Word: economists
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Dates: during 1990-1999
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...around this time that, as the economist Michael Kremer has noted, Mother Nature happened to conduct an experiment that underscored the value of large social brains. Melting polar ice caps severed Tasmania from Australia and the New World from the Old World. Thereafter, just as you would expect, the larger the landmass and hence the population, the faster subsistence technology progressed. The people of the vast Old World invented farming before the people of the smaller (and, at first, thinly populated) New World. And the Aborigines of yet smaller Australia never farmed. As for tiny Tasmania, modern explorers, on contacting...
...house flick [pi], the story of a psychotic, self-mutilating mathematician who discovers a very big number that holds the secrets of the universe.) Books on mathematics, such as Fermat's Enigma and A Beautiful Mind, the tale of a schizophrenic mathematical economist who wins the Nobel Prize, hit best-seller lists here and abroad. (I came to appreciate the eclectic taste of our friends across the pond when my book The Man Who Loved Only Numbers shared the London Times best-seller list with two titillating biographies of Princess...
...ordered his food yet, and Ben Stein is already crying. It is terribly discomforting to hear a voice so famously monotone disintegrate into squeaky phonemes. But as he talks about his father, the noted conservative economist who died two months ago, he loses it. The late Herbert Stein forced the Watergate to install a satellite dish in his apartment so he could watch his son's Comedy Central game show, Win Ben Stein's Money. "After every show, I'd call my father and ask him the questions," Stein says. "He'd always say he didn't know the ones...
...bank's expenses, which include purchasing, installing and maintaining the machines as well as paying rent at nonbank locations. "Banks are being singled out for special treatment," Magnani says. "What other industry has been told it can't charge for products and services?" Concurs Robert Litan, a Brookings Institution economist who has completed a study of ATM fees for the American Bankers Association: "There is no justification for imposing surcharge bans on any type of ATM owner...
...pointed out that those estimates factor in two mild recessions sometime during the next 10 years and include assumptions that "do not contemplate the kind of growth that is actually going to occur." That would imply surpluses even greater than projected--a prospect confirmed by Allen Sinai, chief global economist for Primark Decision Economics, a forecasting firm. Sinai's "baseline" forecast, assuming no changes in taxes or spending patterns, is for a non-Social Security surplus of $1.3 trillion, or 30% above the official guess for the next decade...