Word: ouring
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Hot Tub Time Machine works because it doesn't just take delight in lampooning the deserving '80s, it reminds us that our iPhone-carrying, Red Bull-swilling, video game-playing culture will soon enough make a fine target as well. The times are always changing. Walking into their ski lodge...
Indeed, Richards and his partners got a bit of unexpected good news in mid-March. A newly released report uncovered accounting tricks at Lehman Brothers, causing many to compare the defunct investment bank, which failed in September 2008, to Enron. That put the energy company, at least briefly, in the...
Hardly anything else in Smith's work is nearly that simple or consistent. Consider The Theory of Moral Sentiments, his long-neglected other masterpiece, published 17 years before The Wealth of Nations, in 1759. I recently cracked open a new 250th-anniversary edition, complete with a lucid introduction by economist...
Fat chance. Most of the book is an account of how we decide whether behavior is good or not. In Smith's telling, the most important factor is our sympathy for one another. "To restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature," he...
“Both for teaching reasons and for the importance of [macroeconomics and finance] to research ... we have made these fields two of our top field priorities,” said John Y. Campbell, chair of the economics department. Acquiring Simsek was a “huge success,?...