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...decades, governments with a socialist ideology threw money at poverty?only to find that much of it was wasted through corruption and mismanagement. The sharpest reductions in Indian poverty seem to have come not when New Delhi had spent the most, but when the economy had grown the fastest. After India began dismantling its socialist economy in 1991, the percentage of the population living in poverty fell from...
...think relays are always the most fun part of a meet because you are swimming with your teammates in your race,” Skoda said. “I know that a lot of us had our fastest swims in our relays because you are swimming for your team and it pushes you harder...
Perhaps the Harvard men’s best chance to win a running event came in the 1,000-meter race, for which senior Alasdair McLean-Foreman had the second-fastest qualifying time in Saturday’s semifinal heats...
...beat everyone by a significant amount in that relay,” O’Conner said. “In everyone else’s mind we did win that relay and it was our best relay—we knew that we had the four fastest girls in the Ivy League...
...year 2004 was one for the record books: the world economy grew at its fastest rate in almost three decades. And most observers predict that growth in 2005 will continue to be relatively robust. The developed world, to paraphrase British Prime Minister Harold Macmillan's 1957 proclamation to his countrymen, has rarely had it so good. Why, then, are so many economists so nervous? When TIME's annual Board of Economists round table met during the World Economic Forum in Davos, Switzerland, late last month, the discussion focused less on what is going right in the global economy than...