Word: macros
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These two notions of Harvard parallel the political divide that defines the debate over the nation's most bitterly contested social issues. Liberals tend to be structuralists, arguing, for instance, that welfare is needed because macro-economic forces create little demand for low-skilled workers. Conservatives, by contrast, are usually individualists, arguing, for instance, that the responsibility for paying for the poor falls not on the state, but on the poor themselves, who are responsible for finding their own job in a free market system...
...There are some things going on in information technology right now that really challenge the problem as it orginally has been posed," said Professor of Business Administration Macro Iansiti, who is working to develop the program...
...Although components of dozens of smaller computers comprise this networking array, those in the know consider the monster an independent entity. Each individual element contributes to the system's working on a macro scale. The result: a quietly whirring marvel that routes every Harvard student onto the Internet and allows them access to e-mail...
...believe rates will keep falling. I'd like to be in a position to refinance again next year without losing any closing costs. The macro bet is to get a one-year, adjustable-rate mortgage. But ARM rates aren't low enough, and I'm opposed to making a macro bet with my home. I could, gulp, be wrong about rates. If I'm right, though, the smart loan is one without closing costs. The time to buy down your rate by paying points and fees is when market rates are poised to trend up, and that...
...Ouimet, Sarnoff and a growing number of professionals who are retiring in their 40s and 50s to embark on second careers, a whole new life is just beginning. Their motivations are as individual as the people involved, but from a macro-economic point of view, they represent the baby-booming future. As the giant demographic bulge of the boomers moves deeper into middle age, many of them are severing connections with the institutions where they have worked for decades and are striking out afresh, while they are still hale enough to do something rigorous and challenging with the rest...