Word: economisters
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Street Creds: Former member of economics faculty of MIT and Harvard; member of President’s Council of Economic Advisers; winner of Alan Waterman Award from National Science Foundation, 1987 and John Bates Clark Medal, 1993, for work in economics; former chief economist of the World Bank; Secretary of the United States Treasury, 1999-2001; former fellow at Brookings Institution; member of National Academy of Sciences...
Street Creds: Director of Congressional Budget Office, 1989-95; frequent Op-Ed contributor to New York Times, Washington Post; commentator for PBS and MSNBC; frequent testifier to United States Congress on economic issues; published economist; Senior Fellow at Brookings Institution...
...opponent Babson, a millionaire economist, has made headlines for bucking the Republican Party line on gay marriage. Babson, who is himself openly gay, has vigorously defended same sex couples’ right...
...argue that the euro has exacerbated Europe's regional economic differences because of its one-size-fits-all monetary policy, with the European Central Bank setting the same interest rates for all. "In the short term, monetary policy is driving economies apart, not bringing them together," says London-based economist Mike Taylor of Merrill Lynch. A recovery is under way, but it's weak. The Organization for Economic Cooperation and Development (O.E.C.D.) predicts that Euroland's economy will grow 2% this year, up from .4% growth in 2003 but well below the 3.4% expected for Britain and the 4%-plus...
...which placed 21st in 2001, has muscled its way back into the top 10 on the strength of renewed confidence and improved public-sector transparency. But China has fallen to 46th place, behind Latvia and Botswana. "The message to China is you've grown really well," says WEF senior economist Jennifer Blanke, "but if you want to continue to grow, you have to improve your institutions, cut down on corruption, improve property rights and ensure your work force is extremely educated." Even in an epochal boom, China hasn't fully secured its status as an economic superpower...