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...Many of the ideas Summers developed were codified in a 1986 article titled "Hysteresis and the European Unemployment Problem." Even today it's a piece he's proud of: "Ah, yeah, the hysteresis article," he interjects when it's mentioned. Hysteresis is a word that you (and the rest of us) should hope we don't hear too much of in the coming months. It comes from the Greek husteros, which means late. It refers to what happens when something snaps in such a way that it can never be put back together. Bend a plastic ruler too far, drop...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...cranes had been dismantled in the summer, but smaller, mobile cranes will continue to be used on site. But Harry Mattison, a member of the Harvard Allston Task Force, said that he did not believe the University was being forthright with its construction plans. “The word ‘stopped’ isn’t in Harvard’s vocabulary,” Mattison said. “They use all this funny jargon to describe what is happening.” —Staff writer Michelle L. Quach can be reached at mquach@fas.harvard.edu...

Author: By Michelle L. Quach and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Residents Fear Construction Halt | 9/11/2009 | See Source »

Philosophers call it the “substratum,” and chefs call it “umami,” but the universal word for it is “subtlety.” It’s that Mona-Lisa-smile component that separates the merely good from the eternally memorable. Thousands of people have tried to describe it, but to little—if any—avail. And so the movie “The Burning Plain,” written and directed by the Mexican screenwriter Guillermo Arriaga, is the latest work to remind...

Author: By Jillian J. Goodman, CRIMSON STAFF WRITER | Title: The Burning Plain | 9/10/2009 | See Source »

...Despite such sentiments, Wilson's political foes in South Carolina did not hold back. "I hope the people of South Carolina will show their disdain for that," said Representative Jim Clyburn, the majority whip, who also represents the state. "To heckle is bad enough, but to use that one word, the one three-letter word that was not allowed to be used in my house while I was growing up, is beyond the pale...

Author: /time Magazine | Title: 'You Lie!': Representative Wilson's Outburst | 9/10/2009 | See Source »

...issue isn't weather. It's whether there will be rooms for everybody. The official word is, "FIFA believes there is sufficient quality accommodation in South Africa." But FIFA boss Sepp Blatter has basically ordered organizers to augment the room supply with cruise ships. Tamara Cohen, a South African who is a travel consultant in Charlotte, N.C., says that while FIFA's got all the major hotels and chains booked solid, there are other options, including private homes available for rent, boutique hotels, B&Bs and guesthouses. "This type of accommodation has exploded in South Africa in the past...

Author: /time Magazine | Title: Winter Doubleheader | 9/10/2009 | See Source »

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