Word: whited
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Orszag has been an unabashed behavioral geek ever since he read that 401(k) study. His deputy, Jeff Liebman of Harvard, is a noted behavioral economist, as are White House economic adviser Austan Goolsbee of the University of Chicago, Assistant Treasury Secretary nominee Alan Krueger of Princeton and several other key aides. Sunstein has been nominated to be Obama's regulatory czar. Even National Economic Council director Larry Summers has done work on behavioral finance. And Harvard economist Sendhil Mullainathan is organizing an outside network of behavioral experts to provide the Administration with policy ideas...
...federal regulations are reviewed and rewritten. "Cass is one of the people in the Administration he knows best," says Thaler, the founder of behavioral economics and co-author of Nudge. "He knew what he was doing when he gave Cass that job." (See who's who in Obama's White House...
...from public-service announcements, appeals by respected figures, even serial dramas to help reduce teen pregnancy and other social ills in developing countries - can assist us in making better choices. There was a run on energy-efficient lightbulbs after Oprah urged viewers to buy them; similarly, Michelle Obama's White House vegetable garden is intended to urge us toward fresh produce. We don't all realize that idling our cars wastes more energy than turning them off and on, or that granola is high in fat. And some of our choices are simply bewildering, which...
...outrageous monthly fees or face eviction. The resulting financial strains only compounded black Chicagoans' housing problems and drove their neighborhoods into decline. Satter, a history professor at Rutgers University, illustrates her lucid analysis of race and class on Chicago's West Side with the experiences of her father, a white lawyer and landlord who crusaded against the city's discriminatory policies and fought those who exploited black homeowners. But the story doesn't end with his premature death in 1965, at 49. By the late 1960s, an increasingly informed and outraged community was fighting back on its own. The ultimate...
...broadcast journalism: "Irving R. Levine, NBC News." That was the signature of my colleague and friend, who was as precise in his reporting and in his personal style as the neat knot on his trademark bow tie. He seldom removed his suit jacket, and he always slipped on white cotton gloves when reading a newspaper so the ink wouldn't stain his hands...