Word: economisters
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...difficult to articulate to my economist friend exactly what makes a poem I love a great poem. That’s what Paglia does here. She has the patience and mastery to work slowly through each poem, explaining what the lines mean and analyzing their effects. Paglia’s approach is simple without being simplistic. From Shakespeare to Dickinson to Yeats to Plath, her criticism is readable and flawlessly done...
...tapped Department of English Chair James Engell, who told University President Lawrence H. Summers at the Feb. 7 Faculty meeting that professors are “divided, demoralized, and dispirited”; economist Caroline M. Hoxby ’88, who chastised the president for “break[ing] ties in our web” at a special Faculty meeting on Feb. 22, 2005; and several members of a group of department heads that issued a statement in November attacking Summers for purportedly leaking to The Crimson word of his plan to ask outgoing Dean of the Faculty William...
...earnings and corporate balance sheets around the world are as healthy as they have been in years. In Japan, corporate profits have climbed for four straight years (the longest sustained increase since the 1970s) and consumer spending is rising briskly on the back of declining unemployment. Yuji Shimanaka, chief economist at Mitsubishi UFJ Research and Consulting in Tokyo, says Japan is now in "a golden cycle." So, for now, is much of the world. "It comes down to very simple macroeconomics," says Subir Gokam, an economist at CRISIL, India's largest credit-rating firm. "The global economy is growing without...
...analysts believe the stock-market party may end sooner rather than later. Higher rates flow through the global economy in a myriad of ways by curtailing borrowing and curbing business activity. Higher borrowing costs hurt corporate earnings, which is ultimately reflected by lower stock prices. Andy Xie, chief Asia economist at Morgan Stanley, says the world's equity markets have been surfing on a "tide of liquidity" for the past five years?meaning investors have been awash in cash, thanks to the easy-money policies of the world's central banks. With interest rates low, no fund manager worth...
...percent, whereas the top one grew by over 70 percent. This occurred while social mobility declined: the Economic Policy Institute argues that there has been a 16 percent decrease in social mobility for the second-to-lowest quintile, and the prospects are even darker for the poorest one. Moreover, economist Earl Wysong found in a cross-generational study that nearly 70 percent of all sons in 1998 were doing equally or worse than their fathers twenty years before...