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...education spurs growth. "You have the high-tech, frontier innovation, and you have the adaptation and improvement of technology that happen day to day in firms." Economists call that everyday improvement total factor productivity. It is the x factor that allows an economy to operate more efficiently, producing greater output with the same people and resources...
Following a season high 17 goal effort last week, the Harvard women’s water polo team nearly matched that output en route to a 16-4 triumph over Connecticut College (1-6) last night in New London, Conn. Utilizing a smothering press, the Crimson contained the Camel offense by never letting it get down the pool. Rather, the Harvard defense forced multiple Connecticut turnovers and then converted them into easy scores. After one quarter the Crimson had built up a 4-1 lead. The second quarter was even more impressive as Harvard went...
...Award, given to the most-improved player on the team. He shared the award with sophomore Andrew Pusar. Unger will look to lead where senior Jim Goffredo left off. Goffredo, who led the team in scoring last season, will leave a hole in the Crimson’s offensive output, which Unger will look...
...Earth is choking on greenhouse gases, it's not hard to see why. Global carbon dioxide output last year approached a staggering 32 billion tons, with about 25% of that coming from the U.S. Turning off the carbon spigot is the first step, and many of the solutions are familiar: windmills, solar panels, nuclear plants. All three technologies are part of the energy mix, although each has its issues, including noise from windmills and radioactive waste from nukes...
This kind of environmental posing--greenwashing is the term of art--will not be a viable business strategy in a world transformed by climate change. The smart money is betting on the need for real innovation--clean technology that lowers costs or improves output. Venture capital is increasingly flowing to green start-ups: $474 million in the first three quarters of 2006 in Silicon Valley alone. That's sparking the interest of everyday investors, who see green technology as--dare they wish it?--the next Internet. Says Ray Lane, a partner at the KPCB venture-capital firm: "If you consider...