StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Book Report/Review example - Financial Crisis

Only on StudentShare
Book Report/Review
Pages 9 (2259 words)
Introduction: The paper aims at providing explanation on the current recession in the US and the reasons for the origination of the credit crunch using various newspaper sources and applying the Weber's explanation of value judgments and evidence on them to understand the different views expressed in them…

Extract of sample

(Hoenisch 2006). It clearly states that facts and information are different from values that exist in a judgment. We understand that a fact or evidence leading to a judgment is different from a value judgment. However, the question here is do facts and evidences on a situation enable us to make value based judgments
While we explore factual and perceptual information of the US recession, let us go over each piece of news from the leading dailies, over the last one year and carefully analyze and arrive at a consensus through Weber's dichotomy understanding of facts and values. It is essential to arrive at a clear cut estimation of facts and the information stated in these dailies to understand their different views and the origination of the credit crunch.
Body: Let us start off with the latest on the US recession. The Guardian reports "The US unemployment rate has hit a 26-year high after employers shed 663,000 jobs in March to cope with plunging demand for goods and deteriorating economic conditions.
The March figures were in line with economists' forecasts and they had little immediate impact on the financial markets. The Dow Jones Industrial Average was likely to open marginally higher at the opening bell on Wall Street.There was a degree of relief that the numbers were not worse. ...
Download paper
Not exactly what you need?

Related papers

Financial Upheavals. Financial crisis
The aftermaths of any such business cycle may vary from being modest to remorseless hinging upon its magnitude and continuance. History show that the American economy has moved through periods of boom, recession and recovery. The years 1837, 1893 and 1929 help retrace the occurrence of three major depressions in United States (Calomiris 2010). The downturns of 1857, 1873, and 1907 are also…
10 pages (2510 words)
The financial crisis
Lehman Brother’s was one of the major victims of this crisis, and its bankruptcy acted as a catalyst in such a situation. The decline of Lehman Brothers started with the abolition of the Glass-Steagall Act. This is considered as one of the legislative acts which influenced the financial institutional structure of US. This was a seminal event that intensified the financial crisis of 2008. About…
15 pages (3765 words)
Italian Financial Crisis
This crisis also altered the landscape politically, with the predominance of Lega Nord’s in government and there was a shift toward their aims in government policy. This paper aims to discuss the financial crisis in Italy. The collapse in 2008 of Lehman Brothers represents Italy’s economic emergency starting point. During the financial crises, initial stages, Italian investors and banks had…
Financial Crisis of 2007
This led to domination of speculative activities in the economy. Speculators are only interested in short term gain from the economy. Thus the long term yield on assets is not properly ensured. In the process of globalization, the role of nation-state has been undermined by the economies. Due to the lack of fiscal intervention of governments for ensuring sustaining growth, global finance and…
7 pages (1757 words)
Financial Crisis Dissertation
Every corporation comprises of two different stakeholders - the share holders and the managers - that normally are face off with each other. The shareholders are interested to maximize their wealth and hence tend to take higher risks in anticipation of higher gains whereas the managers tend to take lower risks to ensure lower managerial overheads and easy going life in the corporation. Denis &…
60 pages (15060 words)
South Korea Financial Crisis
South Korea's economy was in dire straights in at the beginning of this crisis, but it was able to lift itself out of impending problems by taking these various steps of reconstruction.…
40 pages (10040 words)