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...increases in monthly flight hours have pushed some pilots out of the industry. Others have simply picked up and followed the best jobs overseas. Emirates, for example, expects to hire 540 pilots this year. Half the applicants are Americans, compared with just 7% of its current pilots. The result is a massive shift of talent and experience from U.S. carriers into the international market...
Waging battle is an expensive business--and it's getting more so. The U.S. Government Accountability Office's report on Pentagon spending details budget overruns on 72 vehicles and weapons systems owing to expensive redesigns or inefficient project management. As a result, the overall price tag of the military's investments in new technology is up about 50%, to $1.6 trillion. Some of the programs analyzed...
...National Library of Medicine; the texts of such discoveries are readily accessible through scientific publications. Indeed, whether in journals, books, or online, nearly all of Harvard’s academic output—from graduate theses to economic policy papers—exist in the public domain. As a result, every dollar that Harvard pours into research is effectively a dollar contributed to the collective understanding of society. Rather than assailing Harvard for its enormous wealth, outsiders should laud the University for the beneficial purposes for which it utilizes its money: namely, the furthering of public knowledge...
...medical school Dean Jeff Flier is on the right track. University President Drew Faust’s statements that she will prioritize financial aid in future fundraising efforts provide further cause for optimism. Of course, whether future graduates—still on the hook for the debts that result from four years of loans and the low pay of residency—will really alter their career choice remains to be seen. The skeptical may take heart in Flier’s statement that the loan component of HMS’s aid packages will be the next to come...
...standing...largely depends on the volume and quantity of your scholarly work,” Kronman said. Kronman’s opinions were strongly opposed by all of the questioners. English Professor James Engell said that students today may no longer be seeking the same end result to their educations. “Thirty years ago 80 percent of students wanted to get a philosophy of life, compared to only 20 percent today,” Engell said. “Today, the reason given by most students is to be well-off financially.” Director...