Word: economist
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...This is a fundamental change that has occurred in this recession," says Keith Leggett, a senior economist at the American Bankers Association (ABA). "It will have a lasting effect on who is able to get a mortgage in this country." (See how to plan for retirement...
...Spanish crises, arguing that they have always hated the euro and are now using their hedge funds and media operations to bring it down. Some suggest that speculators are attacking the euro to block moves toward tougher European Union regulation of the market. Others, like European Central Bank chief economist Jürgen Stark, suggest people are perpetrating a ruse to hide the U.K.'s budget deficit. "It's astonishing to see where most of the criticism of the euro is coming from," Stark says. "Much of what they are printing reads as if they were trying to deflect attention...
...West Bank GDP grew at around 8% in 2009, although that was an improvement on practically no economic activity at all. "We started from utter lawlessness, virtual disintegration in 2007," says Salam Fayyad, the Palestinian Prime Minister - an economist who graduated from the University of Texas and spent much of his career at the World Bank and International Monetary Fund. The Palestinian Authority had been sundered by the Hamas coup in Gaza; Fayyad - a technocrat's technocrat - freely admits that governance in the West Bank had long been marked by corruption and ineptitude. "The only way to gain Palestinian statehood...
...country credit improved police work. Demographers cite changing demographics of an aging population. Some theorists point to the evolution of the drug trade at both the wholesale and retail levels, while for veterans of the Clinton Administration, the preferred explanation is their initiative to hire more cops. Renegade economist Steven Levitt has speculated that legalized abortion caused the drop in crime. (Fewer unwanted babies in the 1970s and '80s grew up to be thugs in the 1990s and beyond...
...only does high unemployment severely hurt our country’s future, but it also hinders our ability to recover from the current crisis due to its effect on the national psyche. As renowned behavioral economist Robert Shiller clearly articulated in a recent New York Times article, for a country to truly recover from an economic crisis, workers must be personally invested in the country’s economy, confident enough to take out loans, and willing to take risks to fuel growth. Right now, the entire country is frozen in economic fear, paralyzed by the shattering depth...