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...fiscal deficits of the PIIGS are among the highest in Euroland. Their unit-labor costs have risen faster than anywhere else. So their exports can't compete; hence they run some of the largest current-account deficits. What do you do when you shovel coal and run out of fuel? You borrow - as the PIIGS have done. The markets have cast their verdict on that. Now, Greece has to borrow at twice the interest rate that German bonds fetch...
...current model combines disincentives to storing materials at [Harvard Depository] with procedures that punish the most generous providers of materials,” the task force report states...
...report, which makes a critical assessment of the Depository, presents a series of reforms for the once state-of-the-art facility to better align it with the University’s current library system...
...proposals include the construction of a new, more accessible facility that could sustain 50 years of collection expansion. The new building would allow the current structure to serve its intended purpose of a minimally-circulating, “dormant” storage facility...
...There are those on my staff that say I have the mannerisms of a 17-year-old boy, and in fact I’ve had those mannerisms since they started six years ago. So I think I’ve done a great job of perpetuating my current vigor for expression and art and life...