Word: carrot
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...worked to their benefit," Greenspan explains. Was there any element of a threat in the calls, a suggestion that if the banks didn't play, perhaps Treasury would let Korea blow up to set an example? "There was no stick," Rubin says. "It was kind of a carrot," Summers explains with a giggle. "A variable carrot...
...these three men need a carrot at all? If markets work so well, why were they burning their vacations on the phone trying to convince central bankers 10,000 miles away that the world depended on a little self-restraint? The problem, the men say, is that the markets are encumbered by all kinds of imperfections. Even tiny flaws create problems. A Thai banker who breaks the rules by passing $100,000 to his brother-in-law puts the whole system at risk...
...combination of [dangling] a carrot and using a paddle," he jokes
...have recognized this as a parody of a familiar religious image--the parinirvana, or scene of the dead Buddha encircled by a crowd of his mourning disciples. You only need to try to imagine a Western equivalent to this--a deposition from the cross, say, with Christ as a carrot--to realize what a gulf lay between Buddhist and Christian attitudes. Part of Jakuchu's point is that his image is not merely blasphemous, and was not thought to be: radishes, like all other living things, have their Buddha nature. And yet it's funny--as much of a joke...
Closing out our portfolio of publishers: health nut Bernarr Macfadden (1868-1955), who used his first magazine, Physical Culture, as a vehicle for promulgating his views on carrot eating, cold-water bathing and frequent, vigorous sex. (He was for all three.) Largely for his fulminations on the last, his racy tabloid, the New York Evening Graphic, which specialized in covering violence and sex, became known as the "PornoGraphic." His legacy is with us even now: it was Macfadden who invented the "composograph" or composite photo, in which the heads of real people in the news are superimposed on the bodies...