The models for market design and matching theory were developed by Lloyd Shapley and Alvin Roth, two American economists who were awarded the Nobel Prize in economics this week for their work. While their work may not directly address the turmoil of the world markets today, it does have life-altering results for humanity. Shapley, a professor emeritus at […]
Rachel Carson’s seminal book “Silent Spring” came out 50 years ago this month. That work made Rachel Carson a household name but her personal life was kept very private. We take a look back at a book of correspondence between Carson and a close friend, which gives insights into the genesis of “Silent Spring.”
Federal Reserve Chairman Ben Bernanke spoke before Congress today. He gave his assessment of the American economy and proposed new potential measures to foster economic growth. The Takeaway has been speaking with Americans about their experiences since the beginning of the recession, and followed up with three on their economic outlooks. Harley Helms is a long-distance […]