Word: corrective
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...foreclosure data shows that many high-end homeowners are running out of resources for keeping their homes. That means the portion of the home market with the most expensive houses is beginning to collapse. If it follows the pattern of the rest of the sector, prices will correct downward quickly and brutally. The housing crisis will have moved to upper tier property which will push down overall home prices even more. Banks will take back more foreclosed houses. Those that they seize this time will just be larger and more opulent...
...officials may have over-reacted. In nearby Dallas, individual schools have closed but no district-wide shutdown has been imposed yet. But as the number of confirmed cases in Fort Worth increases from one to six with a possible total of 15, Wahl said she believes the closures were correct. "It's better to over-prepare," she said. "I don't fault the school district...
...occasion was Harvard's fourth annual conference on the massive changes that meditation and mindfulness techniques are bringing to everyday psychology. Whereas many psychologists in the postwar era tried to "correct" negative thinking by asking patients didactic questions ("You say you can't do anything right at work - is that really true, or are you being too extreme?"), the latest wave of therapy is all about watching your negative thoughts flow through you instead of trying to fix them. Mindfulness means disentangling yourself from your thoughts, which is what monks like the Dalai Lama have been doing for centuries...
...SOCH)4 p.m.Solo Piano RecitalLowell House Junior Common Room4 p.m.The Dudley House OrchestraPaine Hall4 p.m.“Sichuan Triptych” Film Screening Carpenter Center4 p.m.De Boeck, Copland, NielsenPaine Hall4 p.m.The MatriarchsHarvard Hillel4:30 p.m.OndineCenter for European Studies5 p.m.“Ori mi Pe (My Head is Correct)” Film ScreeningCarpenter Center5 p.m.IGP’s Dinner Party ShowAdams House7:30 p.m.‘Tis a Pity She’s a WhoreLoeb Drama Center Experimental Theatre8 p.m.The MatriarchsHarvard Hillel 8 p.m.Bajo la arena…El públicoAdams House Pool Theatre
...deducing the high monetary value of a Harvard education from the fact that Harvard graduates make lots of money is problematic. Without sufficient correction for the unique characteristics of Harvard students, the value added by a top-tier education may be drastically overstated. By examining the incomes of adults who were accepted by a highly selective college but who choose to enroll at a less prestigious institution, Princeton economist Alan Krueger attempted to correct for such lurking factors as students’ maturity, motivation, and ambition that result in admission to competitive schools but also correlate with high earnings potential...