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...smartest undergrad anyone knew, but as he surveyed his research options 30 years ago, he settled on the then relatively unsexy specialty of labor. The subject tickled his sense of skepticism. "The view that was taking hold at that time, a view that unemployment wasn't a terribly serious problem, was importantly wrong," Summers says. "I thought if you could have areas where there was long-term substantial unemployment, then that raised some questions about the functioning of markets." In essence, Summers saw in unemployment a chance to explore how markets don't work - and to think about policies that...
...hastily arranged news conference on Thursday afternoon, Merkel, an often serious, even dour leader, was overjoyed when she broke the news. "I am exceptionally happy about this decision, which is along the lines of what the government wanted," she said. "It's clear the patience and determination of the government paid...
...breakup of the Soviet Union), developed countries' emissions actually increased 14.5% during this period. "The fact is, even if India stopped breathing today, the West would have to undertake cuts at home to save the world from an ecological catastrophe," says Narain. More crucially, she adds, "there is no serious effort towards lifestyle changes in the west. Households need to consume less. More people need to take public transport...
...other producing credits, including “Thin,” a 2006 documentary focusing on the rehabilitation of women with life-threatening eating disorders. While the production of a magazine hawking $4,000 wool coats may seem like something of a departure from Cutler’s more serious subject matter, he insists that the industry is worth exploring. “I’m really just telling stories about people,” he says. “Anna was a subject who struck my curiosity. [She’s] a remarkable figure not only...
...Potter while writing about Cigna. Goldstein, who now works for the pro-reform advocacy group Health Care for America Now!, heard that Potter was quietly reaching out to some pro-reform advocates about possibly going public. "I called him, and I said, 'Is this true? Are you seriously interested in this?,' " remembers Goldstein. "And he said, 'Yes, I think I am.' He had a little bit of trepidation." Goldstein helped connect Potter with Democratic Senator Jay Rockefeller, who chairs the committee before which Potter ultimately appeared. Since then, "his activism has been nothing short of astonishing," says Goldstein...