Word: sawing
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...figure in the revival was the University of Chicago's Milton Friedman--and his libertarian ideological bent was certainly a factor. Friedman never believed markets were perfectly rational, but he thought they were more rational than governments. Friedman saw the Depression as the product of a Fed screwup--not a market disaster--and convinced himself and other economists (without much evidence) that speculators tended to stabilize markets rather than unbalance them...
Subsequent years saw more challenges to the core assumptions of the rational market. Even Fama retested his 1969 efficient-market hypothesis and found it wanting. But the strong performance of the U.S. stock market and economy tended to silence doubts about the wisdom of the market both on campus and where it really mattered--in Washington and on Wall Street. Shiller warned repeatedly of irrational exuberance in stocks in the late 1990s and in housing in the early 2000s. He was largely ignored both times--until he turned out to be right. Unwillingness to countenance the possibility that market prices...
...departures of Seidner and Llodra may hamper HMC's ability to take advantage of investment opportunities that arise as financial markets recover. Mendillo recently stated in an interview with The Crimson that she saw the economic crisis as an "opportunity for change" that she hoped the Company could use to its advantage, noting that she would be looking to hire some top-notch traders in the coming months as well...
...icanhazcheezburger.com and failblog.org. And that's no accident: all three, as it turns out, are the domain of Seattle-based meme guru Ben Huh, 31. One of his staffers sent him a link to Hoekstra's original tweet, Huh says, and as the responses started flowing in he immediately saw meme potential in Hoekstra's juxtaposition of the horrific and the banal. "You can't really explain why it's funny, but it is," he says. Huh has not yet heard from Hoekstra, but he expects the congressman to be overwhelmed by satirical posts next time he logs online...
...millions of Iranians took to the streets of Tehran over the past week to protest the presidential-election results, exiled opposition group the National Council of Resistance of Iran (NCRI) saw its moment. "This uprising is the result of 30 years of murder, oppression and corruption by an Iranian regime we've dedicated our entire lives to fighting," Mohammad Mohaddessin, chairman of foreign affairs for the Paris-based group told TIME. "Even if protesters aren't calling for [the NCRI] to take power, it's only natural that, given our organization's experience, our clandestine networks are playing an important...