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Jo Freeman Writes: The Lost Promise, American Universities in the 1960s by Ellen Schrecker
Jo Freeman Writes: "This is a book about protests – which is the historical memory of what the 1960s was all about. It is also a book about professors. They are the prime subjects of the author’s chapters, even though students were often the prime actors. World War II made the difference. That conflict brought government money to scientists and the G.I. bill brought tuition payments to veterans. Money moved colleges and universities from being a finishing school for gentlemen to being a 'multiversity' where the 'knowledge industry' was a major source of revenue, progress, prestige and upward mobility."
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Librarian of Congress Names Ada Limón the Nation's 24th US Poet Laureate
“Ada Limón is a poet who connects,” Librarian of Congress Carla Hayden said. “Her accessible, engaging poems ground us in where we are and who we share our world with. They speak of intimate truths, of the beauty and heartbreak that is living, in ways that help us move forward.” Limón said, “This recognition belongs to the teachers, poets, librarians and ancestors from all over the world that have been lifting up poetry for years. I am humbled by this opportunity to work in the service of poetry and to amplify poetry's ability to restore our humanity and our relationship to the world around us." more »
Mississippi Author Jesmyn Ward: Winner of the 2022 Library of Congress Prize for American Fiction
“I am deeply honored to receive this award, not only because it aligns my work with legendary company, but because it also recognizes the difficulty and rigour of meeting America on the page, of appraising her as a lover would: clear-eyed, open-hearted, keen to empathize and connect,” Ward said. “This is our calling, and I am grateful for it.” One of the Library’s most prestigious awards, the annual Prize for American Fiction honors an American literary writer whose body of work is distinguished not only for its mastery of the art but also for its originality of thought and imagination. Ward is one of only six writers to receive the National Book Award more than once and the only woman and Black American to do so. more »
Board of Governors: Minutes of the Federal Open Market Committee June 14–15, 2022; Consumer Price Inflation Remained Elevated
Total nonfarm payroll employment rose solidly in April and May, though the pace of increase was slower than in the first quarter, and the unemployment rate remained unchanged at 3.6 percent. The unemployment rates for African Americans and for Hispanics were little changed, on net, though both rates remained noticeably higher than the national average. On net, the labor force participation rate edged down between March and May, while the employment-to-population ratio was unchanged. The private-sector job openings rate, as measured by the Job Openings and Labor Turnover Survey, edged lower in April but remained at a high level. Nominal wage growth remained elevated, with average hourly earnings having risen 5.2 percent over the 12 months ending in May, and the increases were widespread across industries. Consumer price inflation remained elevated. Total PCE price inflation was 6.3 percent over the 12 months ending in April, and core PCE price inflation, which excludes changes in consumer energy prices and many consumer food prices, was 4.9 percent over the same period. more »