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...flexibility of the U.S. economy, is the pronounced decline in the energy intensity of the economy since the 1970s. Since 1975, the energy required to produce a given amount of output in the United States has fallen by about half.6 This great improvement in energy efficiency was less the result of government programs than of steps taken by households and businesses in response to higher energy prices, including substantial investments in more energy-efficient equipment and means of transportation. This improvement in energy efficiency is one of the reasons why a given increase in crude oil prices does less damage...

Author: By Crimson News Staff | Title: Full Text of Ben Bernanke's Class Day Speech | 6/4/2008 | See Source »

...With this added uncertainty, Harvard admissions officials decided to offer 110 fewer spots to freshmen than the previous year. As a result, Harvard had the lowest acceptance rate in its history at 7.1 percent...

Author: By Arianna Markel, CRIMSON STAFF WRITER | Title: Harvard's New Delayed Opening | 6/4/2008 | See Source »

...Academy of Arts and Sciences (AAAS). The project was led by a panel of university presidents and Nobel laureates, including Howard Hughes Medical Institute President Thomas R. Cech, whose institution collaborates with Harvard to fund research. The study also supports the findings of recent reports: conservative funding tends to result in conservative research, and the competition for federal funds is such that scientists spend more time applying and re-applying for grants than researching itself. Leslie C. Berlowitz, the chief executive of the nationwide honor society, said that universities should at least strive to partially fund what she termed...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Medical School Fails To Turn In Reports | 6/4/2008 | See Source »

These cases of poor attendance, partly a result of an aging and entrenched Faculty, are not likely to be helped by FAS Dean Michael D. Smith’s decision to “pause” Faculty hiring during the next academic year, which will temper recruitment to only bring in enough Faculty to replace the number that leave or retire during the year. This plan ignores many of the gaps in the subject matter covered by the expertise of current faculty and will ultimately hurt departments’ academic flexibility...

Author: By The Crimson Staff | Title: Painstaking Progress | 6/4/2008 | See Source »

...fall, Hammonds will have her work cut out for her in terms of developing a relationship with the undergraduate student body, whose relationship with Pilbeam was rocky as a result of several unpopular decisions...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Portrait: Evelynn M. Hammonds | 6/4/2008 | See Source »

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