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...don’t learn anything from this crisis, we really should be disappointed with ourselves,” she says.Although the challenge of managing the nation’s most prestigious endowment continues to demand long hours, Mendillo still aims to find time for relaxation, often cooking with her husband and cherishing whatever time she can find with her two teenage children, who currently attend boarding school.“I think one of her favorite things to do is to sit across from each other at the table with a nice meal, enjoying a glass of wine...
...have predicted it,” University Provost Steven E. Hyman says of the level of philanthropy as of early May. “We’re fortunate to have such generous alumni, but we’re very much in unprecedented territory.”DONOR APPRECIATIONFaust often emphasizes that Harvard is no longer in a position to think as a university with a $36.9 billion endowment, and donors acknowledge that reducing the scope of University activities and ambitions to those that a $24 billion endowment can support is not easy. Most give Faust credit for coping with...
...Poets,” and “Shakespeares.” Four classes will be offered per category per year, and they will be capped at around 25 students, according to Daniel G. Donoghue, the English department’s director of undergraduate studies.English concentrators—too often inundated with large lecture classes—have been asking for smaller classes for a long time, according to New, the English professor.In the renewed “Astrophysics” concentration (“renamed from Astronomy and Astrophysics”), a similar movement for common-ground courses...
...that individuals are mainly concerned with their relative wealth in comparison to others. If incomes grow consistently across the socioeconomic distribution, then we would not expect to see happiness grow much at all, save for those in the lowest earning bracket. Reinforcing the effect, as individuals gain wealth they often change social groups—and begin interacting with other higher earning individuals. Thus, as we gain wealth, the people we choose to compare ourselves against may also become wealthier, leading to little change in relative position...
...This finding has been described as the “Hedonistic Paradox”, which states that those who seek happiness for their own benefit often find themselves disappointed, whereas those who seek to improve the well-being of others may have a greater likelihood of being happy themselves. Research shows that those who are altruistic and selfless often have higher levels of happiness. Psychologists Ed Diener and Pelin Kesebir write, “Happiness appears to bring out the best in humans, making them more social, more cooperative, and even more ethical.” These findings are consistent...