Word: economists
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Dates: during 1990-1999
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...didn't have to be this way, says Dr. Paul Ellwood, 71, the man who invented the phrase "health-maintenance organization" and who, along with Stanford University economist Alain Enthoven, developed much of the theory behind managed care. From his ranch in Wyoming, Ellwood sounds like a broken man, and in a too literal sense he is. He was thrown from a horse last month, fracturing his neck. (No, he was not paralyzed or treated by managed care.) The painful healing process has given him a lot of time to consider how disappointed he is with the system he helped...
...instance. But Japanese politicians do not have big budgets for experienced staff. Even if they could plead for help from the bureaucrats, that might not be wise. Consider the diplomat who was reassigned to Tokyo this year to direct one ministry's derivatives operations: he confessed to an economist friend in Washington before he left that he didn't have a clue how derivatives worked. As former Prime Minister Kiichi Miyazawa concluded last winter, "I fear we may not be quite ready for globalization...
...control lobbyists and criminologists, who call the book's research spurious, its statistics suspect and its conclusion--that "allowing law-abiding citizens to carry concealed handguns will save lives"--dangerous. Part of what's threatening about the book is its author: John Lott, a wonkish University of Chicago economist who has never been an N.R.A. member and prior to writing the book did not own a gun. (He has since bought a .38-cal. pistol.) "If I had really strong views about guns," he says, "I wouldn't have waited until I was 40 to write this...
Both Sinai and Varvares are raging bulls compared with Edward Yardeni, chief economist of the investment firm Deutsche Bank Securities. Formerly one of the stock market's biggest boosters, Yardeni now thinks the Dow may give one last spasmodic twitch up to 10000 by September, then fall 30% in 1999. That, he says, would be in anticipation of a global recession starting...
...years school vouchers were the darling of conservatives like University of Chicago economist Milton Friedman, but they seemed more like an academic exercise than achievable public policy. Factor in the fierce opposition of teachers' unions, which view vouchers as a threat to jobs, and they seemed like a very long shot. But lately vouchers have been picking up steam. Democrats like Milwaukee Mayor John Norquist and former New York Congressman Floyd Flake have joined Republicans in advocating school choice. And last week venture capitalist Ted Forstmann and Wal-Mart heir John Walton announced the Children's Scholarship Fund...