Word: stanfords
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...well advised to keep up their sunny spirits. Taking the long view, the global economy is at a remarkable moment. Whatever the chance of a recession this year, the U.S. has experienced what the economist and former Under Secretary of the Treasury for International Affairs John B. Taylor of Stanford University calls a "long boom" since the Fed started to squeeze inflation out of the system in 1979. For nearly 30 years, Taylor points out, the few downturns the U.S. has suffered have, in historical terms, been both short and shallow. Even more extraordinary is the tale outside...
...years observers have argued that economic development can be hindered by oil wealth, a phenomenon called the "resource curse." Some, like Prof. Terry Karl of Stanford, say that excess oil exports also impede democratization. Tom Friedman of the New York Times even argues that democratization and the price of oil move in inverse proportion: when the price of oil goes up, he argues, crackdowns on political freedom ensue. Much academic ink has been spilled in pursuit of a model that can accurately link oil wealth and lack of freedom...
...press time, the CRP reported that Stanford employees had donated $173,036; Columbia employees had donated $163,558; Georgetown employees had donated $131,940; and Yale employees had donated...
Before heading to Stanford law school, David (Chip) Reese, widely considered the best all-around poker player in the world, visited Las Vegas, turned his $400 into $66,000, and discovered his true calling. Famously even-tempered, the Dartmouth graduate went on to earn millions in private high-stakes games and won the World Series of Poker three times. Reese, who valued his family more than tournament play, once left a table where he was losing by $700,000 to attend his son's Little League game. His secret: denial. "If you think about the money and what it means...
...report by a Stanford professor released this week encourages research universities to expand and institutionalize civic engagement on campuses. The report comes on the heels of an open letter from 13 members of the Class of 1967 asking University President Drew G. Faust to form a task force to address the “widespread apathy and political indifference of the student body at Harvard College today.” The report, “New Times Demand New Scholarship II: Research Universities and Civic Engagement - Opportunities and Challenges” details areas that are crucial for encouraging civic engagement...