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Investors who never stopped griping about the cryptic statements of former Federal Reserve Chairman Alan Greenspan may already be getting nostalgiac. In most relationships, brutal honesty (or transparency, as it's known in business-speak) is a double-edged sword, and never was that more apparent than in the swift reaction to Monday's candid comments by Ben Bernanke, Greenspan's relatively straight-talking succcessor at the Fed. In a speech to an international monetary conference, Bernanke took a hard stance against inflation and implied interest rates would continue to rise in order to keep inflation in check...

Author: /time Magazine | Title: Bernanke Learns the Perils of Honesty | 6/7/2006 | See Source »

...know people I had long admired. John Kenneth Galbraith fit squarely into that camp.” Many affectionately recalled Galbraith’s idiosyncrasies, such as his unapologetic ego. “I’m old, sick, weak, and intellectually perfect,” his son J. Alan Galbraith ’63 remembered him saying in response to a question about his health shortly before his death. George S. McGovern, a former U.S. senator and presidential candidate, described Galbraith’s division of “egotistical people” into two camps, one that used...

Author: By Alexandra C. Bell, CRIMSON STAFF WRITER | Title: Service Honors Galbraith | 6/5/2006 | See Source »

...trend in the American academy.” “In a way, it is good that these academics have expressed themselves in this way because it will make people understand how intellectual honesty is easily vanquished by propaganda,” Peretz said. Frankfurter Professor of Law Alan M. Dershowitz, another strong supporter of Israel, pointed to what he said was Israel’s strong human rights record compared to other nations. “In a world with so many human rights violators—China, Cuba, North Korea, Iran, Sudan...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Summers Attacks British Boycott | 6/5/2006 | See Source »

Frankfurter Professor of Law Alan M. Dershowitz, another strong supporter of Israel, pointed to what he said was Israel's strong human rights record compared to other nations...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Summers Says British Boycott of Israeli Academics Is Intentionally 'Anti-Semitic' | 6/2/2006 | See Source »

Anyone suddenly tuning in to Peru's presidential runoff this Sunday could easily be confused between the names in the news and those on the ballot. They might even wonder which South American country they are in. Former President Alan Garcìa, the pre-election favorite, is easily identifiable, but he has made his opponent a little harder to pin down. While Garcìa, 57, is pitted against retired Army colonel Ollanta Humala, 43, his comments in the waning days of the race make it seem as if he is running against Venezuela's leftist president Hugo...

Author: /time Magazine | Title: Peru's Presidential Circus | 6/2/2006 | See Source »

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