The U.S. is a property owning civilization and a number of the people wanted land and housing. Americans however scarcely ever create savings. "The country itself lives on other countries' savings by issuing bonds to finance its excessive consumption. The current crisis began with cheap housing loans offered by banks. Banks provided loans but instead of holding the loan in their books, they packaged them into collateralized debt obligations (CDOs)

Hidden Connections The advent of the information technology brought a revolutionary change in the way we think and apply science. Historically, inquiry in science has been based on a model that is connected point A to point B. And closely resembles occam's razor. Fritjof Capra was at the forefront of a new change -- a radical way of looking at things -- something called "systems thinking." In a way this was

Government Subsidized Student Loans Have Economic Costs but Political Benefits Higher education has become increasingly important in the contemporary world scenario today where globalization has led to a higher need for a skilled labor force that is mobile and that is well-versed in the academic disciplines followed all over the world. In fact university education is starting to be seen as a hallmark for success, even though there are college drop

Economic Development Between China and Russia Both China and Russia have changed the way they operate in recent years, and that change has been a long time coming. The adjustments the countries have made are overdue, in that they should have been performed years ago in order to keep the countries on track and provide better economic growth for the people who call them home. As such, both China and

Many see themselves as a David fighting the Goliath (Kozinets & Handelman, 2004). 'Evil' is a common terms used to describe either the practices of corporations or corporations themselves or ends to which consumers use their money. Consumers are generally seen as being "unreflective, unaware, and amoral or immoral" (Kozinets & Handelman, 2004, p.698) and "incapable or disinclined to reflect on their own consumer behaviors from a systemic point-of-view

permissive attitude towards London sailor-town exist during the 1850-1860, and how did it change during the 1900-1910? The main Theories Fronted Although the marine community came from diverse backgrounds, the seafarers ashore had acquired a debauched image long before the 16th Century. The seafarers have won the appraisal of researchers for their role since then. According to Lee[footnoteRef:1], seafarers had delinked themselves from the usual expected bonds and roles in society