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...nerve to issue dire warnings. Being the bearer of bad news can be professionally risky, since optimism sells better than pessimism. Government forecasters are also shy about raising red flags on the economy because of the political ramifications. Politicians generally dismiss talk of an economic downturn, preferring instead to highlight prosperity--at least if they want to get re-elected. Asks economist Prakash Loungani at the International Monetary Fund: "How good are these forecasters at predicting the end of a boom? Not very. Only two of the 60 recessions that occurred over the globe during the 1990s were predicted...

Author: /time Magazine | Title: How We Missed Signs Of A Slowdown | 4/30/2001 | See Source »

...what was perhaps the highlight of the event, guest speaker Abner Mason '85, the chief secretary of Massachusetts and a former student Foundation member, read a proclamation on behalf of Mass. Gov. Jane M. Swift declaring April 26 to henceforth be "Harvard Foundation Day" in Massachusetts...

Author: By Juliet J. Chung, CRIMSON STAFF WRITER | Title: Foundation Celebrates 20-Year Anniversary | 4/27/2001 | See Source »

...accompaniment in between scenes is excellent and worthy of praise. The orchestra, comprised of a guitar, a piano, a set of drums, a bass guitar and a violin, plays in a variety of styles, ranging from rock, to jazz and blues, to a Spanish tango—definitely the highlight of the show...

Author: By Rebecca Cantu, CONTRIBUTING WRITER | Title: With My Little Eye | 4/27/2001 | See Source »

...Government spin doctors rushed Monday to highlight the achievements of the program that caused the mistaken downing of the missionaries' plane. U.S. electronic intelligence-gathering planes patrol Latin America's airspace, feeding information on suspicious planes to local air forces, who are supposed to intercept the plane and follow a series of established procedures for establishing its identity, and then shoot it down if it fails to comply with directives to submit to a search...

Author: /time Magazine | Title: Peru Plane Tragedy Highlights a Troubled War on Drugs | 4/24/2001 | See Source »

Junior first baseman Josh San Salvador and outfielder Javy Lopez each chipped in two-run singles, and Carter also knocked in a run to highlight the wild inning...

Author: By Brian E. Fallon, CRIMSON STAFF WRITER | Title: Baseball Captures First Place | 4/24/2001 | See Source »

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