Surviving Large Losses: Financial Crises, the Middle Class, and the Development of Capital MarketsListen to a short interview with Philip T. HoffmanHost: Chris Gondek | Producer: Heron & Crane |
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... Europe was not like Latin America . Western Europe in fact had a sizable middle class even before it industrialized , and the middle class grew during industrialization , even though the rich were amassing more wealth . The middle class ...
... Europe . In the Mexican countryside in 1910 , for example , only 2.4 percent of rural household heads owned land . 12 This sizable middle class in western Europe borrowed heavily to finance enterprises , and it also invested , creating ...
... Europe came to an end because of yet another crisis , this one after World War I. The war marked a turning point in the history of equality , suffrage , and taxation . To meet the enormous expense of the fighting , European countries ...
Contents
The Political Economy of Financial Crises | 9 |
Information and Crises | 31 |
Crises and the Middle Class | 64 |
Copyright | |
7 other sections not shown