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...fiscal year 2011, as well as various expenses and structural deficits that have been exacerbated by faculty hiring and capital expansions in FAS earlier in the decade, according to a recent report in Harvard Magazine, which cited statements from Smith.The library system has already eliminated duplicate print subscriptions for digitally available content, centralized technical services, and streamlined staff duties at various research service desks, according to HCL spokeswoman Beth Brainard.Brainard said that she could not say "at this point" which libraries would be hit hardest by the layoffs, offering only that "our work is all interrelated" and "when so many...
...it’s no secret publishing is in trouble. The cookbook author in the booth next to ours, a 25-year BEA veteran, said the massive convention used to be much bigger not too long ago. Certainly, publishers made several efforts at the conference to tackle technology, print publications’ number-one challenge: Agents ran around trying to find “mobile partners” that could transform their books into apps on your favorite brand of cell phone; BEA itself hosted presentations such as “Book Bloggers—Today’s Buzz...
...presentations, in an effort to save the businesses that built BEA, some authors all but owned up to writing based on what they thought Google wanted to hear. Such surrender commits a fatal conflation: the goal of saving the print business itself with the goal of saving the stories it tells (the real reason the business began in the first place...
...contrast, East Asian economies have robust balance sheets, except for Japan. Unlike the U.S., China and South Korea do not need to print money to fund their stimulus packages. And their spending is geared toward the future rather than toward mopping up the excesses of the past, as the U.S. must do. Green projects account for 81% of South Korea's economic-stimulus programs and 38% of China's - the proportion in the U.S. is just...
...economic approach delivered genuinely important insights. He proposed in 1911 that the government issue inflation-linked bonds; in 1997, the Treasury Department finally got around to doing so. If anybody in power in Washington had been willing to follow his advice in 1930 or '31 (which essentially amounted to "Print more money"), the Great Depression might not have been so great. For the past two years, the Federal Reserve has been working right out of the Fisher playbook, and while the results haven't been perfect, they've been a lot better than those of the early 1930s. The economics...