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...part, legendary British economist John Maynard Keynes, who drafted much of the plan, called it "the exact opposite of the gold standard," saying the negotiated monetary system would be whatever the controlling nations wished to make of it. Keynes had even gone so far as to propose a single, global currency that wouldn't be tied to either gold or politics. (He lost that argument...

Author: /time Magazine | Title: Bretton Woods System | 10/21/2008 | See Source »

...assurances that "at no time did I abuse my role as director-general." Lawyers for Nagy, a Hungarian economist who now works in London for the European Bank for Reconstruction and Development, say she left the IMF of her own will and received standard compensation under a cost-cutting plan that eliminated 380 positions via voluntary departures. Caught red-handed after Nagy's husband discovered e-mail sent last January during the monthlong affair, Strauss-Kahn owned up to the tryst, stressing that his transgressions ended there. On Monday, Strauss-Kahn issued an apology to Nagy, the IMF staff...

Author: /time Magazine | Title: Sex and the Financial Crisis: The Scandal at the IMF | 10/21/2008 | See Source »

...best to approach the problem. William C. Clark, co-director of the Sustainabilty Science Program at the Harvard Kennedy School, pushed the belief that individual collective action is a critical component of the solution. Clark, who also chaired the task force that drafted Harvard’s emissions reduction plan, explained that up to 10 percent of the total emissions reductions needed to lower atmospheric carbon to a safe level can come from cutting emissions in personal residences. “The problem is connecting [individual] behaviors to the implications of this problem [of climate change] that they all admit...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Experts Debate Sustainability | 10/21/2008 | See Source »

...while both Harvard officials and the owners of Charlesview say they are pleased with the deal, the community protests are back. The soon-to-be neighbors of the relocated buildings have expressed strong concerns about the design of the new complex, saying that the plan will lead to too much density and could segregate residents based on income...

Author: By Nan Ni, CRIMSON STAFF WRITER | Title: Harvard Profs Weigh in on Charlesview Design | 10/21/2008 | See Source »

...Crimson contacted five urban planning experts at the Harvard’s Graduate School of Design for an independent assessment of the Charlesview plan, which was drafted by Community Builders Inc., a non-profit urban housing developer...

Author: By Nan Ni, CRIMSON STAFF WRITER | Title: Harvard Profs Weigh in on Charlesview Design | 10/21/2008 | See Source »

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