Word: reductionism
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Dates: during 2000-2009
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In response to guidance from the University, several of Harvard’s schools are planning for a decline in endowment income for the next fiscal year, according to University administrators interviewed this weekend. Earlier expectations had been for a flat payout—or the same dollar amount in...
While the Boston School Department’s budget crisis ensured that some jobs would be cut, the numbers announced by Superintendent Carol Johnson last week are staggering. A full 900 positions will be eliminated, including 403 in teaching. This translates to a six-percent reduction in the cityâ?...
Unfortunately, there is precious little data on what sorts of changes to mortgages do have the best shot of keeping borrowers in their homes in the long run. The most quoted research on the topic, from the investment bank Credit Suisse, shows - unsurprisingly - that when modifications involve lower monthly payments...
I do think a stimulus bill is needed. It has been demonstrated time and again that returning money to taxpayers in the form of a tax reduction has the most bang for the buck. If there's going to be federal spending, it should be devoted exclusively to very high...
The pressure on DRAM makers won't significantly ease up anytime soon. Though prices may stabilize in the short term, iSuppli's Kim doesn't expect a meaningful recovery until the second half of 2009. That turnaround will likely be driven by a sharp reduction in new capacity. Kim expects...