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...explicit discrimination has receded in the last two decades, culminating in the elevation of an African-American to the Presidency, a woman to the House Speakership and a black woman to the galactic dominance known as being Oprah Winfrey, those who study the effects of racism and sexism have had to cope with a difficult question: If discrimination is less powerful, why do some groups in society continue to fare worse than others? Has bias merely become better hidden, or are there other forces at work...
...have allowed the state’s first-ever live Internet coverage of a federal court hearing. But the recording industry appealed to a higher court two days later, putting a hold on the broadcast and winning no friends on the Tenenbaum side, which saw what came to be known as the “First Circuit Appeal” as yet another move by powerful interests to restrict access to information online. “At a very basic level, this is about the privatization of the Internet,” one of Nesson’s students tells...
Being rich during a recession can almost be as bad as being poor. The only difference is that the rich have more to lose. RealtyTrak, a research firm that follows mortgage trends, recently reported that the foreclosure rate on homes valued at more than $729,750, also known as the jumbo-mortgage limit, rose 127% in the first ten weeks of this year compared to the same period a year ago. Bloomberg, reports that "about $500 billion of prime-jumbo mortgages are bundled into bonds, according to Memphis, Tennessee-based FTN Financial." The default rate on those bonds may rise...
...Owens says race was a large part of why she never became involved with the QSA, then known as the Harvard-Radcliffe Bisexual, Gay, Lesbian, Transgender, and Supporters Alliance...
Economist Marc J. Melitz will return from Princeton next year to a Harvard Economics Department short on faculty. Melitz—a former associate and assistant professor at Harvard who now teaches in Princeton’s economics department and Woodrow Wilson School—is well-known for his work on international trade. “He’s been the most influential international trade economist since Paul Krugman,” said economics professor Pol Antràs, who worked with Melitz during his time at Harvard. Melitz’s influence on the study of international...