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...reasons that the drop in economic activity has accelerated is that there is no mechanism in place to cope with a failure of this magnitude. The world in which The Great Depression played itself out predated the globalization of credit and economic interdependence. Even the worst of the large post-war recessions rarely lasted more than a year. Even at their most inventive, government policy systems are incapable of operating in an environment where the pace of negative change quickens by the week...

Author: /time Magazine | Title: The Financial Crisis: The World At War | 3/3/2009 | See Source »

...best to treat idiopathic pain is one of medicine's great mysteries. You can anesthetize patients with painkillers, but that's not a great long-term solution, since patients become habituated (and in some cases addicted) to pain meds. In children, the situation is even more dire, since they may face decades of swallowing drugs. (See nine kid foods to avoid...

Author: /time Magazine | Title: Talk Therapy for Kids' Pain: Better than Pills? | 3/3/2009 | See Source »

...laughs) Yes, it would. But more than that, he was a leader who was incredibly openminded and tolerant, supported the building of schools, and was one of the first great communicators...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: 15 Questions with Bill Drayton ’65 | 3/3/2009 | See Source »

...It’s Sanskrit for “the act of absence of sorrow,” but we base it off Ashoka the Great, the Indian emperor, who reigned over India’s military empire in the third century B.C. He led many bloody military conquests, but afterward, he felt a deep regret for his actions, so he put up edicts, in stone, across the empire. They read, “the wars and bloodshed were wrong and unjust...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: 15 Questions with Bill Drayton ’65 | 3/3/2009 | See Source »

...professional work? CM: It’s easy for me and hard for him. When I show him my work, which sometimes I do, I want him to be my loving husband and a fierce and honest critic, and I want him honestly and fiercely to tell me how great it is (Laughs). It just puts him in an awkward position. But for me it’s a win-win; and I’ll never get reviewed by him.5. FM: How do you both like working out of Harvard?JW: I think both of us feel...

Author: By Alexander J. Ratner, CONTRIBUTING WRITER | Title: 15 Questions with Claire Messud and James Wood | 3/3/2009 | See Source »

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