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...Then you search for a useful comparison. A convenient - though perhaps unsettling - comparison is to the amount of credit-card debt carried by the average person in this country. That figure is $3,245. "So a good way of thinking about government debt financing is that it's similar to what the average person is doing," says Camerer...

Author: /time Magazine | Title: How to Understand a Trillion-Dollar Deficit | 1/11/2009 | See Source »

...taken as a prerequisite, but it becomes a unifying thread in who you are as an individual,” DiFabio said. She noted that for each of the other exams that were dropped—French Literature, Latin Literature, and Computer Science AB—there is another, similar exam that students can take. “It’s not that they’ve taken those subjects out of the AP lineup,” DiFabio said. “But Italian now has no representation in the AP program.” (The College Board...

Author: By Melody Y. Hu, CRIMSON STAFF WRITER | Title: Italian Program Frets Lack of AP Exam | 1/11/2009 | See Source »

...most prominent, prolific, and exciting year yet.THE HISTORYVeritas began in 2003 as the pet project of Matt L. Siegel ’05 and Dan J. Zaccagnino ’05. In their sophomore year, Zaccagnino came to Siegel with the idea of creating a Harvard record label. Similar labels had been created at New York University and Berklee College of Music, but Harvard was lagging in creating a forum for students interested in popular music. “There wasn’t much of a live music scene at Harvard but there were a lot of talented musicians...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Veritas Aims for the Stars | 1/11/2009 | See Source »

...mood was similar at the start of the 2006 war against Hizballah in Lebanon, but soured when it became obvious that Israeli politicians and generals were bungling the war, and that soldiers' lives were being needlessly lost. That hasn't happened yet, but already a few retired generals are starting to complain that Prime Minister Ehud Olmert and his cabinet are dithering. Says former National Security Council Chief Maj. Gen. Giora Eiland, "Either reach a cease-fire in two to three days, or start a big military operation that will take at least two weeks. We've been beating around...

Author: /time Magazine | Title: In Fake Arab Town, Israeli Lawyers and Actors Prep for Real War | 1/11/2009 | See Source »

Earlier studies had shown that a queen that senses potential competition from another fertile female will chemically mark the pretender; that female will then be attacked by lower-ranking females. Biologists Jürgen Liebig and Adrian Smith of Arizona State University suspected that something similar might go on even without the queen's intervention and believed the answer might lie in scent chemicals called cuticular hydrocarbons...

Author: /time Magazine | Title: First Rule of the Ant Colony: No Hanky-Panky | 1/10/2009 | See Source »

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