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Lowenstein is terrific at walking the reader through complex economic events, and he artfully traces the development of the subprime-mortgage disaster. It sounds like a lofty ideal when Angelo Mozilo, a co-founder of Countrywide, says in a speech in 2003, "Expanding the American dream of homeownership must continue to be our mission, not solely for the purpose of benefiting corporate America, but more importantly, to make our country a better place." Countrywide and others made mortgages available to anyone with a pulse, aided and abetted by Wall Street, which created the market for exotic mortgage derivatives...

Author: /time Magazine | Title: Business Books | 4/12/2010 | See Source »

Rowat writes in her “Science and Food” blog that food is “an ideal medium to engage people in science: everyone eats.” She adds that various dishes exemplify scientific concepts ranging from phase transitions to fermentation...

Author: By Katherine M. Savarese, CONTRIBUTING WRITER | Title: SEAS Profs Heat Up Science Courses | 4/9/2010 | See Source »

...incredibly rigorous, designed to weed out both those who are not the most capable for the job and those who only “kinda” want it, and leave those who are both qualified and committed. This is not a bad thing, and of course in an ideal world, you would only need to apply for­—and get—jobs you really want. But because of the high probability of rejection these days, we often need to apply for multiple types of jobs, some of which we may be more qualified for than...

Author: By Maya E. Shwayder | Title: The Silent Treatment | 4/9/2010 | See Source »

Knep points to the prevalence of capitalist culture in the American education system, among other societal institutions, as a limitation that is ideal for progress and innovation but not so much for the personal task of exploring the art in each...

Author: By Lauren B. Paul, CONTRIBUTING WRITER | Title: Knep Links Science and Art | 4/6/2010 | See Source »

...particularly memorable episode, Hickman leads his church group to the Lincoln Memorial. Looking up into Lincoln’s eyes with “their sad revelation of what it means to be a man of vulnerable heart and floundering mind who found clinging to an elusive ideal more desirable than all the pride and glory of great wealth and great armies,” Hickman exclaims to himself, ”Yes! And with all I know about the things you had to do to be you and remain yourself?...

Author: By Adam T. Horn, CONTRIBUTING WRITER | Title: Ralph Ellison’s Unfinished Manuscript | 4/6/2010 | See Source »

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