Word: economisters
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...Treasury appointment—is now encountering opposition from some quarters. Contrary to an undeserved reputation stemming from misguided impressions and misleading media reports surrounding his resignation from Harvard’s presidency, Summers is anything but a misogynist or a calculating bureaucrat. He is, rather, a brilliant economist and an effective leader whose liberal credentials are beyond reproach. Summers would be an excellent choice for Secretary of the Treasury, and we are confident that Obama will give this accomplished economist a fair consideration that extends beyond the few isolated mistakes Summers has made during his career.Summers...
...will be felt for years to come. "I think in a decade, we'll be looking back at this moment and saying, 'This was it. This was when things really changed and China's economy transitioned from externally, export-oriented to an internal focus,'" says Ben Simpfendorfer, a China economist with the Royal Bank of Scotland in Hong Kong. He Liping, a professor of economics at Peking University, agrees. "I personally see this crisis as an opportunity to reduce our dependence on export and adopt a healthier path," he says...
...classes approved so far, only one is not a refitted course for the new curriculum. But Harris said that because the Societies of the World category is new, it makes it harder for professors to design courses for the category right away. Kenen said that David M. Cutler, an economist and a former divisional dean of the social sciences, organized several lunches with faculty last year in order to urge them to create new Gen Ed classes that fit in the Societies of the World and the United States in the World categories. Despite Cutler’s efforts, though...
...purchaser's loan rate 1% for the life of the loan. They say the incentive should be made available for the next 12 months. "The sentiment in Washington is that we need to get the housing market moving to get the economy back on track," says Lawrence Yun, chief economist for the association. "We need to strike while the iron is hot." (Find out 10 things to do with your money...
...viable alternative. He begins by examining the history of voting theory, finding a rich tradition of discussion on the subject extending back to ancient times. Indeed, the narrative of voting philosophy flows through the French Revolution, finds an unlikely mouthpiece in author Lewis Carroll, and continues to 20th-century economist Kenneth Arrow’s famed “impossibility theorem.” The theorem, which roughly proves that no ranked voting system can be fair, had an enormous impact on democratic thought.But by amplifying the discussion, the theorem also led to consideration of various other voting methods. Poundstone...