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Unfortunately, this happy solution is unlikely to materialize because the global economic equilibrium seems stable as it is. Thanks to Asia, the transpacific economy is thriving, driven by what economists have characterized as a second, informal Bretton Woods system, in which Asian central banks finance America’s consumption...

Author: By Éloi Laurent | Title: A Swap in EU-U.S. Economic Policy | 3/10/2006 | See Source »

...activities designed to give freshmen something fun to do. In December 2003, the prefect program hosted “Harvard Idol,” which attracted more than 500 sober freshmen at midnight on three consecutive Saturdays. These aspects of the program were successful precisely because they were student-driven. The program was not beholden to the bulging bureaucracy of University Hall. Returning prefects, not College administrators, selected and supported new prefects as peer mentors; engaged students, not detached adults, attempted to create some semblance of a social life in the Yard. To many freshmen, life on the Yard...

Author: By David U. Fox, | Title: Student-Run Prefect Program Vital to Freshman Experience | 3/10/2006 | See Source »

...museums will be stored in the Citizens Bank building on Western Avenue in Allston. Daron J. Manoogian, the public relations officer for HUAM, said this is a project that will ultimately facilitate the research and study of art at Harvard.“Most of the renovations were driven by the need for our building to be renovated,” says Manoogian. “Air quality, building structure, plumbing... There’s too much important art in there for it not to be in a place that’s state...

Author: By J. samuel Abbott, CRIMSON STAFF WRITER | Title: Trading Spaces: Art To Migrate During Museum Renovations | 3/10/2006 | See Source »

...outfielder and will add depth to the right field position.Harvard’s depth, combined with its enthusiasm to get the season started, has given Allard high hopes for the season. As is evident from the versatility of the players and their flexibility in positions, this team is driven to do whatever it takes to win. “One of the things this team has done that is remarkable and is typically a characteristic of a championship team is that they are very singularly focused and they know what they need to do and are not letting little...

Author: By Elyse N. Hanson, CRIMSON STAFF WRITER | Title: SOFTBALL '06: Tight-Knit Bunch Ready to Dominate | 3/7/2006 | See Source »

Once part of a secretive urban subculture that began in New York City in the 1970s, sneaker freaks like Thomas have come out of the closet, rising up not only across the U.S. but also around the rest of the globe, from Berlin to Tokyo. While many are driven by nostalgia for the classic Adidas or Pumas they wore as a kid, others amass the shoes not to wear but to save and admire like a stamp or baseball-card collection. "It's the thrill of the chase," says Carra Crehan, 26, who works at a New York City sneaker...

Author: /time Magazine | Title: Freaking for Sneakers | 3/5/2006 | See Source »

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