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Expert contributors examine the recent actions of the Federal Reserve and suggest directions for the Fed going forward by drawing on past political, historical, and market principles. They explain how the Fed arrived at its current position, offer ideas on how to exit the situation, and propose new market-based reforms that can help keep the Fed on the road to good monetary policy in the future.
The US higher education system is on the verge of a revolution, so some observers claim. Archibald and Feldman, leading analysts, provide an incisive overview of the challenges facing and possibilities for America's universities and colleges in their training future generations. And they demonstrate that our higher education system is resilient and adaptable enough to weather the internal, external, and technological threats without changing campuses beyond recognition. The Road Ahead for America's Colleges and Universities examines the threats posed to the current health of higher education by rising tuition and falling government support, as well as from new digital technologies rippling through the entire economy. Some predict disaster, pointing to high costs, exploding debt, and a digital tsunami that supposedly will combine to disrupt and sweep away many of the nation's higher education institutions, or change them beyond recognition. Archibald and Feldman provide a more nuanced view. They argue that the bundle of services that four-year colleges and universities provide will retain its value for the traditional age range of college students. Less certain, Archibald and Feldman argue, is whether the system will continue to be a force for social and economic opportunity. The threats are most dire at schools that disproportionately serve America's most underprivileged students. At the same time, growing income inequality reduces the ability of many students and their families to pay for higher education. Archibald and Feldman suggest a range of policy options at the state and federal level that will help America's higher education system continue to fulfill its promise.
In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of the Federal Reserve. Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in End the Fed, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.
Collects the transcripts of a series of lectures given by Federal Reserve Chairman Ben Bernanke about the 2008 financial crisis as part of a course at George Washington University on the role of the Federal Reserve in the economy.
College tuition has risen more rapidly than the overall inflation rate for much of the past century. To explain rising college cost, the authors place the higher education industry firmly within the larger economic history of the United States.
America's future depends on a vibrant highway system capable of supporting industry and the travel needs of its citizens. The country's highway system can trace its roots to the movements of major armies in colonial times, such as British General Braddock using George Washington's assistance in a disastrous attack of French forces defending Ft. Duquesne. These early roads developed into the engineering marvels of today's modern highway system. But this system is in serious trouble. Inadequate funding and poor management are responsible for its gradual deterioration, and along with it, the U.S. economy. A broad range of solutions can solve this problem, some of which involve transforming public transportation agencies into privately operated utilities. Many of these exciting solutions also offer the potential to solve America's funding problems. This book is must-reading for anyone concerned with America's future, as it shows us The Road Ahead... About the Author: Philip Tarnoff received an electrical engineering degree from Carnegie Mellon University and a master's degree from New York University. He is retired from his most recent full-time job as director of a research center at the University of Maryland. Tarnoff was the president of a major transportation systems integrator and is currently working part-time as a consultant. He is also chairman of the board of a start-up company that produces devices for measuring traffic flow. He lives in Rockville, Maryland http: //SBPRA.com/PhilipTarnoff
Archibald and Feldman, leading observers of the scene, provide an incisive overview of the challenges facing and possibilities for America's universities and colleges in their training future generations.