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Word: belief (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...debt binge was fueled by easy money and the belief that prices of assets - those of houses in particular - never went down; only interest rates did. That era is over. It will be replaced by what will be one of the more painful, and consequential, economic chapters in our history: the great deleveraging of America. On Wall Street, the largest financial institutions on the planet are reducing their debt and trying to build up capital, which once upon a time was the seed corn of their business, and now must be again. Retail banks like Wachovia and investment banks like...

Author: /time Magazine | Title: Living in a World with Less Credit | 10/23/2008 | See Source »

...Leadership can foster a belief that we're all in it together. One of the most enduring images of the Asian meltdown was the sight of South Koreans lining up to donate gold wedding rings, jewelry and heirlooms to the country, helping rebuild foreign reserves. When Indonesia tried to emulate the gold-giving trick, Suharto's daughter was mocked as she went to donate her bit of gold. Rather than applauding her, Indonesians scoffed about how much her family had stolen from the country...

Author: /time Magazine | Title: Meltdown 101 | 10/23/2008 | See Source »

...impending “catastrophe,” he said, if not addressed—and asked the panelists to discuss their opinions on how best to approach the problem. William C. Clark, co-director of the Sustainabilty Science Program at the Harvard Kennedy School, pushed the belief that individual collective action is a critical component of the solution. Clark, who also chaired the task force that drafted Harvard’s emissions reduction plan, explained that up to 10 percent of the total emissions reductions needed to lower atmospheric carbon to a safe level can come from cutting emissions...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Experts Debate Sustainability | 10/21/2008 | See Source »

...Both Joe and I have supported the Art Museum over the years in recognition of Harvard’s unparalleled role in the development of professionals in the arts worldwide and because of our belief that the arts are a cornerstone in learning and education in all fields," Pulitzer said in a statement...

Author: By The Crimson Staff | Title: Harvard Art Museum Receives $45 Million Gift from Pulitzer | 10/17/2008 | See Source »

...Williams-Sonoma catalog partake of.” But in an era where criticisms of Chicago Boy free-market capitalism are as trendy as Katy Perry songs, Stoll’s book offers little in the way of originality or groundbreaking argumentation.Most annoyingly, Stoll seems to conflate a belief that the Earth has infinite resources with a belief in the infallibility of economic growth. Clearly the two overlap, but the recognition that our natural resources are very, very limited does not necessarily mean that economic growth should stagnate. There’s something almost Malthusian about Stoll?...

Author: By Anjali Motgi, CRIMSON STAFF WRITER | Title: Not Much Great About 'Delusion' | 10/17/2008 | See Source »

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