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...Historical Parallels We tend to think of the Depression as having been triggered by the stock-market crash of 1929. The Wall Street crash is conventionally said to have begun on "Black Thursday" - Oct. 24, 1929, when the Dow Jones industrial average declined 2% - though in fact the market had been slipping since early September. On "Black Monday" (Oct. 28), it plunged 13%, the next day a further 12%. Over the next three years, the U.S. stock market declined a staggering 89%, reaching its nadir in July 1932. The index did not regain its 1929 peak until...
...With 24-hour libraries, time-consuming extracurriculars, and easy access to caffeine and study-aids, many college students have forgotten how to go to bed and need reminding. The Boston Globe reported that MIT has started a sleep class to help students unwind. A few miles away, Wellesley has begun to throw pajama parties. Harvard students are not immune to this epidemic of sleep deprivation, and here in Cambridge, the issue is coming to a head. However, a shortage of pajama parties is not the problem—the problem is a shortage of pajamas. The biggest reason that Harvard...
...experience. For a few weeks, the gambit seemed to pay off handsomely. White women voters overwhelmed campaign events and boosted the ticket's poll numbers. But doubts about Palin's qualifications and competence remained unanswered, and after a series of stumbling television interviews, voters - and even some conservatives - have begun to sour on her. "Everyone was high-fiving each other after they picked her because their goal was to steal Obama's momentum for a week," says a second GOP consultant, who also did not want to be named while criticizing the campaign. "Well, they did that. Now look what...
...students returned to campus more than two weeks ago, the e-mail onslaught had already begun. But amidst club announcements and entryway meeting notifications, another, more troubling piece of mail arrived in each of our inboxes: a “Community Advisory” reporting an unarmed robbery in Cambridge Common...
...tables turning” has made him look for opportunities in less-traditional sectors. Kindra L. Mason ’09, a sociology concentrator at the fair, agreed, saying that since the market has “been changing so fast” people have begun “to explore opportunities they might not have initially sought.” “It’s really forced you to see what your competitive advantage is,” Mason added. Annie M. Lewis ’07, who was representing Google at the career fair, said that...