Boom And Bust 2016
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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.
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.
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.
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
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.
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.
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.
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.
Author | : Daniel Raimi |
Publisher | : Columbia University Press |
Total Pages | : 255 |
Release | : 2017-12-26 |
Genre | : Business & Economics |
ISBN | : 0231545711 |
Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.
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.