Word: chicago
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...crash," says Slovic. "That's the dread factor." In other words, the more we dread, the more anxious we get, and the more anxious we get, the less precisely we calculate the odds of the thing actually happening. "It's called probability neglect," says Cass Sunstein, a University of Chicago professor of law specializing in risk regulation...
...York City and Chicago have each recently proposed bans on trans fats served in some or, in the case of New York, all city restaurants, although neither ban has been implemented...
...Obama said the U.S. should begin drawing down its troops in Iraq over the next four to six months in part to redeploy more to Afghanistan. "The President's decision to go to war in Iraq has had disastrous consequences for Afghanistan," he said in a speech to the Chicago Council on Global Affairs. "We have seen a fierce Taliban offensive, a spike in terrorist attacks, and a narcotrafficking problem spiral out of control...
...simply not possible to adequately describe the importance of Milton Friedman. In the the 1950s and 1960s, most men and women of stature simply assumed that state control of the individual and of the economy was inevitable and desirable. Friedman, then a professor of economics at the University of Chicago, said that it was neither inevitable nor desirable. In books, lectures, articles--wherever he could find a pulpit--Friedman said freedom, specifically individual liberty, was the optimal condition of mankind, both for human satisfaction and for prosperity...
...friend and mentor and inspiration all my life. He and his wife Rose, his constant colleague and support, were lifelong friends of my parents Herbert and Mildred Stein after they met at the University of Chicago in the mid '30s. My father, a distinguished economist himself and chairman of the President's Council of Economic Advisers under Nixon and briefly under Ford, forever stood in awe of the man. As my pop said many times, "Friedman was like every other economics student at Chicago in those days except twice as smart...