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The article reports on the financial performance of Lee & Man Paper Manufacturing for the year ending March 31, 2009. The paper and pulp manufacturer posted a 79 percent fall in annual net profit which it attributed to low orders and less prices caused by the financial crisis. Revenue slipped 7.2 percent to 9.65 Hong Kong dollars.

Twenty months into a deep recession, the real estate market is battered and the print news media are doing even worse. What kind of time is this for a money-losing publisher to start a print publication about real estate? A perfect one, according to Jared Kushner, owner of The New York Observer, who is about to introduce The Commercial Observer, a weekly newspaper on the commercial real estate market in New York City. The first issue will be published Sept. 15. [ABSTRACT FROM PUBLISHER]

In this economy, even counterfeiters are trading down. After years of knocking off luxury products like $2,800 Louis Vuitton handbags, criminals are discovering there is money to be made in faking the more ordinary -- like $295 Kooba bags and $140 Ugg boots. In California, the authorities recently seized a shipment of counterfeit Angel Soft toilet paper. [ABSTRACT FROM AUTHOR]

The article discusses the author's personal experience with the band Oasis and their impact on his life. The author reflects on the band's reunion and the joy it brings to him and his son, who is a professional musician. The author acknowledges that Oasis is not the best band and that they have borrowed from other artists, but still appreciates their ability to take the past and make it better. The author also discusses the power of music in his own life and its ability to bring him closer to God. Overall, the article highlights the positive influence of Oasis and music in general. [Extracted from the article]

Economists have criticized Prime Minister Anthony Albanese's defense of negative gearing, arguing that curbing the tax break is necessary to address the housing crisis. The issue gained attention after reports that Treasury officials were considering scaling back negative gearing and the capital gains tax discount. Albanese has stated that his party will not make changes to negative gearing because it will not address housing supply. However, economists argue that removing negative gearing would improve housing affordability and reduce competition in the market. They also emphasize that the housing crisis requires multiple solutions, not just changes to negative gearing. [Extracted from the article]

The article discusses alleged errors in a 2010 research study conducted by economists Carmen M. Reinhart and Kenneth Rogoff, highlighting the effect of Reinhart and Rogoff's work on governments' attitudes towards austerity measures following the global financial crisis of 2008. Topics addressed include the relationship between growth and debt, and a paper challenging Reinhart and Rogoff's work by economists Thomas Herndon, Michael Ash, and Robert Pollin.

The article discusses Larry Summers, who is stepping down as director of the National Economic Council. Summers' position for the deregulation and privatization of the financial industry and his support of the U.S. Cramm-Leach-Bliley Act. His tenure as president of Harvard University and the scandal that resulted in his removal from this position is discussed. The global financial crisis that began in 2008 and Summers' role as developing U.S. economic policy to deal with the problem is discussed. The author discusses his documentary film, "Inside Job," which features interviews with economists such as Martin Feldstein, Frederic Mishkin, and John Campbell.

The article discusses the role of the history of capitalism in the context of economic history. Topics include the history of social and economic history during the 20th century, the relation between economics and history as disciplines, and the impact of the 2008 global financial crisis on the study of capitalism. The relation of economic history to globalization is noted.

The article discusses the roles that academic economists played in the 2008 global financial crisis and the ways in which financial industry regulators failed to forecast the crisis, adapted from the author's book "A Capitalism for the People: Recapturing the Lost Genius of American Prosperity."

Last year, Joseph C. Nunes, a professor of marketing at the University of Southern California, published a paper with two colleagues in the Journal of Consumer Psychology titled ''Conspicuous Consumption in a Recession: Toning It Down or Turning It Up?'' Examining product lines from Louis Vuitton and Gucci developed right before the financial crisis of 2008 and during the recession, the researchers concluded that despite the predictable musings of the popular press forecasting diminished ostentation, showiness was thriving. Logos were far more prominently displayed on products introduced during the recession than they were on products that went out of circulation, they determined. Prices were raised, and the profits of the companies hardly suffered as a result. While those living in TriBeCa lofts furnished with reclaimed wood, folk art and flax bed linens might find this paradoxical, marketing theorists do not. Citing previous research on luxury shopping that divides affluent consumers into two groups -- ''patricians'' and ''parvenus'' -- Dr. Nunes and his partners argued that the latter group, ever intent on deriving status through what it buys, remained resistant to the pressures others felt during difficult times to appear restrained in their habits. [ABSTRACT FROM AUTHOR]

The article provides an overview of the books and academic papers about the financial crisis and its consequence suggested by U.S. Federal Reserve (Fed) chief Ben Bernanke during the hearing of the Financial Crisis Inquiry Commision on September 2, 2010, including the book "Lords of Finance," by Liaquat Ahamed.

In the heady days of the Dubai gold rush, when real estate sold and resold even before a shovel hit the ground, the ambitious emirate was hailed as the model of Middle Eastern modernity, a boomtown that built an effective, efficient and accessible form of government. Then the crash came and revealed how paper-thin that image was, political and financial analysts said. That realization, not just in Dubai but also in Abu Dhabi, the oil-rich capital of the United Arab Emirates, has cast a harsh light on an opaque, top-down decision-making process, not just in business but in matters of crime and punishment as well, political and financial analysts said. [ABSTRACT FROM PUBLISHER]

MANY grandparents want to provide a financial cushion for their grandchildren in the future. Bobbie Abrams, 76, has a more pressing concern: helping them with current expenses. Ms. Abrams, whose grandparents were Russian immigrants who founded the Hudson Pulp and Paper Corporation, has six grandchildren, ages 12 to 27. After one of her sons died of cancer 19 years ago, leaving two young children, and her daughter, Carolyn Abrams-Dyer, was suddenly widowed in 1997 while pregnant with her third child, Ms. Abrams used family money to pay for private school, college and graduate school tuition, orthodontia, summer camp and more. [ABSTRACT FROM PUBLISHER]

The article reports on the ways to increase fraud protection during economic crisis in the U.S. According to the Association of Certified Fraud Examiner's 2008 annual report, U.S. organizations lose seven percent of their annual revenue due to internal fraud. The author advises that one should segregate check-signing and check-reconciling functions, reconcile financial statements regularly, and review accounts online daily.

The article explores ways in which European universities are being impacted by government austerity measures, or efforts to reduce public spending, due to the global financial crisis that began in 2008. Particular emphasis is given to increased tuition costs, reductions in services offered to students, and the elimination of job opportunities for college professors that have resulted from such higher education budget cuts. It also examines youth unemployment in Spain, comments on the increased government regulations of higher education in Portugal, and describes the financial instability of academic libraries in Spain.

The article discusses the history of the capitalist economic system in the U.S. and examines ways in which this system has been impacted by the Great Recession, the U.S. economic recession beginning in 2007. It describes the Keynesian economic theories that have shaped market economy growth and loss in the U.S. business cycle since the Great Depression and examines how U.S. foreign trade deficits and government debt have had an effect on the global economy. It also explores ways in which worldwide urbanization and global warming pose a potential threat to the future of the social structures implemented by the capitalist system in the U.S. and abroad.

The article presents the author's views on the challenges faced by Australian politics including federalism, increased expenses of Australian Labor Party (ALP) and country's revenue in 2014-2015. It informs about the increased marginal income tax rate by Great Britain's Prime Minister David Cameron with an aim of overcoming financial crisis.

The author argues against austerity and Keynesian economics after the 2008 Global Financial Crisis, and mentions issues such as the political aspects of economic policy in the U.S., the 2010 Greek financial crisis, and financial sector management. Books such as "Keynes: Return of the Master" by Robert Skidelsky, "The Body Economic: Why Austerity Kills" by David Stuckler and Danjay Basu, and "Austerity: The History of a Dangerous Idea" by Mark Blyth are cited, and federal debt and bank bailouts in Europe are mentioned.

The article discusses the success of the U.S. university system, which combines elements of English undergraduate education with the German model of graduate specialization and research. It notes that U.S. universities are responsible for most of the innovations in modern life, such as the laser, the algorithm for Google searches and FM radio. It notes the post-World War II science policy which provided taxpayer dollars for basic research. It points out threats to the model which come from within the U.S., including changes in foreign visa policies which exclude some researchers, requirements for scientists to register their research, which led many to abandon it, cuts to university funding in response to the financial crisis of 2008-2009, and commercialization of intellectual property.

The article discusses the relationship of 21st-century humanity to the natural world and analogizes it to a Ponzi scheme similar to Bernard Madoff's amoral relationship to his clients and the financial world. It quotes retail analyst Victor Lebow saying there was a deliberate effort after World War II to make consumption the American way of life in order to allow the economy to remain productive. It notes that use of antibiotics is a Ponzi scheme of sorts in that large-scale use creates resistant germs which require more and more antibiotics. It points out that the Great Recession of 2008-2009 was the result of a Ponzi scheme. It argues against the belief that a healthy environment depends on a strong economy, reversing it to say that a strong economy depends on a healthy environment.

The article discusses the use of interdisciplinary cooperation between economists and social sciences for the making of economic policy. Topics include the use of economic history to compared the 2008 Global Financial Crisis to the Great Depression of the 1930s, the bounded rationality theory of economists Daniel Kahneman and Amos Tversky, and the use of normal accident theory by scholar Anke Muessig.

The article focuses on strategies adopted by the Southeast Washington, D.C. couples David Mills and Danielle Mills to get rid of a debt free life. It states better ways for money spending habits, use of extra money to pay down credit cards and to pay loans. Reviews by Economists and experts on the great recession began on September 15, 2008 and the bankruptcy filing by the financial giant, Lehman Brothers Holdings Inc.

The article offers the author's insights on the definition and meaning of work as people are pressured to seek and create jobs as a result of the global financial crisis.

The author reflects on what his generation will be labeled with. The achievements and disasters in his generation are cited including the fall of the World Trade Center twin towers, the election of the first black U.S. president, and the invention of a handheld computer device. He considers what the future will be like in light of the economic recession. The conclusion that the next generation will determine how his generation will be remembered is raised.

The author reflects on the accomplishment of the National Urban League affiliates in the U.S. in 2010 on various sectors of the society affected by the great recession of 2008 including health care, education, and economic empowerment.

In this article the author discusses the stability of Hispanic businesses in San Diego, California during the economic crisis.

The article discusses a report from the Council of Graduate Schools which notes that applications from international students to American graduate schools increased seven percent for 2010-2011 over the previous year. This represents reversal of a three-year slowing of applications. The number is significant because of reliance of U.S. graduate programs on international talent. Factors involved include worldwide economic turmoil, availability of financial aid, and competing opportunities.

The article presents research results which it sees as obvious. Women who wear high heeled shoes have more foot pain than those who wear sneakers. About one in ten young adults have been forced to move in with their parents because of the economic crisis. People who smoke marijuana crave sweet foods. Using a lubricant during sex makes it more enjoyable for most people.

The author discusses how colleges who depend on tuition to meet their expenses are faring during the global financial crisis of 2008-2009. He notes that such colleges are accustomed to living frugally. He states that at Sarah Lawrence College, where he teaches, major construction is not part of the college's vision of itself, the bureaucracy is kept lean in favor of a high faculty to student ratio, faculty are hired for their teaching rather than celebrity status, and sports are peripheral.

A personal narrative is presented in which the author recounts her experience of graduating from college in the midst of the global financial crisis of 2008-2009.

The author argues that it is in scholars' own interest to purchase scholarly books by others. He notes that the publishing industry has been hurt by the global financial crisis of 2008-2009, by retrenching of state budgets which affects state universities, and by the tendency in the digital revolution to think of publishers as insignificant. He notes, that the failure of scholars to buy one another's books is an often overlooked factor. He praises those who do, but focuses more on those who complain that books are expensive and on those who expect complimentary copies. He notes the importance of careful, accurate editing and the tendency for universities to expect their presses to turn a profit. He says that if people do not buy the books, scholarly publishing will disappear.