Word: cheaping
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They do, however, in restaurants. Soft drinks are now delivered in one-liter cups, observes Judith Stern, vice president of the American Obesity Association. Even the venerable Joy of Cooking has capitulated to the trend; recipes that used to provide meals for six now feed only four. So cheap are carbohydrates and fats that supersizing costs the food industry next to nothing...
There is a simple economic explanation for why many of China's cities have become shrouded in gray clouds of dust: it's cheap to pollute. Millions of Chinese drive mopeds and old automobiles that don't have catalytic converters, and much of the nation's electricity comes from coal-fired power plants. Technology from the 1950s, after all, is at bargain-basement prices. But that's because the prices don't reflect the hidden costs of air pollution: deaths from lung illnesses and millions of dollars wasted on health-care bills and lost worker productivity. The situation...
What could be better for the environment than a cheap, simple way for farmers to double or triple their output while using fewer pesticides on less land? According to Rockefeller University environmental scientist Jesse Ausubel, if the world's average farmer achieved the yield of the average American maize grower, the planet could feed 10 billion people on just half the crop land in use today. Of course it's possible that some genetically modified foods may carry health risks to humans (although none have so far been proved in foods that have been brought to market...
...their successes, the partners of TPG have had their share of flops. They bought several confectionary businesses, including part of Kraft Foods' candy division for which they paid $200 million in 1995. The candy investment was bankrupt by 1999 because they failed to anticipate a flood of cheap competing products from Mexico. Their attempt to turn catalog clothier J. Crew into a bricks-and-mortar retailer resulted in an identity crisis that has alienated loyal customers...
HOMETOWN HANKERINGS Nanjing boasts some of the best universities in China and a sizable population of foreign students. As a result, there is also a great demand for cheap, Western-style food. I know because, six years ago, I was one of these culture-shocked scholars myself. At that time, the only Western choice available was McDonald's. What we would have given for the Skyways Bakery in my day! This inconspicuous caf? and deli is tucked among the Chinese restaurants and vendors lining West Hankou Street, offering classic homesickness remedies such as roast beef sandwiches and Italian ice cream...