Word: expansionism
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Dates: during 1980-1989
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Productivity growth has declined more rapidly since 1973. Among the villains cited by various economists are: the decline in real R & D expenditures, declines in the rate of investment in new capital equipment, the "greening" of the labor force, government regulation, the rise in energy prices, and inflation. Clearly investment...
The reaction of the City Council to the news was relatively unconstructive. Bound by laws prohibiting it from interfering with Harvard expansion, the council voted only to drape City Hall in purple bunting, a symbol of mourning over the "slow death" of the city before Harvard's expansion.
But the University's reaction to the list was far more important--and depressing. Robin Schmidt, vice president for government and community affairs, called it a "fake" and a "cheap shot," arguing that Harvard bought one of the properties on the list at the urging of the city, that others...
Harvard officials quibble at the exact size of University growth; a glance at the city of Cambridge shows, however, that whatever the past history, Harvard's expansion cannot continue. Cambridge, six square miles crowded with over 100,000 people, is one of the world's most densely-populated cities; the...
Harvard does not need a new "red line"--the University's term for its self-imposed expansion boundaries. Instead, it should promise immediately to cease buying new properties. New expansion should come only with the approval of the city.