Word: blinders
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...allot an additional $2 billion. In the Senate, opposition from John McCain and other deficit hawks slowed passage but appeared unlikely to stop it. "I always thought that cash for clunkers would be an effective stimulus, but it seems to have exceeded expectations," says Princeton University economist Alan Blinder, an early booster of the idea. "It would be a shame to cut it off here...
Cash-for-clunkers programs were first instituted at the state level in the early 1990s as a way to reduce automobile emissions. In a column in the New York Times last summer, Blinder suggested adapting these efforts into a national stimulus program. Then several European countries beat the U.S. to the punch...
...there is no greater blinder than success, even for a visionary like Bill Gates. By the time he realized the tech world was quickly shifting from PCs to the network that connected them, his moves were limited. A fiercely competitive man, he reached for the obvious lever, and attempted to tie the late-starter Internet Explorer browser to the monopoly he created, the Windows operating system. The move was mercilessly effective and beat back rival Netscape, which immediately saw its commanding share of the browser market disappear...
...about 25 sets of data a day, and often they are at odds with one another. While Greenspan had a penchant for obscure statistics, like the production of No. 5 trucks, Bernanke sticks closer to mainstream data. "I never knew what a No. 5 truck was," says Alan Blinder, a former Fed vice chairman and a professor at Princeton. "Bernanke probably doesn't either." The minutes from the May meeting of the Fed committee that sets rates showed that opinions ranged from doing nothing to raising rates 0.5%. The Fed raised rates 0.25% for a then 16th straight time...
...Summers’ once-and-future boss—former Treasury secretary and current Harvard Corporation member Robert E. Rubin ’60—would have been the “odds-on favorite” to replace Greenspan, according to Princeton economist Alan S. Blinder...