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...models - are so steeped in the particulars that they don't always see the forest for the trees. They get the math, but they don't pay attention to systemic issues within the broader economy; it's a by-product of degree programs that encourage students to take a narrow focus too early on in their studies. "In medicine you become a doctor first, and then you become a specialist," Morici says. "In finance, you just become a specialist...

Author: /time Magazine | Title: Will Business Schools Learn from Wall Street's Crisis? | 9/21/2008 | See Source »

Opening its football season nearly three weeks after most schools, it was clear from the get-go that Harvard was still working off the rust. On a night filled with blunder after blunder, the Crimson was lucky to pull out the narrow victory. “We were very fortunate,” Harvard coach Tim Murphy said. “Obviously, we made too many mistakes against a good team, and the saving grace was that we had great character and found a way to win.” The Crimson fell behind late in the first frame...

Author: By Madeleine I. Shapiro, CRIMSON STAFF WRITER | Title: NOTEBOOK: Crimson Brushes Off the Dust | 9/21/2008 | See Source »

...some days you hear “Watch, bag?” enough times that if just one person mixed it up—“Bag, watch?”—you’d follow them into any questionable alleyway, up any set of narrow stairs, and into any dank, faux-Louis-Vuitton-filled room. But on most days, you don’t need to be reminded of the overwhelming pirated-goods market in Shanghai; you need to be convinced that anything here is real.The first week you spend in this former marshland, which...

Author: By Andrew F. Nunnelly, CRIMSON STAFF WRITER | Title: A Shanghai-tened Reality | 9/19/2008 | See Source »

Israeli Foreign Minister Tzipi Livni won a narrow victory on Sept. 17 to become leader of the ruling Kadima Party, the first step in her bid to become the next Prime Minister...

Author: /time Magazine | Title: Livni Wins Party Vote to Succeed Olmert in Israel | 9/18/2008 | See Source »

...years in the early '80s. She left the service to became a real estate lawyer before dipping into politics in 1999. Following her election to the Knesset, she became a protege of Ariel Sharon, and gained a reputation for being modest and humorless - but always on the straight and narrow. She's often referred to as "Israel's Mrs. Clean...

Author: /time Magazine | Title: Tzipi Livni | 9/17/2008 | See Source »

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