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...influences, successes, and failures of markets nor does it help students understand how they operate. Furthermore, most high schools do not offer courses that force students to face economic questions; so if students do not take such a course at Harvard, they can easily graduate ignorant about a central pillar of modern life...

Author: By The Crimson Staff | Title: The Economic Imperative | 10/20/2006 | See Source »

...sustain solid growth, the sources of demand need to be rebalanced. The current recovery has been fueled by business investment more than any recovery since the 1950s. But investment cannot grow faster than GDP indefinitely. The second pillar of the recovery has been a rising trade surplus, fueled by strong growth in the U.S. and China and the lowest price-adjusted value of the yen since 1986. That, too, has limits...

Author: /time Magazine | Title: Abe's Economic Challenge | 9/25/2006 | See Source »

...loan officer. “Three-quarters of our people live below the poverty line­—a dollar a day—and half of those live in abject poverty, with less than 50 cents per day,” Sirleaf said. She outlined a four-pillar program for Liberia: national security, effective governance, economic revitalization, and infrastructure construction. She cited corruption, violence, and the marginalization of ethnic and social groups within Liberia as the major factors behind the country’s decline but offered an optimistic view of the future. “Africa?...

Author: By Ariadne C. Medler, CRIMSON STAFF WRITER | Title: Unscathed, Liberian President Returns | 9/19/2006 | See Source »

...second, larger trial—whose results are yet to be analyzed—while American researchers embarked on similar experiments of their own. Though the voices of outrage were unrelenting, McGorry had a powerful professional ally in friend Thomas McGlashan, director of Yale University's Psychiatric Institute. But that pillar of support has now gone. Discouraged by the results of his own trial, which failed to show that preemptive drug treatment offered a substantial, measurable benefit, McGlashan told the New York Times recently that he doubts prevention of schizophrenia is possible. "I'm more pessimistic about all this now," he said. "I think...

Author: /time Magazine | Title: Drugs Before Diagnosis? | 6/18/2006 | See Source »

...explosion broke the stillness of a mid-Pacific morning on Nov. 1, 1952; at 7:15 a.m., observers on ships and planes 50 miles away watched an enormous deep-orange fireball blaze up in the distance. Then it rose to the stratosphere, trailed by a churning grey-brown pillar of water and the pulverized remains of the little sandspit of Elugelab...Its colors lost their infernal intensity, paled to harmless-looking but deadly pastels. April...

Author: /time Magazine | Title: Great Moments in TIME: 1946-1956 | 5/29/2006 | See Source »

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