Word: economisters
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...star began to rise in the 1980s, Shleifer was often mentioned in the same breath as stellar Harvard economist and future University President Lawrence H. Summers. Indeed, the two had met when Shleifer was a Harvard sophomore. According to an Institutional Investor article published in January of this year, rumor has it that he pointed out errors in one of Summers’ papers, and after that, the two became mentor and mentee, invisible hand in invisible hand...
...global warming blew through London and around the world on Oct. 30, they were[an error occurred while processing this directive] far more prepared than they would have been even a year ago. The London storm was not literal, but political: Nicholas Stern, a respected former World Bank economist, released his long-awaited report on the long-term economic impact of climate change. Commissioned by Britain's Chancellor of the Exchequer Gordon Brown and embraced by Prime Minister Tony Blair, the Stern report rejected the conventional argument that combatting climate change is bad news for the global economy...
...country to where it is now, authoritarian ways have exhausted themselves," says Asylbek Bisenbayev, formerly Nazarbayev's spokesman and top strategist. Getting the country where it is now has taken guts, though. "Back in 1991, there was no money, no food, no nothing," says noted Kazakhstan economist Rakhman Alshanov, a mastermind behind the early 1990s liberal economic reforms. Nazarbayev had to rule by decree. He twice dissolved the Parliament - and gave reformers the latitude to abruptly terminate the state's paternalistic support of industry as well as collective and state farms. "No more injections into a wooden leg - no more...
While Sogavare was in the Big Apple, RAMSI officials were generating color and movement in Honiara. Working the grass roots, the mission set up community outreach stalls to promote its work. According to the Solomon Star newspaper, a young Canberra economist, Harry the Juggler, entertained the crowd while speaking in pidgin about economic reform; it was goofy but effective. RAMSI is popular with locals because it's brought better security, some services, and new infrastructure. RAMSI is a strange beast. It is not an occupying force, but remains in the Solomons at the invitation of the government...
...market for housing futures gets large enough, though, other sorts of financial products more useful to homeowners should crop up, says Robert Shiller, a Yale University economist who has been pushing the idea for 15 years. The grander vision, developed with Karl Case of Wellesley College, includes home-equity insurance. The idea is that companies will write those policies if there's a robust futures market for hedging risk. "Real estate is bigger than the stock market," says Shiller. Twenty trillion dollars big, in fact...