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...used to have,” Harding says. “It was a kick in the ass; I couldn’t be precious about writing.” Over the next three years he would juggle his careers as educator and father, while completing his first major published work...
...applications for credit cards at the Harvard union have not increased, the amount drawn from each card has risen, said Foley. In addition, Harvard students may be succumbing to the same temptations as other undergraduates across the nation. “There’s about 4 or 5 major credit card lenders, and some of them have preyed on students,” Foley said. He said that direct marketing to college-age students has resulted in the increased credit card usage and debt recently. Nonetheless, Foley warned that the disadvantages of excessive credit card debt do not outweigh...
...scores on international tests, the U.S. ranks 25th; in reading, 15th. As Obama said in his speech to Congress a few weeks ago, "This is a prescription for economic decline, because we know the countries that outteach us today will outcompete us tomorrow." We can already see the signs. Major drug companies such as Merck and Eli Lilly used to outsource much of their manufacturing to India and China; now they also outsource much of their research and engineering...
...national power grid anywhere in the world has been brought down by a cyberattack. And it's worth keeping in mind that most countries have much fewer defenses from cyberattacks than the U.S. "It's virtually impossible to bring down the entire North American grid," says Major General (Rtd) Dale Meyerrose, a cybersecurity expert who recently retired as chief information officer for the Director of National Intelligence. The electricity-distribution system is highly decentralized, and there's no central control system; at worst, cyberattackers may be able to damage sections of the grid...
...every power outage comes with a cost, not least to the economy. Mansoor would not discuss how long it would take to recover from a cyberattack - there are too many variables involved - but said the longest delays in restoring power are typically caused not by technological glitches but by major acts of God, like hurricanes and earthquakes that destroy physical infrastructure. (Read a TIME blog on China and hacking...