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...start, monetary conditions and international liquidity have tightened as a result of slower credit growth and a housing slump in the U.S.-and no matter how much money the Fed injects into the system, housing is unlikely to recover swiftly because ultimately prices depend not only on money creation but also on demand and supply. Equally ominous, equity valuations remain decidedly unattractive in most markets, especially in places like Latin America, Russia, India and China, which had risen almost relentlessly in recent months. Most equity markets shot up with so little volatility that speculators were encouraged to borrow...

Author: /time Magazine | Title: The Pain Isn't Over Yet | 3/8/2007 | See Source »

...news out of California, Marx and Engels understood that this bizarre phenomenon was another way in which the U.S. might not conform to their view of economic history inevitably unfolding. Engels wrote to Marx that the discovery of gold was a case "not provided for in the Manifesto: the creation of large new markets out of nothing...

Author: /time Magazine | Title: 1848: When America Came of Age | 3/8/2007 | See Source »

...Miller] and ‘300’ and Frank and sort of his style and that world.”INTO THE SPOTLIGHTSnyder explains his decision to cast lesser-known actors in leading roles as part of a desire to have audiences see the film as an artistic creation rather than a conglomeration of big names.“We felt like, look, Gerry is amazing and Rodrigo is awesome, but if you put them in sort of the Us Magazine poll of star power, they’d be not as high as a Brad Pitt...

Author: By Marianne F. Kaletzky, CRIMSON STAFF WRITER | Title: Behind the Armor: The Tough Guys of ‘300’ Give Butt-Kicking Secrets | 3/8/2007 | See Source »

...from parents on the Curricular Review, the Harvard Financial Aid Initiative, undergraduate attention, and expansion into Allston, Gross highlighted the changes the College has undergone in the time since current juniors matriculated as freshmen. These changes include the development of secondary fields, the delay in concentration choice, and the creation of a peer-advising program and student spaces such as the Lamont Library Café, the Harvard College Women’s Center, the Student Organization Center at Hilles, and the soon-to-open Cambridge Queen’s Head Pub. “This has been a period, while...

Author: By Brittney L. Moraski, CRIMSON STAFF WRITER | Title: Gross: Grades Have Not Risen | 3/5/2007 | See Source »

...unexceptional child is a thing of the past. Principles of diversity and cultural pluralism dictate that every difference is something to be cherished, and therefore even the most obnoxious, obtuse, little brat is a marvelous creation. These days, no child can be left behind. After all, these kids couldn’t possibly be stupid: They just have different learning styles. Quantifiable measures of intelligence like the SAT are falling out of fashion amid charges that they are racist, sexist, and don’t get little Johnny into Princeton...

Author: By Daniel E. Herz-roiphe | Title: You’re Not That Special | 3/5/2007 | See Source »

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