Word: institutee
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The impending inauguration of President-Elect Obama provides an opportunity to consider the future of his new administration as well as reflect upon the record of the outgoing administration. I submit that future generations of Americans will appreciate the accomplishments President George W. Bush achieved in the face of the...
As the effects of the nation’s financial crisis hit Harvard’s schools and divisions, it has prompted a retrenchment by the two schools whose budgets are most dependent on revenues from the endowment. The Radcliffe Institute of Advanced Study and the Harvard Divinity School recently...
But without enough compelling programming, those 50 million households won't keep watching. Baseball's daily rhythms do give the MLB Network an inherent advantage over other single-sport channels. During the season, every team plays almost every night, so fantasy players, stat geeks and casual fans will have a...
Shoring Up Institutions Asia's propensity for voting in a big man (or woman) has stifled the growth of independent institutions that should check the power of elected leaders. Often, the media is muzzled, if not silenced outright. In 2007, at least 17 journalists were killed in Asia for doing...
Kinsley's latest missive in TIME falls prey to one of the oldest traps in economics - Frédéric Bastiat's broken-window fallacy. Just as a broken window creates work for the glazier at the expense of the window owner, money that Kinsley hopes to inject into...