Word: masses
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Dates: during 2000-2009
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There's a Stephen Sondheim lyric that says it all: "Art isn't easy." Last week Brandeis University in Waltham, Mass., stunned both the academic and art worlds when it announced that it would shut down its Rose Art Museum and sell the collection. The reason was an institutional budget crisis - not at the museum, which is largely self-sufficient, but at the university. Since June, Brandeis has seen its endowment fall from $712 million to $530 million. Over the next six years it projects a budget shortfall totaling $79 million. And the collapse of Bernard Madoff's alleged Ponzi...
...better than the horse, just as the personal computer was a vast improvement over the typewriter. The change didn't happen overnight; it took time for both the auto and the PC to be easy enough to use and cheap enough to buy before they were adopted by the mass market. E?readers must exponentially improve on the experience of reading on paper. (See the 50 best inventions...
...friend's house in Cambridge, Mass. Everyone kept saying, "He's winning, he's winning," but I wouldn't let myself celebrate until Wolf Blitzer said he was President. Then I cheered, and we all cried and drank about another gallon of champagne...
Have you learned anything new while exploring your ancestry? Jackie Lantry REHOBOTH, MASS...
...Washington Savings Are Up, Unfortunately With no end in sight to job layoffs and the real estate meltdown, Americans have become more careful with their money, spending less and saving more. While good for individuals, such mass saving is disastrous for the economy--less shopping means fewer retail jobs; less home-buying means fewer construction jobs. According to the Commerce Department, the personal savings rate in 2008 was nearly three times as high...