Word: wrongfulness
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Dates: during 2000-2009
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...other words, he's wrong a lot. But so are conventional economic forecasters, especially at the market turning points that can have the biggest impact on investors' portfolios. This is because, Prechter argues, standard economic models of financial markets depict prices as reflections - imperfect, perhaps, but still reflections - of true value. He believes instead that "waves of social mood are the driving factor" of both market moves and, to a certain extent, economic reality. He calls this approach socionomics, and he's doing what he can - his Georgia operation now includes a socionomics institute - to push it onto academic curriculums...
President Barack Obama recently sent a personal message to Pakistan's President Asif Ali Zardari, urging him to rally his compatriots to help the U.S. fight in Afghanistan. Obama's message may, however, have been sent to the wrong address, because it will likely take all of the the embattled Zardari's political energies - and then some - to simply remain in power. Already weighed down by the burdens of his deep unpopularity, the menace of burgeoning domestic extremism and a sour economy, Zardari faces a new crisis this Saturday with the expiration of an amnesty on corruption charges against...
...unvarnished picture of crime and corruption, helped or hurt America's perception of inner cities? It was a very fine line that we walked. There were scenes of black-on-black violence that I was apprehensive about. I thought, Are we showing the truth, or glorifying what's wrong with the neighborhood...
What Went Wrong So here's the big question: Why? Why did so much bad stuff happen in this decade? Was it just rotten luck or something more? Sure, some of it was simply randomness, but I think a strong case can be made that it was more than just chance that got things so bollixed up. (See TIME's special "Out of Work in America...
...Victorian era. But adolescence isn't the slow awakening it used to be, as Britain's soaring rates of teen sex and pregnancy indicate. The annual British Social Attitudes surveys chart a steady liberalization of British views on sex, with a majority of the public now finding nothing wrong with sex before marriage and same-sex relationships. Brits have long been apt to say they've got no problem with what people get up to in the privacy of their own bedrooms. But a tour of the erotica show in London suggests the stricture on privacy may be eroding...