Word: nobeled
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...creation comes through foreign investment, which is often the greatest driver of employment, technological progress, and benefits to consumers," says Ian Goldin, a vice president of the World Bank and co-author of a new book on globalization and development. Columbia University's Joseph Stiglitz, a Nobel prizewinning economist, adds a further thought: nations, he says, want to pick and choose between bits of globalization that benefit them and those that don't. "We believe that exports are good but imports are bad," says Stiglitz, "we believe in trade but only on one side, and that if things were fair...
...negative externalities—downsizing of relationships, severe aspirations, spending a great deal of time studying in the dark corners of Widener, and stress in general. Ultimately, these unfortunate aspects can be, and usually are, outweighed by benefits. The heights of human achievement—music, literature, scholarship: think Nobel prizes—none can be achieved without some degree of alienation, some degree of tears. And indeed, contentment with one’s personal circumstances is not a surefire route to happiness; living the good life—the tripped-out-on-antidepressants life, that is?...
...Nobel Prize-winning economist Milton Friedman famously said that “there’s no such thing as a free lunch,” but for students who earned the highest mark in the course last semester, there was a free mid-afternoon snack...
...Arias, 64, a Social Democrat who won the Nobel Prize during his first presidency in the 1980s for his work to end Central America?s bloody civil wars, defeated Otton Solis of the Citizen?s Action Party by just 1.1%, one of the closest margins in Costa Rica?s history, and he garnered only 40.9% of the total vote. Solis-who was backed by the radical and increasingly popular left-wing Venezuelan President Hugo Chavez-opposes Costa Rica?s entrance into the Central American Free Trade Agreement (CAFTA) with...
...Switzerland of Central America.? But in recent years it has been plagued by a moribund economy and a string of presidential bribery scandals that have made it a ripe target for left-leaning pols like Solis. Arias, meanwhile, ran a bland campaign that seemed to rest on his Nobel laurels. ?Such a weighty name was supposed to sweep away any opponent,? says political analyst Victor Ramirez, ?but [voters] proved it wasn?t enough to reconquer? a population soured by Costa Rica?s current troubles...