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...market remains weak, Feldstein said, according to a Wall Street Journal transcript of his speech. “A sharp reduction in the interest rate, in addition to a vigorous lender of last resort policy, would attenuate that very bad outcome,” he added. But there is discord in the academic community. Senior Lecturer on Economics Jeffrey Miron feels the rate should be left alone because Bernanke has long emphasized the importance of controlling inflation. “While I don’t have all the information [Bernanke] has, I think the inflation targeting approach...

Author: By Maxwell L. Child, CRIMSON STAFF WRITER | Title: Economists Divided Over Fed's Next Move | 9/10/2007 | See Source »

India's Nuclear Discord...

Author: /time Magazine | Title: Dashboard: Sep. 3, 2007 | 8/23/2007 | See Source »

...tourists because of its colorful native American culture and Spanish colonial architecture. But there is widespread anxiety, not just because of the Sears bomb or another "artifact," undetonated, was found outside a branch of a bank in a middle-class district of the city. Oaxaca is simmering in civil discord: the state has been torn by political strife and unrest since last year - further complicated now by contentious local elections pitting the conservative government against left-wing political groups scheduled for Sunday...

Author: /time Magazine | Title: Mexico's State of Discontent | 8/2/2007 | See Source »

...Still, detractors see the appointment as designed to increase discord among the Socialists. Many in the party had seen DSK, beaten in the party's primary, as the rival best-placed to defeat the vanquished presidential candidate, Segolene Royal, in her push to take over the party's leadership...

Author: /time Magazine | Title: Dominique Strauss-Kahn, Sarkozy's Pick for the IMF | 7/10/2007 | See Source »

With each schism averted comes more opportunity for discord, though. The Republican spinmeisters on both sides of Pennsylvania Avenue will have a busy summer: Iraq and immigration are slated to be before Congress through the next month. After that comes another issue that divides Republicans: global warming...

Author: /time Magazine | Title: The GOP Spin Wars | 6/28/2007 | See Source »

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