Word: premiums
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These days companies might be keeping a close eye on costs and CEO pay, but execs are increasingly bingeing on corporate travel. Even as the commercial airlines have upgraded first- and business-class cabins and new premium-class-only carriers have emerged to attract business fliers, many executives consider private-jet use preferable to commercial flying because it can be more time-efficient while allowing for a personal touch in business. But as private jets increasingly clog the skies, airline groups and the Federal Aviation Administration (FAA) are demanding that they take on more fiscal responsibility in the booming industry...
...faculties autonomy, “the University has given responsibility to those most knowledgeable about the different fields and programs,” but that excessive decentralization can result in costly inefficiency. More broadly, Bok writes, the decentralization reflects schools’ willingness to “pay a premium to preserve control over functions that affect their welfare and that of their members.” Bok also reflects on ways to improve teaching at Harvard—long a pet project of his, as illustrated by the center for teaching and learning that bears his name. Bok calls...
...arbiter of tenure. As President Charles W. Eliot, Class of 1853, said, “It is in discharging this duty that the president holds the future of the University in his hands.” We hope Faust takes an active role in tenure decisions, putting a greater premium on teaching ability and finding scholars in underrepresented areas. We also hope that Faust commits to giving junior faculty—who have traditionally been sent away before they return to get tenure—a better shot at promotion from within. After all, it makes little sense to appoint...
...terms have blossomed into wide, unexamined usage at Harvard in our times, and my classmates can be thankful they are graduating from this realm of self-contradicting doublespeak: Where “dialogue” means the neutering of conversation for sensitivity’s sake, and where the premium placed on “inclusivity” forces students to trek to MIT if they wish to participate in ROTC...
...writing this article about Shayak Sarkar ’07. Not only is he one of my closest friends, but last week he bestowed upon me a pair of designer jeans for no apparent reason. For the record though, I decided to write about Sarkar before any premium denim changed hands. At any rate, the jeans gifting is illustrative: Shayak Sarkar is the kind of guy who performs stylish acts of kindness—the kind of acts that don’t just make you feel better; they make you feel better about yourself. What’s ironic...