Word: medium
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...involved in plays. “Me and Bruce [Springsteen] in the shop, that’s the last four years in a nutshell,” Clark says. Beyond the rewards of hours spent listening to The Boss, technical theater has offered Clark a fulfilling creative medium. Clark became the HRDC tech liaison—a member of the HRDC board that oversees all technical aspects of productions and ensures the safety of all involved—his sophomore year, when the former tech liaison dropped out. He continued as tech liaison through his junior year. Clark?...
...Cardinals, Kantrovitz had forged a relationship with Harvard statistics professor Carl Morris, a former chair of his department who—among his various achievements—has conducted several groundbreaking studies involving the statistical analysis of baseball. To Kantrovitz, studying with Morris at Harvard was the perfect medium through which to take his career to the next level.“He emailed me several years ago,” Morris says. “I’ve done this kind of sports work my whole life but I’ve kind of kept it under wraps...
...sector that is suffering the most is manufacturing, which is dominated by private companies. In 2008 an estimated 300,000 small and medium-sized firms collapsed; from January to March this year, exports fell by 19.7%, putting more pressure on the survivors. "The crisis hits China's private sector really hard because China's private sector accounts for a larger share of China's manufactured exports," says Yasheng Huang, an MIT professor who wrote about the rising power of SOEs in his 2008 book [Capitalism with Chinese Characteristics]. "So essentially you have a private sector whose main source of customers...
...time when credit in China is rapidly expanding -loans in the first quarter totaled $670 billion, almost equaling total lending for all of 2008- the risk of bad loans is increasing. With small and medium-sized private firms collapsing with disturbing frequency, SOEs offer Chinese banks a margin of safety: an implicit guarantee that the government will ultimately make good on their loans. This is making it harder for China's banks to adopt modern risk-management practices and diversify their traditional customer base, which is largely SOEs. "It's difficult to go on a massive spending binge...
...projects that Harvard is currently considering cutting or delaying–like housing renovations and Allston development–will have tangible detrimental effects on the quality of the education it provides. No matter how we spin it, slower Allston construction means less science research in the medium term. It also means fewer students enrolled and less academic expansion into other fields. Tweaked House renovation plans mean slow progress in improving undergraduate education, no expansion of social spaces, and less overall satisfaction. Perhaps most importantly, department cuts not only affect the quality of the catering at faculty meetings but also...