The article under consideration is dedicated to the root causes of the U.S. economic crisis, and possible ways for recovery (Brown, and Lundblad 42). The authors Gregory Brown and Christian Lundblad, professors of finance, suppose that the root cause of the economic crisis in the United States was not the collapse of the housing market, as many experts tend to think. The subject of investigation is the research of possible causes which led to the economic collapse and the most appropriate ways to stimulate the national economy for future development. In a conclusion, the authors present the possible way to stimulate the economy: “investment in innovative technologies, education, and job training” (Brown, and Lundblad 42).
The article describes the root causes of the financial crisis in the U.S. and possible ways to solve the problem. Taking into account the urgency of the topic and its intelligibility, the paper may be used for the courses of finance and economy.
The authors clearly state the hypothesis that the main cause of the crisis is excessive consumption and prove the statement applying to statistical data.
The article under consideration was taken from the financial journal and was appropriate for analysis because it had the majority of features necessary for papers of this type.
The structure of the article is defined by its content and purpose. Brown and Lundblad used statistical data to support their ideas and the results of the investigation.
The authors emphasize that the results of the investigation could be different from actual data because of unexpected factors.
On the ground that the paper is of theoretical specificity, the chosen method, data collection, and analysis can be considered as an optimal decision.
The work by Brown and Lundblad is structured logically and reflects in full statistical analysis and conclusions of the paper.
The findings of the research are logical and expected because the authors developed a probative line of arguments.
Brown and Lundblad apply for unquestionable factual data by the Congressional Budget Office which highlights the internal validity of the paper.
The conclusions of the study by Brown and Lundblad are consequential and grounded by solid argumentation which leads to construct validity.
The statistical conclusion does not give rise to doubt as well. The authors use reliable statistical data which predetermined the result of the investigation.
The illustrations of the authors’ ideas perfectly match the content of the paper.
Brown and Lundblad conclude that the main cause of the crisis is excessive consumption and state that the best way to improve the situation is through the introduction of innovative technologies and requalification.
The researchers’ findings are objective and corroborated by reliable facts.
Brown and Lundblad suggest possible areas of investment that could be beneficial for the national economy as a further area for research which is quite viable considering the purpose of investigation.
The authors suggest possible practical ways (innovative technologies and requalification) to stimulate the national economy. Still, Brown and Lundblad do not introduce any new knowledge. The authors of the research did not identify potential threats to external validity. The authors did not identify the limitations of their study in the paper.
There were no problems in the perception of the article content. The information is rendered popularly.
The article by Brown and Lundblad is an example of logically built argumentation on the basis of reliable statistical data. Still, the authors did not mention potential threats.
Works cited
Brown, Gregory W., and Christian Lundblad. “The U.S. Economic Crisis: Root Causes and the Road to Recovery Return to Prosperity Requires Reversal of Excessive Consumption, Low Savings Trends.” Journal of Accountancy 208.4 (2009): 42.