Professor of Economics Caroline M. Hoxby ’88 resigns from the Katz Committee after accusing it of having a pro-living wage agenda. The committee, officially known as the Harvard Committee on Employment and Contracting Policies (HCECP), is charged with investigating the University’s wage and employment polices in the wake of the Mass. Hall takeover last spring.
Filling the vacancy left by last spring’s resignation of Provost Harvey V. Fineberg ’67, President Summers announces Steven E. Hyman as the University’s next provost. His appointment is seen by many as reinforcing Summers’ priorities on science—Hyman was the director of the National Institute of Mental Health.
Harvard discloses it is in the process of acquiring the Rowland Institute for Science. Located in Cambridge, this institute offers Harvard a large increase in available research space.