Word: businessese
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While it may seem odd that yakuza could be hit by budget cuts, they're not immune to government belt-tightening. The construction industry has always been the lifeblood of the yakuza-the gumi in Yamaguchi-gumi is also frequently used to denote construction companies. During Japan's bubble economy...
But many residents of these neighborhoods question the motives behind such ventures. "These projects are entirely for the bobos," says Michel Langlois, the Montmartre butcher, referring to bourgeois-bohemians - a distinctive breed of middle-class Parisians who, in recent years, have moved to traditionally poorer areas of the city to...
But many residents of these neighborhoods question the motives behind such ventures. "These projects are entirely for the bobos," says Michel Langlois, the Montmartre butcher, referring to bourgeois-bohemians - a distinctive breed of middle-class Parisians who, in recent years, have moved to traditionally poorer areas of the city to...
Writing from his Blackberry in India, Summers said that because of Athey’s work, “economists can study individuals and businesses with fewer straitjacket assumptions and so get a better understanding of their behavior.”
What he created, instead, was a system sometimes called nomenklatura capitalism, in which ex-party apparatchiks emerged as the new capitalists. The vast majority of newly privatized businesses were run and owned by the same coterie of managers who were in place before market reforms began, and by the late...