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The Fed's purchases of long-term Treasury securities during the credit crisis were intended to
Erving Goffman
A sociologist known for his work on symbolic interactionism and the study of social interactions, especially in everyday life.
Stereotype Promise
A kind of self-fulfilling prophecy in which positive stereotypes, such as the “model minority” label applied to Asian Americans, lead to positive performance outcomes.
Self-Fulfilling Prophecy
A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.
Deviance Avowal
Process by which an individual self-identifies as deviant and initiates their own labeling process.
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