The town of Princeton received the highest possible rating in credit evaluations by Moody’s on Friday and by Standard & Poor’s on Monday, according to town Director of Finance Kathryn Monzo.
A suit filed against the University in 2011 has grown from a little publicized objection to tax breaks on a handful of University properties to a challenge against the justification for the University’s tax exemption as a whole.
While the University routinely accepts alumni donations numbering in the millions of dollars to fund the construction of new facilities and new academic initiatives, it also regularly accepts more modest gifts, which can be as small as $1.
Harnessing the volatile effects of globalization will demand collaborative changes to the bureaucratic system that currently governs international diplomacy, former head of the World Trade Organization Pascal Lamy argued in a lecture on Wednesday evening. Lamy outlined the various effects of globalization before describing possible avenues — Westphalian, neo-, post- and a-Westphalian — that could be taken to improve the international cooperation system, which he said is “weak” at addressing modern global issues. The lecture included ideas discussed in "Now for the Long Term,"a report released by the Oxford Martin Commission for Future Generations, to which Lamy recently contributed. Although increased globalization improves market efficiency and therefore carries great potential for growth and welfare, the benefits of a more integrated global market are “intrinsically connected” to its deficits, including increased inequality, resource depletion and contagion, Lamy explained. “It works because it’s painful, and it’s painful because it works,” he said of globalization, a tradeoff that characterizes the need for global governance. “The international system at the moment is not up to addressing the challenge,” he added. Lamy began by describing the Westphalian approach to international order, which is exemplified by the United Nations, where countries act as sovereign individuals and attempt to construct a common set of international laws. Lamy described the approach as “slow, painful” and “subject to formative diversity,” as sovereign nations inevitably disagree on establishing universal laws due to differences in “ideological, spiritual and cultural approaches to problems.” Lamy then described the neo-Westphalian approach, which does not focus as much on binding nations together through the rules of law and is therefore sometimes more efficient.
Democratic incumbents Patrick Simon and Jenny Crumiller were re-elected to the Princeton Council on Tuesday over Republican Fausta Rodriguez Wertz,Princeton Patch reported. Rodriguez Wertz would have been the first Latina on the Princeton Council, but she only received 2,173 votes compared to the 4,190 and 3,971 votes won by Simon and Crumiller, respectively. Crumiller, who was a member of the Princeton Borough Council, told the Patch that her priorities include affordable housing programs, keeping municipal property taxes in check andconcentrating the police force through "right-sizing," which reduces numbers through retirement and attrition.
Over 200 graduate students have signed a petition protesting the demolition of Butler Apartments under the University’s Housing Master Plan. The petitiondemands increased transparency and communication about graduate housing from the administration.The petition expresses disapproval of what students see as a current lack of on-campus housing options, citing excessive pressures placed on older students, whose stipends are ending, and Princeton’s limited housing market as factors that will undermine the unique graduate community.“The closure of Butler Apartments without specific plans for reconstruction is imprudent, unnecessary and ignores the needs of graduate students with limited income, with pets or with partners and/or children,” the petition reads.
This week, students in CHV 310: Practical Ethics face an intellectual question with real-world consequences: Which of several charitable causes is most worthy of their support?
In a race that ended as lopsided as it started, Republican incumbent Chris Christie defeated his Democratic challenger, New Jersey State Senator Barbara Buono, by a margin of 60.5 percent to 38 percent with 98 percent of precincts reportingin the Nov.
A number of University websites, including Blackboard, were down Tuesday afternoon due to a firewall issue. The services were restored in the evening, although the specific problem remains to be identified, University Spokesperson Martin Mbugua said. Blackboard, campus printing and PeopleSoft, the parent service that hosts SCORE and other administrative services, became unavailable during the outage, Mbugua said. The University’s Undergraduate Office of Admission, Office of Information Technology, TigerApps and Office of the Dean of Undergraduate Students websites were all reported down. The Princeton homepage was available throughout the outage. The OIT website reported an Internet connectivity outage between 2:50 and 3:04 p.m.
The town of Princeton has received a AAA bond rating from the financial services firm Standard & Poor’s, its first credit rating since the Borough and Township consolidated in January, The Times of Trenton reported.
For the third year in a row, the University will accept applications after its Nov. 1 early action application deadline, this time due to technical difficulties with the newly revised Common Application, according to a press release posted on the University’s Office of Admission website and announcements via its Twitter and Facebook last week. The technical problems, which ranged from an inability to submit payments to formatting difficulties, caused over 50 schools with Nov.
Professor of operations research and financial engineering Robert Vanderbei was named a fellow of the American Mathematical Society on Monday. The fellowship honors those who have made outstanding contributions to the advancement of mathematics.AMS honored Vanderbei for hiscontributions to linear programming and nonlinear optimization problems, the organization said.
A suit challenging the University’s decision to move the Dinky station as part of its development of the Arts and Transit Neighborhood went to court on Friday.
When Franklin Odo ’61 GS ’75 bickered the Ivy Club, he alluded to the beaches in his native Hawaii and hinted that he had surfed its waves.He got into Ivy but had never really surfed.
Princeton Theological Seminary installed its seventh president, Dr. M. Craig Barnes, on Oct. 23, Town Topics reported. Barnes is a professor of pastoral ministry. The installation ceremony took place in the University Chapel and included delegates from institutions of higher learning all over the world.
Faculty, administrators, staff and researchers affiliated with the University and the Princeton Plasma Physics Laboratory gave largely to New Jersey State Sen.
Supreme Court Justice Sonia Sotomayor ’76 and Association of American Universities President Hunter Rawlings III GS ’70 will be presented with the University's top alumni honors at Alumni Day onFeb.
The movement to reform the American education system is realizing the opposite of what it intends to do, Diane Ravitch, former U.S.
Supreme Court Justice Sonia Sotomayor ’76 and Association of American Universities President Hunter Rawlings III GS ’70 will be presented with the University's top alumni honors at Alumni Day onFeb.
The Turner Construction Company, the University’s contractor to develop the Arts and Transit Neighborhood, did not request a demolition permit from the town construction department to remove the canopy of the former Dinky station.
