Word: economice
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Pick your economic metaphors carefully. A few months ago, a close adviser to Britain's Prime Minister was pilloried by her fellow politicians for saying, "I am seeing a few green shoots, but it's a little bit too early to say exactly how they'd grow." Seems some people...
Such is the danger of the analogy-packed way we choose to discuss the economy. We talk of the housing "bubble," of stocks "skyrocketing" and "cratering," of the credit "crunch," of the possibility of "zombie" banks. These are not rigorous terms. And yet through them we view the world - often...
Of course, not all economic metaphors are as long-lasting as the housing "bubble." Back in the beginning of 2008, when we were all still skittish about actually using the word recession, one metaphor some people turned to was that of an economic "undertow": it takes you out to sea...
As editor-at-large of the Oxford English Dictionary (OED), Jesse Sheidlower has a bird's-eye view of how words do - or don't - make their way into the book that defines the English language. The past year has seen such additions as subprime and credit crunch. Those words...
Child-abuse scandals involving priests are not new in Ireland. A series of high-profile pedophilia cases in the 1990s helped bring about the collapse of a government and, together with the country's economic boom, severely diminished the Church's long-held influence over Irish society. The findings of...