Analysis of Articles about Economic Growth Annotated Bibliography

Analysis of Articles about Economic Growth - Annotated Bibliography ExampleThe author showed evidence to support his argument that the recent housing commercialise boom bears many similarities to the stock foodstuff bubble of the late 1990s, and may eventually be followed by declining home prices for years to come. All this information helped me take in the real estate market more clearly therefore, I can deeply analyze the internal connections in both markets. Solomon, S. (1995). The confidence game How Unelected commutation Bankers atomic number 18 governing the changing earthly concern economy. New York Simon and Schuster. The author studied the interaction of the worlds financial markets by looking at the flair Central Bankers in the U.S., Germany, Japan, England, and France coordinate their economic decisions, whether related to interest rates, exchange rates or target economic growth and inflation rates. The book showed how the worlds financial markets are connected and c ontrolled by a small group of government officials and economists, which is frightening because people who are not elected are in control, but also somewhat reassuring because it also shows that different countries are helping each other to prevent the global financial crisis from happening. The news on the past bubbles, especially the 1987 Black Monday crash in the New York Stock Exchange, and how the market corrected to save itself from a major crisis, are very dramatic and a good learning experience. Tully, S. (2007, September 3). Risk returns with a vengeance. Fortune Magazine, 156 (4), 30-36. This is part of the same issue of Fortune Magazine on the market crash of 2007. This article is a discussion of the issue of risk, what it is, how it is measured, how banks and lenders try to avoid it, how borrowers regard it or not, and how overconfidence and greed result in the lowering of the intelligence of risk by the market. Although a bit cynical, since the author wrote that fina ncial markets seem to go from one crisis to another, the article is also very enlightening because it shows how a waive market economy makes adjustments that market forces learn to abuse.