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...want to make sure the money is used for the purpose given,” Grassley said in the Crimson interview. “[Universities] are not a store-house for money, and they have become one to some extent...

Author: By Christian B. Flow and Kevin Zhou, CRIMSON STAFF WRITERSS | Title: Facing Scrutiny, Harvard To Up Spending | 6/4/2008 | See Source »

...Among the many consequences of the productivity slowdown was a further complication for the monetary policy makers of the 1970s. Detecting shifts in economic trends is difficult in real time, and most economists and policymakers did not fully appreciate the extent of the productivity slowdown until the late 1970s. This further influenced the policymakers of the time toward running a monetary policy that was too accommodative. The resulting overheating of the economy probably exacerbated the inflation problem of that decade.9

Author: By Crimson News Staff | Title: Full Text of Ben Bernanke's Class Day Speech | 6/4/2008 | See Source »

...percent per year, on average.8 But then, for the next 20 years or so, productivity growth averaged only about 1-1/2 percent per year, barely half its previous rate. Predictably, the rate of increase in the standard of living slowed as well, and to about the same extent. The difference between 3 percent and 1-1/2 percent may sound small. But at 3 percent per year, the standard of living would double about every 23 years, or once every generation; by contrast, at 1-1/2 percent, a doubling would occur only roughly every 47 years, or once...

Author: By Crimson News Staff | Title: Full Text of Ben Bernanke's Class Day Speech | 6/4/2008 | See Source »

...Less recognized has been the extent to which Senator Clinton’s candidacy has reshaped the electorate. Political pundits have continually praised Senator Obama’s ability to draw new, young voters. Yet few appreciate that Senator Clinton has also inspired new voters of all ages, especially women. In six competitive primary contests, voter registration among women increased by 89 percent. According to exit poll data, Hillary Clinton drew a large majority of these voters to the polls. Numerous New Hampshire, Nevada, Massachusetts, and Texas voters to whom I spoke on the campaign trail cast their first ballot...

Author: By Rahul Prabhakar and Ari S. Ruben | Title: Lessons from the Trail | 6/4/2008 | See Source »

...often do, spend their four years fleeing natural logs and derivatives. What distinguishes this problem from the converse—of math and science concentrators in humanities and social science classes—is not only the poor content of Quantitative Reasoning (QR) Core courses, but also the extent to which mathematical knowledge relies largely upon the ability to execute certain basic numerical techniques...

Author: By Ramya Parthasarathy | Title: The Magic of Numbers | 6/4/2008 | See Source »

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