Word: scant
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...should be teaching more about modern finance and these tools, not less.”HARD TO STUDYWhile economists disagree over whether anyone could have predicted the snowball reactions of the financial markets, they acknowledge that such large and calamitous events are relatively unstudied.Some say the scant attention paid to market meltdowns was a natural product of their infrequency, despite their outsized ramifications. The last systemic market failure—the events precipitating the Great Depression—has been studied as a historical anomaly and not as a recurring event.But at the same time, economics as a field...
...reflected on our own priorities. I listened, as a professor affiliated with two departments that have scant resources to start with and are constantly pleading for augmentation. For years, the tiny Department of Sanskrit and Indian Studies has been trying to get the study of South Asia on the intellectual map of FAS and is working, even now, to create a broader program in South Asian languages, cultures, and histories. India, Pakistan, Nepal, Bangladesh, Sri Lanka and Tibet—all are ever more important to understanding the world in which we live. And for many years, the Study...
...blindsided professional reporters and roiled the primary race--one of many instances in which Internet muckrakers made a difference in the campaign, argues Eric Boehlert. The former Salon and Rolling Stone writer calls this liberal "netroots" movement the strongest political force since the Christian right--one that, oddly, draws scant attention from the mainstream press. Boehlert finds engaging stories among his eccentric band of activists, including the paralegal who scored a personal call from Obama for running the candidate's largest MySpace fan page. But those profiles get bogged down in grinding detail and tiresome accounts of blogosphere squabbling...
...Unlike Georgia's other separatist region, Abkhazia, which has a port and a coast attractive for tourists, South Ossetia has scant economic activity, making it largely dependent on Russia. Kokoity has frequently expressed hopes that South Ossetia would join North Ossetia, across the border in Russia proper, to recreate Alania - the land South Ossetians see as their ancestral homeland. But Russia, mindful of international disapproval for changing borders by force, has announced no plans to absorb the region into the Russian Federation...
...retirement home for washed-up national politicians. Its debates often drift towards a pomposity that is only amplified by translation into 23 official languages. The body's monthly commute from Brussels to Strasbourg, a nonsensical legacy of French pride, merely reinforces suspicions that MEPs spend lots of money to scant effect. (Read: "Brussels Beats Up On Bulgaria...