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...question how effective and efficient such a program would be. First of all, it is misleading to imply that companies aren't hiring because workers aren't cheap enough. As Dale Mortensen, a professor of economics at Northwestern University, points out, workers are a real bargain right now. Unit labor costs - how much a company has to pay people to produce a unit of whatever it is that the company makes - have been flat or falling for all of 2009. Between the second and third quarters, labor costs dropped at an annual rate of 2.5%. "If you just look...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...controversy over e-mails stolen from global-warming researchers at the Climatic Research Unit (CRU) at Britain's University of East Anglia has become so divisive that there is even disagreement over what to call...

Author: /time Magazine | Title: Has 'Climategate' Been Overblown? | 12/7/2009 | See Source »

Zuma, on the other hand, was a low-ranking guerrilla in the ANC's armed wing who rose to the leadership of its ruthless intelligence unit. He plotted bomb attacks and assassinations and ordered the killing of suspected traitors. There was nothing intellectual about such work. In an interview with TIME in early 2007, Zuma summarized his revolutionary ideology in one short sentence: "I was oppressed." Not for Zuma the intellectual contortions that led even Mandela to cast crime as a white, counterrevolutionary plot or Mbeki to see AIDS as a Western drug-company conspiracy. Not for him either...

Author: /time Magazine | Title: Could Zuma Be What South Africa Needs? | 12/7/2009 | See Source »

...Hazen, head of acquisitions for Harvard College Library—the largest unit within the University’s decentralized library system—wrote in a report in June that over the past few years, “our efforts have been flagging already, to widespread consternation and alarm.” He wrote that those difficulties would be exacerbated this year by what he predicted to be a 15 percent drop in the acquisition budget...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: Faculty Calls For Library Funding | 12/7/2009 | See Source »

Coming into the game ranked sixth in the nation on the penalty kill, Harvard’s man-down unit continued its strong play, as Kessler made two nice kick saves off shots by Minnesota’s Brittany Francis and Kelly Seeler, and the defense held the Gophers off. At the end of the first period, Minnesota had taken nine shots, compared to just five for the Crimson...

Author: By Scott A. Sherman, CONTRIBUTING WRITER | Title: Harvard Breaks Series Drought With 1-0 Victory Over Minnesota | 12/7/2009 | See Source »

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