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...president’s political opponents have denounced excessive spending and claim that additional stimulus will only swell the budget deficit further. To an extent these critics are correct??further domestic spending will make Obama’s goal of halving the deficit by 2010 even more unlikely...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

Tough economic times have hurt Harvard's typically favorable public image, leading to a 20 percent decline in media representations of Harvard over the past nine months, according to The Global Language Monitor, a site that recently brought you the "Top Politically (in)Correct??Words and Phrases of the Past Year" (number 1 was Swine Flu, FYI). We get that cutbacks don't exactly make Harvard look good, but how did they translate that into a number like 20 percent? Regardless, the site ranked Harvard as the university with the third best media image this...

Author: By Lauren D. Kiel | Title: Harvard's Image Drops Like the Endowment | 11/2/2009 | See Source »

...Tella said that the government’s readiness to insure large institutions deemed vital to the U.S. economy—even without prior agreements—means additional regulation would only reduce moral hazard. “Once we [have an implicit guarantee], his approach has to be correct??—has to be,” Di Tella said. “In a very uncertain time I think that’s a very strong statement to make.” —Staff writer William N. White can be reached at wwhite@fas.harvard.edu...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Congress Draws on Prof’s Paper | 2/17/2009 | See Source »

...other form of criminal or civil punishment or disqualification.” In Massachusetts that is, small-scale possession became the legal equivalent of a bad traffic ticket. Law enforcement officers, however, worry that citizens’ first impression may prove all too close to correct??that the “marijuana ticket” will prove impossible to enforce and is thus a de facto legalization of weed. In the short run, officers should try to enforce the law as best they can, despite the enforcement challenges that it presents; it is, after...

Author: By Justine R. Lescroart | Title: Half-Baked Reasons For Opposing Pot Law | 1/16/2009 | See Source »

...editors: In her column “Overvalued Legislation” (Oct. 17), Justine R. Lescroart misses the point in her critique of legislation that would attempt to “correct?? the trade balance between China and the United States. Her concern that taxing Chinese imports will hurt China’s economy and create a political precedent for protectionism in the world is probably accurate. However, the main reason we should not be worried about the undervalued yuan is that the major consequence– “allowing Chinese businesses to produce products... whose prices...

Author: By Daniel P. Robinson | Title: Lescroart Falls Into The Protectionist Fallacy | 10/19/2007 | See Source »

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