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...Reached via e-mail while traveling, Sunstein wrote that he selected his subject because of the importance he places on helping people make better decisions about “health and wealth and the environment...
...That's a dire prediction given that further outbreaks are expected throughout Asia in the coming months, according to Peter Cordingley, a spokesman for the World Health Organization. Cordingley says he's not surprised that the virus, which spreads most readily via wild birds migrating during the winter months, has struck Hong Kong again. "I'm disappointed because Hong Kong has done so well since this outbreak started," Cordingley says. "But this is a very versatile virus. It's on tractor wheels and in wild birds. It may be found on a farmer's boots. We've seen this virus...
...program will run indefinitely while the MBTA garners and gauges customer feedback. “We’re just hoping the customer will enjoy the experience. Some people will find it accommodating,” Rivera said. The MBTA plans to allow customers to provide feedback online and via surveys that will be available on cards in the new trains. Congestion has steadily increased on the T as ridership has risen 5.5 percent this year, according to information released by the MBTA last week. Red Line patron Richard F. Days said he has experienced the crowding first hand...
...recession deepens. The result, as former Treasury official Brad Sester points out, is that the overall U.S. demand for capital is diminishing - despite the government's appetite for more money to fund bailouts and a likely forthcoming stimulus package - while its own ability to fund its deficits is increasing via more domestic saving. The bottom line: the U.S. is becoming less dependent on Chinese investment...
...same time, it's not clear where else China would stash the dollars it earns via its massive trade surplus other than in U.S. Treasuries. Europe's economies are in no better shape than the U.S.'s, and it has again become clear during this crisis that the dollar - not the euro - remains the world's safe-haven currency. Beijing's other option - bringing home the dollars it earns via trade - would complicate China's own monetary policy and possibly drive up the value...