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Titlebook: Bubbles, Booms, and Busts; The Rise and Fall of Donald Rapp Book 2015Latest edition Springer Science+Business Media New York 2015 Booms and

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期刊全称Bubbles, Booms, and Busts
期刊简称The Rise and Fall of
影响因子2023Donald Rapp
视频video
发行地址Large number of clear graphs provide ease in reading and understanding.Provides summary analyses and quotations by many of world‘s best minds that have dealt with financial bubbles in the past.Pulls t
图书封面Titlebook: Bubbles, Booms, and Busts; The Rise and Fall of Donald Rapp Book 2015Latest edition Springer Science+Business Media New York 2015 Booms and
影响因子.This book deals at some length with the question: Since there are many more poor than rich, why don’t the poor just tax the rich heavily and reduce the inequality? In the 19th century and the first half of the 20th century, the topic of inequality was discussed widely. Ending or reducing inequality was a prime motivating factor in the emergence of communism and socialism. The book discusses why later in the 20th century, inequality has faded out as an issue. Extensive tables and graphs of data are presented showing the extent of inequality in America, as well as globally.  It is shown that a combination of low taxes on capital gains contributed to a series of real estate and stock bubbles that provided great wealth to the top tiers, while real income for average workers stagnated. Improved commercial efficiency due to computers, electronics, the Internet and fast transport allowed production and distribution with fewer workers, just as the advent of electrification, mechanization, production lines, vehicles and trains in the 1920s and 1930s produced the same stagnating effect..
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Turning Inwards through Meditation,ion of assets, and external events. Most financial bubbles are based on reasonable expectations for growth in productivity from new developments, but quickly get out of hand when assets are bought and sold only for resale to a new investor. The second part of this book reviews most of the major fina
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The Nature of Manias, Bubbles, and Crashes,John Kenneth Galbraith (JKG) pointed out,
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