Word: reasonable
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That said, we understand the hesitations that donors may have in giving money to Harvard for no clearly specified reason. Regardless of one’s opinion of the Harvard Management Corporation, the university no longer has a golden reputation when it comes to managing money effectively. The university should therefore strive for transparency with regard to both its budget and in how it will allocate these unrestricted funds—if not to reveal the details of how they will be spent, then at least to ensure donors that they will be spent wisely...
Moderate bias also grows from a related phenomenon: status-quo bias. Journalists, like anyone, have a built-in bias toward believing that what was true yesterday will be true tomorrow. Establishment news outlets grow cozy and comfortable with other establishments. One reason some journalists insufficiently questioned the run-up to the Iraq war and underestimated the housing bubble was that they listened to their usual, credentialed sources - and the history of the past decade is the history of the experts being wrong. (See TIME's photo-essay "A Photographer's Personal Journey Through...
...most commonly associated with the Middle East? There have been self-destructive groups throughout history, some aggressive, such as the Zealots in ancient Israel, and some pacifistic, like the early Quakers. I even regard Gandhi as an individual who was given to self-destructive impulses. The reason for the preponderance of this phenomenon in Middle East today is not the different nature of Islamic faith or moral values. It is first and foremost the social disruptions that these parts of the world are undergoing. In other words, the basic cause is social while the second is religious and aesthetic...
...there no suicide terror among Christian or Jewish groups who have suffered injustice? Or among African Americans in the 20th century? The reason that I explore in my book is that Christianity and Judaism have evolved a very powerful tradition of comedy that undermines the heroic stature of someone who presumed to be the Messiah. And in some ways, the suicide bomber is someone who says, "I'm like the Messiah, my martyrdom is so great that what I'm doing for the community is like what Hussein...
...year ago, at least by some measures. The U.S. savings rate has increased to about 4% of GDP (from zero at the recession's onset), and China's current account surplus has fallen from 10% of GDP to about 6.5% of GDP. Both are improving for the same reason: shell-shocked consumers in the U.S., where the unemployment rate is 9.8% and rising, have snapped their wallets shut. Now that it's pouring, they have started saving for a rainy...