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I still bear the mental scars of a question on a philosophy exam in college that left me whimpering at its wicked simplicity: "Could the number two change its properties?" I'd been raised to think numbers were as close to reliable as anything could be, so clean and clear...
It's been a difficult few months for climate scientists. There were the stolen e-mails of Climategate that purported to show an attempt to cover up data disputing global warming, the much ballyhooed summit in Copenhagen that ended in disappointment, and the revelation of several errors in the work...
So where's all that outrage now? The thing is, the government already runs much of the student-loan industry. For decades under the Federal Family Education Loan (FFEL) program, the government has handed out subsidies to large banks and companies like Sallie Mae that lend money to student borrowers...
Until now. Gone will be the subsidies, and gone will be the FFEL program. As of July 1, all new student loans will go through the Direct Loan program. The savings - an estimated $61 billion over 10 years - will be used to shore up and increase the need-based Pell...
For years, regional governments across China have been building massive real estate projects that have attracted both private and corporate buyers. As prices have continued to rise (residential values in 70 large and medium-size cities across China soared in 2009, according to real estate consultancy Colliers International), more investors...