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Topic: Shock (economics)

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  Shock and Awe   (Site not responding. Last check: 2007-10-08)
Shock and awe were introduced in the manner that stealth aircraft penetrated enemy air defenses and surgically attacked center of gravity targets with impunity.
Shock and awe were also present in the degree that coalition forces owned the night and could rapidly maneuver large units in terrain thought to be foreign, imposing, and unforgiving for the predominantly U.S. forces.
Shock and awe are actions that create fears, dangers, and destruction that are incompre-hensible to the people at large, specific elements/sectors of the threat society, or the leadership.
www.shockandawe.com /shockappa.html   (4315 words)

 shock - Search Results - MSN Encarta
Shock, in physiology, state of acute circulatory insufficiency of the blood.
Electric Shock, in medicine, a serious, sometimes fatal physical injury caused by an accidental flow of electricity through the body.
- arrange grain sheaves in shock: to arrange sheaves of grain or corn in a shock
encarta.msn.com /encnet/refpages/search.aspx?q=shock   (187 words)

 Shock-Based Theories of the Cycle
Consequently, they argued, that single, large negative shock would be sufficient to draw the average output away from equilibrium output for a sufficiently long time to be considered a downswing.
Of course, it is not necessary that a large shock happen for the average to move.
Thus, whether by single large shocks or clusters of small shocks, the economy could experience a negative average which was sufficiently persistent to be classified as part of a cycle.
cepa.newschool.edu /het/essays/cycle/shock.htm   (997 words)

 shock - Columbia Encyclopedia article about shock (via CobWeb/3.1 planetlab2.tamu.edu)   (Site not responding. Last check: 2007-10-08)
shock, any condition in which the circulatory system circulatory system, group of organs that transport blood and the substances it carries to and from all parts of the body.
The term shock is also applied to a variety of other conditions such as electric shock electric shock, effect of the passage of a current of electricity through the body.
However, the effect of electric shock on the body depends not only on the strength of the current, but on such factors as wetness of the skin, area of contact, duration of contact, constitution of the victim, and whether or not the victim is well grounded.
columbia.thefreedictionary.com.cob-web.org:8888 /shock   (682 words)

 Shock therapy
Shock therapy is the deliberate and controlled induction of some form of physiological shock in an individual for the purpose of psychiatric treatment.
Although once common, with advances in psychiatric drugs shock therapy is now reserved for only severe cases of depression and bipolar disorder that do not respond to talk therapy or drug-based treatment.
Shock therapy is an attempt to produce these same changes artificially and under controlled conditions.
www.mrsci.com /Psychiatry/Shock_therapy.php   (761 words)

 Shock Therapy (economics) (via CobWeb/3.1 planetlab2.tamu.edu)   (Site not responding. Last check: 2007-10-08)
According to Professor Sachs, shock therapy traces its roots from the economic liberalization programme undertaken by post-war West Germany in the late 1940s.
The shocks took the form of sudden radical changes to the structure and incentives within economies.
What is not in doubt is that sudden changes to economic structure and incentives require changes to behaviour, financial flows and the structure of the economy that are not as rapid as the shocks that initiate them.
www.seattleluxury.com.cob-web.org:8888 /encyclopedia/entry/shock_therapy_(economics)   (533 words)

 International Economics Glossary: S
The economic benefits from trade that arise in static models, including the efficiency gains from exploiting comparative advantage, the reduced costs from scale economies, reduction in distortion from imperfect competition, and increased product variety.
An economic variable that is chosen with regard to, and sometimes with a view to influencing, economic behavior by someone else.
Economic development that is achieved without undermining the incomes, resources, or environment of future generations.
www-personal.umich.edu /~alandear/glossary/s.html   (4898 words)

 Field: Labor Economics
Thomas A. Mroz is a Professor in the Department of Economics, a Fellow in the Carolina Population Center, and a member of the Steering Committee for the Institute for Research in Social Science at the University of North Carolina, Chapel Hill.
Wilbert Van der Klaauw is an Associate Professor in the Department of Economics and a Research Fellow at the Carolina Population Center.
His general areas of research are labor economics and applied econometrics, with a particular interest in the study of life cycle labor supply and occupational choice decisions, the economic determinants of household formation and dissolution, and the study of educational investment and productivity.(home page)
www.unc.edu /depts/econ/fields/labor.html   (3129 words)

 Shock Therapy - AOL Music
Shock therapy is the deliberate and controlled induction of some form or...
Various types of shock therapy were common until the mid or late 20th century.
In economics, shock therapy refers to the sudden release of price and currency controls, withdrawal of state subsidies, and immediate trade liberalization...
music.aol.com /artist/shock-therapy/14243/main   (117 words)

 Shock therapy (economics) - Wikipedia, the free encyclopedia
In economics, shock therapy refers to the sudden release of price and currency controls, withdrawal of state subsidies, and immediate trade liberalization within a country.
Prominent economist Jeffrey Sachs was the foremost proponent of shock therapy for several emerging economies.
These free-market reforms became the basis of neoliberal economic theory, which gained momentum in Latin America during the 1980s due to a severe debt crisis that began in August 1982.
en.wikipedia.org /wiki/Shock_therapy_(economics)   (559 words)

Shock therapy is strongly regaining favor among psychiatrists as a treatment for depression.
Shock therapy is the most profitable practice in psychiatry, and economics strongly influences when shock is given and who gets it.
Psychiatrists say shock therapy is a gentler procedure today than it was in its heyday in the 1950s and 1960s, when it was an all-purpose treatment for everything from schizophrenia to homosexuality.
www.harborside.com /~equinox/ect1.htm   (2929 words)

 Shock (economics) (shock (economics) info) (via CobWeb/3.1 planetlab2.tamu.edu)   (Site not responding. Last check: 2007-10-08)
A technology shock affects an industry or firm's productivity, this may be a positive shock - increasing the output for a given set of inputs, or a negative shock - decreasing the output for a given set of inputs.
Economics is a social science that studies human behaviour and welfare as a relationship between ends socially required and scarce means which have alternative uses (Lionel Robbins, 1935).
(This is not the only definition of economics, although it is the dominant one.) Interchangeably, Economics is the study of the utilization and distribution of scarce resources among individuals, with the goal of improving their welfare.
wikimiki.info.cob-web.org:8888 /en/shock+(economics)   (931 words)

 A political economy approach to the neoclassical model of transition - New Perspectives on Transition Economics: Europe ...
The aim of this paper is to demonstrate that the debate between shock therapy supporters and the gradualist neoclassical economists (1) was immaterial.
Incorporating the institutional and political structure into the transition analysis, which is consistent with a political economy approach, further highlights the contradictions of shock therapy and gradualism, reinforcing the inadequacies of neoclassical economic analysis as being politically/institutionally naked.
The shock therapy model highlights the interdependent, mutually supportive, and interactive character of economic relationships, implying that reforms should be introduced simultaneously.
www.findarticles.com /p/articles/mi_m0254/is_1_61/ai_84426601   (909 words)

 Frankie's Web Site Deluxe
For reasons unknown, the E46 convertible shock mounts are reputed to be better than stock E36 mounts - and cheaper (p/n above).
You may compress the shock to gain extra room for movement.
Using an adjustable wrench on the outermost end of the shock to prevent it rotating, use a 5/8 open-end wrench to remove the upper mounting nut.
home.earthlink.net /~frankie66/cars/diy/E36_rearshockmounts.html   (400 words)

 Custom essay on Culture / Culture Shock Experiencing Culture Shock - Essay Empire
Culture shock is the process of initial adjustment to an unfamiliar environment.
In a multicultural context, culture shock is a more or less sudden immersion into a nonspecific state of uncertainty where the individuals are not certain what is expected of them or of what they can expect from the persons around them.
Third, the disorientation of culture shock creates an emotional state of anxiety, depression, or hostility, ranging from a mild uneasiness to the "white furies" of unreasonable and uncontrollable rage attributed to colonials in the last century by indigenous peoples.
www.essayempire.com /samples/culture/cultureshock/196.html   (725 words)

 E-Notes: The End of Cheap Oil, Once Again: Geopolitics or Global Economics? - FPRI
This is a demand shock, and about the only fundamental economic change that can reduce crude oil prices (aside from seasonal variation) is a massive fall in world demand for crude oil, at least in the short run.
Furthermore, the economics for large oil firms dictates prospecting for “elephants,” as they are called in the trade—fields in the billions of barrels range.
The timing of this shock, however, comes much less from growing geopolitical problems and more as a result of the acceleration of economic growth in large, populous areas that wish to enter the modern world on internal combustion engines.
www.fpri.org /enotes/20051010.econ.munk.endofcheapoil.html   (8697 words)

 Shock treatment therapy » ect.org
Shock therapy is making a dramatic comeback, primarily as a treatment for severely depressed elderly patients.
Shock machine manufacturers greatly influence what patients are told about shock.
Shock therapy is the most lucrative practice in psychiatry, and economics influence when shock is given and who gets it.
www.ect.org /shock-treatment-therapy   (472 words)

 Graphing Exercises
Economic Naturalist 27.2 describes the accelerating U.S. inflation rates of the 1970s and asks what led to this observed behavior in the economy.
Use the interactive graph to analyze the short-run economic effects of an increase in aggregate spending in the economy.
Compare the economic effects of the "hands-off" response and the "active monetary policy" response to the increase in consumer and investment spending during 1999 and 2000, in terms of the inflation rate, the level of unemployment, and the level of real GDP.
www.mhhe.com /economics/frankb/student/olc/chap27s_els_graphex.mhtml   (1023 words)

 shock - definition of shock by the Free Online Dictionary, Thesaurus and Encyclopedia. (via CobWeb/3.1 ...   (Site not responding. Last check: 2007-10-08)
shock - the feeling of distress and disbelief that you have when something bad happens accidentally; "his mother's deathleft him in a daze"; "he was numb with shock"
shock - (pathology) bodily collapse or near collapse caused by inadequate oxygen delivery to the cells; characterized by reduced cardiac output and rapid heartbeat and circulatory insufficiency and pallor; "loss of blood is an important cause of shock"
shock - an instance of agitation of the earth's crust; "the first shock of the earthquake came shortly after noon while workers were at lunch"
www.thefreedictionary.com.cob-web.org:8888 /shock   (1122 words)

 AEI - Short Publications
If a graduate student presented a seminar attempting to establish bias at the Council of Economic Advisers with that chart, he would immediately be shot down by professionals who would see through the subterfuge.
This is tabloid economics, shock punditry, and apparently acceptable journalism.
Shock pundits, on the other hand, are not stupid.
www.aei.org /publications/filter.social,pubID.20444/pub_detail.asp   (865 words)

 FrontPage magazine.com :: The Media's Economic Illiteracy by Bill Steigerwald
Because he focuses so narrowly on his team's side of the economic and moral equation, Peirce sees no costs or victims from forcing businesses to give raises to the 2.7 percent of America's hourly wage earners who make $5.15 or less.
But to play fair and be economically accurate, we must also take into account, or "see," those workers who are never hired.
This fallacy -- part of the larger failure to consider long-term and wider economic consequences of messing with the laws of supply and demand -- is often found in news stories about things like minimum wage laws and government-subsidized development projects.
www.frontpagemag.com /Articles/ReadArticle.asp?ID=21212   (551 words)

 CBC News - Reports from Abroad: Don Murray
The shock on the faces of Prime Minister Tony Blair and his ministers when they realized how vulnerable their economy and their government were was vivid.
The shock became anger as the suspicion grew that the oil companies were playing along with the protesters, refusing to order their drivers to move out and deliver the fuel.
To understand the depth of that shock you have to understand that Labour had led consistently in the polls for eight years.
www.cbc.ca /news/reportsfromabroad/murray/20000918.html   (889 words)

 Powell's Books - Economics
The realities of global economic integration are far more complex than many of its supporters or detractors acknowledge.
One consequence of simplistic thinking about globalization, claims Robert Paehlke, is that we tend to focus on economic prosperity to...
The Bush Agenda is the first book to expose the Bush Administration's radical economic agenda for global domination, a plan more extreme, unilateral and audacious than any of his predecessors, a plan that has created the greatest level of violent...
www.powells.com /usedbooks/Economics.1.html   (925 words)

 Shock therapy (economics) Essays from EssayTailor - High-quality custom term paper and custom essay writing service. ...   (Site not responding. Last check: 2007-10-08)
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www.essaytailor.com.cob-web.org:8888 /topic-shock-therapy-(economics).html   (213 words)

 EconPapers: To Shock or Not to Shock? Economics and Political Economy of Large-Scale Reforms (via CobWeb/3.1 ...   (Site not responding. Last check: 2007-10-08)
Abstract: This paper studies the economics and political economy of optimal scale of reforms.
The optimal scale of reform, in general, differs from a shock therapy that replaces the old institutions all at once.
Furthermore, if agents in the economy are heterogeneous in terms of their subjective discount rates, the politically-determined reform speed may be lower in a democracy than in an economy with a benevolent dictator.
netec.wustl.edu.cob-web.org:8888 /WoPEc/data/Articles/blaecopolv:10:y:1998:i:2:p:161-183.html   (202 words)

 Peter Murrell's Web Page -- Reform Papers
The vision implicit in shock therapy is described and contrasted with an alternative, evolutionary viewpoint.
In Russia, shock therapy's focus on destruction of the old, rather than creation of new market institutions, was highly significant, given the lack of previous economic reform in the USSR.
In Russia, the absence of strong social and political institutions meant that the destructive forces of shock therapy were successful, while the construction of new market-economy institutions proceeded slowly.
www.econ.umd.edu /~murrell/Reform.html   (1113 words)

 Aesthetics + Economics
Aesthetics + Economics is my attempt to find an outlet for an intense interest in fashion and design in general, and to find interlocutors so that I might refine my knowledge of the inner workings of fashion and the design-oriented business world.
It's a bit of a shock, then, to see that this season's staple ranges in price from about $14 to upwards of $1000 (and let's not even mention the $100,000+ leggings on the Balenciaga Spring 2007 runway--they are in a league of their own!).
If you're economically inclined and interested in reading analysis of the trend of "ventures in massclusivity," check out this post.
aestheticspluseconomics.typepad.com /aesthetics_economics   (1166 words)

 C4 News - Business - Economics - Future shock   (Site not responding. Last check: 2007-10-08)
In the aftermath of 9/11, a sense of shock and insecurity reverberated across the world.
While we were filming in Washington the world was shocked once again by the Madrid bombings.
All those materials had to be gathered and the technology that was used - people familiar with would be in a position to design a contract that would be traded, that might be able to utilise some of that information.
www.channel4.com /news/2004/04/week_3/21_stock.html   (1853 words)

 Rough Type: Nicholas Carr's Blog: Shock treatment
Faced with having to invest heavily in modernizing their IT infrastructures, policies, and staffs to meet the new requirements, some businesses have opted to unload much of their infrastructure onto utility providers running secure, state-of-the-art data centers.
They find it makes economic sense to offload the capital investments and labor costs to an outsider, and, equally important, they like the fact that it gives them a way to get the risk and liability off their own shoulders.
Posted by: Jud at October 28, 2005 09:01 AM I agree that the economics of utility computing make it more compelling day by day.
www.roughtype.com /archives/2005/10/shock_treatment.php   (1018 words)

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