Word: loss
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...window fallacy. Just as a broken window creates work for the glazier at the expense of the window owner, money that Kinsley hopes to inject into the economy must first be taken out of it. Add in collection costs and the usual political malfeasance, and we have a net loss to the economy. There's more: Kinsley argues that last summer's high oil prices were essentially a tax on consumers; the money just went to oil companies instead of the government. But he forgets that oil companies do not have control over their prices. If they did, then...
...Tribe said. “Her name was bandied about in the media, but she was never a serious contender.”CHALLENGES FOR THE NEXT DEANObama’s gain, though, is already being viewed by Law School faculty as Harvard’s loss. Many say they agree that Kagan’s successor will find it difficult to follow Kagan, who was described by law professor Einer R. Elhauge as “the greatest dean in her time.”Other legal academics have expressed uncertainty over whether Harvard can build upon the institutional...
Boston College's victory over North Carolina on Sunday made national news as the first loss of the season for the Tar Heels, who had beaten all their previous opponents by an average of 20 points per game. The Eagles moved into the top 25 for the first time all year after the upset, and will likely exit the polls next week after the loss to Harvard...
...School students and faculty, although excited at the prospect of their dean ascending into the national spotlight and possibly to the Supreme Court, lamented the loss of the woman they said has made the school a friendlier, more diverse, and vibrant institution...
...Japan's exports declined 14.5% in November, the largest monthly drop since the country started compiling such data in 1975. Toyota recently warned that in its coming fiscal year it would suffer its first annual operating loss in the company's 70 years. The carmaker also plans to suspend production at all 12 of its Japanese factories for 11 days in February because consumers worldwide aren't buying. Masafumi Yamamoto, head of foreign-exchange strategy for Japan at Royal Bank of Scotland, says a 10% appreciation of the yen slashes the GDP growth rate by 0.3 to 0.4 percentage points...