Word: understands
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Dates: during 2000-2009
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...belong in jail. But most were too shrewd to cross legal lines; they just danced along them, lingering in the loopholes, playing us for suckers. Now the damage is done, and it's easy enough for them to hide in the complexity of a system few of us understand - a system created by collective irresponsibility. But recklessness is a form of intent, and when the damage is measured in families disfigured by a sudden fear of the future, and parents haunted by the debts we're leaving our kids, it feels personal. (See pictures of the global financial crisis...
...Group: This is a group that no one is happy with. It likely emerged in the eleventh hour from as many as eight different groups. All are wary of each other and just looking for any way out. It’s like getting married after forty. Because you understand the pain of treachery from blocking, you should all be kind during rooming. Yet as the political animal you are (see above), you will still Machiavelli your way your way into a triple with the other two non-Asians. The best house for you is Leverett, a symbol...
...It’s important for the deans—especially for Dean Smith and for President Faust—to get out front on this issue and help to beat the drums for it,” Menand said. “Just so people understand what we’re doing and why it’s innovative...
...economics. Harvard Economics Professor David I. Laibson ’88 noted that economics reduces individuals into simple decision-makers instead of acknowledging that people have several competing mental processes. Brown Neurobiology Professor Peter E. Politser argued that economics ignores the nuances of decision making. “To understand decisions across many contexts, we often have to ask not just what people choose, but how and why,” he said. Throughout the symposium, the professors stressed the discipline’s infancy. “I think the field of neuroeconomics is not fully defined...
...consolation, senior managers in the financial-products division will make about 43% less in 2008 than they did a year earlier, according to the company.) As Fed Chairman Ben Bernanke put it, "It makes me angry. I slammed the phone down more than a few times discussing AIG. I understand why the American people are so angry. It's absolutely unfair...