Word: economists
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Dates: during 1990-1999
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...Human rights are the most important subject of this century and the 21st century," said Cyrus Bina, an economist and affiliate in research at the Center for Middle Eastern Studies who signed all of the petitions. "This is the first step to be taken by human societies to live together in this shrinking world...
...have to be an economist to know that $5.15 an hour isn't going to move anyone into a higher tax bracket. In fact, without an increase the minimum wage will sink to a 40-year low when adjusted for inflation. Currently, a full-time minimum-wage worker earns $8,500 annually--one third the average U.S. wage. Even with a complement of welfare, food stamps and tax credits, that income falls well below the $15,600 poverty line for a family of four. Administration officials say additional studies show that the 11 million workers who would benefit from...
...Black economist Glenn C. Loury makes a powerful case for the rediscovery of black racial honor. He believes progress toward racial equality depends on acknowledging and rectifying the dysfunctional behaviors in the black community. This is usually taken to mean the underclass must clean up its act before it can move into the mainstream. But there are dysfunctional behaviors outside the ghetto that could also stand re-examination: the white notion that the country has already done enough to secure racial equity, and black middle-class complicity in the deterioration of inner-city schools. In both cases, honor depends...
...seemed to provide a model of hard work, thrift and cohesion. Back in the early 1990s, both Japan and its competitors believed it had invented an economic version of the perpetual-motion machine. And that being the case, there was no reason for the miracle to end. M.I.T. economist Lester Thurow declared that the 21st century belonged to Japan. Sony co-founder Akio Morita and nationalist Shintaro Ishihara wrote a best seller arguing that Japan had an unbeatable lead in technology, thanks to its superior economic and social system...
Still, the evidence of recovery is at best mixed. One prominent Japanese economist, Johsen Takahashi of the Mitsubishi Research Institute, remains a bear. He does not believe the economy can grow at the 1.75%-a-year rate the government predicts as a minimum for the rest of the decade; but even if it did, that would set average growth for the whole decade at just 1.5%. "We are at a crossroads," says Takahashi. "If we reform through measures like deregulation, we might end up with something like the American economy. But if we don't, we could go the route...