Word: interestingly
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...argued, of course, that life- and disability-insurance companies have everything to gain from customers who live long and healthy lives - and continue to pay their premiums. So it would not be in the insurers' interest to support tobacco use. But the authors argue that in fact, insurers profit both ways. "Although investing in tobacco while selling life or health insurance may seem self-defeating," the authors write, "insurance firms have figured out ways to profit from both. Insurers exclude smokers or, more commonly, charge them higher premiums. Insurers profit - and smokers lose - twice over...
...point is, there are civilized compromises to be made - not always, but often - on even the toughest social issues. We are beset by wars and economic distress, and we no longer have the luxury of ceding these discussions to demagogues and fundraising interest groups. It's time to move...
...marriage debate to the front and - critically - center of American political discourse. For all the successes gay-rights lawyers from the ACLU and other groups have had over the years, they never quite escaped the perception of many Americans that the cause was somehow a fringe concern of primary interest to advocates and opponents. As recently as last year, gay marriage was considered so extreme that no major candidate from either party in the presidential election had any qualms about opposing...
...taken in 2002 to pay for planning initiatives, infrastructure improvements, and redevelopment of acquired property—has similarly dried up. Hyman said earlier this spring that the Strategic Infrastructure Fund, as the tax is now known, has little, if any, discretionary money remaining after subtracting funds pledged for interest payments and expenditures.A DOSE OF REALITYThis year, the projected 30 percent hit to Harvard’s endowment has suddenly laid bare the risks inherent in the University’s aggressive capital financing.Harvard is now aiming to halve its spending in capital projects—currently estimated...
...prolifically, especially at the start of their careers, tends to encourage them to focus on problems that existing analytical tools can solve.“The recipe for something to be a successful research project,” Stein says, “is that it has to be interesting to some people and has to offer an idea or tool that others can easily work with.”In this sense, running more sophisticated regressions on a dataset may appeal more to young economists than searching for the most appropriate use of models or optimizing the balance...