Social and Behavioral Sciences | Open Access Articles

Community Development Or Business Promotion? A Look At Sports-Led Economic Development, John P. Pelissero, Beth Henschen, Edward Sidlow

John P. Pelissero

No abstract provided.

The U.S. No Longer Makes The Grade: Economic Inequality Put An End To The 'American Century', David S. Mason

David S. Mason

In his State of the Union address last January, U.S. President Barack Obama said that "anyone who tells you that America is in decline or that our influence has waned, doesn't know what they're talking about." Former Utah Gov. Jon Huntsman, when in the race for the 2012 Republican presidential nomination, warned that unless Americans changed directions, they would see the "end of the American century by 2015." As bright and capable as both of these politicians are, they are both whistling in the wind. The American century - the post-World War II era of U.S. global leadership and dominance …

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Implementing Dodd-Frank: A Review Of The Cftc‟S Rulemaking Process: Testimony, Michael Greenberger

Michael Greenberger

The Relationship of Unregulated OTC Derivatives to the Meltdown. It is now accepted wisdom that it was the non-transparent, poorly capitalized, and almost wholly unregulated over-the-counter (“OTC”) derivatives market that lit the fuse that exploded the highly vulnerable worldwide economy in the fall of 2008. Because tens of trillions of dollars of these financial products were pegged to the economic performance of an overheated and highly inflated housing market, the sudden collapse of that market triggered under-capitalized or non-capitalized OTC derivative guarantees of the subprime housing investments. Moreover, the many undercapitalized insurers of that collapsing market had other multi-trillion dollar …