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...Because the members of today's graduating class--and some of your professors--were not yet born in 1975, let me begin by briefly surveying the economic landscape in the mid-1970s. The economy had just gone through a severe recession, during which output, income, and employment fell sharply and the unemployment rate rose to 9 percent. Meanwhile, consumer price inflation, which had been around 3 percent to 4 percent earlier in the decade, soared to more than 10 percent during my senior year.1

Author: By Crimson News Staff | Title: Full Text of Ben Bernanke's Class Day Speech | 6/4/2008 | See Source »

...also read us biographies—stories about JFK’s hope for a better America, Abraham Lincoln’s vision for a unified nation, and Dr. Martin Luther King, Jr.’s fight for a nation healed and restored. And each night as I fell asleep listening to the dream of Dr. King, his dream became my own. His vision for the future seeped into my own understanding about what was possible. Just as my mother would go on to receive her Ph.D. and become a professor, she invoked these stories to teach me that...

Author: By Edward Y. Lee | Title: Overcoming “Impossible” | 6/4/2008 | See Source »

...Rensselaer devolved into a 10-game winless streak through the months of December and January. The Crimson came out of that spell in Cinderella-like fashion, embarking on a winning streak through February and March that took the team all the way to the ECAC finals, where it fell to Princeton. “We definitely had our ups and downs,” junior forward Jimmy Fraser said. “We started off really well, [but] come the end of December and then exam time, we kind of hit a wall. We were able to pull it together...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Tough Ending for Streaky Harvard | 6/3/2008 | See Source »

...resilience and shows a lot of team character,” Shapiro said. Harvard could not translate this show of fortitude into a championship run through the Ivy schedule, dropping five of the next six, including the season-ending match at Columbia. During this slide, in which the Crimson fell to two Ivy opponents and crosstown rivals Boston College and Boston University, the team’s 1-0 overtime loss at home to the No. 20 Princeton Tigers ended Harvard’s championship quest. Despite a relentless defensive effort in which junior goalkeeper Kylie Stone stopped nine shots...

Author: By Robert T. Hamlin, CRIMSON STAFF WRITER | Title: Tough End Leaves Crimson Hoping for New Beginning | 6/3/2008 | See Source »

...Trinity 6-3 in the opening round. But the team rallied with 9-0 victories over Dartmouth and Stanford to finish fifth—a respectable mark, but a far cry from last year’s runner-up finish. “It is evident that although we fell short, we do possess the talent of a national championship team,” said Balsekar, who went 6-1 after returning from injury. “I am proud of what we were able to accomplish this year.” A week after the Howe Cup, Harvard sent...

Author: By Barrett P. Kenny, CRIMSON STAFF WRITER | Title: Youth Leads Harvard to Fourth-Place Ivy Finish | 6/3/2008 | See Source »

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