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Dates: during 2000-2009
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What might help us better use economic forecasts, then, is to more explicitly take into account the limits that come with any forecast. You wouldn't find an economist publishing a paper in a journal without margins of error around the data - and yet we routinely drop such nuance when we talk about economic variables in public conversation. "One of the things that gets lost is the fact that there are ways of trying to assess errors in forecasts," says Robert Eisenbeis, a former researcher at the Atlanta Fed who is now chief monetary economist at the money-management firm...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

...economist who chaired President George W. Bush's Council of Economic Advisers. "You're always keeping in mind the inherent uncertainty." The Bank of England is a big user of the fan chart when its economists talk about inflation forecasts. Plenty of U.S. agencies, like the Social Security Administration, use them...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

...better part of the past half-century, feminists, their opponents and armies of academics have debated the differences between men and women. Only in the past few years have scientists been able to use imaging technology to look inside men's and women's heads to investigate whether those stereotypical gender differences have roots in the brain. No concrete results have emerged from these studies yet, but now a new functional magnetic resonance imaging (fMRI) study of children offers at least one explanation for some common tween social behaviors: girls are hardwired to care about one-on-one relationships with...

Author: /time Magazine | Title: Why Girls Have BFFs and Boys Hang Out in Packs | 7/17/2009 | See Source »

Bradt said that students, faculty, and staff have "repeatedly requested judicious use of broadcast e-mail" and that the administration is attempting to accommodate those wishes. But he said that FAS will be updating the planning site to have alphabetical or chronological sorting capabilities for easier accessibility...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: FAS Trims Summer Student Services | 7/17/2009 | See Source »

...Fine Arts Libraries. The Fung Library—which houses collections for the Weatherhead Center, the Fairbank Center for Chinese Studies, the Documentation Center for Contemporary Japan, and the Davis Center for Russian and Eurasian Studies—has restricted circulation of its collection materials to in-house use only, as of July 14. The library will no longer be a delivery point for Harvard Depository materials owned by other libraries as of July 7, and materials from other libraries cannot be called to Fung either. Furthermore, Fung will no longer provide course reserve materials beginning in the fall. Those...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HCL Restricts Fung Library Circulation | 7/17/2009 | See Source »

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