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...tools like the Taylor Rule less relevant to the immediate challenges at hand, central bankers are finding themselves looking at stock and bond markets to help them decide what to do. The markets in turn are looking back at central banks, trying to guess how monetary policy will affect asset prices. It reminds us of the early Ozzy Osbourne lyrics: "You, looking at me, looking at you .../ I know you know I know...

Author: /time Magazine | Title: The Fed Fights Back | 3/13/2008 | See Source »

...that you are very happy, pretty happy or not too happy?" (The wording changes slightly depending on where the survey was conducted, but the question is essentially the same.) In a 2001 study, Susan Charles at University of California, Irvine, measured something slightly different: changes in positive affect, or positive emotions, versus negative affect over more than 25 years. Charles found that positive affect stayed roughly stable through young adulthood and midlife, falling off a little in older age; negative affect, meanwhile, fell consistently with...

Author: /time Magazine | Title: Is Our Happiness Preordained? | 3/12/2008 | See Source »

...understand exactly how a large-scale renovation would affect the campus, we can look to our rival: Yale. After doing a partial renovation of Calhoun College, one of its residential colleges, in the summer of 1989, Yale realized that renovating was much more complicated than expected. And so, it was back to the drawing board for the community college. The resulting 15-month renovations of each residential college was the solutions, and Yale is now on its ninth project, the reconstruction of Jonathan Edwards College...

Author: By Sha Jin, CONTRIBUTING WRITER | Title: Harvard’s Makeover | 3/12/2008 | See Source »

...Payzant said the shrinking applicant pool won’t likely affect the country’s most prestigious schools...

Author: By Ahmed N. Mabruk, CONTRIBUTING WRITER | Title: College Applicant Pool May Shrink | 3/11/2008 | See Source »

...informed Smith that party grants would no longer be distributed until a reevaluation of the system under the new dean of the College. “It was just all really frustrating,” Smith said, explaining that knowing whether he would receive UC funding would affect the way he registered the party with the House office.“People who do apply don’t even get an e-mail saying, ‘We have discontinued the process,’” Smith said. “That sort of says something...

Author: By Chelsea L. Shover, CRIMSON STAFF WRITER | Title: UC Discontinues Party Grants | 3/10/2008 | See Source »

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