Word: economyã
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Menino and Galvin cited uncertainty about Harvard’s intentions for the land—as well as concerns that any changes to the pike or rail yard could hurt the area’s economy??as their main reasons for opposing the deal...
...parcel, known as Allston Landing South, has been the subject of political wrangling for months, including recent protests from a slew of powerful politicians, who say they are concerned that Harvard would push the rail yard—which some say is crucial to the local economy??off of the land...
...entrepreneurship of the poor has produced assets in the “underground economy?? worth over $9 trillion. But the poor are prevented from entering the legal realm by bureaucratic runaround. To document the extent of the challenges, Peruvian economist Hernando de Soto describes in The Mystery of Capital how he tried to obtain legal permits to build a small house and license one sewing machine for commercial...
...according to the report, the universities have also poured money straight into the local economy??and they are predicted to spend roughly $850 million a year on construction for the next four years...
...light of today’s souring economy, red ink is no shock. FAS should not fear running modest deficits in continuing its expansion—nor should it rule out borrowing to cover its expenses for a few years. The Faculty should be able spend smoothly through the economy??s upswings and downswings—a desirable practice for a college looking to grow...