Word: expertly
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...hailed Obama’s pick as an “excellent choice.” Though the role of the CEA has been diminished since former President Clinton created the National Economic Council in 1993, Romer will be charged with leading a staff of professional economists that provides expert advice to Obama. In addition to Mankiw, past CEA chairs include Federal Reserve Chairman Ben S. Bernanke ’75 and economics professor Martin S. Feldstein ’61. Harvard Kennedy School professor Jeffrey A. Frankel said that Romer, a highly-regarded scholar of monetary and tax policy...
...rights supporters scored another major victory in court Tuesday, when a state judge in Miami tossed out a statute that had for more than 30 years barred gay people in Florida from adopting children. The decision came after a week packed full of dueling expert testimony over whether any evidence supports the state's contention that children are put at risk when raised by gay parents. The answer, said Miami-Dade Circuit Judge Cindy S. Lederman, is not at all: "The Department's position is that homosexuality is immoral. Yet, homosexuals may be lawful foster parents in Florida and care...
Similar statehouse fights are pending in South Carolina, Georgia, and Tennessee, says gay adoption expert and advocate Jennifer Chrisler, and more are likely to follow, as conservatives try to duplicate their successful strategy to ban gay marriage state by state. "The other side was very strategic about their efforts to ban gay marriage," Chrisler, executive director of the Family Equality Center in Boston, told TIME. "They were able to bring that issue to the attention of the American people well before Americans were ready to have that conversation. They are likely to use a similar strategy when it comes...
...system. What America needed was to copy aspects of the bureaucracy-managed economy - like its policy of providing state support to favored industries - that seemed such a stunning success in Japan. The American government "can no longer afford not to give more positive guidance" to the economy, wrote Asia expert Ezra Vogel in his 1979 book Japan as Number One, "if our country is to continue to provide world leadership and an optimal quality of life for its own citizens." This view evaporated as well, once Japan's economy stumbled in the 1990s. It became clear that government had contributed...
...Based on what we're hearing about the package, it not only involves very little funding beyond what was already in the pipes, but at 1% of GNP, it represents a very timid response to recession," says Karel Lannoo, an economic expert and chief executive officer of the Center for European Policy Studies in Brussels. "By contrast, the $2 trillion to $2.2 trillion used to keep Europe's financial sector from collapsing represents around 17% of E.U. GNP. That, too, was promised by national governments but was the result of more coordinated and better funded reaction to crisis...