Word: complexity
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Dates: during 2000-2009
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...None of this is simply academic theorizing. One year on, public fury about the massive banking bailouts continues to drive calls for greater oversight and regulation. Much of the outrage is directed at bankers who earned huge bonuses by taking outsized risks with complex financial instruments, only to walk away scot-free when their bets went awry, plunging the world into crisis. Bonuses are just one aspect of the larger issue of moral hazard that has been raised over the past year, as governments and central banks have spent tens of billions of dollars of taxpayers' money to rescue financial...
...chance of surviving editors' scrutiny. Over time, though, a class system emerged; now revisions made by infrequent contributors are much likelier to be undone by lite Wikipedians. Chi also notes the rise of wiki-lawyering: for your edits to stick, you've got to learn to cite the complex laws of Wikipedia in arguments with other editors. Together, these changes have created a community not very hospitable to newcomers. Chi says, "People begin to wonder, 'Why should I contribute anymore?'" - and suddenly, like rabbits out of food, Wikipedia's population stops growing...
...complacency. Consider the financial reforms that Obama's Administration wants to push through Congress: the big ones are creating a Consumer Financial Protection Agency, giving the Federal Reserve the job of systemic-risk regulator and establishing a "resolution regime" to wind down troubled nonbank financial institutions (like Lehman) and complex bank holding companies. Steps in the right direction? Probably. Truly major reforms? Not so much--and even they may not win congressional approval...
Maybe it is a testament to Flyby's inexperience with the multi-building complex that is Adams House, but finding the house's gym along a subterranean path filled with beautiful murals was nearly impossible. After asking for directions, Flyby finally found the two-room gym, which is in the house's basement nearby the Mt. Auburn Street entrance. While Adams' is the only house reviewed today that split its cardio and weightlifting equipment, the layout failed to give this prison-like gym a sense of space. Instead, it felt hot and cramped...
...desire to do the same. His seemingly infinite naïveté parallels our own; his paranoia is ours; and when revelations unfold, they’re for us, not just Chase. But in spite of this gambit, and the inherent ambition behind any setting as complex as this one, Lethem spoon-feeds the reader tropes from contemporary literature instead of developing anything uniquely satisfying, rendering “Chronic City” otherwise insubstantial.The novel begins as Insteadman’s meets one Perkus Tooth, an aging, roving-eyed rock critic and strikingly disparate figure whose hovel on 84th...