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Except, of course, if they aren't. We now have ample evidence of how that comes to pass...
...There's little doubt the coin is in good shape. A series of interest rate cuts in recent months "are starting to work in a way they aren't in other economies," says Dale Thomas, head of currency management at London's Insight Investment Management. That makes it unlikely Norway's central bank will need to revert to quantitative easing, the modern-day equivalent of printing money that's currently in fashion from the U.S. to the U.K. (See pictures of the printing of money...
...this bargaining phase don't make any sense from the customer viewpoint," he told me recently. "Anything that falls into the category of 'the web doesn't pay well enough and so we need to gin up some alternative that will pay better' is going to fail - people aren't stupid." All that remains, he said, is Depression and Acceptance...
...Gilbert and his co-authors from Harvard and the University of Virginia say the findings aren't altogether surprising. People all over the world share similar reactions to stimuli; common evolutionary "physiological mechanisms" would explain why people, regardless of culture or belief, generally prefer "warm to cold, satiety to hunger, friends to enemies, winning to losing and so on." The authors write, "An alien who knew all the likes and dislikes of a single human being would know a great deal about the entire species...
...this?" says Salvatore LaSpada, chief executive of the Institute of Philanthropy in New York. Now, however, partly due to pressure from shareholders and board members demanding tangible results, businesses are favoring programs like Unilever's Shakti that aim to improve the world while boosting profits - or at least aren't perceived to be wasting money. During the recession, "a lot of activities will be linked to how companies can do business differently rather than just philanthropic giving," says Penny Fowler, who heads Oxfam's private-sector-advocacy team. "And that could be a good thing...