Word: phenomenonal
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...should be at about 8.5% unemployment today, not slipping toward 10%. Something new and possibly strange seems to be happening in this recession. Something unpredicted by the experts. "I don't think," Summers told the Peterson Institute crowd - deviating again from his text - "that anyone fully understands this phenomenon." And that raises some worrying questions. Will creating jobs be that much slower too? Will double-digit unemployment persist even after we emerge from this recession? Has the idea of full employment rather suddenly become antiquated? Is there something fundamentally broken in the heart of our economy...
...problem with performance art is that it rarely leaves a physically lasting imprint. A phenomenon that graces street corners, park centers, and stages, this art form is inherently transient—miss out on one show, and you’ll never see anything exactly like it again. Meme Gallery, a new institution in Central Square, has devoted itself to extending the fleeting life of ephemeral works, and to providing them, often for the first time, with a legitimate home.Meme is housed in a one-story building once home to a travel agency. The gallery is an anomaly...
...back across the board, and that includes their philanthropic efforts. What that also means is it's going to bounce back once businesses themselves bounce back. So I'm not so much worried about the long-term trends. I think that this is going to be a shorter-term phenomenon...
Meet the man behind the LOLCats phenomenon...
Since the bursting of Japan's financial bubble 20 years ago, moreover, many observers have noted that Japanese society has become more "Japanese," cherishing tradition and homegrown values - a phenomenon that TIME's Hannah Beech a year ago called Japan's "discovery of Japan." Perhaps tellingly, the number of Japanese students at U.S. universities has declined in the last decade; there are now fewer Japanese students in the U.S. than Chinese or Indian ones. How Japanese is Japan? Well, consider this datum: Junichiro Koizumi, who led Japan from 2001 to 2006, and who in terms of economic-policy terms...