Harvard is the one institution in the Commonwealth that can afford the counter-cyclical spending we need if we are to recover from the current economic crisis. Harvard should put its resources into helping the recovery not timidly draw back behind its Cambridge walls.
Being altruistic is not the only reason that Harvard should press on with the development. The Science Complex will cost a lot less now than it would in a few years time after the recovery is in full swing.
Take the risk Harvard! Spend some of that endowment -- it is only about 4% -- for the good of Harvard, the region, and the country.
Sent to Boston Globe
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