Word: airport
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Today most people think that Doppler radar wind-shear-detection systems have been installed in every airport. In fact, only 16 are installed and working. Some $350 million worth of parts for Doppler wind-shear-warning radar (promised after a horrible 1985 crash in Dallas) moldered away when truckloads of equipment went to dusty warehouses instead of to the airports most in need. Other systems are installed but haven't been switched on. Seven of the remaining 47 scheduled for production haven't even been delivered...
...speak Mandarin or Shanghainese?” my mom asked our tour guide when he greeted us at the airport...
...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...