Word: seemed
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Those 20,000 gallons, out of at least 11 million spilled, might not seem like much, and scientists initially assumed that whatever oil was left behind during the original cleanup would eventually break down naturally. But it turns out that crude oil - especially when it is spilled in a cold region like southeastern Alaska - lingers in the environment for years. And as long as the oil is there, it can harm the animals that might come into contact with it. Sea otters, for example - the face of the Valdez spill - dig millions of foraging pits in beaches around the Sound...
...received little attention. Economists should study how models can incorporate greater sensitivity to rare events, and how macroeconomic models can be better integrated with the outputs of behavioral finance models, says Stock.But at the same time, academics may generally be more reluctant than finance professionals to reject theories that seem to falter in the real world.“There’s a different mindset from the trading floor,” Brown says. “Traders have to cut losses at the first sign of trouble—academics want to dig deeper...
...debating many questions of importance to Harvard’s institutional well being. (Lewis even wrote a book sharing his opinions on Harvard’s direction as a university—he tellingly titled it, “Excellence Without a Soul.”) These voices, though, seem few are far between, despite the fact that there is little reason to stay silent. The University is not run by a bunch of ayatollahs, as the uneventfullness of my brief foray into public tactlessness seems to show...
...global transformation, sorely lacked. When Rice spoke in Egypt in 2005, she cast the democratic project as an American success story that would soon spread through the Arab world. "The day is coming when the promise of a fully free and democratic world, once thought impossible, will also seem inevitable," Rice promised the students...
...Voters think the stakes are lower than in national elections - or, at any rate, less clear," says Hugo Brady of the Center for European Reform think tank. "Moreover, the Parliament can often seem distant because few voters know what it actually does. And even if they do, the areas where the Parliament exercises most influence seem technical and dull...