A new study by economists Mark Zandi and Alan Blinder says the U.S. economic stimulus averted a worse downturn, says The Guardian. Conservatives maintain the spending was ineffective. “Using historical statistical relationships and a focus on the government’s impact on narrowing credit spreads, the pair found that the downturn would have continued into 2011, with unemployment peaking at 16.5% rather than last year’s actual high of 10.1%. They believe U.S. gross domestic product would have slumped by 7.4% in 2009 and by 3.7% in 2010, producing a “peak to trough” decline of 12%, rather than the anticipated 4%. Starved of demand, shops and employers would be cutting prices and wages.”
It has already been trialed in people and could give us a better way to analyze and stimulate the brain.
ÄIO’s fermentation process creates healthy, sustainable oils and fats by upcycling low-value industry organics.
Even before birth, our brains are taking note of the languages we hear.
Since JWST first glimpsed the Universe, we've entered a new era in understanding the earliest objects in the Universe. What have we learned?
U.S. particle physicists recently recommended a list of major research projects that they hope will receive federal funding.