July 27, 2003
Re David Shaw's very good piece on the Economist (July 20): His pointing out their way with photograph captions brought to mind two very funny ones: 1. A year or so ago the magazine's cover was a photo of Kim Jong Il standing on a dais, receiving a delegation from China or the U.S. The caption: "Greetings, Earthlings." 2. A couple of years ago there was a flap in the U.K. involving a university professor who was pushing the theory that the Holocaust never happened. One of the Brit tabloids took him on; he sued it for libel and lost.
March 30, 2012 |
Economists generally don't go into politics, which is probably a good thing for Christopher Thornberg , who has declared war on Proposition 13 . The popular 1978 ballot measure that capped property taxes in California is “one of the most horrendous, unfair, regressive taxes in the history of the United States,” the former UCLA economist declared at a televised hearing in Sacramento earlier this month. (You can view it here , starting at about 31:36 minutes.) Zap!
May 4, 2013 |
Well-known Harvard professor Niall Ferguson apologized Saturday for what he called “stupid and tactless remarks” suggesting sexual orientation influenced the polices of famed economist John Maynard Keynes. On Thursday, Ferguson suggested that the British economist lacked foresight about future generations because he was childless, and that he was childless because he was gay. Ferguson made the comments during a conference in Carlsbad, Calif., during a discussion on Keynes' famous line, “The long run is a misleading guide to current affairs.
January 4, 1994
Last year, The Times Orange County pitted an economist against an astrologer and asked each to make predictions about the county's economy in 1993, using the tools of their respective trades.
February 13, 2012 |
As Europe tries to climb its way out of a debt crisis, the continent's largest and strongest economy, Germany, has pushed its neighbors to reduce budget deficits and pledge to keep long-term public spending under control. But with the Eurozone facing a recession, Germany's insistence on austerity — also known as fiscal consolidation — has drawn criticism from those who subscribe to British economist John Maynard Keynes' formula of increasing public spending during economic slowdowns to spark demand and economic recovery, and then reining in spending during prosperous times.
CALIFORNIA | LOCAL
June 26, 2012 |
Anna Schwartz, an economist and coauthor with Milton Friedman of a book on monetary policy that shaped the views of central bankers including Federal Reserve ChairmanBen S. Bernanke, has died. She was 96. Schwartz died Thursday at her home in Manhattan after a long illness, said her daughter Naomi Pasachoff. The first book that Schwartz wrote with Friedman, "A Monetary History of the United States, 1867-1960," had "critical influence" on the outlook "of a generation of policymakers," Bernanke said in 2003, when he was a Fed governor.