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...said that she has witnessed “overwhelming willingness” to participate among faculty. But according to FAS spokesman Robert P. Mitchell, the institution of even an across-the-board 2 percent salary reduction for non-union workers would have only a “minor impact,” saving less than $5 million—only a fraction of the $143 million that remains to be cut. “Those who enjoy great privileges also have great responsibilities, and that means making great sacrifices for the common good when circumstances require...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Date of Looming Staff Layoffs To Be Determined | 6/3/2009 | See Source »

...because microbes do not need passports) and issues of energy and environment confront challenges that any great research university must address. The emergence of pandemics, the development of new drugs, vaccines, and devices for neglected diseases, the assurance of access to new discoveries in resource constrained areas, and the impact of these discoveries on diverse populations are centrally important to the world. Similarly, the development of newer, cleaner, cheaper forms of energy and energy storage, the global security issues related to energy, and the diverse problems posed by climate change are extremely significant concerns...

Author: By Steven E. Hyman | Title: Even in Challenging Times Harvard Must Move Ahead | 6/3/2009 | See Source »

...Over the course of last semester, the Houses have felt the impact of budget trimming in five main areas: the Senior Common Room, House libraries, shuttle services, hot breakfast, and House staff...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: House Life Faces Uncertainty | 6/3/2009 | See Source »

...partly by the environments in which the traits were learned and developed.A nice experiment recently demonstrated the interaction between nature and nurture. A group of employers were asked to hire workers who had been ranked by their looks. If the employers saw only the resumes, beauty had no impact on hiring. Surprisingly, however, when telephone interviews were included in the process, beautiful people did better even though unseen by the employers. A lifetime of social reinforcement based on their genetic looks may have encoded into their voice patterns a tone of confidence that could be projected over the phone. Nature...

Author: By Joseph S. Nye | Title: Nature and Nurture in Leadership | 6/3/2009 | See Source »

...firm by directing traders to increase or decrease the VaR, depending on the company’s appetite for risk.But VaR modeling does not describe events that occur the other 1 percent of the time. In the New York Times best-seller “The Black Swan: The Impact of the Highly Improbable,” Nassim N. Taleb, who has held positions at Columbia, Wharton, and NYU, argues that these events—which he dubs “black swans”—are the most important determinants of the course of history. Models that...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Post-Crisis Economics | 6/3/2009 | See Source »

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