Word: airport
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Dates: during 2000-2009
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...Busted Dream Juan Puig embodied the Florida dream, proving that an ordinary guy with moxie could make a fortune and enjoy the high life by selling the dream to others. A Cuban immigrant, he started his career as a janitor and then a baggage handler at the Miami airport, living in a Hialeah apartment without air-conditioning, peddling sunglasses to co-workers on the side. In the 1990s, he discovered real estate, rehabbing and selling a few foreclosed duplexes, then developing town houses and branching into condo conversions as the market went nuts. He soon built a statewide empire with...
...owns a resource, we tend to overuse it--winding up with polluted skies, fished-out oceans and battles over access to freshwater. But too much ownership leads to problems too. A pharmaceutical company is stymied by a web of patents and doesn't make a drug. An airport can't buy land for a new runway to ease congestion because dozens of people own slivers of property. A production house, faced with a mishmash of music-licensing rights, keeps an old sitcom from...
...better ways to aggregate it. Consider the patent pool created in 1917 that let airplanemakers swap technology and share profits without threat of litigation. For property use, Heller imagines something like a co-op board for landowners. Suddenly, there's someone in charge to talk to--and maybe that airport gets its runway...
...absence of fear - it's inspiring others to move beyond it In 1994, during the presidential-election campaign, Mandela got on a tiny propeller plane to fly down to the killing fields of Natal and give a speech to his Zulu supporters. I agreed to meet him at the airport, where we would continue our work after his speech. When the plane was 20 minutes from landing, one of its engines failed. Some on the plane began to panic. The only thing that calmed them was looking at Mandela, who quietly read his newspaper as if he were a commuter...
...this particular sweaty sketch-fest is far removed from the blowouts I’ve hosted in my Kirkland suite or in the basement of my house in Queens. I’m in Seoul, but if it weren’t for the Korean welcome signs at the airport, I might never have guessed...