Word: economisters
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...Bill Clinton was a free trader in the 1990s; Hillary Clinton opposed the Dubai Ports deal and voted against the Central American-Dominican Republic Free Trade Act in the 2000s. "I think we've pushed too far in the direction of unfettered markets," says Joseph Stiglitz, a Nobel-prizewinning economist who chaired Bill Clinton's Council of Economic Advisers. "Markets aren't perfect. They don't deal with security issues, for example. And though President Clinton tried to emphasize it, we didn't do enough to address the impact of globalization on the American middle class...
...sentencing, not least because officials tend to protect their own. Farmers who once trusted the central government's ability to fix problems find their faith in the system dimming and their anger rising. "They had been told that reform was coming, so they were patient," says Philip Brown, an economist who studies rural China and teaches at Colby College. "But now they see that the reforms don't go far enough, and they think, This is what we've been waiting for?" The official Chinese media, which has tried to educate farmers on their basic rights, only heightens that disenchantment...
...university president should lack the good sense and good taste that would allow him to say “economists are smarter than political scientists, and political scientists are smarter than sociologists” as Summers allegedly did to Cowles Professor of Anthropology Peter T. Ellison, the former dean of GSAS. It didn’t help that Summers, an economist, was concurrently trying to shift funding from a sociology program to the Kennedy School. Such virulent disciplinary biases are unacceptable. The next president of Harvard should work from the top to promote vibrant intellectual exchange by creating an environment...
...Economist,” column...
Trust the faculty on this one: Summers is not an intellectual. He is a reactionary who tried to promote his personal political agenda under the guise of intellectual rigor. He believes in rigor only in the sense of rigor mortis—the intellectual paralysis that makes an economist incapable of acknowledging that African-American history or contemporary French theater might be legitimate scholarly pursuits. Respect for careful quantitative treatment of scientific questions is one thing, but the application of economics to the philosophical question of where a university is headed deserves the scorn with which the Faculty of Arts...