Word: economisters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...There's also the approach favored by the late MIT economist Charles Kindleberger, who thought it was the job of governments and central banks to step in and halt panics, but felt they should "always leave it uncertain whether the rescue will arrive in time or at all, so as to instil caution." That seems to be official U.S. government policy at the moment, actually...
...your FICO score is north of 700, whereas six months or a year ago, a score as low as 620 would have gotten you behind the wheel. "Some of this just represents moving back to standards that were in place five or six years ago," says Paul Taylor, chief economist at the National Automobile Dealers Association. "But if you're a customer, not getting credit you could've gotten a year before looks like a credit crunch...
...knew this was bad news," says Song Seng Wun, regional economist at CIMB-GK Research in Singapore, who like other market-watchers believes some sort of bailout plan will get through. Unlike U.S. taxpayers, market actors in Asia aren't overly concerned about details like limiting golden parachutes extended to disgraced CEOs of bankrupt financial companies, or whether the U.S. government gets enough equity for their investment. "They just want something to be passed," notes Kowalcyzk...
Jeffrey A. Frankel, an economist at the Harvard Kennedy School, said he supported the bill after it was revised over the weekend, citing the importance of congressional oversight and a provision for taxpayers to recoup part of any gains made by the government through the trading of distressed assets...
...wearing culture where taking risks was rewarded.” Some Harvard researchers may have found the link between the culture and the bust. Men with higher testosterone levels are more likely to opt for high-risk investments, according to a study by a Harvard anthropologist and a visiting economist. The researchers gave 98 male Harvard undergraduates $250 and asked them to invest the money as they saw fit. If participants made a successful investment—as determined by the flip of a coin—they were rewarded with two-and-a-half times the amount invested...