Word: economisters
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...must be something in the water. President George W. Bush nominated economist Ben S. Bernanke ‘75 to lead the Council of Economic Advisers (CEA) in a statement April...
...There is a long tradition of economists leaving academia for a period of public service,” Mankiw said. “He will offer objective and sophisticated analysis. He is a superb economist and a fantastic choice...
Richard Florida is the pop economist people love to lionizeor hate. Three years ago, the George Mason University professor (then at Carnegie Mellon) wrote a book christening the creative class: an expansive group of architects, engineers, musicians, nurses and even lawyers who drive economic growth in today's knowledge economy. Attract those workers, and companies will follow, argued Florida. Some cities, like Detroit and Cleveland, Ohio, took the theory to heart. In other circles, Florida was written off as a quack. (Consider the subtext: tax breaks to lure business are pass?...
Inflation has been dead so long that even a warning from Alan Greenspan inspires skepticism. "I don't think we're going to have an inflation problem," said economist Robert Brusca of FAO Economics following the Federal Reserve Chairman's words of concern accompanying a hike in short-term interest rates last week. "I think we have a Fed-credibility problem." Brusca is more worried about nascent signs of weakness, including eroding consumer confidence. A slowdown would quell inflationary pressures quickly, and one theory is that Greenspan's warning was part hype to justify jacking up rates so that...
...body politic," and warned that willy-nilly lending by Chinese banks will wallop the economy. "I see a market filled with pitfalls," he says. "China is deceptive. Growth doesn't necessarily translate into profit." During a February luncheon in Hong Kong, Shan shocked the crowd by challenging Nobel-prizewinning economist Amartya Sen for praising Mao's "barefoot doctor" program as a sound way to provide health care to the poor. Shan, recalling his experience in the Gobi, noted that the government trapped people in the service in deplorable living conditions. Says he: "If there's a record that needs setting...