What are economists good for?
Economist John Kenneth Galbraith once said, ''The only function of economic forecasting is to make astrology look respectable.'' Many wonder what the role of economists should be after so few realized the world economy was headed for a fall.9:06 a.m.Peter Coy: economics editor at BusinessWeek. He wrote a cover article for the magazine, "What Good are Economists, Anyway."
V. V. Chari: economics professor at the University of Minnesota and advisor to the Federal Reserve Bank of Minneapolis.
The moral strain of flu
Ethics columnist Randy Cohen says the flu draws moral lines in the community. Will you stay home from work even if it means giving up precious sick days? Do you seek your own stash of Tamiflu to protect yourself and your family?10:06 a.m.Randy Cohen: writes the Ethicist column for The New Times Magazine. He also writes a blog, Moral of the Story, which looks at the news from an ethics perspective.
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