Word: demands
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Dates: during 2000-2009
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...environmental community prepares to celebrate the inauguration of perhaps the first truly green President, the renewable energy industry - especially young solar manufacturers - is struggling to survive. The recession has already claimed victims: Three Western solar manufacturers, OptiSolar, HelioVolt and SunEdison, are reportedly cutting jobs in the face of declining demand. Where there was a glut of orders for new solar systems as recently as the past summer, prices for rooftop solar arrays have dropped 8% to 10% since October, and are likely to keep falling this year. Layoffs are happening even in the more mature wind industry - including big companies...
...hand all the funny economists in the world," says R. Preston McAfee, a California Institute of Technology economics professor and Yahoo! research fellow who presided over the evening. But despite their rarity, some of these academics have attracted wide followings--admittedly, among those who can laugh at supply-demand curves. Yoram Bauman, a professor at the University of Washington, bills himself as the World's First and Only Stand-Up Economist*--but insists on the asterisk to honor exceptions like Ben Stein, who played the stupefyingly boring teacher in Ferris Bueller's Day Off. Bauman does a killer parody...
...period to make adjustments. Books are in no rush to move online; Amazon is currently the only big e-book publisher. It is tedious to manually scan hundreds of pages, and the new generation of consumers often has homework, finals, or primal screams to attend to. Nevertheless, as the demand for e-books grows, bookstores should watch their backs—someday, you may have to look for your course packs online. You might not even have to wait for someday: students deterred by the price of the $60 Ec 1010a workbook can already download a free copy on Scribd.com...
...first time Blair House has been at the center of an amusingly juicy non-scandal. In 1981, President Carter nearly sued The Washington Post for claiming he'd had the place bugged. The paper's executive editor, Benjamin C. Bradlee, scoffed at Carter's demand for a public apology, saying, "How do you make a public apology - run up and down Pennsylvania Avenue shouting, 'I'm sorry?'" After the Post story came out, a former executive editor of the New York Times revealed that he had once caught Soviet security guards meticulously checking then-Premier Leonid Brezhnev's room...
...about $800 billion, plus the second $350 billion chunk of the financial bailout - we all really do seem to be Keynesians now. Just about every expert agrees that pumping $1 trillion into a moribund economy will rev up the ethereal goods-and-services engine that Keynes called "aggregate demand" and stimulate at least some short-term activity, even if it is all wasted on money pits. (See pictures of the recession...