Word: percent
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...example, though blacks are 13 percent of the national population, they are less than one percent of Montana’s population. They can move there if they wish. But “to ‘level the playing field,’ should we bus blacks into the state?” asked Walter Williams, a professor of economics at George Mason University. “I damn sure don’t want to go to Montana...
...Culture also may be more important than class. In her essay, Yeskel warns, “Economic class is much less fluid than most people think.” She notes, “The richest one percent of the population now have more wealth than the bottom 90 percent.” But she assumes that people stay in these statistical groupings for life. In fact, individuals move. A study by the University of Michigan found that only five percent of families in the bottom quintile in 1975 were still there...
...hand, there is the upper class. There is no comfort that money cannot buy, including security. Chauffeured cars and security guards keep these select few at ease in all situations. At the other end of the social spectrum are those who live on the increasingly perilous streets. Approximately 24 percent of Pakistan’s population lives under the poverty line, scrounging for basic necessities in the shadow of the elite...
...funds, which are traded like stocks and track major indices such as the Nasdaq and the S&P 500. HMC is responsible for overseeing Harvard’s endowment, which was valued at nearly $37 billion before the market crash last fall. University officials have planned for a 30 percent drop in the endowment’s value for the year ending June 30. Definitive endowment returns for that period are expected to be released in the next few weeks. In the three months leading to June 30, the University increased its holdings in the iShares MSCI Emerging Markets Index...
...American coal-fired power plants produce 130 million tons of fly ash every year. Industry reuses some of it for asphalt, cement, and brick manufacture, but 57 percent of fly ash is disposed of in hundreds of landfills across the country. Astonishingly, the Environmental Protection Agency does not regulate fly ash, which contains arsenic, lead, mercury, and uranium, as a hazardous material. It recommends that coal plants store fly ash in insulation-lined landfills to prevent leakage but has no mandate to actually enforce this suggestion...