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...heart of the credit crunch now afflicting the global economy is the bursting of a great housing bubble throughout much of the developed world. Bubbles are, of course, as old as capitalism itself. Many of us in England recall learning at school of the great South Sea bubble of the early 18th century. But they seem to be coming more frequently nowadays. The housing bubble has burst only a decade or so after the Internet and tech-stock bubble. So we may not need to wait all that long to see the next one. And the most likely candidate...

Author: /time Magazine | Title: What's Green and Goes Pop? | 5/21/2008 | See Source »

Learning your approximate carbon shoe size is the first step. Everything you do that is powered by fossil fuels has a carbon dioxide cost, and it adds up--a bit like credit card debt. Some actions, like commuting in a gasoline-powered car, have obvious carbon costs. Others are less clear but still significant. Take your diet: livestock are responsible for an estimated 18% of global carbon emissions, so when you chow down a hamburger, you're effectively emitting CO2 as well. Even something as small as an iPod Nano will add to your carbon footprint, thanks to both...

Author: /time Magazine | Title: Sizing Up Carbon Footprints | 5/15/2008 | See Source »

...often associated that crime with blacks. Today, by contrast, roughly 1% of Americans say crime is their top issue, and no one even knows what Obama's position on the death penalty is. For Obama, that's an enormous boon, and Bill Clinton deserves a lot of the credit. His policies--especially his bold proposal for 100,000 new cops--helped bring down the crime rate. And by embracing the death penalty, he eliminated one of the GOP's best wedge issues. That embrace was ugly at times, as when Clinton flew back to Arkansas during the 1992 campaign...

Author: /time Magazine | Title: What Obama Owes the Clintons | 5/15/2008 | See Source »

...According to economics department Chair James H. Stock, when the department submitted Ec10 for credit in the category U.S. in the World, the Gen Ed committee sent it back, suggesting that it belongs in Empirical and Mathematical Reasoning instead...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Gen Ed Frustrates Some Disciplines | 5/15/2008 | See Source »

Rather than take courses in the seven subjects furthest from one’s concentration, every Harvard student will take classes in the same eight categories—some of which may double-count for concentration credit, according to Gen Ed committee chair Jay M. Harris...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Gen Ed’s eight categories, broader than the Core’s, will push students less outside of their concentrations | 5/15/2008 | See Source »

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