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...every analyst is convinced that a $4,000 or $5,000 rebate would convince suddenly spendthrift U.S. consumers to buy a new car - especially the sort of customers who would own a clunker in the first place. "Either this program won't make them buy, or they're just poor," says Wolkonowicz. But a cash-for-clunkers deal with tough enough fuel standards would at least be a way to throw Detroit another lifeline without sinking the planet - even as Washington seeds longer-term demand for more-efficient vehicles. The key, like any used car contact, is to check...
Social psychologists study this sort of question for a living, and unfortunately for the idealists, academic research shows that greed will never die and excess will never end. In fact, as the recession deepens - and as the rich hear more and more stories of once secure Americans having to forgo everything from new clothes to basic health care - the wealthy will almost certainly start to spend again, and with renewed avidity. Why? Not because the rich are greedy but because they are human...
...work, called it a “miracle.” Since then, the book has been met with widespread acclaim, and has been published or is awaiting publication in 17 countries. Dovey’s literary success story is an unlikely one. She recalls feeling “sort of blown away” in her undergraduate years by the “Harvard idea of, ‘do what you love.’” At Harvard, she studied Anthropology and Visual and Environmental Studies, completing a documentary on South African wine farms...
...noted scholar of British and American politics, passed away on April 7, at the age of 97. “He was a spectacularly good teacher because his classes were all in the form of questions he addressed to himself and his students, for which he had all sorts of arguments before coming to his own conclusion,” said Hoffman. “It was very different from the typical top-down sort of lecturing. It was as if he was struggling with his own opinions.”Beer, the chair of the Harvard government department from...
Just two years after his inauguration, former University President Lawrence H. Summers penned a 5800 word letter to the Harvard community that left no doubt about what sort of a mark he intended to make: Harvard would build itself into an unparalleled center of interdisciplinary research, and it would do so by undergoing an unprecedented expansion. Thrust into prominence as the canvas for the University’s grand vision was the neighboring community of Allston—a city once dominated by railroad stockyards and cattle slaughterhouses that now bore the weight of a new president?...