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...Nobel laureate in economics addressing the main--perhaps only--topic of conversation these days. But Krugman's assessment is only partly reassuring: "We're not in a depression now, and despite everything, I don't think we're heading into one (although I'm not as sure of that as I'd like to be)." In this updated and revised edition of his prescient 1999 book, the author shows how the Asian and Latin American financial crises of the 1990s foreshadowed the current situation and argues that the rise of unregulated financial institutions--or "shadow banks"--since then has been...
Will this change in behavior last? Or will we return to our wastrel ways as we climb out of recession and the reality again sinks in that gas is cheap? The one sure way to prevent this second scenario from happening is not to let gas get cheap again. Yes, this is yet another plea for that hoary notion: a big energy tax. Just five months ago, we were essentially paying a tax of $95 per bbl. That's the difference between what oil cost then and what it costs now. This was a "tax" whereby the revenue went into...
...major roadblock: parents. Even the most gifted teachers cannot inspire students whose parents do not instill in them the importance of education. Parents need to take responsibility by reading to children when they are very young, turning off the television and video games when they are older, making sure they are completing their homework and demanding that they respect not only their teachers but the concept of education as well. Cara A. Tonn, ROSEVILLE, MICH...
...were younger than 30 at the time of the operation felt regret later, compared with 6% of those who were older than 30. Bennett, who stopped performing tubal ligations a year ago and now sterilizes only with Essure, says, "The most important job we have is to make sure people are absolutely certain." He discussed the issue for a year with Chastity Taylor, who is only 29 and has one daughter, before implanting the coils in her in September. The doctor, his patient and her husband are convinced it was the right choice; otherwise, Taylor says, "I would have stayed...
...slow down as well,” said Mellone. He added that this slowdown may be beneficial to the detail of the community planning process. In an interview yesterday, University President Drew G. Faust said that the timeline in Allston has changed. “I’m sure that what we thought we might do in the next decade is going to take longer,” Faust said, adding that since her Nov. 10 letter about the impact of the financial crisis on Harvard, the University has been assessing a number of its plans...