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...simultaneous applause and admonition reflect the paradoxical role of the European Commission. Often described as the engine of European integration, the Commission also is responsible for disciplining individual member states that violate E.U. rules. The rules in question are part of Europe's Stability and Growth Pact set up in 1997 amid German concerns over budgetary discipline in countries about to join the euro zone. Designed to discourage governments from destabilizing the euro zone by borrowing too much, the rules limit national deficits to no more than 3% of gross domestic product. Countries that go over that limit can face...

Author: /time Magazine | Title: Europe's Twin Messages: Spend! Stop Spending! | 2/24/2009 | See Source »

Considered Pigouvian, the gas tax makes driving reflect its true cost, economically and environmentally. Driving and burning gas is associated with many negative externalities, as it produces pollution and contributes to global warming—both of which tax payments can help offset. On the environmental front, a higher gas tax will also create incentives for motorists to buy more fuel-efficient cars, or even hybrids. It might also encourage people to carpool or use the public transportation system more often. This in turn will decrease air pollution and traffic jams...

Author: By The Crimson Staff | Title: Fueling Change | 2/24/2009 | See Source »

...requirements, according to Assistant Dean of Harvard College Courtney B. Lamberth, whose office had a substantial role in preparing the report. “Now we are in an active review period where we are seeking input from students, faculty, and staff to ensure that the self-study accurately reflects the community’s experience,” Dean Lamberth wrote in an e-mail after the meeting. One concern raised by student representatives at Wednesday’s meeting was whether the report—which makes no mention of social organizations like final clubs and sororities?...

Author: By Edward-michael Dussom, CRIMSON STAFF WRITER | Title: CCL Reviews Student Life Report | 2/23/2009 | See Source »

...sheet—a series designed to commemorate the achievements of 12 prominent civil rights figures including Houston, who led the legal battle against racially discriminatory laws in the mid-20th century. “Stamps can start conversations, help share dreams, memories—and challenge us to reflect and remember those who have sacrificed so much to help make this nation live up to its promise,” said Katherine Lydon, the postmaster of the Cambridge Post Office. Issued by the United States Postal Service, the new stamp series pays homage to such civil rights giants...

Author: By Courtney P Yadoo, CRIMSON STAFF WRITER | Title: Civil Rights Heroes Commemorated | 2/23/2009 | See Source »

...Professor Sharon-Lise Normand, who led the study, agreed there was a chance doctors would shift away from treating critically ill patients, but said her study controlled for risk factors that would be affected if some hospitals had a sicker body of patients than others. The death rate may reflect post-op care, Normand said, which reflects both the work of individual doctors and the entire hospital staff. “There is this tendency by the physicians and the hospitals to say they did the procedure properly,” she said. “We want people...

Author: By Eric W. Baum, CONTRIBUTING WRITER | Title: MGH Death Rate Tops State Mean | 2/20/2009 | See Source »

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