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...Harvard asks its faculty to pitch in, it should call for similar sacrifice from students and parents who can afford to pay a bit more. While pulling back on financial aid—just as Smith’s predecessor, the late Jeremy R. Knowles, did during an earlier fiscal crisis—would generate bad press, doing so is necessary and, ultimately, fair. Such a reduction should be confined to the newest aid initiative—the one that benefits those families earning up to $180,000—and not the previous programs for those earning less than...

Author: By Paras D. Bhayani | Title: Budget Cutting for Dummies | 4/18/2009 | See Source »

...individuals a year. The university is tasked with producing knowledge and research that ranges from cures for diseases to models for understanding modernity. Harvard exists as a center of teaching and scholarship, and it is these activities that the government and taxpayers have deemed valuable enough to afford it tax-exempt status...

Author: By Shai D. Bronshtein | Title: Slamming SLAM | 4/18/2009 | See Source »

...economy is performing. Marketers in these media range from large drug firms spending tens of millions of dollars to small mechanic shops putting classified ads in the local newspaper. If all of these forms of adverting are down 25% to 35% it means that many, many businesses cannot even afford to invest in acquiring new customers. That, as much as any other sign, shows the depth of the recession's effect on businesses...

Author: /time Magazine | Title: Google: The Economy in a Tea Cup | 4/17/2009 | See Source »

...natal screening presents a worrying situation in which those with wealth are able to purchase an objectively higher level of descendants than others. Selection of the most attractive traits presents a significant genetic advantage to the wealthy—more so than simply being able to afford a higher standard of medical treatment—and threatens to irrevocably exaggerate the divide between rich and poor...

Author: By Olivia M. Goldhill | Title: Million Dollar Baby | 4/13/2009 | See Source »

...Monensin, an antibiotic whose slow-release formula reduces methane emission by cows, proved too expensive for widespread use in India. So the emphasis for Indian scientists is on indigenous solutions. "We know we cannot count on high-quality feed and fodder," says Singhal. "No one will be able to afford it. What we have done instead is develop cheaper technologies and products." One example is urea-molasses-mineral blocks that are cheap, reduce methane emission by 20%, and also provide more nutrition, so they're easier to sell to illiterate farmers who don't know a thing about global warming...

Author: /time Magazine | Title: Cows with Gas: India's Global-Warming Problem | 4/11/2009 | See Source »

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