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...This is where hopes of an Asia-led rebound are most tenuous. After a dozen years of excess, the overextended American consumer is tapped out. The "green shoots" crowd - those believing global recovery is nigh - drew special encouragement from a 2.2% rebound in real U.S. consumer expenditure in the first quarter of 2009. That encouragement is about to be dashed. Outright contractions in retail sales in March and April point to a renewed decline of at least 1% in real consumption in the current quarter...

Author: /time Magazine | Title: Kidding Ourselves About an Asian Recovery | 6/8/2009 | See Source »

...school of thought contends that this hesitance originates in the fear that chemical enhancement will undermine the “justice” of the world by decoupling effort and success. But the link between the two was already tenuous. Life’s race is handicapped from the start by genetic and circumstantial factors far beyond anyone’s control. And once things are underway, as the Bible poetically notes, often “the race is not to the swift...

Author: By Daniel E. Herz-roiphe | Title: A Tale of Two Alex-es | 6/3/2009 | See Source »

...Jackson, the acting dean, has garnered praise from his colleagues on the faculty for his leadership over the future of the school’s budgetary priorities at a tenuous time, and as a result, his stock has risen as a candidate for Dean...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: HLS Dean Search Narrows to Four | 6/3/2009 | See Source »

...entered Harvard a second time, I quickly received lessons in leadership that I hope will not be necessary to remember at Duke: When you take over a unit, fire or transfer anybody with power who does not owe it to you. Next, choose somebody with a high profile but tenuous backing to beat up on publicly. It cows everybody else into submission...

Author: By J. lorand Matory | Title: What Harvard Has Taught Me | 6/2/2009 | See Source »

...forums and opportunities to get involved, these efforts will not succeed unless we have students willing to participate. The UC cannot respond to the budget crisis alone, and I hope that in the next semester students will continue to join forces with the UC and the administration in the tenuous process of cutting back...

Author: By Andrea R. Flores | Title: What the UC Needs | 6/2/2009 | See Source »

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