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...This makes little sense. Since the credit first passed last year, the logic of our financial rescue has evolved. The panic phase - the time when so many felt government had to act boldly and at any cost - has passed. Slowly, the free market is easing back in. Consider the federal guarantee on money-market mutual funds, which was slapped together a year ago to prevent a run on a key part of our financial system. That backstop expired on Sept. 18. It wasn't renewed. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

...answers” concerning several major issues related to House renovation, a Graduate School of Design class is providing its own vision for Harvard’s future Houses—and often with an avant-garde twist. The College is currently in the design phase of its large-scale House renewal project—the most extensive renovation of the College’s nine river and three Quad Houses, which will total an estimated $1 billion. A second-year GSD course entitled “The Core Studio” provides masters of architecture students with an academic...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERS | Title: Course Looks at House Renewal | 9/24/2009 | See Source »

...scientific name is the Holocene Age, but climatologists like to call our current climatic phase the Long Summer. The history of Earth's climate has rarely been smooth. From the moment life began on the planet billions of years ago, the climate has swung drastically and often abruptly from one state to another - from tropical swamp to frozen ice age. Over the past 10,000 years, however, the climate has remained remarkably stable by historical standards: not too warm and not too cold, or Goldilocks weather. That stability has allowed Homo sapiens, numbering perhaps just a few million...

Author: /time Magazine | Title: How Much Human Activity Can Earth Handle? | 9/23/2009 | See Source »

...scandal forced the soft-drink giants to defend their products and outline social and environmental initiatives, like conserving water resources. Certainly, PepsiCo CEO Indra Nooyi, a native Indian, was not about to be pushed around by an NGO with an agenda. "If they came out of the tainted phase fast, it was because they were able to demonstrate a certain amount of sincerity and transparency," says Santosh Desai, CEO of New Delhi--based marketing consultants Future Brands. "Sales were affected in the short term, [but] they did a good job of reassuring consumers." Atul Singh, CEO of Coke India since...

Author: /time Magazine | Title: Coke's Recession Boomlet | 9/21/2009 | See Source »

Jaeger said he expects the internal conversations to form the basis of “more urgent and formal” talks between union leaders and management toward the end of the calendar year, which will phase into substantive negotiations by February...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Harvard, Union To Discuss Contract | 9/21/2009 | See Source »

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