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...industrial, financial, and retail jobs destroyed over the last three quarters cannot be recouped in the dozen quarters that lie immediately ahead, if Phelps view, which is a remarkably dark vision of America's future, is right. This desperate image of the national economic life assumes that the innovative power of American business cannot build another huge sector the way that it did in the 1970s with the rise of the great technology companies like Microsoft (MSFT), Intel (INTC), and Cisco (CSCO), and twenty years later Google (GOOG) and the second reincarnation of Apple (AAPL), which was built on nothing...

Author: /time Magazine | Title: Despair and the Vision of the New Economy | 5/5/2009 | See Source »

...Adam G. Beaver, who is also the department’s assistant director of undergraduate studies, said the FAS administration took a “very drastic measure early” by freezing most of its running faculty searches.“The long-term health of the University lies with the long-term strength of its faculty,” said Economics Department Chair James H. Stock. “That requires ongoing hiring and recruiting.”Some professors expressed anxiety that the administration may seek to eliminate faculty positions if the Faculty does not shrink enough...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Faculty Unsure of ‘Reshaping’ | 5/1/2009 | See Source »

...Nefelejcs Utca (Forget Me Not Street) on the edge of Tiszalök's Roma quarter bolsters Bencze's contention that the killer or killers plan their attacks and escapes carefully. By positioning themselves on the outskirts of the community, Koka's killers were able to lie in wait unobserved, and slip away without witnesses seeing their vehicle. According to a source in the Roma National Council, Koka's killers were careful not to leave a shell casing behind as evidence...

Author: /time Magazine | Title: Murder Mystery: Who's Killing Hungary's Gypsies? | 5/1/2009 | See Source »

...Division I school like Harvard—and particularly in this community, which prides itself on fostering a wide array of talents—eliminating a sport of any size is a travesty.We can fully acknowledge the difficult decisions that lie ahead, not just for Harvard’s athletic department but also for this entire institution. But for the Crimson, cutting nationally-ranked teams or those still finding their footing does a disservice to the mission of DHA. As we await the announcement of the 2009-10 budget, let’s hope that such drastic measures...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: ANGELS IN THE BRONDFIELD: Crimson Should Not Cut Sports | 4/30/2009 | See Source »

...room contains 255 filing drawers, and the walls are completely hidden by the files, except for a small counter—which had to be cut in half last year to make room for still more files—used for alphabetizing and organizing. On top of the cabinets lie more boxes filled with overflow applications.The sheer number of applications processed by the office cannot be fully understood until one is in the file room, according to Anderson. “Every drawer gets so full that you can’t put anything...

Author: By Huma N. Shah, CONTRIBUTING WRITER | Title: Don't Touch That File | 4/30/2009 | See Source »

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