Word: centralizes
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...Chan says she's not looking for a showdown, either. "I have every confidence that if you give us universal suffrage, we will not make a mess of it," she says. "If we do it well, maybe it will convince the central government there's nothing to fear." That's unlikely in the immediate future. But with a popular moderate like Chan as the face of Hong Kong democracy, Beijing will have to work much harder to find objections...
...Internet prognosticators, most of whom did not consider the theorists likely to win. “Most of the people who speculate know very little about it,” said Furer Professor of Economics Oliver D. Hart. Mechanism design theory emerged from the debate over whether a central planner could allocate resources efficiently without knowing everyone’s preferences, according to Abbe Professor of Economics Drew Fudenberg ’78, who co-authored an influential paper with Maskin. While the winners’ work is theoretical, it has important practical applications, such as federal auctions...
...picks up her 24 dollars for her 24 hours of designing, she is nonplussed when the theme of Metropolis is revealed. Two hours later, Chen, sporting purple slip-on shoes and black-frame glasses, is ready to go. Walking down rainy Mass Ave. to the Goodwill in Central Square, Chen explains her philosophy behind her creations: “I design clothes because I’m cheap,” says Chen, laughing. As Chen hustles through the Goodwill, dodging a rather large woman trying on a kelly-green floor-length coat, she proves herself to be thrifty indeed...
...about an exchange between faculty and students. It was about a University leader who pledged to “recognize our accountability to the wider world”—a wider world that includes students. Though an august institution, Harvard still needs constant reminding of the central role that students play in its present and future. Petersen’s choice to use polemical, inflammatory, and divisive language on a day meant to celebrate the unity and greatness of Harvard, likely alienated the many faculty and administrators who agree with him about the importance of student input...
...official Turkish position is to demand that the Iraqi Kurdish authorities act against the PKK. "The central government in Iraq and the regional government in northern Iraq must put a thick wall between themselves and the terrorist organization," Turkish Prime Minister Erdogan said Tuesday, referring to the PKK. "Those who are unable to distance themselves from terrorism cannot avoid being adversely affected by the struggle against terrorism...