Word: economisters
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...world's shantytowns and slums represent the next big marketing opportunity for multinational companies. With sales growth harder to come by in a competitive world, enterprising companies are seeking expansion among the long-ignored lower classes. And it's about time, says C.K. Prahalad, a consultant and economist at the University of Michigan, who says these "aspirational poor" - people earning less than $2 a day who make up three-quarters of the world's population - could contribute an additional $13 trillion in annual sales to the global economy, if only companies would drill deep enough to reach them. "Nearly...
Levitt, along with Roland G. Fryer, an economist at Harvard’s Society of Fellows, examined large data sets to find that a baby’s name has less of an influence on his life prospects than earlier studies suggested. Sure, Temptress turned out to be a bit of a tramp, but Loser Williams grew up to be far more successful than his older brother Winner...
...freaky that when the U.S. tax code began to require Social Security numbers for listed dependents, seven million American children “disappeared.” Who knew that such fun and interesting questions could be solved through incredibly difficult multiple regressions? Or, for that matter, that an economist could write an easy-to-read book with such mass appeal...
...altering their students’ tests—erasing wrong answers and filling in the correct bubbles themselves—to boost scores. The study resulted in six teachers being fired and three principals being strongly reprimanded. As students prepare for final exams, let them be forewarned: with an economist like Levitt on your case, any monkey business in your blue-books will get you caught...
...Sumo-sized proportions—in the world of economics. A one-time resident of Wigglesworth H-entry, he excelled academically as an undergrad here, making Phi Beta Kappa his senior year. In 2003, he won the John Bates Clark Medal, awarded to the top American economist under age 40. Past winners include current Harvard faculty members Andrei Shleifer ’82, Martin S. Feldstein ’61, Dale W. Jorgenson, and Lawrence H. Summers...