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...been true in China as well. Despite all the talk of state capitalism, Beijing's leaders continue to liberalize the economy. In January, a free-trade agreement between China and ASEAN came into full effect, creating a free-trade zone with more potential customers than NAFTA. China's State Council also approved the very capitalist practices of short selling of stocks and futures trading. The big question about China-style state capitalism is not whether other nations should mimic it to compete in a changing world economy. The real issue is whether China's state capitalism can withstand the pressures...

Author: /time Magazine | Title: What Asia Can Really Teach America | 2/4/2010 | See Source »

Donations to American colleges and universities fell nearly 12 percent during the fiscal year ending last June, the steepest decline in fundraising since the mid-1970s and a direct result of the recent recession, according to a report released by the Council for Aid to Education yesterday...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Gifts to Major Colleges Decline | 2/4/2010 | See Source »

...past, the Undergraduate Council determined how money from the Student Life Fund would be distributed. However, Dean Hammonds has announced a change: University Hall will now take on this responsibility. While we agree with Dean Hammonds that the UC is not the appropriate body for the task, we remain concerned about the lack of student input in the fund’s appropriation. To correct this, the administration should ensure that a student representative is included in the decision-making process. Specifically, a committee should determine the funds’ distribution—emphasizing transparency—with an undergraduate...

Author: By The Crimson Staff | Title: A Boost to Student Life | 2/4/2010 | See Source »

...YouTube views hit more than half a million in the weeks leading up to the vote, compared with Coakley's 51,000 views. And his social-media presence generated 10 times more Facebook fan-page interactions than Coakley's, according to a study released by the Emerging Media Research Council. As a result, Brown's name recognition zoomed in the closing days of the race, to 95% in a Jan. 14 survey from 51% in a Nov. 12 survey by Suffolk University...

Author: /time Magazine | Title: How Scott Brown's Social-Media Juggernaut Won Massachusetts | 2/4/2010 | See Source »

...Another proposed witness rejected by the court was Ayatullah Ahmad Jannati, a hard-line Iranian politician who chairs the Guardians Council, which oversees legislation in the country and approves candidates for elections. "The court is denying me a fair trial," Wilders said afterward, adding that he was "angry, disappointed, but ready to fight." (Read "The March to the Far Right...

Author: /time Magazine | Title: Anti-Muslim Dutch Lawmaker's Trial Tests Freedom of Speech | 2/3/2010 | See Source »

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