Word: systemics
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...cost was a bailout that placed trillions of taxpayer dollars at risk. It was expensive, it was messy, it was unfair. It struck many people as downright un-American. But it worked. "I've abandoned free-market principles to save the free-market system," is how President George W. Bush described it last December...
...things to get so bad. From ill-considered deregulation of banking and derivatives to over-the-top encouragement of home ownership, Washington's fingerprints were all over the crisis. Almost nothing has been done so far to right these wrongs, or otherwise rein in the excesses of the financial system. Which brings us to lesson No. 3: It's really hard for a democracy to make big changes in the absence of crisis...
...guess, but I doubt it can maintain that incredible shade of yellow without regular upkeep. 8) Resident Deans. House Masters. House Administrators. House Superintendents. Assistant Resident Deans. Assistants to the Assistant Resident Deans? This is not the Federal Government of the United States. We do not need a system of checks-and-balances. 7) While many can appreciate the effort to re-guild the walls of Adams dining hall, we’d rather be able to sit down to a hot breakfast. Eat the gold dome we cannot. 6) We can get drunk in public without spending thousands...
Starting next academic year, Harvard’s Graduate School of Education will offer a new tuition-free doctoral degree program that aims to better equip 25 graduates each year with skills needed to transform the U.S. education system, school officials announced today...
According to The Crimson, “Harvard University Health Services has identified 38 unoccupied dorm rooms throughout the House system to isolate students who have the H1N1 ‘swine’ flu and do not have single bedrooms.” Isolate? Yes, these isolation chambers—as we’ve termed them—are a frightening concept. But maybe not so much once you start applying that famous Harvard egotism...