Word: dollarization
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...chaired by University President Drew G. Faust and the heads of MIT, Genzyme Corporation, and the University of Massachusetts—wrote a letter to the state congressional delegation advocating for increases in NIH funding, writing that each grant awarded creates an average of seven jobs, and that every dollar invested in the NIH generates twice as much in economic output. They also wrote that “the next generation of scientific leaders [has been discouraged] from pursuing careers in biomedical research” as a consequence of eroding federal NIH support and delays in grant-making. Glen Comiso...
...50th anniversary, but may not make it to that milestone. On Monday, the Board of Trustees voted unanimously to close the museum and use its collection—worth an estimated $350 million—in order to generate funds to cover the University’s looming multimillion-dollar budget deficit. While the plan has been met with considerable opposition from several long-time donors to the Rose and from student protests, the University is moving forward undeterred. Brandeis’s president recently said that some of the art may be saved from liquidation, but that there...
...Trillion-Dollar Question...
...reality television show pits 11 pairs of contestants against each other in a race around the world to the finish line—and a one million dollar prize. Competitors traveled to nine different countries—including India, Romania, and Siberia—all in the span of 22 days, according to a CBS press release...
...care costs and therefore rightfully belonged in the stimulus package as a cost-cutting measure. Whether or not you agree with that argument, numerous studies have shown that investments in preventative care save money in the long run. The Guttmacher Institute, which advocates for abortion rights, estimates that every dollar of publicly funded family-planning services saves $4 in state and federal dollars. And when the Congressional Budget Office looked at a very similar provision in 2007, it estimated that the federal savings would have totaled $200 million over five years and $400 million over...