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...Military Officers often complain privately that the American people don't fully appreciate the costs?human or economic?of the Iraq war. A new paper by Harvard budget expert Linda Bilmes and Nobel-prizewinning Columbia economist Joseph Stiglitz may help address that. It claims that the final cost to the U.S. could be $2 trillion?10 times as high as the worst-case scenario of $200 billion suggested by a White House official before...

Author: /time Magazine | Title: Iraq: Counting the Costs | 1/8/2006 | See Source »

After walking Tobin, Mankiw rouses his 14-year old daughter so that she can catch the 7:00 a.m. bus. He says his daughter enjoys math and history. “I always took that as a sign that she may be a future economist,” Mankiw says...

Author: By Alex M. Mcleese, CRIMSON STAFF WRITER | Title: After D.C., Mankiw Resumes Teaching | 1/6/2006 | See Source »

...professor typically wakes up in his 1930s brick colonial in Wellesley between 5:30 and 6:00 a.m. to take his border terrier Tobin for a walk. Tobin, who is named after Nobel Prize-winning economist James Tobin, is the brown-furred successor to Keynes, Mankiw’s last dog. The real-life Tobin was a follower of economist John Maynard Keynes, as well...

Author: By Alex M. Mcleese, CRIMSON STAFF WRITER | Title: After D.C., Mankiw Resumes Teaching | 1/6/2006 | See Source »

...into break than studying.” Moments after Summers arrived, Diane N. Ghogomu ’09 approached him to ask for a dance as the DJ played “Don’t Cha,” by the Pussycat Dolls. The former World Bank chief economist, however, turned her down. “But you can tell that he wanted to,” Ghogomu said. Nearly a half hour after entering the dining-turned-dance hall, the music quieted so Summers could make a brief speech to the freshmen in attendance. The president welcomed them...

Author: By Nicholas M. Ciarelli, Javier C. Hernandez, and Daniel J. T. Schuker, CRIMSON STAFF WRITERSS | Title: Summers Tempers His Groove | 1/6/2006 | See Source »

...that Russia is worthy of the leadership of the G-8, which it will take for the first time this year. But no one will be giving him the benefit of the doubt after the dramatic resignation of his economic adviser, the outspoken liberal reformer Andrei Illarionov, 44. The economist, a Kremlin maverick, fought to curb state interference in the economy, particularly in the energy sector. But with Moscow tightening its grip on oil and natural gas, Illarionov was recently stripped of a key post with the G-8 and had his staff cut. Illarionov implies he had been under...

Author: /time Magazine | Title: Putin Boots A Reformer | 1/3/2006 | See Source »

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