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...developing countries to save," sighs Srinivasan. "But in the conditions we work under, our margins are tightly squeezed." So his firm controls costs in shrewd though legal ways: "Overtime pay is twice the regular pay. To cut costs, we don't make workers put in extra hours - we just employ more people...
...more than ever, people employ data-backed arguments, even to tackle the problems once addressed by the other fields. Just 100 years ago, the mystery of human happiness was a question for poets and theorists, but today, we take heed of empirical studies correlating happiness to job security and relative wealth. Now, even the moral dilemmas of altruism are modeled by behavioral economists interested in quantifying the extent to which people are averse to inequality. In order for the social theorist or ethicist to develop such models, however, certain foundational mathematical skills are necessary. Questions of scientific inquiry?...
...places like these - in other words, most of Cambodia - where the five-star visions of the coast begin to get a bit blurry. Neither tourism nor oil alone can drive the national economy in a meaningful way. There must also be investment in agriculture and other sectors that employ most Cambodians, says Arjun Goswami, country director for the Asian Development Bank. "If one of these days I can go into Whole Foods and see a Cambodian export on the shelves, that's when I'll be a happy man," says Goswami...
...helpful to consumers, according to the NEJM article, prompting patients to seek new treatments, ask better questions of their doctors and solicit advice for medical conditions that might have gone untreated. But the potential for confusion is undeniable, as Day's data attests. Sometimes the ads employ crafty timing or visual distraction to deemphasize the risks. Sometimes they do so simply by using complex language: in a study of 29 drug ads that Day conducted in 2000 and 2001, Dayfound that, on average, benefit information required a sixth-grade level of language comprehension, while side effect information required a ninth...
Deviating from Core Curriculum practices, both newly approved courses will be limited in enrollment and will be taught solely by professors. Professor Stephen J. Greenblatt will be co-teaching the Humanities 10 course with Menand. Neither class will employ teaching fellows. The faculty members will lead lectures as well as sections, and students will be required to obtain faculty permission in order to enroll in either of the two courses...