Word: chronical
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Dates: during 2000-2009
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...than a nicotine patch for 67 smokers trying to quit. ACT encourages addicts to accept the urge to do drugs and the pain that will come when they stop-and then to work on figuring out what life means beyond getting high. ACT has also been used to help chronic-pain patients get back to their jobs faster. But perhaps the most noteworthy finding was that 27 institutionalized South African epileptics who had just nine hours of ACT in 2004 experienced significantly fewer and shorter seizures than those in a placebo treatment in which the therapist offered a supportive...
...exception: the National Institutes of Health, whose budget doubled from 1998 to 2003. "Unless there's an emotional appeal, basic research is well beyond the time span of the next election," says Craig Barrett, chairman of Intel. "There is a very emotional attachment to research on cancer or chronic illnesses. It's much more difficult to say, What will the structure of the transistor look like in the next 15 years...
...Washington cannot solve alone. So what are the forces that will shape our uncertain world? Here are some that were on view in Davos. THE END OF CHEAP ENERGY At Davos, oil-company executives were quick to point out that the doubling of oil prices has not led to chronic shortages. Industries, families, whole economies (like that of Japan) have learned to be far less profligate in their use of energy since the price shocks of the 1970s. Fair point. Yet it is foolish to imagine that the end of the era of cheap oil will not have profound impacts...
...contain health-care costs? The thinking behind HSAs is that people will be prudent with the money because it's their own, not some insurance company's. Maybe, but that won't solve a big problem: at least 75% of U.S. health-care dollars go to treat those with chronic ailments. Getting the majority to spend their first few thousand dollars wisely won't help the ailing minority cut their astronomical costs...
...ahead of India. But the momentum is with the underdog: China dropped three places this year, while India moved up five, largely because of India's greater technological prowess. Both are marked down for corruption - a frequent refrain at Davos sessions this year - and a chronic lack of infrastructure. INDIA, says Michael E. Porter, a Harvard Business School professor and expert on competitiveness. China is exporting massively, but "it's still adding relatively little value," he says. Moreover, China's companies tend not to be very profitable, and there is a dearth of Chinese brands. By contrast, "India is further...