Word: idealism
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...evening of stand-up comedy is held in a room furnished for the AEA's more traditional meetings: ugly carpeting, stiff conference-room chairs and a screen for PowerPoint presentations. Not exactly the ideal setting, but as an audience member remarks, "This is the Carnegie Hall for economists who are also comedians." For attendees, it's the biggest night of the conference: boisterous comic relief to end a week packed with enticingly titled seminars such as "Arbitrageur of Capital" and "Dynamics of Asset Returns and Liquidity." "Microeconomists are wrong about specific things, and macroeconomists are wrong about things in general...
...African Americans over generations has become universally acknowledged. Above all, black American ministers have replaced British politicians, at least in perception, as the world's most eloquent public users of the English language. Our homegrown Martin Luther King Jr. has knocked Winston Churchill off his perch as the ideal...
...socialized and nibbled on an array of hors d’oeurves. A spectrum of colorful sticky notes adorned the walls of the room with the attendees’ reasons for coming to the event. One of the main issues? Family Drama. According to Francis, matrimonial festivities can be ideal opportunities for communication between friends and relatives. “This is sometimes an educational moment,” said Francis. “It can be a growth opportunity for people.” And, in keeping with its message of openness, the seminar wasn’t only...
...panels to promote alternative energy; green school buildings and sewage-treatment plants; wetlands restoration in the Everglades and coastal Louisiana; repairs for aging dams, bridges and airports - plus broadband networks, research, job training and, as Obama has suggested, anything else that seems like a good idea. This is an ideal time for the government to spend money on infrastructure, because labor and equipment are cheap. And improving our shameful infrastructure will improve our competitiveness...
...ideal focus of infrastructure spending would be green projects that help reduce our addiction to fossil fuels, but there's only so much of that ready to go. Nathaniel Keohane of the Environmental Defense Fund started ticking off his wish list in an interview: $1 billion for homeowners to install energy-efficient windows, $750 million for truckers to use fuel-efficient equipment, $600 million for smart boiler controls. "Still $998 billion to go," he said with a sigh. "Really, I spent time on this, and it's a reach to get to $100 billion." Obama and his team are starting...