Word: rathering
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...Rather than something from the 1990s, it now looks like something from 2009,” he said...
...plan’s failure to answer these questions is not merely a matter of benign vagueness, which Nobel Prize-winning economist Paul Krugman has called “no harm, no foul.” It is rather a watershed moment that could determine the future of this potential public-private relationship as the United States continues to grapple with recession. Like Harrison’s hasty actions in March 1933, Geithner’s imprecision risks alienating those with whom he hopes to partner...
...laudable that most of the erstwhile junior seminars were not eliminated entirely, but instead opened up to function as traditional lectures. However, it is undeniable that the benefits of a seminar course will still be lost. Ultimately, the elimination rather than expansion of the seminars marks a move in the wrong direction that highlights the unfortunate effects of reducing faculty hiring...
...Wall Street Journal and a later interview with The Atlantic Magazine, economics professor Robert J. Barro attacked the package’s underlying principle that government spending is especially effective in boosting gross domestic product—arguing that tax cuts incentivize people to save, rather than consume or work, and that funneling money into building infrastructure may lead to the construction of “bridges to nowhere...
David I. Laibson, a professor in the department who specializes in behavioral economics, said tax cuts for low-income households will likely be spent in the first year, rather than in the first months after...