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Obama’s economic team has filed a comprehensive report on ARRP. According to New York Times economist Paul Krugman’s analysis of the report, “the plan would close only around a third of the output gap over the next two years.â?...

Author: By The Crimson Staff | Title: Weak Stimulus | 1/15/2009 | See Source »

According to the Romer-Bernstein report, the effects of this plan will last until late 2011, with unemployment still 1.5 percent higher than the natural rate. This stimulus package could define the first term of Obama’s presidency—there is no margin for error.

Author: By The Crimson Staff | Title: Weak Stimulus | 1/15/2009 | See Source »

The other myth that you see in this is the myth of panic. People assume, in an airplane crash, that there's pandemonium and people panic. But in fact, according to research done after earthquakes and natural disasters and airplane crashes, panic behavior rarely happens. In fact, as passengers are...

Author: /time Magazine | Title: Q&A: How to Survive a Plane Crash | 1/15/2009 | See Source »

That's one reason our critical infrastructure is in such critical condition. It's crazy to pretend that all airports are equally deserving of renovation funds when New York City and Chicago have the worst bottlenecks. We shouldn't even think about new bridges in rural Alaska or rural anywhere...

Author: /time Magazine | Title: How to Spend a Trillion Dollars | 1/15/2009 | See Source »

See the top 10 natural disasters of 2007.

Author: /time Magazine | Title: Asia Continues to Wrestle with Ferry Safety | 1/15/2009 | See Source »

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