Word: enormouse
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What do you think of President Obama's fiscal stimulus package in helping to turn the economy around? The bill that provided something like $800 billion for spending on government projects was supposed to make people willing to spend their own money. But that hasn't happened. The implicit belief...
By monetary stimulus, do you mean the Fed needs to print more money? An increase in the money supply has historically always motivated people to spend and end a recession. And I don't know if there's any evidence that fiscal stimulus has the same effect on people's...
In the end, the biggest impact Obama makes during his trip to Africa might be the enormous accomplishment he has already achieved - getting elected President. Even though that alone will not be enough to oust dictators and usher in new democracies, it is sure to keep Diarra singing out of...
When the famous Galapagos first emerged through volcanic activity, it had no living inhabitants. Eventually, more intrepid animals made the journey there by riding on one of several currents that approach the islands from the mainland, from the northeast and southeast. These travelers included the now-famous finches favored by...
The enormous loss of life marked a bloody milestone in Beijing's administration of the troubled zone, in which Muslim Uighurs make up the majority of the population. It also presages a severe tightening of the already viselike grip the authorities maintain on the semiautonomous region, one that could be...