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...alumni as two-fold—Harvard must not only “adjust to a changed financial context” but also take advantage of the crisis to sort through University priorities going forward. “We must be in charge of change instead of being the object of change,” Faust says.But the changes the University has implemented thus far—including salary freezes, construction slowdown, and reduced faculty searches—have been incremental and measured in scope, and though Faust has yet to flesh out major structural changes, donors approve...
...despite the kidding here, the best and the brightest,” Lauer said, adding that the class had much of their lives before them. “You are also the object of my enormous jealousy...
Noah's condition persists, an immovable psychic object. As a family, we lived in the present, from crisis to crisis; my parents always mustering the energy for a response. My father is in his 80s now, my mother in her late 70s. They will go on as long as they can. Then I will try to step...
...flip side of the coin from the act of evaluation, however, is the act of creation. Producing things of value is just as important as evaluating things that already exist. How do you make something that you think has value? How do you give an object worth, meaning, significance? Some people learn to create monetary value (of varying degrees of reality or imaginariness—like all those recent graduates blowing hot air into the ballooning moneybags of Wall Street in the earlier part of this decade), others create social value with nonprofit work, others create artistic value through films...
...global credit crisis have turned some bottom lines red, while major new projects have been shelved due to lack of financing and an uncertain business outlook. The latest hard-luck story: MGM Mirage. This week, the Las Vegas-based company disclosed that New Jersey gaming industry regulators object to its Macau joint venture partner, raising the possibility that MGM Mirage could pull out of the market. (Watch a video about Macau's gambling boom...