Boom or Bust

Boom or Bust
Author: Sheena B. Stief
Publisher: University of Oklahoma Press
Total Pages: 221
Release: 2021-04-01
Genre: History
ISBN: 0806169982

A vast number of studies have documented the economic and geological effects of oil production, but the impact of boom-and-bust cycles on individuals and communities has received less attention. Boom or Bust remedies this gap by highlighting the personal experiences of those directly affected in an economy dominated by oil and natural gas production. The Permian Basin is one of the largest oil-producing regions in the United States. People who live there have benefited from explosive growth, only to see opportunities vanish with sudden industry downturns. In 2016, the National Endowment for the Humanities funded a grant for the study and collection of energy narratives in this economically volatile region. Boom or Bust derives from that community initiative and offers a unique contribution to the developing field of energy humanities. The oil-field industry may seem to be all about numbers, but as Boom or Bust demonstrates, residents of oil-and-gas country, whether they work in the oil field or not, are at the mercy of an ever-shifting economy. When the price of oil rises, companies move in and newcomers flood the area, expanding the employment force. And as the population booms, so does the infrastructure of cities. When prices drop, though, families must make difficult choices: whether to stay put or follow the oil to another location. With the ensuing declines in population, small businesses close their doors and unemployment levels rise. Despite the inevitable declines and despite the increase in alternative energy resources, many West Texans feel a sense of pride that borders on patriotism. Boom or Bust reveals the full complexity of boomtown culture.

The Housing Boom and Bust

The Housing Boom and Bust
Author: Thomas Sowell
Publisher: Basic Books (AZ)
Total Pages: 194
Release: 2009-05-12
Genre: Business & Economics
ISBN: 0465018807

Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.

Boom, Bust, Exodus

Boom, Bust, Exodus
Author: Chad Broughton
Publisher: Oxford University Press, USA
Total Pages: 425
Release: 2015
Genre: Business & Economics
ISBN: 0199765618

Recounts the closing of Maytag's Galesburg, Illinois plant and its relocation to Reynosa, Mexico, and details how the economic shift affected individuals in both cities.

Boom Bust & Echo

Boom Bust & Echo
Author: David K. Foot
Publisher:
Total Pages: 334
Release: 2000
Genre: Business & Economics
ISBN:

Looks at the importance of demographics in predicting future trends. Considers what baby boomers, baby busters, the echo generation and others can expect in the years ahead.

Boom and Bust

Boom and Bust
Author: Royce Kurmelovs
Publisher: Hachette Australia
Total Pages: 184
Release: 2018-08-28
Genre: Business & Economics
ISBN: 0733638732

This is a cautionary tale. About greed, irresponsibility and failing to learn from the past. Australia's mining boom is still talked about with a sense of awe. This once-in-a-lifetime event capped off 25 straight years of economic growth. Thanks to mining we sidestepped the worst of the Global Financial Crisis. To the rest of the world Australia was an economic miracle. And then the boom ended. Now Australia is grappling with what that means at a time of rising economic inequality and political upheaval. The end of the boom isn't about money - it's about people. Boom and Bust looks at what happens to those who came into vast wealth only to watch it dry up. To those who thought they had a good job for life, but didn't. The bust didn't just happen on stock-market screens - it was lived, and is still being lived right now, in dusty towns and cities all around the country. As he did in his bestselling book The Death of Holden, Royce Kurmelovs reveals the reality behind the headlines. Boom and Bust is a dirt-under-the-nails look at the winners, the losers and the impact of the boom that wasn't meant to end. This is a book all Australians should read. 'Brilliant and powerful' Nick Xenophon on Royce Kurmelovs' THE DEATH OF HOLDEN

Sustaining Russia's Arctic Cities

Sustaining Russia's Arctic Cities
Author: Robert W. Orttung
Publisher: Berghahn Books
Total Pages: 274
Release: 2016-11-01
Genre: Social Science
ISBN: 178533316X

Urban areas in Arctic Russia are experiencing unprecedented social and ecological change. This collection outlines the key challenges that city managers will face in navigating this shifting political, economic, social, and environmental terrain. In particular, the volume examines how energy production drives a boom-bust cycle in the Arctic economy, explores how migrants from Muslim cultures are reshaping the social fabric of northern cities, and provides a detailed analysis of climate change and its impact on urban and industrial infrastructure.

Trafficking

Trafficking
Author: Berkeley Rice
Publisher: Scribner Book Company
Total Pages: 336
Release: 1989
Genre: Political Science
ISBN:

A detailed case study of the rise and fall of the four year Air America cocaine ring.

Boom and Bust

Boom and Bust
Author: William Quinn
Publisher: Cambridge University Press
Total Pages: 297
Release: 2020-08-06
Genre: Business & Economics
ISBN: 1108369359

Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.

Boombustology

Boombustology
Author: Vikram Mansharamani
Publisher: John Wiley & Sons
Total Pages: 287
Release: 2011-02-08
Genre: Business & Economics
ISBN: 1118028570

A multi-disciplinary framework through which to spot financial bubbles before they burst. Based on a popular undergraduate seminar, entitled Financial Booms & Busts, taught by the author at Yale University, Boombustology presents a multi-disciplinary framework for identifying unsustainable booms and forthcoming busts. The magnitude of our recent financial crisis mandates a firm understanding of this phenomenon before the next crisis occurs. Boombustology provides an in-depth look at several major booms and busts and offers a solid framework for thinking about future occurrences. Examines why booms and busts are not random and can therefore be identified Focuses upon various theoretical and disciplinary lenses useful in the study of booms and busts Contains a framework for thinking about and identifying forthcoming financial bubbles including several tell-tale indicators of a forthcoming bust. Illustrates the framework in action by evaluating China as a potential bubble in the making. If you want to make better decisions in today’s turbulent investment environment, understanding the dynamics of booms and busts is the best place the start. Boombustology can help you achieve this elusive goal. Vikram Mansharamani is a Lecturer at Yale University and a global equity investor.

The Flexible Stance

The Flexible Stance
Author: Bill Conerly
Publisher:
Total Pages:
Release: 2016-01-02
Genre:
ISBN: 9780996765701

Visualize a baseball game. A fast runner is on first base, looking to steal second. The runner takes a lead, then plants himself in a flexible stance. He's ready to run in either direction: to second base if he gets a chance to steal, or back to first base if the pitcher tries to pick him off. Using that stance in business is the subject of Dr. Bill Conerly's latest book, The Flexible Stance: Thriving in a Boom/Bust Economy.The economic outlook is uncertain--this year and in the future. Economists failed to predict the recessions of 2008, 2001, 1990 and 1982. Technology is changing faster than ever before, forcing businesses to confront different consumer demands as well as new production processes. Social attitudes also change faster in a more connected world. Gay marriage, marijuana and GMOs are all cases where public thinking changed rapidly. New competitors are springing up, such as Amazon in industrial supplies and Uber versus taxis. On top of these issues, government policy has moved in unprecedented directions, with highly uncertain results.The flexible stance is hard for business leaders, who usually rose to top positions using the sprinter's stance: focus on the tape 100 meters away, looking neither left nor right. Traditional corporate planning tries to develop the one perfect forecast of the future, then optimizes the company for that scenario. Unfortunately, the future often does not cooperate.Techniques for a more flexible stance include evaluating everyday decisions with an eye to whether they enable adjustment to change or inhibit adjustment. Contingency plans should be developed for both upside and downside possibilities. Faster execution reduces risk. Diversification can increase flexibility sometimes--but not always. The successful business leaders of the future will be humble about their ability to predict the future, but aggressive in developing flexibility to thrive whatever the future brings.