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This year Harvard had a 6.9 percent acceptance rate. Book of Odds, a Web site which describes itself as “a reference on the odds of everyday life,” has converted that number into betting style odds...
...many of the schools in the Ivy League, the number of applications reached all-time highs this year—and the acceptance rates again reached all-time lows. Yale was the notable exception to this trend, with its admit rate stagnating...
...make inroads against climate change. The Social Cost of Carbon represents the estimate of damages from one more ton of CO2 added to the atmosphere. (One ton of CO2 is what the average family car emits every two-and-a-half months.) The SCC is important because a low number suggests minimal regulation is needed, whereas a high number urges more stringent action (such as efficiency requirements, carbon taxes or alternative energy incentives...
...idea is that if we have a number, we can compare the costs and benefits of efforts to reduce CO2 in the atmosphere," says Frank Ackerman, PhD, an economist specializing in climate change at the Stockholm Environment Institute's center at Tufts University. "If, say, we value CO2 damages at $20 a ton, then $15 per ton is considered an acceptable cost to ameliorate it. If the SCC is $2, spending $15 seems out of line." The other key statistical variable is the "discount rate," which establishes how to account for future costs and benefits in today's currency...
...macho one," he says. "But I wonder if we need a law on it. If we do this, we could make it a symbol and reinforce extremists on all sides. And in the middle of this economic crisis, where everyone is concerned about their job, this is not the number one problem...