Word: bustedly
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William K. Martin ’72: I was on the steps of my dorm—Thayer South—that morning in ’69 that the bust took place. The Beatles song “Revolution” was blaring from a stereo in Weld Hall. All that afternoon, as the tension was building, my room became Ground Zero for all the reporters. It was on the first floor, so when the guys from the Washington Post and The New York Times needed a phone, they’d come knocking. Something would happen and they...
...workers. "But the lack of education is still a massive problem," says Eric Charoux, director of DCDM Business School, Mauritius' largest private university. "There are just not enough students coming through." This dot in the ocean, he says, would welcome techies who lost their jobs in the U.S. dotcom bust and would like to start over in an island paradise...
...confused about basic issues, and destined to end where it began. But economists aren't laughing, because the E.U.'s biggest economy is also among its sickest: 3.94 million unemployed workers are draining government coffers, the GDP will grow only .5-.75% this year and the budget deficit will bust the E.U.'s 3% limit. Business leaders blame high taxes, expensive welfare programs and rigid labor laws, but the government seems to have learned nothing. "The [plan's] only really specific measures are tax increases," says Commerzbank economist Ralph Solveen. The agreement would cut barely €3 billion of Germany...
Mitchell cut a distinguished figure last Wednesday and Thursday perched behind the Thompson Room’s podium. One would think that a man with almost waist-length dreadlocks might feel out of place next to an imposing marble fireplace with its giant bust of John Harvard, but Mitchell owned the room. Drawing the audience in with his incredible public speaking skills, funny jokes and anecdotes about the motion picture industry, the critic even prompted one audience member to tell him, “Not only are you a beautiful speaker, but a beautiful man and a proud representative...
WILENSKY: We talk a lot about the baby boomers and the impact they're going to have on retirement spending, Medicare, Social Security, ad nauseam. What people don't always think about is that the baby boom was followed by the baby bust. So it's really a double whammy. Both of those are going to cause this continuing labor shortage and require employers to be unbelievably creative in keeping older workers...