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Annotated Bibliography - Essay Example

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Annotated Bibliography

The author showed that inequality in America is rising faster than in any developed nation in the world. This is alarming, because if this is not addressed by the government, there would be social unrest and discontent, that can result in bigger problems for America in the future.
The authors showed how politics can be used to do good by creating economic wealth and also to do bad by affecting the decisions of people where to spend their money. The article is an eye-opener that showed how wrong government policies result in social problems. It also shows that politics is not always good, and that the people in a democracy have to do their share to prevent political abuses from taking place.
This paper compares the level of poverty in different nations, including rich ones like America, the U.K., and Japan. It addresses the issue of inequality among the rich and the poor and how the middle class is affected by speculative behavior.
This is a short but straight-to-the-point article on the spread of sub-prime mortgages in communities where people try to match the others in wealth, even if they cannot afford it. Through word-of-mouth, people who do not need loans learn to justify their borrowing even if they cannot pay them, worsening what is already a bad situation.
The authors developed a ...Show more

Summary

This offers a good summary of the main reasons why mortgage financing institutions went bankrupt and why the housing bubble took place. The article also gives a good look at how legislators work for the people, investigating cases of economic and financial crisis and finding ways to solve them by passing legislation…
Author : gerholdbrenda
Annotated Bibliography Essay essay example
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