November 9, 2008 |
The economy was the number-one issue in the presidential race won by Democrat Barack Obama. So, what happens now? Can a president do anything? Let's find out. Prez can't fix it. Gerald Ford famously exhorted Americans to "Whip Inflation Now," partly by wearing "WIN" buttons. This preelection Newsweek article contests the notion that a president - any president - can "fix" the economy. It does, however, say that some presidential decisions over the years have managed to hurt the economy, at least temporarily.
July 20, 2014 |
The AIDS community mourned the loss of one of its top researchers and advocates in the jet crash in Ukraine, a "humanist" whose life - and death - reminded some of the death of another leading AIDS scientist, from Philadelphia, in a plane crash 16 years ago. Six delegates to the 20th International AIDS Conference - down from initial reports of 100 - were confirmed to have been on the plane, shot down en route from Amsterdam to Kuala Lumpur, Malaysia....
October 22, 1990 |
So you think we've got cynics here in America. How about the comment from Moscow's Foreign Ministry spokesman when Mikhail Gorbachev won the Nobel Peace Prize? "This certainly was not the Nobel prize for economics," said Gennadi Gerasimov. How true! Despite Gorbachev's almost unbelievable accomplishments on the international stage, the bread lines in Moscow remain, and shortages of everything from vodka to potatoes threaten domestic peace and tranquility. Gorbachev's fault?
October 14, 2012 |
LONDON - While some Europeans swelled with pride when the European Union won the Nobel Peace Prize, howls of derision erupted from the continent's large band of skeptics. To many in the 27-nation bloc, the EU is an unwieldy and unloved agglomeration overseen by a top-heavy bureaucracy devoted to creating arcane regulations about everything from cheese to fishing quotas. Set up with noble goals after the devastation of World War II, the EU now appears to critics to be impotent amid a debt crisis that has widened north-south divisions, threatened the euro currency and plunged several members, from Greece to Ireland to Spain, into economic turmoil.
May 17, 2012 |
On a summer's day in 1943, a young scientist at Rutgers discovered an antibiotic that would change millions of lives. But Albert Schatz, who died in West Mount Airy in 2005, was denied credit. His name never appeared on the Nobel Prize given for that work. That's the little-known story told in Peter Pringle's new book, Experiment Eleven: Dark Secrets Behind the Discovery of a Wonder Drug (Walker & Company, 269 pp., $26). And there's a widow who remembers, and a grandson conquering cerebral palsy to create a documentary film honoring his wronged grandfather's work.
October 8, 2015 |
They are among the most numerous particles in the universe, subatomic ghosts silently whizzing through our bodies millions of times a second. And yet physicists were mystified as to why two-thirds of these particles, called neutrinos, seemed to be missing in action. This year's Nobel Prize in physics is going to a pair of scientists from Canada and Japan who discovered what was really happening, the prize committee announced Tuesday. The project led by the Canadian scientist, deep inside a nickel mine near Sudbury, Ontario, got a big assist from the University of Pennsylvania.
October 6, 2011 |
STOCKHOLM - Israeli scientist Dan Shechtman was awarded the Nobel Prize in chemistry Wednesday for a discovery that faced skepticism and mockery, even prompting his expulsion from his research team, before it won widespread acceptance as a breakthrough. While doing research in the United States in 1982, Shechtman discovered a new chemical structure - quasicrystals - that researchers previously thought was impossible. He was studying a mix of aluminum and manganese in an electron microscope when he found the atoms were arranged in a pattern that appeared contrary to the laws of nature.
October 14, 2015 |
Princeton University's Angus Deaton won the Nobel Prize for economics by bringing his ivory-tower profession down to earth and into homes where people are uplifted - or punished - by social, industrial, trade, and tax policies. The Scotland-born Deaton, 69, earned his degrees at Britain's elite Cambridge University back when it gave students few mandatory courses and lots of discretion to pursue their interests, he told an applauding crowd Monday at Princeton's Woodrow Wilson School of International and Public Affairs hours after learning he had won the prize from the Sweden-based Nobel selection committee that included a Princeton colleague.
October 23, 2013 |
Lawrence R. Klein, 93, of Gladwyne, a University of Pennsylvania economics professor who won a Nobel Prize and was considered the father of modern economic forecasting, died Sunday, Oct. 20, of a heart ailment at his home. Dr. Klein, who observed both the Depression and the post-World War II boom, influenced many of the current generation of economic forecasters by developing models in the 1950s and 1960s. Many of the economic forecasts taken as commonplace today - such as the effect of interest rates on economic growth - exist because of Dr. Klein's innovations, say economists.
October 19, 2015 |
Anne Case remembers the early critiques from her Ph.D. adviser, Angus Deaton: "Brutal. " "Take this away and come back with something that is more like your talents," Deaton told her. Devastated, she wanted to hide under a desk. But with his prodding, she went on to do some of her best work. After earning her doctorate in economics from Princeton, Case was hired at Harvard. That was 1988. Fast-forward a few years. Case returned to Princeton and became Deaton's colleague - and later, his wife.