Word: enormouse
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The investment by Abu Dhabi, part of the United Arab Emirates, also marked a turning point of sorts for sovereign wealth funds (SWFs). These enormous pools of wealth, controlled by governments in countries that have been getting fat off high oil prices and a booming global economy, are viewed skeptically...
And how did things work out? Laffer is convinced that the reduction of the top tax rate from 70% to 28% during the Reagan years paid for itself--in part by encouraging the rich to stop finagling--and the evidence mostly backs him up. "You find these enormous responses in...
Recent events have overtaken my considerations for Person of the Year. I think stem-cell pioneers James Thomson and Shinya Yamanaka are good nominees. I'm not a molecular biologist, but their discoveries with stem cells will have enormous scientific and political impact--which is very rare. Certainly, this discovery...
Raising a passel of kids is an enormous financial undertaking even for the affluent. An oft quoted 2004 study by the U.S. Department of Agriculture found that families earning at least $70,200 a year spent $269,520 raising one child--and that's just until the age of 17...
Children in and around Boston can hope to receive more than just a lump of coal in their stockings this year thanks to the Phillips Brooks House (PBH) annual Holiday Gift Drive. The drive, which aims to collect over 1,000 gifts, began yesterday when PBH staff placed collection boxes...