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...Treasury is also active in ways it wasn't during the Depression. Back then, conventional wisdom held that the government should try to run a balanced budget in a crisis, even if that meant cutting welfare spending and raising taxes. A generation of economists inspired by John Maynard Keynes taught us that this is precisely the wrong thing to do. Government deficits in a recession are good, the Keynesians argued, because they stimulate demand. The Bush Administration, which ran substantial deficits in the boom years, looks set to run an even larger deficit...

Author: /time Magazine | Title: The End of Prosperity? | 10/2/2008 | See Source »

...Chicago. "It's one of our most popular classes," says Donna Cyrus, Crunch's senior VP of programming. Legworks, which offers the workshop I went to in Manhattan, has a growing fan base. The Los Angeles high-end shoe store Il Primo Passo holds high-heel-walking classes, taught by a drag queen, of course, on a monthly basis...

Author: /time Magazine | Title: 'Tis the Season of Six-Inch Stilettos | 10/2/2008 | See Source »

...According to On Harvard Time’s Web site, the show is “designed to fit neatly into that seven-minute period at the beginning of class that your parents are still paying for even though you’re not actually being taught anything.” The Harvard-Radcliffe Television program has seen substantial growth in both campus popularity and group membership in just over a year and a half. Harvard’s answer to The Daily Show has exploded onto the Harvard comedy scene, attracting famous—and infamous—guests...

Author: By Samantha F. Drago, CRIMSON STAFF WRITER | Title: Comedy on Harvard’s Terms | 10/1/2008 | See Source »

...members are proud of the inclusive nature of their organization. On Harvard Time has no comp requirements or any prerequisites to join, and its willingness to take on amateurs has allowed the team to grow into a veritable army. And although staff members may join without experience, they are taught writing and production skills needed to run the show. “In a sense they’re almost pre-professional,” says Brian T. Fithian ’10, a former On Harvard Time writer. “What they’re doing...

Author: By Samantha F. Drago, CRIMSON STAFF WRITER | Title: Comedy on Harvard’s Terms | 10/1/2008 | See Source »

...from building much momentum, the Crimson used a Comrie kill to pull ahead of New Hampshire. With Harvard leading 14-12, Cormie closed out the game with her sixteenth kill of the night to add another notch to the Crimson’s record. “This game taught our team perseverance,” Cormie said. “Every team in the Ivies should be tough competition so it was good to end non-conference play with a tough game.” “We feel totally great after the win tonight...

Author: By Stephanie Krysiak, CONTRIBUTING WRITER | Title: Crimson Narrowly Edges Wildcats | 10/1/2008 | See Source »

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