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...April, Smith unveiled “reshaping”—a general charge to implement broad structural changes that have yet to be determined. The news came a few weeks after the University announced in mid-March that the endowment payout—the school’s chief source of revenue—would fall by more than 15 percent over the next two years. “Reshaping” had replaced “resizing” (what happened to the coffee at afternoon meetings) as the new buzzword. The concept arose organically from University...

Author: By June Q. Wu and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Behind Closed Doors | 6/3/2009 | See Source »

...stem cell research is permitted to be publicly funded once more—a decision we wholeheartedly applauded. We see enormous potential for a more amenable government view of stem cell research and are steadfast in the belief that using stem cells will help us find cures for a broad range of diseases. Moreover, we encouraged Congress to go even further and spend more money on science. When President Faust and other members of the Massachusetts Life Science Collective urged Congress in January to increase federal funding for the National Institutes of Health, the National Science Foundation, and other scientific...

Author: By The Crimson Staff | Title: Progress and Accountability | 6/2/2009 | See Source »

...Does global warming exist?”, today we question the merits of so-called “clean coal,” debate the costs of a gas tax vs. a cap-and-trade system, and view “organic” labels with healthy skepticism. Each broad question engenders a myriad of other smaller yet similarly critical ones...

Author: By Jarret A. Zafran | Title: Questions and Answers | 6/2/2009 | See Source »

...novel scientific discovery all possess an inherent and self-secure beauty that demands no propping up through comparison. A well-built chair, a useful trinket, and a clean bathroom—these too are things of beauty and of humanity. Our own labors are not diminished by a broad extension of this franchise of value...

Author: By Garrett G.D. Nelson | Title: Thinking is Craftwork | 6/2/2009 | See Source »

...were two critical first steps the U.S. had to take in order to begin the process of reassuring its creditors. It had to demonstrate that it had a grip on the banking crisis - that financial Armageddon was not at hand - and it needed to show the world that a broad, macroeconomic turnaround wasn't too far down the road. Geithner is loathe to talk publicly about market behavior, but Treasury officials believe that a tightening of credit-market spreads shows an improvement in confidence. "Risk premia are receding in response to signs of stabilization," says an official familiar with Treasury...

Author: /time Magazine | Title: Geithner Gets a Warmer Reception in China | 6/2/2009 | See Source »

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