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...only a “minor impact,” saving less than $5 million—only a fraction of the $143 million that remains to be cut. “Those who enjoy great privileges also have great responsibilities, and that means making great sacrifices for the common good when circumstances require it,” wrote public policy and history and literature lecturer Timothy P. McCarthy in an e-mailed statement last month in support of voluntary paycuts among faculty. “This is one of those circumstances...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Date of Looming Staff Layoffs To Be Determined | 6/3/2009 | See Source »

...public figure tasked with bringing together the University’s traditionally disparate schools. Over the past few months, Faust has found herself in a communicative role, in which she has had to bring all constituents—faculty, students, staff, and alumni—to a common understanding of the state of the University.In response, donors have expressed warm support for Faust’s leadership in the face of extreme financial pressure, praising what they view as her transparent and cautious approach in identifying University priorities.“She’s very forthright, unadorned...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Donors Express Confidence in Faust’s Direction | 6/3/2009 | See Source »

...Over the course of last semester, the Houses have felt the impact of budget trimming in five main areas: the Senior Common Room, House libraries, shuttle services, hot breakfast, and House staff...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: House Life Faces Uncertainty | 6/3/2009 | See Source »

...answers.“The ‘arty’ part of it—how can you mix data and judgment—that’s a hard topic,” Stein says.COMMON SENSEAcademicians are increasingly echoing the public call to embrace “common sense” as a reality check when models output projections that suggest untenable growth.“I think we’ve learned a lesson about the limits of [quantitative modeling],” Stein says. “There’s a need to overlay...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Post-Crisis Economics | 6/3/2009 | See Source »

...came to a head during a May 3 meeting, during which the Council passed legislation authorizing a capital campaign in a down-to-the-wire vote, pitting McLeod against Flores. Early on in the social space debate, Flores advocated channeling energies through the University’s Committee on Common Spaces as a way to improve options. But the Council went forward with an alternate plan that skirted the need for administrative interaction: they decided to raise their funds independently in order to purchase property that could be made into a student center.Flores seemed to struggle to find her voice...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: Presidential Power? | 6/3/2009 | See Source »

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