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...better at solving problems. Our society failed spectacularly this decade at solving the problem of how to price houses and mortgage bonds. It would have done better if people had paid more attention to skeptical voices like Schiff's. "The fact that he was right this time doesn't mean he's going to be right the next time, but somebody will be," says University of Michigan social scientist Scott Page. "All models are wrong, and that's why you want a diversity of models." Seconds Schiff: "You're never going to get these correct calls coming from the mainstream...

Author: /time Magazine | Title: Why We Should Listen to Peter Schiff's Bad News | 6/1/2009 | See Source »

...would it have shocked an actual Victorian). But Flanagan makes the matter more interesting by posing it in the form of an insoluble dilemma: Which is worse, giving in to desire or keeping it locked up inside? "If you turn away from love," Franklin's widow asks, "did it mean you no longer existed?" Each one can lead to its own kind of disaster...

Author: /time Magazine | Title: A New Novel Explores Dickens' Messy Life | 6/1/2009 | See Source »

...developing countries like India. And from Alaska to Japan, there are plenty of examples around the world of infrastructure projects that owed more to local politicking than to real economic need. Most of China's stimulus spending, critics note, will be supervised by local governments. This will undoubtedly mean that some money will end up lining the pockets of corrupt bureaucrats...

Author: /time Magazine | Title: China's New Deal: Modernizing the Middle Kingdom | 6/1/2009 | See Source »

...PARALLEL PATHS, DIVERGENT MISSIONSDespite their similarities, these parallel programs emerged from very different moments in history. The Core, spearheaded by then-Dean of the Faculty Henry Rosovsky, grew out conflicting desires. The Faculty tried simultaneously to reclaim the university’s authority over what a college education should mean after the permissive 1960s, and to avoid an entirely regressive return to the “Great Books” curriculum of the early twentieth century. The curricular review sparked ferocious debate at the time. “The number of faculty members in the room for the final vote...

Author: By Juliet S. Samuel, CRIMSON STAFF WRITER | Title: All At Sea | 6/1/2009 | See Source »

...included streaking Harvard Yard, visiting Harpoon Brewery, and jumping off Weeks Footbridge. Done, done, and done, twice, then I did it another seven times just because. If you doubt me, I will fly away on my majestic steed. So, respect ya’ deck, if you know what I mean. Nonetheless, Eli got me thinking of some more ideas for things that every Harvard senior needs to do. Some of these, I have done. Others, I hope one day, or in the next day or two, to do, and do it hard. 1. Build a sled and slide down Widener...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Before He Kicks The Bucket | 6/1/2009 | See Source »

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