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...other social programs is even smaller as a proportion of the overall economy than previously thought. And industrialization is taking a toll: several industries, including steel and automobiles, have been growing so rapidly that they now have problems of overcapacity. Still, with 300 million rural laborers in China eager to join the industrialization push for pay that's a fraction of what Americans or West Europeans earn, the downward pressure on wages and jobs worldwide is likely to continue. Just last week, Ford announced it will lay off up to 30,000 workers and close 14 plants...

Author: /time Magazine | Title: The Goldilocks Economy | 1/28/2006 | See Source »

...destroying Israel but also widely viewed among Palestinians as a vehicle for clean and competent government. "I came here today to vote for Hamas," Mustaffa, 46, told Time outside a polling station in Hebron. "Perhaps my vote will contribute to getting rid of PA corruption." Hamas supporter Zahra was eager to talk up her party. "We have to prove to the whole world that Hamas is concerned about the future of the Palestinians," she said soon after voting. Asked what sort of future that would be, she walked on without replying...

Author: /time Magazine | Title: Palestinians Vote to 'Punish Fatah' | 1/25/2006 | See Source »

...supportive but fidgety audience when he finally ended the marathon lunchtime event by saying he had to get home in time for a dinner. Facing proliferating questions about whether he had gone too far with the surveillance and whether he has lost control of operations in Iraq, Bush seemed eager to explain himself. At length. In a clip sure to delight the likes of Jon Stewart, Bush said that his job description of President would be "a decision maker-I make a lot of decisions...

Author: /time Magazine | Title: Bush's Surveillance Offensive | 1/23/2006 | See Source »

...years here to cultivate a certain restlessness, an insatiable longing to join the “real world” of Wall Street or to have a guaranteed, positive influence on others as doctors or the like. These routes are often the most obvious, most comfortable channels for our eager and well-meaning spirits but not necessarily the ones by which we can potentially affect the greatest good. I do not intend any elitism by these words—that we, as Harvard students, have a higher calling than any other fellow human who inhabits our earth. Yet over...

Author: By Henry Seton, | Title: In Defense of Idealism | 1/22/2006 | See Source »

...charge for general education.Nonetheless, in a two-semester survey of “Literature Humanities,” Russell has carved out a place in the battery of freshmen seminars (usually a portal to Harvard at its most myopic) to provide a semblance of well-rounded, broad education to eager newcomers.It has long been supposed that no one—neither professors nor students—wants to be troubled by the dead white men who comprise most of any Great Books curriculum. That over 100 freshmen applied to Russell’s fall semester seminar bespeak an unrecognized demand...

Author: By Travis R. Kavulla, | Title: A Small Niche for Great Books | 1/20/2006 | See Source »

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