Word: farsightedness
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Dates: during 2000-2009
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Svalbard is a repository for samples from national seed banks across the globe - almost every country in the world has one. Their purpose, of course, is to backup native plant varieties. If climate conditions change or a disease threatens crops currently in use, plant breeders can dip into seed banks...
Nowhere does it stretch further than in the Casco Viejo, Panama City's quaint, compact, colonial-era Old Town. Dating from the early-16th century and surrounded on three sides by the Pacific, the Casco - as it is affectionately known by locals - was named a UNESCO World Heritage Site in...
This would be a stark departure from the Bush Administration's us-vs.-them, neo--Cold War approach to the world, and it would be far better received. It would still be hard to achieve, given that global power is far more diffuse today than it was in the late...
First, the most extreme economic argument against temporary fiscal stimulus--that consumers and businesses would see through it and restrict spending to prepare for the tax increases or spending cuts to come--has lost almost all its adherents. Economists no longer believe humans are that farsighted.
Politicians also can no longer ignore the demographic trends that will shape the country's economic future for decades to come. An aging and increasingly retired population will drive consumption patterns and shrink the workforce. Some 20 years from now, how will the country remain productive? Who will take care...