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...system, the unpredictability of resume drops, interview requests, and Superday invitations forces the typical applicant to cast as broad a net as possible when applying. The challenge employers then face is selecting among those genuinely interested in the position and those merely hedging their bets through precautionary recruiting. In the language of George Akerlof, the Nobel Prize-winning economist who described the used-car market as having buyers and sellers with different amounts of information about the transaction to be made, the recruiting market is ridden with “adverse selection.” In the Harvard case...

Author: By Ashin D. Shah | Title: A Second Shot at Summer | 4/8/2010 | See Source »

...their company. Far more typical of the Harvard student, opportunistic interns intend to gather the experience and move on to a preferred job that is presently unavailable. This is largely why offering paid freshman and sophomore summer internships go against the interests of most employers under the present system; firms lose their human capital investments when trained interns leave for other companies...

Author: By Ashin D. Shah | Title: A Second Shot at Summer | 4/8/2010 | See Source »

...Boston Tea Party. "We have to talk them off the ledge and bring them around to understand that they have a role and a responsibility." Varley, 40, is a smart, fast-talking woman who knows that winning a competitive game requires mastering its rules. "People want to change the system. They want less government involvement," she says. "But they need to understand how it works right now. We can't just stand outside the Capitol shouting at people. We have to go about it a different way." For Varley, that means learning how to lobby, recruiting candidates and distributing questionnaires...

Author: /time Magazine | Title: Can the Tea Party Movement Take the Next Step? | 4/7/2010 | See Source »

...system has received a cautious welcome from Europeans. A group representing thousands of non-governmental organizations, including Greenpeace, the European Trade Union Confederation and the European Women's Lobby hailed it as "an important new step to increase public participation in E.U. decision-making...

Author: /time Magazine | Title: Direct Democracy: Citizen Initiatives Come to Europe | 4/7/2010 | See Source »

...security forces working in the North Caucasus. In recent years, they have taken part in several vicious attacks in Moscow, including the bombings of two passenger planes in 2004 that killed 89 people. Abdurakhmanova, named by police as one of the two suicide bombers who struck the Moscow subway system on March 29, killing at least 40 people, seems to fit the mold. Her husband was a leading militant in the Russian region of Dagestan and was killed in a shoot-out with police on New Year's Eve. Sharipova, a schoolteacher, was also married to a militant Islamist...

Author: /time Magazine | Title: Russia's 'Black Widows': Terrorism or Revenge? | 4/7/2010 | See Source »

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