Word: havener
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There are aspects of Keynes that haven't worn so well, his disdain for long-run economic considerations among them. ("In the long run we are all dead," he wrote in 1923. He would make it to 1946, but we're all still here.) When there's an immediate crisis to battle, though, Keynes makes for a reassuring companion. While he is sometimes depicted by U.S. conservatives as a wild-eyed socialist, his actual mission in the 1930s was to save capitalism. Now that capitalism may need saving again, is it any wonder that we turn again to Keynes...
...once the darlings of international investors - is that however much they run, they can't hide. It's still too early to predict the full consequences of the financial upheaval in the U.S. and Europe, but it's already clear that the boom years are over. Turkey's banks haven't tottered, but its economy is now starting to. After six years in which growth averaged almost 7% annually, most forecasters expect the economy to expand by less than 4% this year and next. Foreign direct investment poured into Turkey this decade as companies ranging from French insurer...
...season of political insanity. His has been a remarkable campaign, as smoothly run as any I've seen in nine presidential cycles. Even more remarkable, Obama has made race - that perennial, gaping American wound - an afterthought. He has done this by introducing a quality to American politics that we haven't seen in quite some time: maturity. He is undoubtedly as ego-driven as everyone else seeking the highest office - perhaps more so, given his race, his name and his lack of experience. But he has not been childishly egomaniacal, in contrast to our recent baby-boomer Presidents - or petulant...
...General David McKiernan, the top U.S. commander in Afghanistan, believes the militants are now so strong that they pose an "existential threat to the future of Pakistan." Admiral Mike Mullen, chairman of the Joint Chiefs of Staff told reporters at the Pentagon on September 26 that the terrorist safe haven in Pakistan "has gotten safer this year. The insurgency has gotten more sophisticated...
...Statistics certainly reveal that Chileans have a growing fear of crime. Indeed, there is some evidence to suggest that they worry about it more than almost everyone else in the region - a startling finding in a country that prides itself on being a haven of safety in a dangerous continent...