Word: almost
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...research institute will almost be like a research and development start-up in an academic environment,” Ingber said. “It will be very different from what has been done at Harvard in past years...
...times when almost everyone believes that “the world is flat” it would be more than contrarian not to worry about the financial disarray that is depleting America’s resources and confidence. When the world is “interconnected” doesn’t it follow that the richest country’s struggle will lead to an inferno everywhere else? Not quite. As economics professor Kenneth S. Rogoff recently put it in his op-ed for The Financial Times: “It is almost as if the more...
...surprisingly, current events are almost impossible to judge rationally from the headlines. Bill Isaac, former chairman of the Federal Deposit Insurance Corporation, recently described them as a “senseless destruction in the U.S. financial system” and a well-known executive exclaimed on the pages of The Financial Times that “Greenspan’s sins return to haunt us.” Finger-pointing, whining and semi-fake expressions of compassion with homeowners are all mixed in print and the airwaves with serious analysis. A surefire recipe for confusion has thus emerged. Although many...
...Economics professor Benjamin M. Friedman ’66, for example, noted that had economists seen the future in early 2007, “they almost certainly would have forecast a steeper downturn, with many more layoffs.” That is a striking insight. It is unpopular to say that the U.S. economy is resilient when firms are failing, but what story is told by the facts? Unemployment now exceeds 6 percent in the United States but it declined by 159,000 in September. In France, for example, the unemployment rate was nine percent (or more) in nine...
...Holy Grail for Democrats in the upcoming national election, but I fear they may be a little too sanguine about their prospects in the former Confederate capital. True, the auguries are favorable—Democrats can now claim control of the state legislature, two successive governorships, and almost certainly two seats in the Senate after the retirement of the lapidary John Warner this fall...