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Jameson categorizes a variety of features of the postmodern. One is the elision of the distinction between high culture and mass culture. [160] Also, because of our loss of a unified "bourgeois ego", subjectivity is less focused, and we experience what he terms a "waning of the affect", an emotional disengagement from the social world. [161]
Although banking has been around in some form for thousands of years, modern banking has a much briefer and more recent history, marked by everything from people emptying their savings accounts in ...
In 1995, the landscape architect and urban planner Tom Turner issued a book-length call for a post-postmodern turn in urban planning. [13] Turner criticizes the postmodern credo of "anything goes" and suggests that "the built environment professions are witnessing the gradual dawn of a post-Postmodernism that seeks to temper reason with faith."
Postmodernity (post-modernity or the postmodern condition) is the economic or cultural state or condition of society which is said to exist after modernity. [nb 1] Some schools of thought hold that modernity ended in the late 20th century – in the 1980s or early 1990s – and that it was replaced by postmodernity, and still others would extend modernity to cover the developments denoted by ...
The 10-year Treasury yield is the yield paid to buyers of 10-year Treasury Notes It is Wall Street’s most-followed benchmark for interest rates. Inflation, monetary policy, and investor ...
Line graph illustrating the yields of 30-year US Treasury bonds over 1994. Yields for these bonds rose from 6.17% on January 12 to 8.16% on November 4. In 1993, the bond market was enjoying a relatively bullish run following a recession that plagued many industrialized nations several years earlier. [6]
The Cultural Logic of Late Capitalism: pp. 1–54. Theories of the Postmodern: 55–66. Surrealism Without the Unconscious: 67–96. Spatial Equivalents in the World System: 97–129. Reading and the Division of Labor: 131–153. Utopianism After the End of Utopia: 154–180. Immanence and Nominalism in Postmodern Theoretical Discourse: 181–259.
Robert Shiller's plot of the S&P 500 price–earnings ratio (P/E) versus long-term Treasury yields (1871–2012), from Irrational Exuberance. [1]The P/E ratio is the inverse of the E/P ratio, and from 1921 to 1928 and 1987 to 2000, supports the Fed model (i.e. P/E ratio moves inversely to the treasury yield), however, for all other periods, the relationship of the Fed model fails; [2] [3] even ...