Word: economisters
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...going back to 1960. No one wants to. But the two-parent household has rebounded recently—among the college-educated. Since the 1980s, divorce among them has fallen by 30 percent. Meanwhile, it has risen among the less educated by about six percent. Gary Burtless, an economist at the Brookings Institute, calls this difference a main driver of economic inequality. Why the two-parent household has become more popular among the college-educated and less so among other demographics is an important question—not a distraction...
...Nancy Folbre, an economist at the University of Massachusetts who served on the panel, says a focus on growth can be helpful. It's just that we need to think of the concept differently. "Growth doesn't have to mean more stuff," she says. "Isn't that the point of the report, in a way? That growth doesn't have to mean growth...
...Included in the panel were Princeton University's Daniel Kahneman, one of the first psychologists to apply happiness studies to economics; the British economist Nicolas Stern, whose influential "Stern Report" advocated green technologies to stimulate economic growth; and Robert Putnam, the Harvard sociologist and best-selling author of Bowling Alone, which traces the decline of the U.S.'s "social capital" through the decline of 10-pin bowling leagues...
...Economist Marc J. Melitz has returned to Harvard this fall as a full professor after having left campus in 2006 for a two-year stint at Princeton. Melitz, who is well known for his research on international trade and firm-level responses to trade, was an assistant and associate professor at Harvard between 2000 to 2006. According to Economics Professor Ariel Pakes, Melitz “changed a whole field with his thesis” that presented a new model for international trade economics. Economics Department Chair John Y. Campbell said that Melitz’s work...
...wielded his influence behind the scenes, and many fear that, as Secretary-General, surrounded by close allies, he could exercise veto power over policy legislation and undermine Hatoyama's control. Takao Toshikawa, the editor of the political newsletter Insideline, has named Ozawa the "new shadow shogun" (as has the Economist). He says, "Ozawa's power is increasing day by day, and I'm afraid that if Ozawa's influence becomes much greater, how Hatoyama will maintain leadership." Toshikawa calls Ozawa's views radical, particularly those that could threaten bilateral relations with the U.S. (Read Michael Elliott on Japan's rethinking...