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...says outgoing economics chair James H. Stock, pointing to the significantly higher degree of difficulty involved in solving models that include the possibility of extremely unusual phenomena.Other economists may not be asking the right questions, even before reaching the stage of setting up models.The pressure on academic economists to publish prolifically, especially at the start of their careers, tends to encourage them to focus on problems that existing analytical tools can solve.“The recipe for something to be a successful research project,” Stein says, “is that it has to be interesting...
...time with two young children. Costelloe followed Berenson to Florence as his pupil and lover. In 1900, a year after the death of her first husband, Costelloe married Berenson and the couple moved into I Tatti.APOGEE AND DEATHWidely regarded as the preeminent authority on Renaissance art, Berenson published several books on the Italian Renaissance and advised a number of museums and collectors in the United States, including most notably Isabella Stewart Gardner. Berenson once said famously that most of the major Italian pictures in America entered with his stamp on their passports.In the 1930s, despite having converted to Roman Catholicism...
...drink does not pose a serious health threat - you'd have to drink 12,000 L of Red Bull Cola for negative effects to be felt - but it was enough to cause concern. Kuehnle's agency is due to give its final verdict on Wednesday when experts publish their report. (See pictures of America's cannabis culture...
...ever seen. On Thursday, however, some of that U.S. media pain hit closer to home, as French readers of the left-leaning Libération popped into newsstands to find their favorite daily nowhere to be found. The reason: managers of the financially troubled Libé decided not to publish on Ascension and five other national holidays throughout the year. It was hardly a case of religious feeling, but rather a means of eking out some savings on production costs...
...French dailies traditionally publish on all holidays except the May 1 labor day. But Libération editors explained that sluggish sales on days off don't offset the cost of printing the cash-strapped paper. Rival publications reacted not with smug guffaws, but with more of the same. Conservative daily Le Figaro now says it will also suspend publication on three French holidays. That follows the earlier lead of financial dailies Les Echos and La Tribune to sit out national holidays - a sous-pinching habit to which Catholic daily La Croix and its communist opposite L'Humanité have...