Word: dollarize
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Dates: during 2000-2009
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...behind. Plagued by poverty and unemployment, the Philippines has exported about 8 million workers, the vast majority of whom are women. In the first half of last year, these mothers, sisters and daughters sent home more than $8 billion in remittances, roughly 10% of the country's GDP. That dollar figure is expected to double by 2010 and doesn't include probably another couple billion in cash brought by suitcase. "I have two sons. My heart is broken to leave them," one amah, Ana Tellez, told me. "But there is no work at home. We'd starve if I wasn...
...business or government: full speed ahead from the pages of The New York Times to Cambridge, Massachusetts! And all the better if the new president has a gimmick, for these are the sort of kids who were utterly delighted when former University President Lawrence H. Summers would autograph their dollar bills beneath his signature as Secretary of the Treasury. Thank goodness Harvard doesn’t work like that, at least not all the time. It remains an academic institution, however inconvenient or archaic that may seem to these “disappointed” few. No institution (particularly...
...dialogue in the video will make your ears bleed. Written by Nick Cassavetes, the director of “The Notebook” and “Alpha Dog,” everyone’s lines seem straight out of a romance novel you find in the dollar bin, but it’s all in wholesome, pulp fun. Throughout, Johansson seems very conscious of the fame that got her this gig. Fueling the rumors of a made-in-tabloid-heaven romance, the two definitely have chemistry, but then again, what man wouldn’t with Hasty Pudding?...
...brainchild of recent Harvard alums and current Facebook employees, Jared S. Morgenstern ’03 and William P. Chen ’06, according to Facebook spokeswoman Brandee D. Barker. In February, every member’s first gift is free and each subsequent present costs a dollar. Net proceeds will be donated to Susan G. Komen for the Cure, an organization that raises funds for breast cancer research. Breast cancer awareness groups are the most prevalent cause-related group on Facebook. According to Barker, over 1.4 million users are affiliated with some breast cancer cause...
...Social Analysis 10, “The Principles of Economics,” Beren Professor of Economics N. Gregory Mankiw’s 150-dollar “Principles of Economics” is the only required text. Yet Mankiw maintains he isn’t fishing for royalties: his book was in the class before...