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...Faculty of Arts and Sciences and four of the University's professional schools offered retirement plans to members of their faculty earlier today, marking the realization of an idea that surfaced when it became clear last fall that the University's endowment would be hard-hit by the financial crisis...
...package is a one-time offer, which, currently, the Faculty “has no expectation of offering...again at a later date,” according to page nine of the pamphlet sent out to eligible professors today...
Last week, 32 young Americans won Rhodes Scholarships. Their tenures at Oxford are funded by the legacy of the British imperialist Cecil Rhodes, a man whose life would not be honored today were it not for his scholarships—and specifically his vision that young people of outstanding intellect, leadership, and ambition could make the world a better place...
Nothing—if one believes that such differentials are necessary for our economic system to thrive. But do many believe that differentials need be this grotesquely large to incentivize and reward people adequately, if not richly? No; they are that large today simply because they can be that large, not because of some virtuous working of the market. This is not Adam Smith’s capitalism. Just as he decried the inevitable greed and corruption of monopoly, he would surely rail against today’s self-serving and closed systems of compensation review...
...take for granted. The Hindu Kush mountain range splinters much of the country into isolated valleys run by warlords, marginalizing any central government authority. And as the 219th poorest nation among the world's 229, Afghanistan simply can't afford to pay for a big military. Afghan forces today are largely slipshod and corrupt, U.S. officers who have served with them say. Technically they seem capable of doing little more than basic daytime operations, and they have yet to master the bookkeeping vital for any military force to keep track of itself. (See pictures of the battle against the Taliban...