Word: greenspans
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Dates: during 2000-2009
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Hart said he first learned of students’ problems with Neugeboren on Oct. 18, when he received a letter written by economics concentrator Aaron Greenspan...
...After a number of sub-par lectures, to put it moderately, I decided that I couldn’t take it anymore. I wrote a letter and began the laborious process of trying to circulate it,” Greenspan said...
...Greenspan sent the letter to Hart, Dean of Undergraduate Education Benedict R. Gross ’71, Assistant Dean of Undergraduate Education Jeffrey Wolcowitz and Benjamin Friedman, director of undergraduate studies in the economics department...
...Lancelot of economics, Alan Greenspan, was knighted by Queen Elizabeth II last week. But some top economists worry that the U.S. Federal Reserve Chairman has moved too slowly to slay the dragon they hear stirring: deflation. The term describes an economic slough of despond in which capacity exceeds demand, inflation drops below 0%, companies sit on their cash rather than investing it, prices fall and wages retreat. Workers paid low wages in inflationary times find their debt harder to repay if they get a further cut-a terrible prospect in this period of record credit-card bills. Deflation has devastated...
...lower than they were last autumn, and they may be headed lower still. Lehman Bros., Goldman Sachs and Deutsche Bank all predict that the benchmark short-term federal-funds target rate--at just 1.75%--will go to 1% by the end of the year as Fed Chairman "Sir" Alan Greenspan (soon to be knighted for his role in the global economy) dons armor against the double-dip recession dragon. A quarter-point cut could come this week. A lower fed-funds rate is bad news for savers. Yields on things like money-market funds and short-term bank CDs, already...