Word: good
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Dates: during 2000-2009
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...weary dissidents and opposition leaders of Tbilisi call it the Show, the ready display of virility and political kinetics that Georgian President Mikheil Saakashvili reserves for the many visitors whose good opinion he seeks. "I'm sure you'll be charmed," says Tinatin Khidasheli, a human-rights lawyer who is a leader of the opposition Republican Party of Georgia, over espresso and cigarettes at the brand-new Radisson Tbilisi. "Everyone always...
This means that the future of Georgia once again rests almost entirely on the balance between Saakashvili's good and bad impulses. The case of Irakli Alasania, Georgia's former U.N. ambassador and the country's most credible opposition figure, may provide insight into which side of the President prevails. Several weeks before he officially made the announcement, Alasania told me he was planning to run next spring for mayor of Tbilisi, with the former public defender Subari on his ticket. Allowing such well-respected statesmen to run a free campaign would instantly legitimize the idea of multiparty democracy...
...wondered aloud late last year how economists had missed the problems that brought on the financial crisis. This September, economist Paul Krugman lamented "the profession's blindness to the very possibility of catastrophic failures in a market economy," unleashing a bitter debate over what the heck economics is good...
...Levitt and Dubner are about to land in the middle of this maelstrom with a new book, Superfreakonomics. It's very good - jauntier and more assured than their first. But is the world ready for freakonomics again? Or, to put it another way, can the freakonomists restore our shaken faith in economics...
Levitt likes his timing, since he sees macro as something of a dead end. "The problems of the macroeconomy are just so hard and the degree of complexity so immense that it's almost hopeless to think that we would have really good models of those systems," he says, chatting at his house a few blocks from the University of Chicago, where he teaches. (A video of the interview is at time.com/levitt.) Aside from the complexity, there's a crucial data limitation. "We have one macroeconomy," Levitt explains. "We get to watch the world unfold once." That means...