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According to sources cited in yesterday’s report in the Journal, officials at Harvard grew concerned over real estate and private equity holdings that are difficult to sell and require future cash commitments—the types of holdings that make the University more vulnerable to economic downturns...
...best, one would assume that, similar to the advanced standing option at some colleges, high schoolers would have to decide fairly early whether they will opt for an abridged secondary education. The prospect of a 14 or 15-year-old, with the counsel of his or her parents, making such long term plans so soon out of middle school is troublesome and calls into question the rationale behind the program. A student unacquainted with the academic challenges and social dynamics of high school—and even more uncertain of what the future holds—cannot be depended upon...
...don’t expect this to be that controversial of an issue,” Hysen said. “I think it’s nice to have to make sure our financial practices are sound...
Breaking the Circle In recent years, Republicans have played this style of politics better than Democrats. Winning elections by making government look foolish is a more natural strategy for the antigovernment party. But there's no guarantee Democrats won't one day try something similar. Were a Republican President and Congress to make a genuine effort to rein in entitlement spending, Democrats might act in much the same way McConnell and company are acting now. At its core, vicious-circle politics isn't an assault on liberal solutions to hard problems; it's an assault on any solutions to hard...
...substantive) incarnation of CNN's Crossfire or William F. Buckley's Firing Line. There's no guarantee that the conversation would be edifying, of course. But it would be a useful antidote to the current cable and blog ghettos, where you can go years without hearing the other side make its case. The recent televised meeting between Obama and the House Republican leadership was a reminder that honest but civil debate can show people that their side isn't infallible and that not everyone on the other side is evil and foolish. (See who's who in Barack Obama...