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...Stein says. “There’s a need to overlay it with softer, more qualitative judgment.”This approach strikes few as particularly novel—some well-performing hedge funds, for instance, have always relied on a global view of economic trends rather than heavily statistical data analysis. And “common sense” also applies to deciding which data points are relevant in any given scenario, making it relevant even in a quantitative modeling context.“Sophisticated analysts will combine many different tools—one part intuition...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Post-Crisis Economics | 6/3/2009 | See Source »

...year suspension of the program, I continue to hope that Harvard doesn’t permanently decide that transfer students are one of the things the school is better off without than with. I fear that institutional inertia will lead Harvard to continue along its current path rather than return to what was, but in this case, it’s worth it to overcome that inertia...

Author: By Victoria B. Kabak | Title: When Three is as Good as Four | 6/3/2009 | See Source »

...began to see SLAM as refreshing—rather than nauseating—a few days after I wrote a somewhat-incendiary editorial piece calling for specific administrators to be laid off to help deal with the fiscal crisis. Though I expected the piece to be controversial, I didn’t expect the dozens of e-mails praising me for being “ballsy,” “brave,” and even “courageous...

Author: By Paras D. Bhayani | Title: Why I (sort of) Like SLAM | 6/3/2009 | See Source »

Alterman's advice dovetails with Obama's diplomatic approach on previous trips to Latin America and Europe, where rather than try to paper over differences, he focused on changing the tone of the discussion. "Where there is resistance to a certain set of policies that we are pursuing, that resistance may turn out just to be based on old preconceptions or ideological dogmas that, when they're cleared away, it turns out that we can actually solve a problem," Obama said in Trinidad...

Author: /time Magazine | Title: Obama Seeks to Win Muslim Hearts and Minds | 6/3/2009 | See Source »

...these elections are largely an outlet for European voters to express their frustration with the status quo. The eccentrics and extremists may offer implausible E.U. policies, but most European governments prefer voters to vent their anger at the European elections rather than at the national polls. The danger is that this mood will shape the Parliament just when a new generation of politicians is needed to pull Europe out of its apathetic slump...

Author: /time Magazine | Title: The European Parliament: Where the Fringes Flourish | 6/3/2009 | See Source »

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