Italy’s Grand Funk

“These days, for all the outside adoration and all its innate strengths, Italy seems not to love itself. The word here is “malessere,” or malaise, and it implies a collective funk – economic, political and social – summed up in a recent poll: Italians, despite their claim to have mastered the art of living, report themselves the least happy people in Western Europe.”

Harvard Slashes Tuition Burden

Harvard has announced a plan to cut tuition costs for students whose families earn less than $180,000 a year. The plan ensures that “family contributions to students’ costs will not exceed 10 percent of family income in a given year. Harvard is also eliminating all loans from aid packages and eliminating home equity in calculations of family wealth.”