Word: musts
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...Faculty must apply our resources, both financial capital and human capital, to the pursuit of our core mission first and foremost,” Smith wrote in a letter to the Faculty in February...
...economy stands on the cusp of a recovery, the University must decide how it will situate itself in a changed financial landscape, one much different from the boom years of the early 2000s...
This year’s graduating class looks at a different prospect. The illusion of a peaceful post-Cold War world has been shattered. While Iraq is perhaps headed to a relatively stable and democratic future, we currently must continue to shoulder the majority of the burden of the conflict in Afghanistan as NATO’s contribution dwindles. Radical Islamist terrorism has cost thousands of American lives and is gestating in ungoverned territories in South Asia, Yemen, Somalia, and North Africa. A bellicose Iran is approaching the nuclear threshold. Pirates range across the Indian Ocean. Across our own southern...
International relations: Global security can no longer be preserved through focus on nation-states alone. The spectrum of transnational threats, from terrorists to international drug cartels, must be an additional subject of national-security focus. The traditional tools of war fighting and statecraft must be blended with the skills of development, policing, cultural studies, and institution building...
...decision-making. We have felt the consequences of bankers leveraging other people’s money on speculative bets or politicians dispensing favors using debt that will be saddled on the next generation. The new architecture of business and political economy will have to assure that those who gamble must bear their own losses, and that public spending does not distribute benefits today while postponing burdens until the next generation...