Word: accounting
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...book begins by openly challenging the model for daily life in the Soviet Union in a series of stories that emphasize the various shortcomings and irrationalities of the Soviet regime. “Paris Lost” by Wladimir Kaminer is the account of a counterfeit Paris, built by the Soviet government as part of a program to supposedly send some of the nation’s most productive workers on a free vacation to the European center of culture. Of course, they couldn’t possibly do this in reality—after all, capitalist temptations were lying...
...discovered the ingredient in some obviously sweet places, like Kellogg’s Frosted Flakes and Schweppes ginger ale. But it also appeared in Heinz Ketchup, KC Masterpiece Barbecue Sauce, and Wishbone Italian dressing. It’s safe to say that most Americans don’t account for ketchup and salad dressing when keeping track of their sugar intake. Sweetsurprise.com lists multiple places where high fructose corn syrup serves a purpose: in breads, canned and frozen fruits, yogurt, spaghetti sauces, and beverages. Who knew...
...There are 100,000 primary-care physicians in the U.S. today, but they account for only a third of all doctors; the other two-thirds are specialists. The ratio, say most experts, should be at least 50-50, as it is in countries like Canada. But the number of U.S. medical students opting for primary-care careers has plummeted 52% over the past decade, according to the American Academy of Family Physicians. Fewer than 10% of the 2008 graduating class of medical students opted for a career in primary care, and only 42% of residency positions for family medicine...
...know the 401(k) is not working? Only about 50% of Americans have 401(k) accounts. So not enough people are participating. But even among those that do, the amount of savings that the 401(k) is producing is not nearly enough. The average account has enough to live on for a few years at best, not nearly enough to fund a full retirement...
...think it was the detail of you not having a bank account while serving as Ireland's Minister of Finance that startled people. How could the Minister of Finance not have a bank account? Yeah. Of course I had several bank accounts but they were in my wife's name and my name. I didn't have one in my own name. If I ever thought that I was going to be questioned about it, the guys that gave me loans - all I had to do was get them to do a sheet of paper saying this...