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...admit that even I had to look it up. What I found is that a recession is most commonly defined as two consecutive quarters of decline in gross domestic product (or GDP). In researching this column, I was surprised to discover that consumer spending represents over 70% of gross domestic product. This struck me as ironic because, according to Hitwise search data, consumers searching for "recession" are not even clear on what the term means: they're searching for the definition of "recession," just like...
Steven T. Cupps ’09 is a biological anthropology and economics concentrator in Lowell House. His column appears on alternate Fridays...
Lucy M. Caldwell ’09 is a history and literature concentrator in Adams House. Her column appears on alternate Fridays...
...March 21 column entitled "The Collective Identity," Lucy M. Caldwell incorrectly stated that a resident of Eliot House purchased two domain names on the Web: www.adamssucks.com and www.eliotsucks.com. In fact, the resident purchased www.adamshousesucks.com...
Ryder B. Kessler ’08 is a social studies concentrator in Quincy House. His column appears on alternate Wednesdays...