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Word: lesson (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...setbacks and the achievements." As Prime Minister of Denmark until last April, Rasmussen went out of his way to explain the reasons Danish troops were in Afghanistan. As a consequence, he says, support for the mission has held up better in Denmark than elsewhere. The British might learn a lesson from that. Gordon Brown has frequently tried to explain the Afghanistan mission. But David Davis, a prominent opposition MP and a former Foreign Office minister, argues that public support has dropped because of a "lack of clarity about what we're trying to achieve." Davis claims that "the aims...

Author: /time Magazine | Title: Afghanistan: Looking For the Way Ahead | 9/28/2009 | See Source »

That brings us to lesson No. 2. Early in the Great Depression, powerful voices at Treasury and the Fed argued that financial crisis was a necessary corrective. "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate," Treasury Secretary Andrew Mellon advised President Herbert Hoover. "It will purge the rottenness out of the system." This time around, after Lehman went under, no one at Treasury or the Fed talked that way. Instead, policymakers in the U.S. and overseas agreed that the panic had to be stopped at any cost. And it was, through a bailout that placed trillions of taxpayer...

Author: /time Magazine | Title: The Bailout's Biggest Flaw | 9/28/2009 | See Source »

...lesson that FlyBy thinks we could live by. Tummy rumbles don't sound pleasant...

Author: By Esther I. Yi | Title: A Paradox We Can All Live By | 9/27/2009 | See Source »

What happened a year ago on Wall Street is exactly an example of what Smith was warning [about]. Society is not really made to be a purely competitive operation. And I think we have learned that lesson, but I don't know for how long. The whole argument that nature is red in tooth and claw, and for that reason society ought to be like that, is flawed. Because nature is not like that. If you look at our close relatives, you see animals who survive by cooperating. Yes, there is competition. There is dominance, hierarchy. They sometimes fight. They...

Author: /time Magazine | Title: Are Humans Actually Selfish? | 9/25/2009 | See Source »

...group of us would clean and ready the dormitory rooms of arriving undergraduates.” And like many other recorded events, Dorm Crew gets vested with symbolic and personal significance. “When asked of all Harvard taught me, I sometimes joke that my very first lesson was how to scrub a toilet. Appropriately so, perhaps...

Author: By Chelsea L. Shover, CRIMSON STAFF WRITER | Title: Dropping the H-Bomb | 9/22/2009 | See Source »

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