Word: fractionalized
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...Kennedy School drew a quarter of its operating budget from its endowment—roughly the same fraction seen at the Medical School but only half of that seen at the Faculty of Arts and Sciences. As of June 30 last year, the Kennedy School's endowment stood at $1.1 billion, although University administrators have for months projected a 30 percent decline in Harvard's total endowment over the course of this fiscal year. Current use gifts compose another 20 percent of the Kennedy School's budget—the largest amount at all of Harvard's schools, with...
...black for some publishers. "That's the detonation point," says Dennis Johnson, publisher of the prominent small press Melville House. "Because nobody can make a book that sells for $9.99." Yes, you save on printing and shipping, he says, but that's only a small fraction of what it costs to make a book. (See the top 10 gadgets...
...More important, an unarmed popular movement can topple an authoritarian regime only if the security forces switch sides or stay neutral. But Iran's key security forces - the élite Revolutionary Guards Corps and the Basij militia - are bastions of support for Ahmadinejad. And they have used hardly a fraction of their repressive power. Also, while the opposition draws far larger crowds, there are still millions of Iranians strongly backing Ahmadinejad. So even if the government is unable to destroy the opposition, it's unlikely that the opposition will be in a position to destroy the government. (See pictures...
Though people outside Iran tend to believe that the country's elections are always rigged, the truth, at least until recently, was that the regime manipulated results by only a fraction of percentage points. I never imagined that the election could be hijacked entirely, that fraud could be committed on such an enormous scale. In the decade that I've covered Iran as a journalist, it seemed the regime still cared too much about its legitimacy to tamper dramatically with the people's will. The constitution, after all, enshrines the will of the people as the basis for sovereignty...
...Hiva Oa Pearl Lodge, www.pearlresorts.com. I realize that I can make out the hillside Calvaire Cemetery, where Gauguin's grave site is lovingly festooned with flowers. As vivid stars begin to pop out of the sky, I think of the painter's words: "Life is hardly more than a fraction of a second. Such a little time to prepare oneself for eternity...