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...Given the political realities of the university, it may be tempting to just either float debt or ask for more money from the endowment. But kicking this ball down the road, either by mortgaging the university or drawing down its savings, simply leaves the problem for our successors to clean up. All of us—administrators, faculty, and students—will simply have to make do without some of what we’re used...

Author: By Paras D. Bhayani | Title: Budget Cutting for Dummies | 4/18/2009 | See Source »

...newspaper, the quintessential quotidian good, changes its layout. Similarly, when Starbucks briefly started using its old logo on coffee cups about a year ago, daily drinkers weren’t happy. And, when the Red Sox announced they would be wearing new “retro” gray road uniforms last December, the fan response was tepid at best, with the greatest vitriol directed at the biggest change—putting hanging socks on the hat. Baseball games occur almost daily during the summer months, so it’s not surprising that fans would bristle...

Author: By Adam R. Gold | Title: Stop Bashing the New Facebook | 4/18/2009 | See Source »

...matter-of-fact dismissal of what appeared to be a fairly serious challenge to the prosecution's case is just one of many reminders that the Arthur Road jail is a long way from the tidy proceedings of "Law and Order." The court allowed the prosecution to present its opening arguments, for example, even though the newly appointed defense attorney had not yet read the 11,000-page charge sheet. (The judge acknowledged that he still hasn't finished the whole thing.) Qasab does not speak English, but there is no Urdu translator to explain the proceedings...

Author: /time Magazine | Title: Mumbai Attacks Trial Offers Rare Glimpse into Indian Courts | 4/18/2009 | See Source »

...road to a meaningful life: "Deciding what to pay attention to for this hour, day, week, or year, much less a lifetime, is a peculiarly human predicament, and your quality of life largely depends on how you handle it ... We must resist the temptation to drift along, reacting to whatever happens to us next, and deliberately select targets, from activities to relationships, that are worthy of our finite supplies of time and attention...

Author: /time Magazine | Title: Improve Your Life by Paying Attention | 4/17/2009 | See Source »

...banks as a group. This week's positive results, which had been anticipated by a monthlong rally in bank stocks, are certainly better than last year's multibillion-dollar losses. But bank earnings are extremely sensitive to assumptions about the future, and whether the banks are actually on the road to recovery will depend to a great extent on how the economy performs in the coming months. That said, there are a few dumbed-down lessons that can be taken from the earnings news thus...

Author: /time Magazine | Title: Citigroup's Surprising Profit: Is It for Real? | 4/17/2009 | See Source »

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