Word: economisters
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...Home to some 40 million mostly poor people, Central America is an enormous market for inexpensive clothing. Nicaraguan entrepreneurs often travel to Miami to buy used clothing in bulk, and ship it back home to sell for a hefty profit. According to an investigation by Nicaraguan economist Alejandro Arauz, most such apparel is imported into Nicaragua as "donations" to skirt commercial taxes, then resold for a 200 percent profit. To further cut costs, the used clothing purchased in the U.S. is bottom-of-the-barrel stuff, the garments picked over and left behind at Goodwill and then sold...
...have been waiting for the perfect entry point. It's time to get serious--before an inevitable rise in interest rates wipes out your advantage. "The thing that will make home prices stop falling is the very same thing that will push mortgage rates higher," says Jim Svinth, chief economist at mortgage firm Lending Tree. So anything you gain by a further drop in prices might be offset by rising financing costs...
...fact remains that almost no link between a nation’s economic conditions and its export of terrorism exists. As research by Princeton economist Alan B. Krueger shows, our enemies do not hate us because they are poor, hopeless, and desperately jealous of American prosperity. Among other data, Krueger has found that Palestinian suicide bombers are less likely to be from poor backgrounds and more likely to have finished high school. He has also found that the number of terrorist incidents is higher in countries that spend more on social welfare programs. Based on these findings, it is reasonable...
...future of public education in the U.S. Even as politicians push to hold schools and their faculty members accountable as never before for student learning, the nation faces a shortage of teaching talent. About 3.2 million people teach in U.S. public schools, but, according to projections by economist William Hussar at the National Center for Education Statistics, the nation will need to recruit an additional 2.8 million over the next eight years owing to baby-boomer retirement, growing student enrollment and staff turnover-which is especially rapid among new teachers. Finding and keeping high-quality teachers are key to America...
Food prices have increased 75 percent since 2005, according to a recent article in The Economist...