Word: economisters
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...like Grant are learning what women have known for years. "The secret of these so-called women's jobs is that they do in fact involve a lot of skill and training," says Heidi Hartmann, a labor economist and president of the Institute for Women's Policy Research. Men often require more training and vetting for household positions, but the Pavillion Agency has fielded a "flood" of resumes from out-of-work men believing they can easily nab a post as, say, a personal chef...
...that shows a trend of increasing scarcity rather than abundance—human beings. Although there are more people on earth than ever before, their increasing economic scarcity, as indicated by rising wages, is a consistent trend in poor countries as well as wealthy ones. This rising value proves economist Julian Simon’s declaration that the spirit and creative mind of a human person is “the ultimate resource...
...forget foreign bonds and stocks, in which most Americans are underinvested. Many foreign countries have been privatizing state-supported firms and reducing regulations and bureaucracy (and corruption), moves that will ultimately benefit investors. Brazil and Argentina have potentially powerful economies, deeply troubled but on a road to reform, notes economist Mark Zandi of Economy.com And a U.S. dollar that appears to be headed lower in the next few years could provide a nice tailwind as your foreign investments are translated back into greenbacks...
After two years in Washington as the chief economist at the International Monetary Fund (IMF), Kenneth S. Rogoff will return to his position as a professor of economics at Harvard next year...
...will be delighted to see Ken Rogoff back at Harvard,” said Baker Professor of Economics Martin S. Feldstein ’61. “Rogoff is a first-rate economist and now will have the extra insights and knowledge that come from spending time in a key policy position...