Word: idea
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...show or a novel is that you as the player have choice. You can always do any of five or six things at once." Imagine Victor Hugo trying to write Les Misérables with Jean Valjean under the reader's control and you'll get some idea of what Houser is up against. The player is both the audience and the ghost - a mischievous poltergeist - in the machine...
This is what some economists call the paradox of thrift. The notion is generally credited to Englishman John Maynard Keynes--seemingly the source of every important economic idea these days--although he doesn't appear to have actually used the phrase. Paul McCulley, an economist and portfolio manager at bond giant Pimco, defines it like this: "If we all individually cut our spending in an attempt to increase individual savings, then our collective savings will paradoxically fall because one person's spending is another's income--the fountain from which savings flow." (See the top 10 financial collapses...
...could obscure the need for big changes in behavior. "If the moral of today's crisis is 'Let's stimulate this and bail out that, and as soon as things get back to normal, we can go back to a debt culture,' that's just not a sustainable idea," he says...
...Sloan, how do you react to the idea of a divine interventionist...
...idea she was your daughter...