Word: recessional
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But let's not get ahead of ourselves. So far, all we've seen is a slowing of the breakneck economic decline that began in October. There are differing spins you can put on this truth. "People like to talk about green shoots," New York University economist Nouriel Roubini said...
But even if the outright decline in economic activity - a.k.a. the recession - ends later this year, we won't exactly be out of the woods. "We are so focused on whether recovery will be at the end of this year or the beginning of the next that we lose sight...
TIME: So far, we have been fortunate that this virus hasn't caused much severe illness, but, obviously, that could change. How prepared are state and local health agencies, which have suffered from budget cuts in the recession, for a truly severe pandemic?
To put it more bluntly, Harvard has the largest university endowment in the world, and it should not be afraid of using this capital to sustain itself during the current recession. Perhaps the deans and the Corporation should release more endowment money to schools like FAS in order to ensure...
What this indicates is that there are a lot of people jonesing for spiritual information. Steve Waldman, founder of Beliefnet - the world's largest spiritual website, with as many as 3 million unique visitors per month, and the closest thing to a Patheos competitor - says there is room for another...