Word: academicability
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Next year, Harvard should offer optional enrichment programming that would not count toward academic credit. These ungraded classes would give students a chance to explore new fields and interests without the pressure of competition or GPAs. Meanwhile, those who enjoyed spending time at home, traveling, or working during this J...
Yet this approach is insufficient. The College needs to recognize sooner or later that many students currently use a distinctively religious vocabulary, with all its metaphysical baggage, to address these same questions. And until the advantages of a faith-based approach to questions outside of students’ career or...
• He's a Wall Street guy. This is just wrong. Bernanke is a Main Street guy, a middle-class kid from small-town Dillon, S.C., whose father actually owned a pharmacy on Main Street. He has never worked on Wall Street. He's an academic who studied the Depression...
Continually easing the pain of jobless Americans, it turns out, can contribute to high jobless rates by warping incentives to look for work. "The consensus estimates show that unemployment benefits do prolong unemployment spells by quite a bit," says University of Chicago economist Bruce Meyer, who has produced academic studies...
Because there's evidence that the extensions are only prolonging joblessness. Today's unemployment rate remains high not because of mass layoffs - most of which happened early last year - but mainly because more people are remaining unemployed for longer periods. In academic parlance, the "exit rate" from the unemployment pool...