Word: economisters
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...this week's Visions issue, we look at the future of our work and our world. On the face of it, the two topics seem disparate, but I think you will discover our writers' making some provocative connections, from Tom Peters' talking about the global marketplace to Nobel economist Amartya Sen's exploring the link between jobs and political deprivation. And if anyone thinks that China's bid for superpower status does not depend on its famed work ethic, then she should read Yale professor Paul Bracken's essay, "Will China Be Number 1?" (The answer...
...favorite lines of speculation on the have/have-not mystery comes from Harvard historian and economist David Landes, who, after much subtle analysis (of the low rate of Argentine savings, for example, or the intense communal focus of the Japanese) returns unexpectedly to a conclusion of such radiant common sense one wants to put him in for the Nobel Prize. His conclusion: Optimism pays...
...would a breakup prevent future Netscapes--whose browser Microsoft ran over--from being illegally squashed? "It's a gamble," says lawyer and economist Robert Litan, of the Brookings Institution, who once worked for the Justice Department's antitrust division. Litan, who believes the Feds should go even further, joined three fellow economists in a separate brief that called for Microsoft to be split into three competing pieces. The trouble with Klein's remedy, Litan argues, is that where once there was one monopoly there now could be two--the applications and Windows sides--with the possibility that they will find...
...will continue to rage: In a time of near ludicrous stock valuations, does anyone really deserve the fortunes gained through stock options? "If you're a new-economy kind of guy you would say yes--the value of the stock is a reflection of the company's worth," says economist John van Reenen of University College London. "If you're more skeptical, you would say that the market's going bonkers and overestimating the value of these firms. I happen to think the market's going bonkers. But I've been saying that for the past 10 years...
...Johnson of her 1962 study, The Rich Nations and the Poor Nations. A Roman Catholic, she cheered the church's fight against inequity. Her plea for ecological sanity, Only One Earth, helped shape the U.N. environment conference in Stockholm in 1972. Co-author Rene Dubos praised her as an "economist who can talk to people through her human qualities...