Word: reinharts
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Christoph F. Reinhart, a professor at the School of Design, said that creating a green roof at Gund Hall may not save the school as much energy as other green projects, such as new insulation for the building...
...That doesn't mean there's no downside. Supersized sovereign debt is likely to depress economic growth. Hefty debt payments lead to heftier taxes, which bite into consumer spending and corporate investment. Economists Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University found in a recent study that once a country's government-debt-to-GDP ratio passes 90%, growth declines by at least one percentage point a year. For industrialized economies that rarely expand more than 2% or 3% a year, that's a huge chunk. "We're coming at a point in which growth...
...standards of the stimulus spent in the past year, this has a distinct advantage of being targeted to exactly what we want to do," says Vincent Reinhart, a senior fellow at the conservative American Enterprise Institute who has opposed many of the stimulus programs of the past year. "A job-creation tax credit is relatively efficient and can be spent quicker. You don't have to plan a bridge in order to get the stimulus dollars out there...
...municipalities, it's been good, but it raises some political-economy questions," says Vincent Reinhart, a resident scholar at the conservative think tank American Enterprise Institute and a former top Federal Reserve economist. "This might encourage even more expansion of government borrowing...
...There was never a good economic rationale for bailing out smaller banks," says Vincent Reinhart, a fellow at the American Enterprise Institute and a former top Federal Reserve economist. "Extending the program only compounds the mistake." (See 25 people to blame for the financial crisis...