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A College Freshman History Text on the Stock Market Crash of 1987.
American: A Narrative History
| 2004
| George Brown Tindall and David Shi
Posted on 08/22/2006 10:51:02 AM PDT by mcvey
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To: ichabod1
Yes and the same type of people are now creating a "poor economy" out of 4.8 % unemployment.
It is all in the spin.
141
posted on
08/22/2006 2:10:38 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: sauropod
142
posted on
08/22/2006 2:10:41 PM PDT
by
sauropod
(Giving money and power to government is like giving whiskey and car keys to teenage boys." PJO)
To: KellyAdmirer
Yes, indeed. And, of course, when there's no market in option X, then one gets to deal with the well-known (cough, choke...) ''settlement committee'', which may or may not have any grasp of reality at any given time, but is utterly guaranteed to have a good deal of self-interest in the settle price. Hope your chap's marks weren't
too foul!
Marty Schwartz' book Pit Bull, as well as my own little effort, have some, er, choice comments about various phases of mkt action that day.
143
posted on
08/22/2006 2:12:36 PM PDT
by
SAJ
To: Will_Zurmacht
You know, we have used Tindall and Shi off and on for years. I think its the best of its type and keeps me below the radar.
But I can point to numerous places where I do know things and it is wrong and always on the left side of being wrong.
I think some things are so emotional for writers that they let myth get in the way.
144
posted on
08/22/2006 2:12:58 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: LS
"...multiple, mutually-exclusive explanations for the Great Depression."
Incoherence never stopped a liberal academic - it won't even make most of them pause for breath!! :^)
p.s. Clearly we are all still suffering badly from what "Reaganomics" did to the US economy.
145
posted on
08/22/2006 2:15:06 PM PDT
by
Enchante
(There are 3 kinds of lies: Lies, Damned Lies, and Mainstream Journalism)
To: CatoRenasci
The odd thing is that what may have been a very technical correction, aided by technology not quite under control, may have actually helped the market.
In any instance, there seems to have been no backing off of foreign investment and no, as you put it, "malevolent" greed.
146
posted on
08/22/2006 2:15:32 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: RinaseaofDs
Which burns my fanny.
Meese was exonerated and the text is written so that students will believe he is rotting in Sing Sing or some similar place.
147
posted on
08/22/2006 2:16:50 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: defenderSD
Dear DSD:
Trust me, most of them are worse.
You should read the hatchet job done in Eric Foner's textbook--which I have been able to stave off using.
Here's a little story: we all get to agree on a textbook for history. But our far far leftist wanted something to her taste, so she created an American Studies course so that she could use Zinn's People's History.
148
posted on
08/22/2006 2:19:16 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: Petronski; LS
So many of our texts are like that. Ask LS--we see the same mistakes, some times word for word, in text after text. It's dishonest, but it allows professors to eat Brie.
/cynicism
149
posted on
08/22/2006 2:21:19 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: Syberyenta
I may be building a course around historical bias. Which will royally p*ss off my colleagues.
150
posted on
08/22/2006 2:22:20 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: Redmen4ever
"Finally, commentators who use any problem in free market-oriented, democratic countries to justify their basically cynical world view are just revealing their prejudices."
Trust me . . . they would be happy to admit that they are prejudiced (for the common good, of course.)
151
posted on
08/22/2006 2:24:13 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: Enchante
Paul Johnson is anything but a liberal academic.
His problem here is that he is not particularly an economic historian.
And he is very dependent on his researchers.
But he is the best overall, except for LS--whose textbook my department would NEVER buy.
McVey
152
posted on
08/22/2006 2:26:47 PM PDT
by
mcvey
(Fight on. Do not give up. Ally with those you must. Defeat those you can. And fight on whatever.)
To: mcvey
Whoops!! I know that, but I didn't realize LS was referring to Paul Johnson with that comment. Slap me on the head and remind me not to rush through the thread so fast.....
153
posted on
08/22/2006 2:29:24 PM PDT
by
Enchante
(There are 3 kinds of lies: Lies, Damned Lies, and Mainstream Journalism)
To: mcvey
Whatever happened to the book on American history by Thomas Bailey (of Stanford, iirc)? That was our US history textbook in high school.
154
posted on
08/22/2006 3:45:05 PM PDT
by
defenderSD
(The concept of national martyrdom, combined with nuclear weapons, is extremely dangerous.)
To: mcvey
Do you teach at a college or a high school or a middle school?
155
posted on
08/22/2006 3:48:13 PM PDT
by
defenderSD
(The concept of national martyrdom, combined with nuclear weapons, is extremely dangerous.)
To: TR Jeffersonian
156
posted on
08/22/2006 3:49:15 PM PDT
by
kalee
To: Al Gator
Absolutely. The theory was that part of his deal was secret testimony that nailed Milken.
157
posted on
08/22/2006 4:04:25 PM PDT
by
LS
To: Piranha
It's my understanding, based on the "Predator's Ball," the inside story of the junk bond era, that Boesky did provide evidence that at least began the conviction of Milken. (What tipped it was that the feds had Milken's brother on some minor charge).
158
posted on
08/22/2006 4:05:48 PM PDT
by
LS
To: Enchante
But I wasn't referring to a lib---I was talking about Paul Johnson, who has the money supply exploding in the 20s (prices fell, and it never kept up with mfg. growth), then simultaneously blaming the Fed for constricting credit. (He's right there).
159
posted on
08/22/2006 4:07:04 PM PDT
by
LS
To: mcvey
Actually, at the high school level (not yet exposed at the college level) there is widespread plagiarism, as many of the same bots work on all the texts!
160
posted on
08/22/2006 4:07:55 PM PDT
by
LS
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