A Billion-Dollar Primer
By Donella Meadows
–April 23, 1987–
The President is requesting $6 billion for Star Wars. U.S. farmers received $23 billion in subsidies last year. Congress overrode the veto on the $88 billion highway plan.
All these billions of dollars whizzing about in the news are vitally important, I’m sure. As taxpayers and citizens we ought to keep our eyes on them. But personally, [...]
What Happens When the Bank Fails
By Donella Meadows
–March 12, 1987–
About half the people I met in Oklahoma had personally experienced a bank failure over the past year or so. On Thursday, January 8, of the week I was there another bank went under, Security National Bank of Norman, Oklahoma.
Friday morning Security National reopened under new management. The TV news showed its customers calmly doing their [...]
When the Stock Market Goes Up and the Economy Doesn’t
By Donella Meadows
–February 19, 1987–
Why is the stock market shooting up while the economy is in the doldrums? As usual with questions about economics, you can find someone to give you any answer you want.
If you want to hear that the market is revealing the hidden economic strength of this great nation, listen to someone in the Reagan administration.
If you [...]
