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Papers On Economic History
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Stock Market Disasters / 1929 vs. 1987 # 2
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Both the 1929 and 1987 stock market crashes are evaluated in this 8 page analysis. The role of the Federal Reserve Board is discussed in reference to the plunges taken during those fateful years. Some history on the FRB is provided as well. Bibliography lists 7 sources.
Filename: Stockfrb.wps

Stock Prices: Common Determinants in the 1920s and 1990s
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A 10 page paper contending that the events we have seen in the stock market since the beginning of the Twenty-first Century have a definite resemblance to those witnessed in the stock market crash of the 1920s. The author contends that these periods were preceded by exceedingly high stock prices, prices which weren’t, in fact, supported by a number of the pricing indicators which are typically used to gauge a stock’s true worth. This paper reviews several of those indicators. Bibliography lists 5 sources.
Filename: PPstock2.rtf

Sweden's Economy
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A 12 page paper discussing the economy of Sweden. Sweden's welfare state is legendary. The government provides support to individuals in virtually every aspect of their lives, yet without venturing so far into socialism that individuals are unable to determine and follow their own paths. The cost of free university education; health care for only a nominal fee; and 15 months maternity leave at 80 percent of salary is the highest personal and corporate tax rates in the world. Though tax rates of between 50 and 60 percent would be crushing in other nations and stall economies, they have worked quite well in Sweden in the past. There is concern that the situation can continue, but of course the Swedish government is aware of the challenges before it. Bibliography lists 5 sources.
Filename: KSeconSweden.rtf

Taiwan and United States Economic History:
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9 pages in length. American economic policies have had a vast impact on Taiwan in recent years; one of the most dramatic of Taiwan's economic downturns was that of the Asian economic crisis. This paper takes a look at the relationship between the economies of the two countries. Bibliography lists 14 sources.
Filename: JGAtaiwn.wps

The “Public Good” as a Benefit to Tourism
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A 5 page paper discussing public infrastructure’s influence on promoting tourism. In "The Wealth of Nations," Adam Smith discussed the responsibility of government to erect and maintain those structures and systems that would be too costly for individuals or groups of individuals. Smith’s point was that the structure itself may not be too costly in terms of initial outlay, but that it would be difficult or impossible for those responsible for the structure’s construction to recoup their investment. The paper uses the example of Sydney’s Opera House as a “draw” for Australian tourism and the benefits that other areas and private business receives as a result. Bibliography lists 1 source.
Filename: KSeconSmithPub.rtf

The 1929 Stock Market Crash
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A 5 page research paper on the 1929 stock market crash. The writer recounts how the nation was told, up until the crash actually occurred, that everything was all right. The details of the crash are given, along with a brief synopsis of where the country stood when the Depression bottomed out in 1932. Bibliography lists 6 sources.
Filename: 90crash.rtf

The 1999 Interest Rate Hike in England
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This 7 page paper presents a critical analysis of the rise in interest rates brought on by the Bank of England. An overall macroeconomic analysis is provided along with explanations of monetarism versus Keynesian economic theory. Projections for the future health of the English economy are included. Bibliography lists 9 sources.
Filename: SA002Eng.rtf

The Always-Functional Business Cycle
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A 3 page paper discussing the four phases of the business cycle, the boom-and-bust turns that lead capitalist economies through periods of recession, recovery, expansion and then back to recession. The business cycle has been operational literally for centuries, despite the fact that people who know better regularly try to proclaim it to be dead. Bibliography lists -3 sources.
Filename: KSeconBmBst.rtf

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