Word: economisters
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...asked Paul Krugman, a Princeton economist, what he thought about the widespread perception that his colleagues are an incorrigibly conservative bunch. “Gosh,” he replied. “Economic theory definitely doesn’t make you laissez-faire by definition...For what it’s worth, the best-known economists of my generation (50ish) are mainly, though by no means entirely, moderate Democrats...
PESTER POWER. Tweening. Viral marketing. Juliet Schor, a psychiatrist and economist, exposes the multibillion-dollar advertising schemes aimed at America's kids in Born to Buy: The Commercialized Child and the New Consumer Culture. TIME met with Schor...
...Economist Juliet Schor explains why and how advertisers target children
...populist win, but higher corporate taxes will likely do nothing to protect French jobs and could end up making the E.U. a whole lot less competitive. "The question isn't halting the departure of lower-skilled jobs to cheaper markets, and Sarkozy should know that," says Marc Touati, chief economist of Natexis Banques Populaires. "The challenge is getting those same companies to reinvest gains made from outsourcing to create new jobs in research, hi-tech and skilled services back home." It all just reinforces the impression among critics that Sarkozy cares more about publicity than policy. "Politically...
...over $21 billion, $18 billion of which is in arrears, while Somalia has around $2.5 billion in debts and lacks a functioning government. "Countries that are most indebted are not necessarily the ones that have the best policies and institutional environment to best make use of aid," says an economist working for a major Western donor. "Or indeed spend any money whatsoever." So even for countries that have benefited from debt relief, write-offs are only one step on the ladder out of poverty. And it's a small step. "Frankly, debt relief should be put in the proper perspective...