Word: economice
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We treat it with a numerologist's zeal. When it drops, we assume that grave societal consequences will follow. Macroeconomic policy is formed in its shadow. But now the granddaddy of economic statistics - gross domestic product (GDP) - is under attack. An assortment of economists, psychologists and sociologists are beginning to...
His meetings with the National Economic Council and with President Barack Obama now in the rearview mirror, Stein has returned to his research and the slow, methodical pace of academic life. He will be teaching an undergraduate course on the financial crisis next semester, he says, and he will be...
Last January, the same week Obama was inaugurated, Stein received a phone call from former University President Lawrence H. Summers, now head of the National Economic Council, asking if he would come to Washington to help work on the economic recovery plan.
He says many a night was spent with long-time friend Summers, “sitting up at night arguing parts of economic theory.”
"The two races that are most discriminated against here are the blacks and the indigenous - but it is more accepted against blacks," says Hemeregildo Fernandez, a doctor in Yanga and one of the few blacks still living in town. His office is tucked on a narrow street that juts off...