Bulls vs. Bears (visual piece)
This portray of a bull fighting a bear in the middle of wall street is a very common representation of the different cycles of the market. The downturns in the business and financial market are represented by a bear and, on the other hand, buoyant markets are represented by bulls. It is very commonly referred to the market using this terminology on public media, depending on the current situation. The current financial situation is described commonly as a bear market due to its repercussions on the stock market performance. An example of how these figures are used in the market is Merrill Lynch’s logo. They use a bull to represent strength within the market and their ability to fight the bear markets.
http://emsworth.wordpress.com/2008/11/29/famous-american-paintings-unexpectedly-met-at-the-new-york-historical-society/
Total Eclipse of the Heart (song)
This nostalgic song repetitively refers to the old days and how things were better. This can be seen as an analogy of what is happening right now in the financial market. It talks about feelings of helplessness, terror and angriness, which commonly held feelings towards the current economic situation and its causalities. The song represents an adverse situation for the character, which portrays the situation of many people affected by the crisis.
www.lyricsmode.com/lyrics/b/bonnie_tyler/total_eclipse_of_the_heart.html
The Wizard of Oz (Film)
This film represents a voice of protest by the Free Silver Movement, which argues in favor of bimetallism. It was a response to a prolonged economic crisis period in the United States. It uses a lot of symbols to protest against the currently adopt measures, which suggested switching back to the bimetallist currency system. It is a tale of the international monetary system that suggests the power of bimetallism. Its name includes the abbreviation for ounce (Oz), it takes place in Emerald city (color of money) and the character (Dorothy) wears silver.
http://www.imdb.com/title/tt0032138/
The Economics of Money, Banking and Financial Markets
Mishkin wrote a comprehensive textbook about the banking system, monetary policy and the financial market from an economic theory perspective. Most of the issues regarding the current crisis are referred to throughout the textbook. The updated version includes an extra chapter of the Subprime meltdown and the current financial crisis. It addresses specifically the different factors that occasioned and deepened the crisis, the different economic concepts involved and the possible future consequences.
http://wps.aw.com/aw_mishkin_econmbfm_8/
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