wall, peeking into the alley near the frozen creek. That was a long time ago, but it's wrong what they say about the past, I've learned, about how you can bury it. Because the past claws its way out. Looking back now, I realize I have been peeking into that deserted alley for the last twenty-‐six years. One day last summer, my friend Rahim Khan called from Pakistan. He asked me to come see him. Standing in the kitchen with the receiver to my ear, I knew it wasn't just Rahim Khan on the line. It was my past of unatoned** sins. After I hung up, I ...
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...THE MARKET WIZARDS CONVERSATIONS WITH AMERICA'S TOP TRADERS JACK D. SCHWAGER HarperBusiness You've got to learn how to fall, before you learn to fly. —Paul Simon One man's ceiling is another man's floor. —Paul Simon If I wanted to become a tramp, I would seek information and advice from the most successful tramp I could find. If I wanted to become a failure, I would seek advice from men who had never succeeded. If I wanted to succeed in all things, I would look around me for those who are succeeding and do as they have done. —Joseph Marshall Wade (as quoted in a Treasury of Wall Street Wisdom edited by Harry D. Schultz and Samson Coslow) 2 Contents Preface...................................................................................................................................................4 Acknowledgments ................................................................................................................................5 Prologue ................................................................................................................................................6 My Own Story ......................................................................................................................................7 Part I-Futures and Currencies ...........................................................................................................9 Taking the Mystery Out of Futures.................................
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.............................................................. 17 More on Marginal Utility and the Effect of Prices ............................................................................ 19 Individual and Social Goals .............................................................................................................. 20 Positive and Normative Economics .................................................................................................. 21 Economic Systems and their Characteristics ..................................................................................... 21 The Basic Economic Questions ........................................................................................................ 22 What and how much to...
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... London First published in Great Britain in 2003 Reprinted 2006 A & C Black Publishers Ltd 38 Soho Square, London W1D 3HB © P. H. Collin 2003 All rights reserved. No part of this publication may be reproduced in any form or by any means without the permission of the publishers A CIP record for this book is available from the British Library eISBN-13: 978-1-4081-0221-3 Text Production and Proofreading Heather Bateman, Katy McAdam A & C Black uses paper produced with elemental chlorine-free pulp, harvested from managed sustainable forests. Text typeset by A & C Black Printed in Italy by Legoprint Preface Economics is the basis of our daily lives, even if we do not always realise it. Whether it is an explanation of how firms work, or people vote, or customers buy, or governments subsidise, economists have examined evidence and produced theories which can be checked against practice. This book aims to cover the main aspects of the study of economics which students will need to learn when studying for examinations at various levels. The book will also be useful for the general reader who comes across these terms in the financial pages of newspapers as well as in specialist magazines. The dictionary gives succinct explanations of the 3,000 most frequently found terms. It also covers the many abbreviations which are often used in writing on economic subjects. Entries are also given for prominent economists, from Jeremy Bentham to John Rawls, with short biographies...
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