Word: approaching
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...proposal, submitted by President George W. Bush and now appearing before congress, the National Institutes of Health (NIH) would be provided nominal funding at last year’s level. With inflation, this effectively represents a decrease in the real value of funding to the NIH. This perverse budgetary approach to American science has come at terrible time, considering the great potential in biomedical fields. Harvard—among other preeminent research universities—is driving advances in biomedical and biotechnology research, but it relies heavily on federal funding to support current momentum. Last year Harvard received grants...
...March 14 story, "Study Links Terror, Anti-War Rhetoric," misstated the U.S. Army's approach to terrorists. The Army pursued a strategy of seek and destroy terrorists until General David H. Petraeus took command of American forces in Iraq, not since...
...singlehandedly change the culture of college sports is just ridiculous. How, in our competitive and sports-obsessed culture, could Harvard begin to make the nation’s sports programs, which generate millions of dollars, not to mention tons of free publicity and school pride, take a more nonchalant approach to recruiting? This is neither feasible nor desirable. One of the great things a person can do is strive for excellence in athletics. It gives you purpose, direction, and happiness in a world where these commodities are scarce. So instead of accepting Caldwell’s vision of university full...
...grades to bonds to reflect their riskiness was pioneered by John Moody in 1909. But the industry took its current form only in the early 1970s. That's when Moody's and its competitors switched from selling research to investors to charging bond issuers to rate their goods. This approach wasn't unheard of: you have to advertise in Good Housekeeping to get the Good Housekeeping Seal of Approval. What made it problematic was that at about the same time, the Securities and Exchange Commission (SEC) exalted the status of the ratings by writing them into the rules governing securities...
...deserves credit. The approach...