Word: cheapness
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...pieces don't come cheap. Stanley's multiple-edition giclées (i.e., prints on canvas) start in the vicinity of $1,600, while original acrylic paintings - such as his self-portrait in makeup with a studded leather collar - can go for as much as $50,000. Last year alone, he did an enviable $3 million in sales. (Take that, Yale MFAs.) But it's a somewhat ironic turn, given that Stanley failed his art classes when he was at the High School of Music and Art in New York City in the 1960s. "I'm a very hard worker...
...also making the stock market look more attractive - or at least less ugly - to investors. The S&P 500 has a price/earnings ratio based on trailing 12-month earnings of about 15. That compares with a 10-year average P/E of 21. So the market's current valuation looks cheap. But some financial stocks like Bank of America and Wells Fargo have P/Es of 7 and 5, respectively. Take those out, and the market looks more expensive...
...solution Park divined was to hitch South Korea's future to an expanding global economy. The country took advantage of its cheap labor to manufacture necessities like shoes and clothes to sell to consumers in the developed world, particularly those in the U.S. The strategy proved to be wonderfully efficient. It drew investment capital into the country, generating factory jobs for impoverished farmers, infrastructure to supercharge commercial development, and otherwise produced wealth South Korea could never have generated on its own. Eager to raise living standards in their own countries, Asian policymakers and businessmen to varying degrees adopted the same...
Wanna detoxify [Feb. 16]? run five miles a day. Cheap, clean, effective. And all natural too. David Hirsch, DALLAS...
...German capital, which this year commemorates the 20th anniversary of the fall of the Berlin Wall, has undergone rapid changes in the past few years. Right after the wall came down, there was an abundance of cheap living space, especially in the East, where dozens of abandoned apartments - and even entire apartment buildings - were just waiting for squatters to move in. Today most of the squats have been renovated and transformed into legal, more upscale housing. (See pictures of the Berlin Wall...