Word: consumptionism
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Still, the benefits of funding and encouraging room parties, as in the old system, so long as they are well publicized and not exclusive, should not be underestimated. The UC should at least attempt to expand this program in the future to also fund suite parties. Measures could be taken...
The pilot program raises some questions, of course. It is unclear, for example, whether these funds will significantly benefit the social lives of underage students. Yet reviving some manner of funding for parties is preferable to no fund at all. And, while it may seem unsatisfactory that alcohol consumption will...
One of the chief concerns is that over-reliance on government spending for growth will undermine a Chinese economic goal: boosting consumer spending to achieve a more balanced economy, one that is less dependent upon consumer demand from the U.S. and Europe for growth. "The biggest problem with the state...
No, the government can't fix the crisis. Everything the government's tried for the past two years has been wrong. That's why the crisis continues. The idea that you can solve a problem of too much debt and too much consumption with more debt and more consumption is...
But producing content for global consumption can be hugely expensive. MIT, an open-courseware pioneer that since 2002 has published text materials such as lecture notes and syllabi for about 85% of its curriculum, spends more than $10,000 per course to compile, publish and license text materials; classes with...