Word: fractionization
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...economist interested in cost-benefit analyses of government policies and their effects on society, Miron advocates drug legalization and other libertarian policies, saying that “however well intentioned, a large fraction of government interventions do more harm than good...
...good; the hot can be just as hot, the cold can be just as cool. In the ‘80s they had the luxury of writing about computers as metaphors. Today you have to be pretty memetic and rigorous about your computers; a substantial fraction of your audience will call you on it if you have cyberspace decks that are capable of shredding your brain because no one’s thought about putting a fuse in them...
...economy than previously thought. And industrialization is taking a toll. Several industries, including steel and automobiles, have been growing so rapidly that they now have problems of overcapacity. Still, with 300 million rural laborers in China eager to join the industrialization push, and at wages that are a small fraction of what Americans or West Europeans earn, the downward pressure on jobs and salaries worldwide is likely to continue. Ford's late-January restructuring, involving 30,000 job losses, demonstrates that theme...
...undergrads last academic year—the highest level since 1999-2000, and the second-highest level over the past 20 years.The most common grade at Harvard since 1989-1990 has been an A-minus. Those almost-stellar marks accounted for 25.0% of all grades last year.And the fraction of failures among all undergraduate grades remained at a two-decade low of 0.4 percent.Gross wrote that “grade compression continues to be a concern,” and he urged Faculty members to discuss the trend “at the departmental level.”But Mansfield...
Strauss said he agreed with Swensen’s view that Harvard’s in-house structure is a problem, and suggested that Harvard would have no trouble finding qualified people, especially alumni, who would manage the endowment for a fraction of the multi-million dollar salaries HMC managers have earned...