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...effect into analysis. This is best illustrated through self-fulfilling prophecies; think about a bank run à la Northern Rock: If rumors abound about a bank being illiquid, depositors will self-fulfill the prophecy by queuing to clear their accounts. There is a ‘tipping point?? for bubbles or bursts alike, which explains where market performance is anything but normally distributed. As Nassim Taleb made a career out of showing, we end up having “once in a century” events far more often than that. What economists call...

Author: By Pierpaolo Barbieri | Title: Volcanic Ash Allowing | 4/23/2010 | See Source »

...really like him, I think he has an opportunity, but we also had a lot of strong point guards in this tournament,” Blake said. “Could we see him in the NBA? Yes, absolutely I could see him in the NBA at some point??Will he get drafted? I don’t know…We have so many players that it’s such a fine line between making it and not making...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Lin Aims To Boost Draft Chances | 4/14/2010 | See Source »

Tushnet said he believes that the policy is “on its way out” and will be used as a “talking point?? for Republicans, but would not be an issue that would bar Kagan from the Court...

Author: By Zoe A.Y. Weinberg, CRIMSON STAFF WRITER | Title: Kagan's Nomination for Supreme Court Seat Is Likely Prospect | 4/8/2010 | See Source »

During her talk, Khan cited examples from around the world to support her main point??that economic and social rights are inextricably intertwined with political and civil ones...

Author: By Kristie T. La, CONTRIBUTING WRITER | Title: Amnesty Head Pushes a Rethinking of Poverty | 10/20/2009 | See Source »

Residents said that the anniversary provided “a rallying point?? that has extended beyond the one-time event, bolstering the current House spirit that manifests itself in ways ranging from participation in intramural sports to Stein Club attendance...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERS | Title: Quincy Gathers For 50th Birthday | 10/19/2009 | See Source »

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