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...excess: Athens budgeted $1.6 billion for the 2004 Games but wound up spending $16 billion. Four years later, Beijing budgeted the same amount, $1.6 billion, for the 2008 Summer Games yet spent an enormous $40 billion. London originally planned to spend $8 billion for the 2012 Games; the current estimate is $19 billion and rising. "Once the Games leave town, there often isn't much to celebrate," says Humphreys, noting that host countries nearly always experience a drop in GDP growth in the year after the Games. (See highs and lows from the 2008 Beijing Games...

Author: /time Magazine | Title: Would Getting the Olympics Be Good or Bad for Chicago? | 9/30/2009 | See Source »

...Wikipedia more open to anonymous contributions, not less. Not only will novices to the site still be able to edit most articles, they'll also be able to make changes to protected pages like Obama's; their changes will become visible only if approved by senior Wikipedians. Under the current rules, people new to Wikipedia are blocked from editing protected articles. (See the 25 best blogs...

Author: /time Magazine | Title: Jimmy Wales Quietly Edits Wikipedia's New Edit Policy | 9/30/2009 | See Source »

...Lehman Brothers, the stock market went down - so the indicators of the economy got worse and yet confidence has leveled off," she says. Of course, you could also say that the two surveys bridged the worst months of the financial crisis, but it's positive nonetheless that current investor confidence is a tad better than pre-Lehman levels. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Survey: Investors Gaining Confidence in Markets | 9/30/2009 | See Source »

Friday’s e-mail was not the first time Gu had e-mailed allegations to Harvard students. According to the e-mail log on Gu’s site, she sent a series of e-mails to current and former students in the economics department in Aug. 2008. The e-mails contained allegations about both faculty and students in the department...

Author: By Manning Ding, CRIMSON STAFF WRITER | Title: Ex-Grad Student Alleges Misconduct | 9/29/2009 | See Source »

...reaffirmation of the construction schedule means that at least some current freshmen will sleep under a newly renovated roof before they graduate. Many current students were involved in the creation of the report. Even more students have discussed or debated housing renewal at some point. Therefore, it is an exciting prospect that our generation of Harvard students will have a tangible connection to its realization...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: House Keeping | 9/29/2009 | See Source »

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