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...incompetence and arrogance aren't criminal offenses. If that seems a bit unfair, so does the government's rescue program that saved some and not others, depending on political and social criteria. The most recent example: Delphi Corp., GM's former parts division that was spun off a decade ago, which recently emerged from bankruptcy proceedings. White collar Delphi retirees are having their pensions whacked, but United Auto Workers pensioners are being made whole...
...number of FlyBy readers were slightly concerned that emails being sent to their FAS addresses were bouncing when they were forwarded to their Gmail accounts, after a similar problem was reported a few weeks ago...
...long known as a cradle for aspiring money-managers and a primary destination for Wall Street recruiters, over 750 enrollees packed the seats of Sanders Theater last year for Social Analysis 10—Ec 10—the College’s iconic introductory economics course. Two years ago, there were 800. Three years ago, the number topped 900—nearly a seventh of the undergraduate population...
...years ago, Marglin found a permanent pulpit for those views in the form of a core class, overcoming the opposition from his own department. His revolutionary course—designed after a coalition of undergraduates known as Students for Humane and Responsible Economics (SHARE) formed a petition lobbying for a more liberal alternative to Ec 10—sought to offer a more critical introduction to the field of economics that would still incorporate basic economic principles...
It’s an attitude whose authority may have been shaken by the recent economic downturn, Marglin notes. “Non-economists have much less faith in economists and in mainstream economics than they did two years ago,” he says...