Word: hotter
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Dates: during 2000-2009
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...midst of one of our greatest recessions, economists are hotter than your last late afternoon romp in Widener stacks. This week, FM decided to journey over to one of the hottest (and economically sound) real estate investments around—the home of Professor N. Greogry Mankiw, one of Harvard’s favorite economists. What better home to investigate than...
...perch at the Banking Committee. That has put Schumer in an awkward position in the wake of the financial crisis, as his colleagues have sought to punish his friends by passing strict limits on executive compensation and demanding more transparency from banks. The seat promises to only get hotter as the committee moves this week to start formally drafting legislation to tighten finance-industry regulations...
...extension, whether we should really be concerned about potentially catastrophic temperature increases over the coming century. They further point out that plants may indeed thrive in a future with higher carbon dioxide levels - after all, greenhouses pump in extra CO2 to encourage growth - but they fail to note that hotter summers and increasing droughts could threaten agriculture. They assert that sea levels can rise only 1.5 ft. over the coming century, ignoring the very real risk of accelerated melting of the Greenland and Antarctic ice sheets, which would multiply that number. They downplay the risks of carbon dioxide...
...that increasing SO2 in the air deflects sunlight, which cools down the earth; when Mount Pinatubo in the Philippines exploded in 1992, for instance, the SO2 sent into the atmosphere created a brief global cooling spell. Levitt and Dubner advocate pursuing this geoengineering scheme, which could potentially avert a hotter world for pennies on the dollar, compared with the long-term work of shifting to a low-carbon economy. (See pictures of the effects of global warming...
Despite the recession, Halloween is hotter than ever. According to IBISWorld, a market-research firm, Halloween sales will reach a record-breaking $6 billion in 2009, up 4.2% from last year. Retailers from Biloxi, Miss., to Brooklyn, N.Y., are reporting strong Halloween revenue. Over the past four years alone, the Halloween industry - which includes costumes, candy, decorations and greeting cards - has grown a remarkable 48.5%. The holiday even broke sales records in 2008, when the economy was a real horror show. "A year ago, Halloween was all about escaping a crisis," says Toon van Beeck, a senior analyst for IBISWorld...