Don't expect another Great Depression Keynes is still with us

From: International Herald Tribune | Date: January 4, 2003| Author: Robert A. Levine | Copyright information


International Herald Tribune

01-04-2003

Economic forecasts for the new year are uniformly gloomy: slow growth at best; perhaps renewed recession; maybe even dreaded deflation, a downward spiral of falling price levels spreading around the globe. Deflation increases the burden of debt on those who have borrowed at high prices but must repayout of deflated incomes; Argentina provides an international example. The specter of the 1930s is conjured up. In fact, deflation is ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

World War I in Europe 1914-1918 -- North America,United States, Map
Maps.com (Historical Maps) ; 00-00-0000 World War I in Europe 1914-1918 -- North America,United States, Map
Nazis and Good Neighbors: The United States Campaign Against the Germans of Latin America in World War II
Journal of Third World Studies ; Friedman, Max Paul., Nazis and Good Neighbors: The United States Campaign Against the Germans of Latin America in World War II. New York: Cambridge University Press, 2003. 359 pp. In the years leading up to the outbreak of World War II and well into the war itself, the United States pursued German
To Win the Peace: British Propaganda in the United States During World War II
Journalism History ; Brewer, Susan A. To Win the Peace: British Propaganda in the United States During World War II Ithaca, N.Y.: Cornell University Press, 1997. 269 pp. $39.95. In her study of British World War II propaganda in the United States, Susan Brewer portrays efforts to influence the postwar world by guiding
UNITED STATES COMMENDS OUTCOME OF THE TRIAL OF WORLD WAR II WAR CRIMINAL DINKO SAKIC
Regulatory Intelligence Data ; 00-00-0000 The United States commends the prosecution, verdict and sentence of World War II war criminal Dinko Sakic, announced today in the County Court of Zagreb, Croatia. Sakic was found guilty of war crimes for his actions as commander of the infamous World War II concentration camp at
Ideals Divide, Unite United States, France, North Carolina Professor Says.
Knight Ridder/Tribune Business News ; By Tim Simmons, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News Oct. 13--The American Revolution. World War II. Political conflicts in Algeria. American involvement in Vietnam. Each of these marks a notable point in the ...
NO CLEAR AND PRESENT DANGER: A Skeptical View of the United States Entry into World War II.(Review)
The Australian Journal of Politics and History ; By Bruce Russett. Boulder, Co.: Westview Press, 1997. pp. 111. No price given. No Clear and Present Danger is a re-publication of an influential World War II revisionist study, prepared at the height of the Vietnam anti-war movement, which argued that Britain and Soviet Russia probably could have
World War II Veterans last hope in the forthcoming state visit of Pres. Arroyo to the United States.(Opinion & Editorial)
Manila Bulletin ; AT the conclusion of World War II, there were about 400,000 surviving veterans. Since then, that number continuously diminished because of old age and sickness and by this time there are only about fifty thousand. But despite their decreasing number, WW II veterans' strong resolve to struggle for
Pox Americana. (United States' involvement in post W.W. II military conflicts leading up to the Persian Gulf War)
Monthly Review ; POX AMERICANA The recent war in the Persian Gulf is the latest in a long series of U.S. actions dating back to the second half of the 1940s. They include large-scale military interventions, major regional wars, counterrevolutionary subversions, low-intensity conflicts, and proxy wars. Let us run
WORLD WAR I LAUNCHED THE AMERICAN CENTURY; THE UNITED STATES WAS NOT VIEWED AS A WORLD POWER AT THE BEGINNING OF THIS CENTURY.(EDITORIAL)
The News & Record (Piedmont Triad, NC) ; Byline: WILLIAM MCKENZIE It's easy for baby boomers and younger generations of Americans to assume that their country has been an international power throughout this century. For those weaned on stories about Normandy, Midway and North Africa, we may forget that World War II was not America's only
FORMER MEMBER OF NAZI KILLING UNIT IS DEPORTED FROM THE UNITED STATES
Regulatory Intelligence Data ; 00-00-0000 WASHINGTON, D.C. -- Kazys Ciurinskas, a Crown Point, Indiana man who served as an armed member of a Nazi-sponsored killing battalion during World War II, permanently departed the United States for Lithuania, the Department of Justice announced. Ciurinskas, 81, was ordered removed from