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...improvement. The Toyota system, says MacDuffie, "relies on contributions from employees. It feels vulnerable, but your willingness to be open to that vulnerability is what helps you make it work." In the 1980s and part of the '90s, the top-down culture of the Big Three could not absorb that kind of deep trust...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

...Carmakers' Woes The U.S. government is considering a multibillion-dollar bailout for the Big Three auto companies [Nov. 24]. Why not help consumers at the same time? For three months, every time a new car is sold, the government should absorb half the list price, paying that sum directly to the car dealer. This discount available to the buyer could be reduced in stages during the rest of 2009. In return for this boost, the Big Three must agree to increase gas mileage and reduce car sizes. This scheme would keep most Detroit workers employed while avoiding the indiscriminate award...

Author: /time Magazine | Title: Inbox | 12/4/2008 | See Source »

...very important ways. Rare plants and animals, many still undiscovered, depend on the forests - especially the rich rain forests that encircle the earth either side of the equator. When the forests disappear, all that wildlife disappears as well. But trees also contain carbon, and while they live, they absorb CO2 from the atmosphere, compensating in part for the greenhouse gases spewed into the air from cars, power plants and factories. When trees are cut down or burned, that carbon is put back into the atmosphere, accelerating climate change. At least 20% of annual global carbon emissions come from deforestation...

Author: /time Magazine | Title: Green Banks: Paying Countries to Keep their Trees | 12/4/2008 | See Source »

Even as we absorb the implications of the global financial crisis and plan for how we might react to it, our commitment to provide our undergraduates with an unparalleled academic experience remains as strong as ever. Progress continues with our new Program in General Education and with planning for our ambitious House renewal effort. It is about the latter initiative that we are writing today...

Author: By Drew G. Faust, Evelynn M. Hammonds, and Michael D. Smith | Title: Renewing a Venerable Experiment | 12/3/2008 | See Source »

...Harvard, the Faculty of Arts and Sciences announced a hiring pause on all vacant positions yesterday. While no further changes have been announced, University spokesman John D. Longbrake wrote in an e-mailed statement that “the Harvard community needs to be prepared to absorb unprecedented endowment losses and to plan for a period of greater financial constraint.” BROWN UNIVERSITY Brown has instituted a hiring pause through January of all administrative and staff positions as a result of voluntary turnover...

Author: By Michael Y. Sun, CONTRIBUTING WRITER | Title: Ivy League Universities Issue Statements Concerning Their Responses to the Economic Downturn | 11/26/2008 | See Source »

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