Word: post-world
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...know the precise point of the extreme, but today there are many things that tell me that fear is way over the top, not the least of which is the level of cash holdings by private households and businesses as a percent of GDP - it's at a post-World War II high. There's so much sideline buying power - dry powder - and everywhere you look and it shows up in the Fed's statements. Part of this is because the Fed is dumping so much in [to the economy] and part because people have gotten very liquid and "safe...
...Harry Truman once quipped. "It's a depression when you lose yours." What Reich and Morici seemed to be groping for - other than media exposure (mission accomplished!) - was a way to express that the current downturn may be a more serious phenomenon than other recessions of the post-World War II era. (See pictures of the recession...
...were discussed in a commemorative speech given by Visiting Professor of Law Richard J. Goldstone, followed by a panel discussion yesterday evening. The event, “The Genocide Convention at 60 Years: New Challenges or the Same Ones?” analyzed legal and humanitarian effects of the post-World War II convention—“its impact, its meaning, its relevance for the next 60 years,” said panel moderator Jennifer Leaning, a Harvard Medical School and School of Public Health professor. “Genocide was appropriately called by Winston Churchill the crime...
...beginning of the 1960s, though, liberalism was becoming a victim of its own success. The post-World War II economic boom flooded America's colleges with the children of a rising middle class, and it was those children, who had never experienced life on an economic knife-edge, who began to question the status quo, the tidy, orderly society F.D.R. had built. For blacks in the South, they noted, order meant racial apartheid. For many women, it meant confinement to the home. For everyone, it meant stifling conformity, a society suffocated by rules about how people should dress, pray, imbibe...
...Given not just the history, but also the intellectual and cultural history of Germany in the post-World War II period, German art offers fascinating insight into a variety of historical development.” Lentz said...