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Harvard Business School professor and Nobel Laureate Robert C. Merton said that some risk is necessary to ensure that the University can make a large enough return on its investments to support its operating budget. He said that he had not previously heard Bacow’s comments but added that “the right strategy for the endowment of any institution cannot be found in the abstract...

Author: By Alex E. Traub, CONTRIBUTING WRITER | Title: Tufts President Calls For Less Risky Investments | 11/24/2009 | See Source »

...police and right-wing mobs, and in May 1992 he called democracy demonstrators who helped topple a military dictator "communists" and "rioters." Democracy activists branded him one of the country's political "devils." As Prime Minister he praised the military junta in Burma as "good Buddhists" and called Nobel Peace Prize winner Aung San Suu Kyi a "tool of the West...

Author: /time Magazine | Title: Former Thai PM Samak Dies at 74 | 11/24/2009 | See Source »

Garber co-wrote a letter to President Barack Obama about controlling cost in healthcare. The letter was signed by 20 economists, including two Nobel Laureates, Kenneth J. Arrow and Daniel L. McFadden. A third Nobel Laureate, William F. Sharpe, asked for his name to be added to the list of signers...

Author: By Christina C. Mcclintock, CONTRIBUTING WRITER | Title: HMS Dean Criticizes Health Care | 11/23/2009 | See Source »

...Makhmalbaf said even modest steps are important, such as publicly mentioning opposition victims like Neda Agha-Soltan, the student shot dead during the June uprising who became an opposition symbol. (Obama mentioned her death, but not by name, the day he won the Nobel Peace Prize.) Washington also needs to recognize and respond to opposition statements, like the apology from Iran's leading dissident cleric, Ayatullah Ali Montazeri, for the 1979 U.S. embassy takeover. Montazeri was once heir-apparent to the revolution's founder, Ayatullah Ruhollah Khomeini, and his gesture on the 30th anniversary of the seizure was a risky...

Author: /time Magazine | Title: Iran's Green Movement Reaches Out to U.S. | 11/23/2009 | See Source »

Still, fourth ain't half bad at all, especially out of an applicant pool of 4,800 and a group of ten editor-selected finalists, which included Nobel Prize-winning physicist Burton Richter, former assistant secretary of commerce Darryl Jackson, and Council on Foreign Relations expert Lydia Khalil...

Author: By Luis Urbina, CRIMSON STAFF WRITER | Title: America's Next Great Pundit? With Finals Coming Up, Maybe Not. | 11/22/2009 | See Source »

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