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Astronomy professor Abraham “Avi” Loeb, who is writing a book about how the first galaxies were created, called Frebel a pioneer, and said he believes this research puts the theory that the galaxy was formed out of small building blocks “on more robust ground...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: Star Nearly As Old As Universe Found | 3/26/2010 | See Source »

Following a year-long process to develop an online room reservation tool for the College, the Undergraduate Council officially launched “UC Rooms” this week, a Web site that allows student groups and individuals to book common spaces on campus...

Author: By Janie M. Tankard, CRIMSON STAFF WRITER | Title: UC Launches Room Reservation Site | 3/26/2010 | See Source »

...just that some of his self-proclaimed disciples have given us a terribly incomplete picture of what he believed. The man himself used the phrase invisible hand only three times: once in the famous passage from The Wealth of Nations that everybody cites; once in his other big book, The Theory of Moral Sentiments; and once in a posthumously published history of astronomy (in which he was talking about "the invisible hand of Jupiter" - the god, not the planet). For Smith, the invisible hand was but one of an array of interesting social and economic forces worth thinking about...

Author: /time Magazine | Title: What Would Adam Smith Say? | 3/25/2010 | See Source »

...chance. Most of the book is an account of how we decide whether behavior is good or not. In Smith's telling, the most important factor is our sympathy for one another. "To restrain our selfish, and to indulge our benevolent affections, constitutes the perfection of human nature," he writes. But he goes on to say that "the commands and laws of the Deity" (he seems to be referring to the Ten Commandments) are crucial guides to conduct too. Then, in what seems to be a strange detour from those earthly and divine parameters, he argues that the invisible hand...

Author: /time Magazine | Title: What Would Adam Smith Say? | 3/25/2010 | See Source »

There are similar whiplash moments in The Wealth of Nations. The dominant theme running through the book is that self-interest and free, competitive markets can be powerful forces for prosperity and for good. But Smith also calls for regulation of interest rates and laws to protect workers from their employers. He argues that the corporation, the dominant form of economic organization in today's world, is an abomination...

Author: /time Magazine | Title: What Would Adam Smith Say? | 3/25/2010 | See Source »

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