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...There are other reasons Asia may not be ready. One of the central goals of an Asian bloc would be to make it easier for China to buy a greater proportion of the region's output as the U.S. fades as an engine of global consumption and growth. But, while China's per capita GDP now stands at about $3,200, up nearly fourfold since 1997, it's still a far cry from U.S. per capita GDP of about $46,000. Moreover, conservative Chinese financial habits are deeply ingrained and driven by the need for "precautionary savings" for medical care...
...dreamy as her name suggests. She's also kind and patient, except where bureaucracy is concerned; then she's feisty and political. The classroom is filled with societal castoffs, and the scenes there have an unwelcome touch of Welcome Back, Kotter. Precious seems to have an easier time trusting the situation than...
Given this reality, the idea of As should be welcomed as a positive and easier path. The central issue with the glut of As and A-minuses currently awarded by the college is not that they make students’ GPAs too high, but that they make their GPAs too similar. Grades lose meaning when everyone gets the same ones, whether they are As or Cs. Extending the GPA scale higher to 4.3 would differentiate grades a substantial amount and accomplish much of what grade deflation would...
...simply use this opportunity to move the grading scale up and give out more A-pluses and As. Instituting A-pluses will be ineffective if it is not accompanied by grading discipline on the part of course leaders. However, this effort, to actually preserve the way they grade, seems easier than any other method of grade differentiation. In any case, something must be done, because, eight years after The Boston Globe declared our grading system the “laughingstock of the Ivy League,” we haven’t progressed very far. The point of grades should...
...Read "Financial Regulation: Way Easier Than Health Care...