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Dates: during 2000-2009
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...Bochum could be the worst hit, with 1800 jobs under threat. "There'll be restructuring and that's inevitable because we have overcapacity in Europe," Jörg Schrott, the spokesman for Opel and GM Europe tells TIME. "The overcapacity must be adjusted, but restructuring doesn't automatically mean job losses." (See pictures of Detroit's decline...
...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...
...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...
...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...
...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...