Word: philadelphia
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Should journalists strive to present ideas as balanced, regardless of the actual credibility of either side? Jonathan Silver, PHILADELPHIA...
...least until you consider how many other economic forecasters got it wrong. Dozens of states have found themselves with budget shortfalls, some quite massive, partly because economists weren't ratcheting down expectations of tax revenue nearly fast enough. In late November, the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters indicated GDP would decline at an annual pace of 1.1% for the first three months of 2009. The economy proceeded to shrink at a pace of 5.5%. (See what to expect when the recession ends...
Even with averaging, though, forecasts can still be wildly disappointing - as the Philadelphia Fed's Survey of Professional Forecasters shows. In mid-February, the economists collectively predicted a second-quarter unemployment rate of 8.3%. The difference between that and the actual figure, 9.3%, translates into 1.5 million more people unemployed...
...decade mark was observed last month in Philadelphia by the First World Congress on Positive Psychology, where it was clear that the field is flourishing, to use a favorite word of positive psychologists. Planners had hoped for 800 attendees and got twice that number, with psychologists, educators and students from more than 50 countries descending upon the City of Brotherly Love. There were signs that findings by positive psychology researchers had begun to influence economics, education and even government policy in some countries. But it was also clear that some of the heady findings from the infancy of the field...
Foer says he hopes the site inspires people to do more than simply browse for weird places on their ... lunch hour, of course. The duo is planning a guided tour through Philadelphia that tackles the city's stranger scenes. (Who's up for America's longest-operating surgical theater?) "Armchair traveling can only take you so far," Thuras says. "We're interested in anything that encourages more actual travel...