“It’s not much of a future,” says Georgia Nikolopoulou, who’s 28 and has an advanced degree in marine biology.
The incredible bull market in stocks has produced billions in profits for investors over the past 4 1/2 years — and millions in losses for those caught in the market’s occasional steep downswings.
Like some malefactor being grilled by Mike Wallace in his 60 Minutes prime, Glenn Hubbard, dean of Columbia Business School, gets hot under the third-degree light of Charles Ferguson’s questioning in Inside Job. Hubbard, who helped design George W.
Harvard professor Martin Feldstein used to tell students in his introductory economics class that economists agree on 99% of the issues in the field. From the nature of monopolies to the basic laws of inflation, Feldstein asserted, economists of all political stripes are in accord on the same principles
Most New Year’s resolutions have an awfully short shelf life. By the end of January, folks who swore they would lose weight and shape up may already be back on the Krispy Kremes.
We have always known that heedless self-interest was bad morals,” FDR said in 1937, in the midst of the Great Depression. “We know now that it is bad economics.” We learned this all over again after the collapse of Lehman Brothers, the shame of subprime mortgages and the brazen Ponzi scheme of Bernie Madoff.
Though the ranks of the Whiz Kids in the Defense Department are proliferating, five stand out for the scope and strength of their influence:Alain C. Enthoven, 31, intense and dark-suited, looks more like a young college professor than a weapons analyst
It’s Nobel Prize announcement week, and if you had Carol W. Greider, Elizabeth Blackburn, or Jack Szostak in your office pool, you’re off to a good start (the trio will share this year’s Nobel Prize in Medicine).
Former Japanese Finance Minister Shoichi Nakagawa, who resigned from his post after appearing intoxicated at a news conference earlier this year, was found dead in his home Sunday, police told CNN. Tokyo police found Nakagawa, 56, lying face down on a bed on the second-floor of his home, Kyodo reported.
New research suggests penicillin is becoming obsolete, and antibiotic resistance could lead to a “major health crisis” unless governments act to promote research into new drugs.