Word: economisters
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Nearly a month after a Harvard economics professor was confirmed as Secretary of the Treasury, the Senate confirmed another Harvard economist, Kennedy School Professor Robert Z. Lawrence, to the Council of Economic Advisers on August...
...Allen Sinai, chief global economist at Primark Decision Economics, sees the Internet as having unleashed powerful competitive forces ?- new efficiencies in the way corporations do business ?- that may have changed the rules an awful lot. "The Internet structural change is a very big one, in the class of the railroad, the airplane, the automobile or the printing press," he says. "It should increase productivity growth and lower product prices. It could be the wild card for an inflationless prosperity." In other words, increased competitiveness among U.S. corporations with Net-connected companies around the globe could make the business world...
...buying leather jackets and cell phones right now, he cannot buy himself a college education, even if it has a sticker price. And that education is not just a debt that will begin accruing interest as soon as I graduate, it is also an investment. As Harvard economist Caroline Hoxby can tell you, my education's yield will far exceed the initial cost. If you have not taken Social Analysis 10, "The Principles of Economics," that means that I will probably earn back the amount of money I spent (or that my parents spent) on my education in my lifetime...
Shrinking dividend yields. Soaring price-to-earnings ratios. Bloated book values. Today that's so much hooey. The Dow is about to triple, argues a soon-to-be-released tract for our times--Dow 36,000 by journalist James Glassman and economist Kevin Hassett...
Conventional wisdom is that the lean, mean but powerful U.S. economy owes its strength to the armies of temporary employees that make up a larger and larger percentage of the work force. But this time conventional wisdom is wrong, according to economist Max Lyons of the Employment Policy Foundation, a Washington-based research and education group. Temps make up only between 1% and 2% of the total employed, Lyons argues in a recent study, and most of them do not temp for long; 75% of those who work temporarily do so for no more than a year. Lyons reveals...