The author examines the economy in the wake of the 9/11 attacks, analyzing the impact of the attacks on consumer confidence, the stock market, and government spending. Strategies for fixing the damage, especially by government intervention, are evaluated.
Written in 2001; 4,000 words; 5 sources; $ 108.95
Paper Summary:
This paper examines the effects on specific stock exchanges, their initial fall and their subsequent rise by considering basic economic background. The author indicates that understanding the effects of terrorism on the economy is complicated due to at least three reasons: The need to look at several different sectors of the economy; different economic models that weigh elements of society differently and the different ways conservative and progressive economists look at a problem.
From the paper:
"We may feel that there is something inappropriate in talking about economics in conjunction with the terrorist attacks of Sept. 11, believing that instead of thinking of something that is in the end as unimportant as money we should be thinking about the larger issues of life and death and the purpose of human life."
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