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...process, most either failed or were swallowed up by others. The net result has been a positive for users of capital markets, which can be accessed more cheaply than ever before. But the success of the market has resulted in a vast accumulation of capital in tradable form that is now capable of wrecking whole economies. In 2000 and 2007, financial bubbles did great damage, and the monster is still out there...
...week in mid-February, the Harvard community will have one more way to witness the exchange of virtue for self-liberation—and this time it won’t just be your roommate shaking off the January blues. Instead, this spectacle comes in the form of a comic, irreverent tale of innocence lost and knowledge gained: the Dunster House Opera’s upcoming production of Benjamin Britten’s “Albert Herring...
These three consecutive numbers form the beating heart of the band’s new musical philosophy. “Romance is Boring” is a work of literate, deeply emotional rock which treads a careful line between the band’s two primary influences: the raw, noisy, unpredictability of Xiu Xiu and their ilk, and the listenability of early 90s indie...
...Although this event follows the model of the past [Folklore and Mythology] events, it goes even further in its attempt to integrate the making of the music, including the construction of the instruments, and the scholarship that has investigated not only the musical form itself, but also its place in American social and cultural life,” Foster wrote in an e-mail...
However, there are certainly aspects of this new development that deserve praise. The mailings provide colleges with a novel new form of advertising, exposing students to institutions they might have otherwise ignored. Bright students might discover that great universities are not found only on the front page of U.S. News and World Report; as a result, lesser-known schools could attract more intellectually gifted students who might otherwise base college decisions on name recognition alone. Similarly, waiving the application fee attracts students who find the cost of applying to college prohibitively high, which increases the accessibility of higher education...