Word: economisters
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Fakhruddin Ahmed doesn't strike you as a tough guy. He's mild mannered and academic in the way you might expect of an economist who has previously served as a central banker and a World Bank bureaucrat. He talks about spending time with his family and watching movies with his wife. He uses words like "epistemologically" and "baneful." But, as Bangladesh's current boss, the 66-year-old Ahmed is showing a steely resolve. Beginning last October, the capital Dhaka was struck by violent street clashes between rival supporters of outgoing Prime Minister Khaleda Zia's Bangladesh Nationalist Party...
...Bangladesh's recent Nobel Peace Prize winner Muhammad Yunus says he will form a political party. Is that a good thing? As an economist, I always think that allowing better choices, whether in politics or economics or any area, is a good thing. This is what was missing earlier: good, honest candidates were prevented or discouraged from coming forward and participating in the electoral process. The more such people do [participate], the better for this country's democracy...
...equal; underserved advantage (and disadvantage) will persist indefinitely. The only solution is taking control of one’s life. The upshot of this outlook is an attachment to earned wealth. Why else should 70 percent of Americans support the abolition of the estate tax (according to The Economist), when barely one in 100 pays...
...they can. True, Poland's economy is growing at a healthy 5.9% clip, but its unemployment rate, at 15%, is the worst in the E.U. A stolid business culture does little to attract the brightest and best to the jobs that are available. Experts such as Ryszard Petru, chief economist at Bank BPH, and Witold Orlowski, ex--economic adviser to former Polish President Aleksander Kwasniewski, say the government should cut hiring costs, taxes and social spending. "Whether we will be the second Ireland or the Third World depends very much on the government's policy," Petru says...
...don’t have the time to know the difference between the chromosome and a genome,” said Tufts sophomore Eyal Amit. “But his seven points were very correct, especially when he was talking about active learning.” Summers, a renowned economist andformer secretary of the Treasury, emphasized the role of incentives in changing American education. “If there is no incentive to change curriculums, if there is no reward for educational innovation...then change will come very, very slowly,” he said. Summers also addressed what...