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...growth that accelerates investment by leveling borders and speeds up consumption by driving down prices. These competitive pressures also bear down on costs, and so money remains cheap while (core) inflation is safely confined. If U.S. growth has slowed a bit, Japan and Euroland are no longer a drag on the global economy. More significant is the uptick in confidence. Last year, those morose Europeans called off their consumption strike, and so consumer spending is up by around 2%. That may not be very impressive by Chinese standards, but it's downright profligate when compared to the tightfistedness of past...

Author: /time Magazine | Title: Those Gloating Dismal Scientists | 1/18/2007 | See Source »

...views and opinions of others,” says Schipper Professor of Law Bruce H. Mann, who was also on the faculty at Penn with Faust. “You can bring people much farther along if you persuade them to go with you than if you drag them...

Author: By Claire M. Guehenno, CRIMSON STAFF WRITER | Title: Deft Historian May Be Harvard's Future | 1/12/2007 | See Source »

...country that spends more money per person on healthcare than all other developed countries, and with the federal government seemingly content to perpetually drag its feet on healthcare reform, bold plans such as Schwarzenegger’s will have to carry the flag of progress. We applaud the Governator’s goals, and hope that through informed dialogue and hard-nosed compromise, they will result in much more than just hype...

Author: By The Crimson Staff | Title: Towards Better Healthcare | 1/12/2007 | See Source »

Thanks to the insatiable desire of the American media to create controversy where there is none, or—more appropriately, in this case—drag a year-old controversy, kicking and screaming, into a year in which it should be water under the bridge, Harvard’s presidential search is irrevocably tainted. The specter of President Summers’ perceived shortcomings and his ouster will likely have far-reaching consequences once the president is selected, and beyond...

Author: By Ashton R. Lattimore | Title: The Ghost of Summers | 1/9/2007 | See Source »

...student athlete ethos. Sure, the Fighting Irish community is guilty of its own bloated football obsessions, including the program's gilded television contract with NBC and the new 10-year contract for coach Charlie Weis that reportedly approaches or exceeds the $3 million-a-year mark itself, threatening to drag Notre Dame into the pigskin salary...

Author: /time Magazine | Title: Alabama's Sellout for Saban | 1/4/2007 | See Source »

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