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...been sold for a lot more. Filthy lucre, after all, funds useful things like stem cell research and financial aid. Selling our soul, prima facie, can be worth it—as long as we get the right price. The best way to do so is to have an auction. Unpalatable, perhaps, but certainly preferable to the status quo. Harvard already more or less sells admission to a select few, but the process is clothed in a variety of face-saving guises, all of them needlessly inefficient. Legacy preference, for example, gives the children of alumni what the admissions office...

Author: By Cormac A. Early, | Title: Harvard, to the Highest Bidder | 10/4/2006 | See Source »

...students and professors don’t have to worry about finding a new place to study and research. The family’s 7.5-acre former mansion in Newport, R.I.—not Harvard’s flagship library—is being sold at auction by its current owner and is expected to fetch an eight-figure sum that may approach $25 million. Both the beach front villa and Widener Library were completed in 1915 and were designed by architect Horace Trumbauer. The estate, dubbed Miramar—meaning “look to the sea?...

Author: By Patrick T. Mcgrath, CONTRIBUTING WRITER | Title: For Sale: Widener’s Estate—No, Not That One | 10/3/2006 | See Source »

...seems, liked to surprise wife ELLEN BARKIN. Sometimes it was with jewels, and one time it was with divorce papers. So it's not shocking that the Sea of Love star isn't feeling so attached to the baubles. On Oct. 10 at Christie's, Barkin, 52, will auction off $15 million worth of them (including these diamond earrings). Taking a page from her ex's playbook (he bought a stake in his first company with his first wife's money), the fourth Mrs P. will use the loot to launch a production company...

Author: /time Magazine | Title: People: Oct. 2, 2006 | 9/24/2006 | See Source »

...bishops - careers which might require a top-of-the-range voice. That may explain why I speak a distinctly upmarket version of received pronunciation (RP) - shorthand for the standard English of bbc newsreaders. Which is fine if you want to marry a landowner or work in a top art auction house, but not so much fun if you just want to fade into the background. People make assumptions: men think I'll boss them, employers think I'll try and run the place, strangers think I'll look down on them - so they get the boot in first...

Author: /time Magazine | Title: Why Can't the English Learn How to Speak? | 9/17/2006 | See Source »

...high-waisted skinny jeans and blousons - all in white and gold. Finally a trio of California surfer dudes who go by the name of Trovato presented their collection of preppy chic polo shirts and cotton canvas clam-diggers in a tableau vivant that was meant to evoke an estate auction. They sing their tune by way of telling elaborate stories that give the straightforward merch a sexier context. This season the plot consisted of a rich, irreverent couple who had lost their fortune and had to sell their belongings for cash...

Author: /time Magazine | Title: Where Some Designers Get Their Ideas | 9/14/2006 | See Source »

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