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Most studies of economic inequality look at modern, developed societies, but this research attempts to get at underlying mechanisms by comparing different sorts of less developed ones. Examples span four continents and six centuries and pull from the work of more than two dozen social scientists. Wealth is measured in a variety of ways, from housing quality to hunting returns to social connections provided by in-laws. (See how Americans are spending...

Author: /time Magazine | Title: Information Economy May Shrink the Rich-Poor Gap | 10/29/2009 | See Source »

...says Economics professor Stephen A. Marglin ’59, there is another option: Social Analysis 72, an introductory look at the subject that dares to question what has become a religion for some. It’s a course that opposes the political bent of noted Ec 10 leader and former advisor to George W. Bush N. Gregory Mankiw. It’s a course with its own dissident history that, Marglin says, is as relevant as ever given the current economic climate. To some, it toes a Marxist line. But for Marglin and his followers it?...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: A Tale of Two Ec Classes | 10/29/2009 | See Source »

...percent in the past year, and the billions of dollars lost in the credit crunch demands attention. Yet The Boston Globe and others who call for a fundamental change in Harvard’s investment philosophy as a result are themselves off the mark. Insisting upon conservative money management looks good now, but the benefit of hindsight will always change the evaluation of an investment. Smart management demands flexibility—this does not preclude conservative investment, but the willingness to take risks is a critical characteristic of successful money management. Such risk can, of course, generate significant return...

Author: By The Crimson Staff | Title: No Return on Investment | 10/29/2009 | See Source »

kjpalladino Princeton cannot play football. They make Harvard look like true div I. But all the players are smaller than...

Author: By STEPHANIE R. MCCARTNEY, CONTRIBUTING WRITER | Title: Tweeting Back @ Harvard | 10/29/2009 | See Source »

...this age of economic unrest, we’re all trying to save a buck here and there. Unfortunately, Cambridge can get pretty expensive. But if you know where to look, you can find a few great discounts for Harvard students that will keep your wallet happy. FM scoured the Square for deals that will keep your savings from crashing like Harvard’s endowment...

Author: By Jyotika Banga, CONTRIBUTING WRITER | Title: Sweet Deals in the Square | 10/29/2009 | See Source »

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