Word: economisters
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...that doesn't mean we're off the hook. "There is enough oil, but most of the easy oil, the cheap oil has been got out," says David Wyss, chief economist at Standard & Poor's. Energy experts obsess over whether we've reached "Hubbert's peak," the point at which oil reserves are 50% depleted. That's because the remaining 50% gets increasingly harder and more expensive to extract. At some point in the next decade or so--estimates range from 15 to 25 years--the world's oil production will peak. Yet demand for oil will continue to rise...
...expert, Allen Sanderson—an economist at the University of Chicago who has studied the economics of sports—says that a football stadium is a bad investment for the citizens of New York...
Luke, a demographer and sociologist, said she combined her expertise with that of Kyvan Munshi, an economist at Brown University...
...this argument sounds familiar, it should: Peruvian economist Hernando de Soto expresses a similar view in “The Mystery of Capital,” which pinpoints a lack of formal property rights as a main culprit behind the developing world’s stagnation. Like his compatriot, Vargas Llosa heaps praise on the ingenuity of Latin America’s poorest, especially the shantytown residents who have organized to provide basic services to the disenfranchised. Still, he considers them incapable of generating the sort of structural change key to breaking the region’s cycle of misery...
...price for a passenger car rose $467, reports the Department of Labor. But because of improved brake, air-bag and theft-protection technology, which made cars more valuable, an increase of only $386 was built into the CPI in an effort to measure "constant quality," says Patrick Jackman, senior economist at Labor...