Word: rationales
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ENGAGED. ANDREA MITCHELL, 50, NBC News correspondent, and ALAN GREENSPAN, 70, Federal Reserve chairman; after 12 years of dating. Mitchell told the New York Times it was "rational exuberance" that led to Greenspan's proposal, alluding to a pronouncement by the Fed chairman that caused world stock markets to tumble...
As Miller sees it, "Five thousand years of commodity-price history" says that oil should be priced at the "marginal cost of production"?the price at which it makes sense for companies to find and extract it from the ground. And that, Miller says, is currently about $40 per bbl...
Forget the T rides to Copley Square, where, once out, you are confronted by the mirror-like walls of the John Hancock Tower. Harvard students won’t need to schlep into Boston anymore (not that we ever do) in order to see the work of architect Henry N...
In Japan, attitudes toward space travel remain more ambivalent. It's an open question whether this is a sign of the nation's lingering lack of confidence after a long and painful hit to its status as a global economic power, or a mature and rational reluctance to get dragged...
As Miller sees it, "Five thousand years of commodity-price history" says that oil should be priced at the "marginal cost of production"--the price at which it makes sense for companies to find and extract it from the ground. And that, Miller says, is currently about $40 per bbl...