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...digit growth in the past month. At the Tannery bold red tape announced discounts from 20 to 50 percent on the store’s wares. At the Harvard Coop, University President Drew G. Faust was spotted with her daughter Jessica Faust ’04. The Civil War historian looked through a Lincoln biography. A staid clientele filed into the bookstore to avoid crowds at local malls. “The people who come here are interested in something better than buying clothes. It is an escape from Black Friday,” said Suzanne M. Wolfe, who shopped...

Author: By Danella H. Debel and Elias J. Groll, CONTRIBUTING WRITERSS | Title: Shoppers Hit Square Stores | 11/30/2008 | See Source »

...sponsor the event with other groups like Harvard Hillel and the Interfaith Council.She said that SAA has plans to connect the attacks in Mumbai with preexisting plans for passport to South Asia week, starting Dec. 6. ‘NEED TO COME TOGETHER’Professor Sugata Bose, a historian of South Asia, found out about the attacks while in his office on Wednesday and watched it unfold on television, but he said he learned more about what was going on from people in India. He said the American media coverage was superficial. “There was much more...

Author: By Laura G. Mirviss, CONTRIBUTING WRITER | Title: Terror in Mumbai Touches Harvard Families | 11/30/2008 | See Source »

...weeks has been dire. Violent strikes and protests are reported almost daily. Millions of workers are out of jobs. Economic indicators presage more gloom, with electricity production for industry falling 4% in October, the first time it has declined in a decade. So is China - the "fragile superpower," as historian Susan Shirk memorably termed it - about to experience the one thing its leaders have feared for years: a so-called hard landing of its economy that could spark widespread social unrest...

Author: /time Magazine | Title: A Nation Apart | 11/27/2008 | See Source »

...Europe after World War II, for example, unfettered capitalism was practically a dirty phrase. One historian said those who believed in free enterprise were "a defeated party." With memories of the massive unemployment of the Great Depression still fresh, and the need to rebuild from the devastating war all-important, Europe moved toward a state-heavy "mixed" economic model. In the U.K., government leaders nationalized key industries and introduced national health care and other "welfare-state" programs. The "mixed" economy performed well for a while, but by the 1970s it had run into a wall. State-owned firms drained...

Author: /time Magazine | Title: Why Government Intervention Won't Last | 11/25/2008 | See Source »

...China - the "fragile superpower" as one historian memorably called it - about to experience the one thing its leaders and many analysts and academics outside the country have feared for years: a violent contraction in its economy that some fear could spark widespread social unrest among its billion inhabitants? (See pictures of the global financial crisis...

Author: /time Magazine | Title: Is China Headed for a Hard Landing? | 11/24/2008 | See Source »

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