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...researchers pointed out last year in a study in the journal Psychological Science, sadness can stimulate something this economy badly needs: consumer spending. According to the Department of Commerce, just when the economy was tanking during the third quarter of last year, the personal-savings rate jumped to its highest level in nearly four years. In the long term, a higher savings rate will help prevent future credit meltdowns, but most economists agree that in the short term, we need to stop stuffing paychecks into mattresses. Being sad can help do this because, as the authors...
...signatories of the letter—all members of the College’s class of 1969—are proposing that compensation for endowment managers should not exceed that of the highest-paid academic or administrative officer of the University...
...academic year 2006-2007, Harvard’s highest paid official was Provost Steven E. Hyman, who brought home $549,683, including benefits...
...popular acclaim. It was billed as “extraordinary” and “profoundly moving” by The New York Times Book Review’s Geoffrey C. Ward. It also sold about 40,000 copies in its first five months in print, the highest circulation of any of Faust’s books to date...
...about some of the best schools in the country, regular statistical rules don't apply. In 2007, for instance, Fairfax County's Thomas Jefferson High School for Science and Technology produced 158 semifinalists in the prestigious National Merit scholarship competition - more than any other high school - and boasted the highest average SAT score in the country. Yet out of 432 seniors that year, according to McLaughlin, only 16 graduated with straight A's. "They happen to attend a school that has a large percentage of bright, high-performing students," she says. "You should hope that the student GPAs reflect...