Word: deadweights
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...clear that even these aggressive actions will be sufficient to avoid a major U.S. slowdown or recession, given the deadweight of the sinking housing market. With the standard playbook and tools like the Taylor Rule less relevant to the immediate challenges at hand, central bankers are finding themselves looking at stock and bond markets to help them decide what to do. The markets in turn are looking back at central banks, trying to guess how monetary policy will affect asset prices. It reminds us of the early Ozzy Osbourne lyrics: "You, looking at me, looking at you .../ I know...
...answer to Limbaugh. That experiment--the network Air America--has been struggling ever since it debuted in 2004. Franken left Air America in February, when he declared he would run for Senate; federal regulations prevent that kind of free airtime. It was just as well: the show was deadweight on an otherwise successful career...
...policies we discuss in the comfort of our well-maintained classrooms. We need to recognize that for Harvard workers who are working hard to make ends meet, these discussions will affect their lives and the lives of their family members. Next time you’re spouting off about deadweight loss or economic inefficiency, take a second to look around. This means looking at the historical record to see if the pretty theories you learned in Ec 10 actually play out in reality, but it also means thinking about the human costs of our economic theories. If economic inefficiency means...
...merely the initiation rituals of the Sabliere society, an all-female social group started by several Crimson editors, among others, during the great “female social club” wave of the early millennium. Unfortunately, said society must bear the albatross of the greatest social deadweight this side of feminism: association with The Harvard Crimson. History is truly oppressive...
...deeply disturbing information, as per Sunday’s New York Times, that Marty “Not incinerating the homeless creates what economists call a deadweight loss” Feldstein is, like, the most powerful man in America...