Word: mellone
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Dates: during 2000-2009
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...Chairman Ben Bernanke, who presides over an immeasurably more potent Federal Reserve system than existed in 1929) has acted with vigor to bring the full powers of the Federal Government to bear in the current crisis. In dramatic contrast, when Herbert Hoover asked his Secretary of the Treasury, Andrew Mellon, for advice on how to cope with the financial implosion of 1929, Mellon replied, "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system." Echoes of that old-time sentiment can still be heard today, but they are mere vestiges...
With OCW gaining so much popularity, other schools have followed suit. In the fall of 2007, Yale made course materials for seven popular courses available online and will add nearly 30 more within the next three years. Carnegie Mellon has launched its Open Learning...
...popular computer-science professor at Carnegie Mellon University, he delivered his "Last Lecture" on Sept. 18, 2007. It became an Internet sensation, with a global audience charmed by his easy manner and insight, in awe of his complete lack of self-pity. It was as though he already knew more than he should, had dipped a ways into eternity and brought back some pieces for the rest of us to use in whatever ways and for whatever time we can. The end of the lecture, it turned out, was just the beginning...
...diagnosed in August 2006, doctors said he had maybe a few months. He went through an aggressive course of treatment, surgery, chemotherapy; but a year later the disease had spread to his liver and spleen, and he was told it was terminal. A popular computer-science professor at Carnegie Mellon University, he delivered his "Last Lecture" on September 18, 2007. It was a university tradition for popular professors to think hard about what mattered most to them and distill their ideas as though they had only one message left to give to the generation that followed. Randy Pausch...
...unclear whether hands-free laws alone will make the roads safer. Numerous studies have concluded that any type of cell phone use - hands-free or not - can distract a driver enough to increase the likelihood of an accident. According to research conducted by Carnegie Mellon University neuroscientist Marcel Just, simply listening intently to a cell phone conversation is enough to impair driving. And a 2004 study from the National Highway Traffic Safety Administration found that drivers using hand-free cell phones had to redial calls 40% of the time, compared with 18% for drivers using handheld sets, suggesting that hands...