Archive For The “Misc” Category

Improving Children’s Life Chances by Teaching a Growth Mindset

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Why do some children relish a challenge and others, though just as able, fall apart and become helpless if something is harder than they can handle? The answer can lie in a “fixed mindset” versus a “growth mindset”—a basic belief that talents and abilities are fixed versus a belief that they can be developed. A…

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The Great Recession of 2008

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The Great Recession, which officially lasted from December 2007 to June 2009, began with the bursting of an 8 trillion dollar housing bubble. The resulting loss of wealth led to sharp cutbacks in consumer spending. This loss of consumption, combined with the financial market chaos triggered by the bursting of the bubble, also led to…

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