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...Taggart Murphy, a professor at the University of Tsukuba's business school in Tokyo, points to a now familiar Keynesian solution to deflation: more fiscal stimulus. But he says additional government spending is constrained by the country's already high debt load, which is approaching 200% of GDP. "Even if the DPJ (the Democratic Party of Japan, the country's ruling party) decided that their principle policy objective would be to end deflation," he says, "it's not quite clear to me how they'd go about...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

Nuni said that by February the SCCF needs to raise “a few hundred thousand dollars more in pledges” for its short-term needs. These include developing fiscal legitimacy and paying for a staff of advisers and lawyers from the real estate law firm Goulston & Storrs, many of whom are currently working pro bono...

Author: By Melody Y. Hu and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: Student Community Center Foundation Plans For New Center | 11/20/2009 | See Source »

...awful behavior, the case actually turned on a technicality of sorts - and may well be overturned on appeal. Believe it or not, the spectacular incompetence of the Corps may ultimately help its defense. And second, even if the Corps does lose on appeal, the resulting embarrassment - and the potential fiscal nightmare for the country - would be unlikely to promote the kinds of changes that would prevent another Corps-made disaster. (See pictures of recovery from the damage of Katrina...

Author: /time Magazine | Title: Will the Katrina Ruling Prevent Another Disaster? | 11/19/2009 | See Source »

Maybe the witches and wizards of the Harvard Quidditch team know a spell to ward off budget cuts. Despite fiscal pressure at the University, Harvard’s competitive Quidditch team recently conjured up a $600 grant—primarily to purchase broomsticks...

Author: By Julie M. Zauzmer, CONTRIBUTING WRITER | Title: Club Quidditch Team Works Budget Magic | 11/18/2009 | See Source »

...course, attractive deals can always trump fiscal responsibility. And plenty of retailers are offering incentives for husbands and wives to stuff each other's stockings. "In general, retailers realize that shoppers don't have as much money," says John Vincent, founder of BlackFriday.info. "They know you're not going to spend $1,000 on a TV. So they are emphasizing deals for smaller, more practical, more giftable items." Vincent points to Target, which on Black Friday will be selling $3 coffeemakers, toasters and sandwichmakers. Not exactly stuff that tugs at the heartstrings on Christmas morning...

Author: /time Magazine | Title: Thrifty Spouses Could Hurt Holiday Shopping | 11/17/2009 | See Source »

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