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...will the economic stimulus from the program spread? The economic impact of the program is significant but short-lived. If we assume an average selling price of $25,000 for the program, and total unit sales of 700,000, the cash-for-clunkers program generated at least $17.5 billion of economic activity, not including incremental sales of additional products, such as extended warranties, alarm systems and financing revenue for the dealerships - as well as roughly $875 million in sales-tax revenue for state governments. When we add in the fiscal multiplier effect, the net impact of the program was easily...

Author: /time Magazine | Title: Was Cash for Clunkers a Success? | 8/26/2009 | See Source »

...Monuments Men on the ground by the time of the landings on Normandy. By the end of the war, there were fewer than 60 in the field. Most of them didn't know each other because they were just so spread out geographically. There was never a cohesive unit. They never had a patch. They were sublet to whatever army they were with. And at the end of the war I think they came back and they just got lost in the fog of history. (See pictures of the attack on Pearl Harbor...

Author: /time Magazine | Title: Saving Europe's Art from the Nazis | 8/25/2009 | See Source »

...initial proposal for relocating the dilapidated 213-unit Charlesview apartment drew criticism for its overcrowded housing, insufficient parking, and disproportionately high number of rental units...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Residents Clash Over Revised Charlesview Relocation | 8/25/2009 | See Source »

...surprisingly, this hasn't trickled down to those most in need. "We didn't get anything," Lau cries, who has been on a waiting list for a public-housing unit for the past three years. Instead, since the beginning of 2009, Lau and his roommates have seen their monthly rent increase from $142 to $167. In the absence of rent control, bed-space dwellers will pay the same rental rates per square foot as those for luxury flats. "I just want better housing and a better job, and I don't want to get fired," says Lau. But even with...

Author: /time Magazine | Title: As Recession Eases, No Escape for Hong Kong's Cage Dwellers | 8/21/2009 | See Source »

...course head and guest professors. The quality of teaching fellows varies drastically from one section to the next. Attendance at section and lecture is crucial: no instruction is videotaped, and a significant portion of the course material cannot be found in the textbook. Take advantage of the unit tests, which enable you to work on practice problems, get individualized help from undergraduate graders, and earn some extra credit. Learn to craft clear, concise answers to your problem sets, which will allow you to perform well under heavy time pressure during exams. Consider attending review sessions offered by another TF during...

Author: By Monica S. Liu, CRIMSON STAFF WRITER | Title: How To Deal with Big Intro Classes | 8/20/2009 | See Source »

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