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...easy to chalk that up to simple human carelessness. Certain economists, though, have another way of looking at that and similar findings. They see a systematic psychological breakdown - as a species we're just really bad at understanding costs that come later on. Instead, we assign a disproportionate amount of importance to what's immediate and tangible. We lock eyes with that initial low rate and can't look away. (And, yes, credit-card companies get that...

Author: /time Magazine | Title: The Real Problem with Credit Cards: The Cardholders | 5/12/2009 | See Source »

...that hook when we find it—the IOP, the Literature department, The Crimson—and we form our identities within and around it. But as soon as we become it, we fight desperately not to pigeonholed by it. I don’t mean to chalk everything Ehrlich did up to avoiding his burger-guy identity, but I still can’t help but see the story of Ehrlich’s relationship to b. good as a metonymy for everyone’s four-year trajectory at Harvard.We’re both hungry...

Author: By Rebecca A. Cooper, CRIMSON STAFF WRITER | Title: Food For Thought | 5/1/2009 | See Source »

...without a foreseeable victory there - then Iraqi and U.S. officials could reasonably calculate that pulling U.S. troops from Mosul in step with the withdrawal timetable would preserve what overall gains the surge has made. In that case, al-Maliki may simply leave Mosul to its current status quo and chalk up the city as a sufferable loss to an insurgent movement that neither his forces nor the U.S. military has so far found a way to eliminate...

Author: /time Magazine | Title: Will U.S. Troops Be Asked to Stay On in Mosul? | 4/16/2009 | See Source »

...Fraternities still rely on low-tech means to raise awareness of Greek life. One weekend in February, 100 fraternity members used chalk to blanket campus sidewalks with the interfraternity council's web address. But Pete Smithhisler, who is president and CEO of North-American Interfraternity Conference, says nearly every Greek organization in the nation now has an online presence. And these groups are using as many technological outlets as possible to improve the bonds of brother- and sisterhood. "You remember how, when we were in college, going to the dining hall, you had to search, there was always that moment...

Author: /time Magazine | Title: Fraternities and Facebook: A New Recruiting Tool | 4/15/2009 | See Source »

From there, he ducked into an empty office to join a Moody's conference call, in which he was supposed to talk about U.S. home foreclosures. While he was waiting, a gentleman in a chalk-striped suit popped into the room and started chatting to him in another language. "I'm sorry - I don't speak Persian," Zandi said. He later explained that his father emigrated from Iran but never taught him Farsi growing up. "So many members of the Iranian community come up to me and speak Farsi," he said. "There is so much negative attention paid to Iran...

Author: /time Magazine | Title: Economist Mark Zandi: The Recession's Hot Wonk | 4/9/2009 | See Source »

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