Word: institutionalizing
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Shallow corporatist principles—devoid of any purpose except accumulation at all costs—have guided Harvard’s investments and continue to direct its handling of the endowment meltdown. Critical economic decisions are made under a shroud of secrecy; high administrators give vague answers to urgent...
The al-Qaeda Connection Other key Taliban demands will be less easy to meet. In any negotiations, for example, the Taliban would want to see a timeline for the withdrawal of international forces. The problem there, Hekmat Karzai says, is that "Afghans know that if the international soldiers leave we...
“There was a lot of talk about education, public health—things that Harvard as an educational institution would be uniquely capable of providing,” Mattison said. “There was never discussion of free trash cans.”
Harvard Business School professor and Nobel Laureate Robert C. Merton said that some risk is necessary to ensure that the University can make a large enough return on its investments to support its operating budget. He said that he had not previously heard Bacow’s comments but added...
How do we fix Wall Street? By facing the music now. Toughen up borrowing requirements by banks. Increase oversight, especially when it comes to regulating derivatives. Perhaps enact a 21st century version of Glass-Steagall. And don't allow any institution to become too big to fail. Does that mean...