Category: Week 15: Great Recession
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The Great Recession
In Ages of American Capitalism, Jonathan Levy explains how the Great Recession of 2007 challenged many long-standing beliefs about capitalism…
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Economic Rapture
The great economic rapture, as I am calling it, did not start with the Great Recession but this moment in…
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The Obama Administration’s Response to the Great Recession
Although there perhaps was a departure from the conservative consensus in terms of the opinions of the public, the Obama…
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The Power of Financial Institution During The 2008 Recession
The response from the Obama administration to the 2008 financial crisis used indirect government intervention to prevent market forces from…
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Continuity in Crisis
In many ways, the Obama administration’s response to the Great Recession of 2007 and 2008 was a continuation of, rather…
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How did the technology of the Great Recession change in 2007-08?
I think the Great Recession of 2007-08 shook many of the central tenants of the conservative consensus =-namely, a faith…
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New Horror Site: Zillow in 2008
Historian Jonathan Levy writes, “what most distinguishes the Age of Chaos is a shift in what has always been capitalism’s…
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Week 15
During the recession, Obama continued Bush’s policies of bailouts for financial institutions. This goes to the economic principle that stabilizing…
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The economy or something?
With the 2008 recession and the election of Obama, the conservative consensus was shaken. Obama ran on a financial platform…
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Ages of Capitalism
The Obama administration moved towards liberalism. In Levy’s article, he says that the administration tried to stabilize the economy instead…