Word: economisters
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...Conservative Party opted instead for John Major, who attended Rutlish Grammar School in south London.) It's not because Eton lacks famous alumni. Its graduates include 19 British Prime Ministers, the founder of modern chemistry Robert Boyle, the Duke of Wellington (the one who defeated Napoleon at Waterloo), economist John Maynard Keynes, writers Percy Bysshe Shelley and George Orwell, Soviet spy Guy Burgess, actor Hugh Laurie, Princes William and Harry, the fictional James Bond, even a Roman Catholic saint - as well as generations of less illustrious worthies. The problem is that in a more meritocratic age, Eton became synonymous with...
...generated ticket sales of around $300 million from the 110 dates they played in 2005 ensuring, even after hefty production costs, a healthy cut for the promoters, management and venues. For the mega-acts, concerts are now the horse driving the CD cart. In a paper by Princeton economist Alan Krueger and grad student Marie Connolly called Rockonomics: The Economics of Popular Music, the writers found that in the U.S., "Only four of the top 35 income earners made more money from recordings than live concerts...
...Minister of Economics and Finance, established a reputation for fiscal probity both as a Minister in previous Socialist governments and as European Commissioner for Economics. His presence has helped the government shore up support from Spanish businesses that might otherwise think themselves better served by conservatives. What worries some economists, though, is that Spanish citizens, too, all seem to want the same thing and be willing to go into debt to get it. Spain's rate of home ownership is 85%, far and away the highest in the Organization for Economic Cooperation and Development (o.e.c.d.). Because of the high level...
...Spain's phenomenal building spree is not merely froth. It is grounded in a number of demographic realities: Spain had its baby boom relatively late, from 1965 to 1975, says José Antonio Herce, chief economist of Grupo Analistas, a private consulting firm in Madrid. He attributes the flourishing real estate market in recent years in large part to that population joining the housing market. "We also discovered divorce, which has contributed to a big jump in the number of households," says Herce. "And we've seen the arrival in the last five years alone of some...
Your story quoted health-care economist Uwe Reinhardt, who said that medical outsourcing "has the potential of doing to the U.S. health-care system what the Japanese auto industry did to American carmakers." Such comments are typical of so-called experts who pontificate while others try to repair a flawed but high-quality system. Reinhardt seems blissfully unaware of the difficulties doctors and hospitals face in delivering quality care to our patients. True, our health-care system needs better transparency so patients can make informed choices. We need to run efficient operating rooms and hospitals. But we are able...