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...economist Brad DeLong pointed out last May how, on a public budget, the University of California system expanded from teaching 5,000 undergraduates a year in 1960 to 40,000 a year today. During the same time, Harvard grew from 1,200 to 1,600 a year, despite accumulating billions in private donations. It is hard to argue that those additional funds for Harvard were effective on the margin. Harvard has a vested interest in keeping its student body small, since what it produces is essentially a luxury good in the form of Harvard diplomas. As one commenter on DeLong?...

Author: By Garrett G.D. Nelson | Title: Taxes and Duties of the Private University | 12/10/2008 | See Source »

...they outplayed us,” Donato said. “I don’t think we executed really anything that we wanted to do.”Harvard looked promising in the first period. The two teams played evenly until 7:15, when UND’s Brad Malone snagged the puck in front of the Crimson goal, knocking it past freshman goalie Matt Hoyle. Just one minute later, the Fighting Sioux’s Brad Miller made the score 2-0 after slamming a shot over Hoyle’s right shoulder. Harvard cranked up its defensive...

Author: By Alexandra E. Zimbler, CONTRIBUTING WRITER | Title: Fighting Sioux Crush Crimson | 12/7/2008 | See Source »

Harvard’s best opportunity came when two UND skaters were sent to the box 5:35 into the second period, giving the Crimson two full minutes with a 5-on-3 advantage. But Fighting Sioux netminder Brad Eidsness stopped all eight Harvard shots during the power play, limiting the Crimson to its lone goal for the night...

Author: By Courtney D. Skinner, CRIMSON STAFF WRITER | Title: NOTEBOOK: Harvard Cannot Capitalize on Chances | 12/7/2008 | See Source »

...date suggest - that both consumption and private investment in the U.S. are plunging at a faster rate than government spending is rising. And given that consumers have shut their wallets, the U.S. savings rate is almost certainly headed up as this recession deepens. The result, as former Treasury official Brad Sester points out, is that the overall U.S. demand for capital is diminishing - despite the government's appetite for more money to fund bailouts and a likely forthcoming stimulus package - while its own ability to fund its deficits is increasing via more domestic saving. The bottom line...

Author: /time Magazine | Title: Paulson in China: The Monster Under the Bed | 12/5/2008 | See Source »

...Andre Akpan was named as a semi-finalist for the Hermann Trophy, the most prestigious individual award in men’s Division I soccer, placing Akpan as one of the top 15 players in the country.Past recipients of the Hermann Trophy include American soccer-greats Claudio Reyna and Brad Friedel. “We kind of expect this sort of thing from Andre, so it wasn’t much of a surprise,” co-captain Michael Fucito says. “But we’re glad he’s getting the recognition he deserves...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Record-Breaking Junior Rising to the Top | 12/2/2008 | See Source »

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