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...that prices are still falling, although at a somewhat lower rate. There is also some sign of pick-up in pending-home sales. But to me the dominant fact is that prices are still falling. We've never seen a real estate market turn on a dime. For the longer horizon, though, it's possible that we are picking up. The other thing that is striking is that home prices have come down a lot, so they're no longer very overpriced...

Author: /time Magazine | Title: Yale's Robert Shiller on the Outlook for Home Prices | 5/6/2009 | See Source »

...houses are no longer overpriced, but prices are still falling, does that mean we're overshooting...

Author: /time Magazine | Title: Yale's Robert Shiller on the Outlook for Home Prices | 5/6/2009 | See Source »

...citalopram, an SSRI marketed in North America as Celexa. Not surprisingly, those who met standard inclusion criteria for a clinical trial had significantly better outcomes on the drug. In the efficacy group, 52% responded to Celexa vs. 40% of the nonefficacy group. Patients in the latter group also took longer to respond and had to be readmitted to psychiatric settings more often. "Thus," the authors conclude, "current efficacy trials suggest a more optimistic outcome than is likely in practice, and the duration of adequate treatment suggested by data from efficacy trials may be too short...

Author: /time Magazine | Title: Why Antidepressants Don't Live Up to the Hype | 5/6/2009 | See Source »

...Laying off Harvard’s workers is unjust because they should not have to bear the heaviest burden of a crisis that they did not create. Layoffs devastate people’s lives and families, contributing to the economic crisis because people without jobs can no longer afford to pay for basic needs. The onus that we face is finding a way to make these unjust cuts unnecessary ones by seeking out other means of meeting Harvard’s new budgetary demands...

Author: By Megan A. Shutzer | Title: Waffles and Workers | 5/5/2009 | See Source »

...Students must also make sacrifices. Perhaps every House does not need a $500 grant from the College Events Board for a Yardfest pregame. While it would be disappointing if the Office of Residential Life no longer funded decorations for House Committee events, it would be more devastating to see clerical workers lose their jobs. These trade-offs abound at an institution like Harvard. Luckily, we can still have fun without spending upwards of $10,000 on a House formal...

Author: By Megan A. Shutzer | Title: Waffles and Workers | 5/5/2009 | See Source »

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