Word: economist
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...final party, just like Tsiknopempti, before things get leaner. A recent poll in the newspaper Ethnos reported that 73% of those surveyed said they were willing to make sacrifices to turn the crisis around. "Greeks know the days of living on borrowed money are over," says investor and economist Timos Melissaris. "The time has come to pay the bill." Lent, it seems, is going to last a hell of a lot longer this year...
There have been other efforts to value ecosystem benefits, notably by British economist David Pearce, through his book Blueprint For a Green Economy, which was influential in the 1990s. (Professor Barbier was a coauthor.) What's different now is the urgency - we get news of nature disappearing every day - and new tools for measuring value, since research on ecosystems and valuation metrics have been evolving steadily over the last 20 years. Through programs like the Millennium Ecosystem Assessment, drawing on the work of more than 1,360 experts worldwide, the economic value of biodiversity - which, alas, is often determined after...
...treaties in such a way that allows rich member-countries to bail out poorer ones is a step toward integrated eurozone fiscal policy as it necessitates the coercion of the poorer countries’ fiscal policymakers. Although austere German inflation-hawks might disagree, any interventionist French politician-turned-economist would gladly proclaim that fiscal policy is inherently, and rightly, subject to political forces. Indeed, in that country, unlike in Germany and the U.S., elected politicians dictate what federal rate-setters ought to prioritize...
...after it's launch, the project could cost between $300,000 to $400,000 a year to maintain. Yet even that relatively small amount has some organizations, including a national pet-product trade group and even the Humane Society, raising concerns. Jennifer Fearing, California senior state director and chief economist for the U.S. Humane Society, supports the measure's aims but worries about whether it can get passed. Says Fearing: "I would be shocked if this legislature is prepared to enact any tax this year, much less one levied on pet owners who are struggling to care for their animals...
Rather than relying on such underestimates, the Produce Safety Project study used CDC data showing that there are 76 million new cases of foodborne illness in the U.S. each year. Study author Robert Scharff, a professor at Ohio State University and a former FDA economist, then tried to account for the overall cost of illness, factoring in every expense, from onetime costs for prescription medication to losses in "quality of life" - a dollars-and-cents picture of exactly how miserable that bout with a bad falafel made you. "The study really illustrates just how serious foodborne illness...