Word: long-running
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Itskhoki, the Economics Ph.D. student, said that despite the cuts Harvard might have the upper hand in the long-run, foregoing aggressive hiring now while assuming that it can poach the best young talent later...
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...
...UNFAO's Chipeta said he thought the world food crisis might help Ethiopia in the long-run. Shortages and higher prices would cut food aid. The immediate effect would be harsh, and thousands would die. But if Ethiopia were ever to feed itself, he argued, "you have to make sacrifices at some point." In the villages, they were already making sacrifices. Children were being left to die so a family might live. That's a calculation that can strike outsiders as cruel. Some conclude life in Ethiopia is cheap. That's would be a mistake, as anyone who has heard...
...throws in a few populist panders - he favors a windfall profits tax on oil companies (which could discourage investment in new energy resources), and says he would oppose raising the Social Security retirement age (which if phased in over a long enough period would be the fairest, most sensible way to ease some of the system's long-run funding challenges). Near the end of the speech, there was a hint of Obama's "yes, we can" vision: a plan to give $4,000 a year in tuition aid to college students who pledge themselves to community or national service...
Over the years, GNP and GDP have proved spectacularly useful in tracking economic change--both short-term fluctuations and long-run growth. Which isn't to say GDP doesn't miss some things...