Word: figuree
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What exactly have we been fetishizing? Basically, market activity and growth. The GDP, generally expressed as a per-capita figure and often adjusted to reflect purchasing power, represents the market value of good and services produced within a nation's boundaries. Sounds reasonable. Until we consider what it doesn't...
In terms of what the world wants measured, it seems the HDI and HPI have it over the GDP. For its report "International Public Opinion on Measuring National Progress: 2007" GlobeScan, a research firm based in Canada and London, surveyed 1,000 people in each of 10 countries not including...
Before the earthquake, Haiti was the poorest nation in the Western Hemisphere. Over the past two weeks, it is now clear Haiti has lost almost everything, from its already fragile infrastructure to its lifeline of international aid. While no accurate death toll figure exists yet, The Haitian government has said...
Times are tough at Harvard. Our huge endowment is now a less huge endowment. Young liberals campus-wide are still sobbing into their cappuccinos over Scott Brown’s victory. Childhood dreams about working at Goldman Sachs have been crushed, and the prospect of sub-six-figure...
The Rev. Albert Mohler, a leading figure in the fight against gay marriage, says that in light of Lawrence, he understands Boies' line of attack. But he told TIME that marriage is different. It is "the central institution of human society." "The problem with that argument is that the current...