What is not disputable is that the funds' profits are bound up with a defective financial system that has fostered booms, busts and bailouts.
By indirectly making mortgages cheap in the United States, China has helped foster the boom that saturated Miami with glittering condos even as tens of millions of Chinese live in dilapidated concrete block apartments.
In the booming advertising form known as content marketing, no one active in the business today has done more to foster that boom and build an intellectual framework around it than Joe Pulizzi.
If the private sector can turn this corner, we can narrow wealth inequality and foster a boom that isn't isolated to Wall Street, but feeds out into every community and revives our middle class well into the future.
Chefs and restaurateurs there have increasingly been traveling across the Atlantic for inspiration in recent years, fostering a boom in ambitious American comfort dining.
Many analysts say worries about personal security in recent months have fostered a boom in products that can be enjoyed at home.
In New York, the Bloomberg administration's insistence that new developments include open space has fostered a boom in parks: the city has added more than 500 acres of parkland since 2002, with thousands more to come, including large-scale projects like Governors Island and Fresh Kills.
Lowered interest rates driven in part by the shrinking of annual budget deficits, coupled with the flourishing of the information technology sector -- partly made possible by extra money no longer going to cover the government deficit that fueled high-investment expansion -- fostered a boom in asset prices.
By the turn of the 20th century, however, compulsory attendance laws greatly increased school enrollment and fostered a boom in the number of public schools.
NEW YORK TIMES How Economic Weakness Could Foster a Tech Boom | The Bits blog writes: "If companies are constrained, but have no choice but to invest, that makes it likely that they will increasingly choose to go through the hard work of adapting their internal systems to accommodate new kinds of technology".
