Word: economisters
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...words did little to settle debate over the extent of China's overheating or the prospects for a soft landing. The latter is "possible but difficult," says Morgan Stanley's chief economist for Asia, Andy Xie. Because of the country's underdeveloped capital markets, "China doesn't have the instruments to fine-tune the economy," he says. And what does Greenspan think? Chinese authorities "are wholly aware of a rate of growth in a number of industries which are not sustainable," he said last week. With unruly markets hanging on their every word, both Greenspan and Wen are being careful...
...News has cornered the Republican market. I think what’s been done with Fox is great,” she said. “[It’s the] same way that People sells more magazines than the Economist...
Despite Horn's sangfroid, there is no guarantee that Troy will be a hit. Summer blockbusters have become the riskiest investment in the film business. In his book Hollywood Economics, economist Arthur De Vany analyzed 2,015 movies to determine what succeeds and what fails. The answer, best summarized by screenwriter William Goldman, is that "nobody knows anything." What De Vany did learn is that moviegoers behave according to the principles of Bose-Einstein condensation--a fancy way of saying they are more likely to go to a movie if they receive an "authentic signal" that other people have enjoyed...
Schauer served on the Faculty Oversight Committee that steered the CID after Columbia University lured the center’s founding director, economist Jeffrey D. Sachs ’76, away from Harvard...
...steel is insatiable, and companies are ravenous for bank loans to finance their expansion. China's central bank boosted interest rates in April, but there's still the risk of an explosive burst of inflation that could cripple economic growth. Even if inflation remains in check, says economist Donald Straszheim, China is likely to face severe blackouts as its inadequate electrical grid struggles to supply enough energy to power the economy...