Independent
University choice: The cost of getting it wrong
The wrong choice of university can cost a great deal in terms of getting a highly paid job. Research by the London School of Economics (not yet published) suggests that the wage returns for graduates from a top-ranked university can be as much as twice as high as the returns for a graduate from a more lowly ranked institution.
http://www.independent.co.uk/news/education/higher/university-
choice-the-cost-of-getting-it-wrong-875472.html

Lessons in worth
British universities are beginning to respond to student concerns about value for money in the era of top-up fees. We know because Manchester University and now the London School of Economics are putting more emphasis on teaching. At the LSE, where more than half the undergraduates are from overseas, and therefore paying through the nose for their degrees, a £2m push has been announced, which involves recruiting more lecturers and rewarding good teaching. The LSE consciously took a leaf out of Harvard's book. How long before other universities realise that it is in their interests to do the same?
http://www.independent.co.uk/news/education/higher/leading-article
-lessons-in-worth-875470.html

Daily Telegraph
Crossrail has a tough journey ahead
The Department for Transport's press release noted that Gordon Brown had announced last October that ‘a £16bn funding package had been secured’ to build Crossrail. How secure is a moot point. Says Tony Travers, of LSE: ‘We have got to the end of the parliamentary process, but I would still say the money is some way from being in the bag.’
http://www.telegraph.co.uk/money/main.jhtml?xml=/money
/2008/07/24/cnrail124.xml

THE
I can help you change your life
Take the biggest prize of all, personal happiness. Lord Richard Layard, founder-director of the LSE Centre for Economic Performance - and former government ‘happiness tsar’ - is a man on a mission. In his book Happiness: Lessons from a New Science (2005), he brings together vast quantities of research on why we don't feel better and what we can do about it. But despite the 25 pages of references, it is aimed firmly at a popular market.
http://www.timeshighereducation.co.uk/story.asp?sectioncode=
26&storycode=402894&c=1

Forbes
Berlusconi Sneaks His Skeletons Past Italy
Italian prime minister Silvio Berlusconi has picked a good time to push through laws that grant him freedom from prosecution. With Italy hurtling toward a recession, consumers might find it hard to get worked up about corruption scandals that already seem like ancient history.
‘As long as Italy is struggling economically, people are more bothered about someone who seems to have the answers than the rule of law,’ said Jonathan Hopkin, of LSE.
http://www.forbes.com/markets/2008/07/23/berlusconi-italy-corruption
-markets-equity-face-cx_ll_0723autofacescan02.html

Financial Times
Ambitious rail plan finally leaves sidings
Crossrail, which becomes a wholly owned subsidiary of Transport for London from today, will recruit a chief executive to take over from Douglas Oakervee, the current executive chairman. Four non-executive directors were yesterday appointed to the board. They are Michael Cassidy, Patrick Crawford, Sir Joe Dwyer and Heather Rabbatts. Ms Rabbatts is a former governor of LSE.
http://www.ft.com/cms/s/0/4fb35f16-5918-11dd-a093-000077b
07658.html?nclick_check=1

Guardian
Obituary: Christine Russell
Christine attended Newark high school, studied English at Manchester University (1960-63) and social administration at LSE (1963-64).
http://www.guardian.co.uk/theguardian/2008/jul/24/3

Late-edition headlines

Evening Standard
A long struggle but it will change London forever
Article by Tony Travers, director of the Greater London Group at LSE.
http://www.thisislondon.co.uk/standard/article-23519657-details/Comment%
3A+A+long+struggle+but+it+will+change+London+forever/article.do

Scotsman
Forcing people to work for benefits will do nothing to alleviate poverty
A 2006 report from LSE said: ‘There are more mentally ill people on incapacity benefits than the total number of unemployed people on benefit," but that "only a quarter of those who are ill are receiving any treatment’. Instead of giving people the help they need to recover, Labour wants to torture them until they stop claiming benefits.
http://thescotsman.scotsman.com/letters?articleid=4313810

Voice of America
Arrest of Radovan Karadzic: Why Now and Who's Next?
The question remains, who decided it was time to give Karadzic up. Balkan analyst Svetozar Rajak at LSE says while the government may not have had time to organize the operation, some individuals could have. ‘We know that the outgoing head of the intelligence services, Mr. Bilatovic was praised in the past even by Carla del Ponte [former prosecutor of the International Criminal Tribunal for the former Yugoslavia] as cooperating with western intelligence services in pursuing and trying to apprehend both Karadzic and [Ratko] Mladic,’ said Rajak.
http://voanews.com/english/2008-07-23-voa43.cfm

Derby Evening Telegraph
Bank split three ways on interest rates
Oxford-educated Mr Besley is also a part-time professor at LSE alongside his duties on the MPC, which he joined as an external member in September 2006. He has since gained a reputation as one of the more 'hawkish' members of the committee alongside Andrew Sentance, although today is the first time he has voted differently from Dr Sentance. In his time on the MPC, Professor Besley has voted for nine interest rate hikes, but only four of these were agreed on by the majority of the committee.
http://www.thisisderbyshire.co.uk/companiesandmarkets/Bank-split
-ways-rates/article-232982-detail/article.html

El Pais
Leonid Hurwicz, economista y matemático
Obituary of LSE alumnus Leonid Hurwicz.
(Source: Lexis)

LSE people on TV/Radio

BBC World Service
International Business Analysis
Linda Yueh, associate of CEP, was interviewed on China’s economy slowing down.

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