Word: prudently
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...found was that when spending on active labor-market programs exceeded $190 per head per year, rises in unemployment had no adverse effect on suicide rates," Coutts explains. "When you think that governments are spending hundreds of times that much to bail out banks, it would seem to a prudent investment." (Read: "In Hard Times, Olympic Plans Go on a Budget...
...about both its ambitions and its concerns over U.S. economic policy, given its position as Washington's largest foreign creditor. Beijing never signed on to what became known in the late 1990s as the Washington Consensus on global economic policy, which called for free trade, privatization, light-touch regulation, prudent fiscal policies and - at least as many interpreted the consensus - free capital flows. The U.S. Treasury, in the wake of the credit meltdown, has put forward a plan to enhance regulation of its own capital markets, but that is unlikely to prevent Beijing from continuing to push...
Among his friends, Michael is no longer the chump because now he's buying a new house, freshly marked down, in Hidden Springs, a Pleasantville-esque string of subdivisions tucked into the Boise foothills. The conscientious people who were prudent with their money are buying a nicer home. There's almost something quaint about it. Quaint and good...
...write that one of the major myths about American society is that we used to be prudent with our money and only recently did we go astray. What's the real history? Americans are speculative people. During and after the Civil War, for instance, there was a lot of stock market and commodities speculation - people trying to make a quick buck. But it was only when financial institutions picked up on that and provided the methods whereby you could buy now and pay later - that very simple concept - that things started to change structurally. Now Americans are more highly leveraged...
...voting-rights case, Chief Justice John Roberts produced the most impressive example of judicial statesmanship of his tenure by persuading all but one of his fellow Justices to converge around a result that never occurred to Congress when it passed the Voting Rights Act in 1965. A prudent demonstration of judicial policymaking, the decision was widely praised by liberals and conservatives for inviting a dialogue with Congress and avoiding a high-stakes confrontation over the constitutionality of the Voting Rights Act. (See the top 10 Supreme Court nomination battles...