Word: concepts
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Ordinarily, the concept of greed isn't very useful in trying to understand the economy. We are all greedy. We'd all like more. The magic of capitalism turns our individual greed into general prosperity. But maybe an especially virulent strain of greed is spreading, something like bird flu. Maybe this is a greed so profound that it blinds its victims to their obvious self-interest. Maybe this greed can turn the brightest men into fools. It's hard to think of any other explanation...
...Rochester Institute of Technology in New York. It's not the same thing as repairing a broken part, which is often a short-term fix. In reman, once the disassembled bits are cleaned and reassembled, the result is as good as new. It's not a recent concept; Reman's roots go back around 100 years to the advent of the auto industry. And vehicle parts still comprise around 75% of the global market. But the industry is diversifying and picking up steam. "The growth potential for remanufacturing is enormous," says Günther Seliger, an engineer at the Technical...
...players." Christophe Decaix, manager of the reman program for auto-parts supplier Bosch, agrees: "There is definitely room for consolidation." Indeed, Cat recently acquired two rival operators: Wealdstone Engineering in Rushden, England, and France's Eurenov. Asia, meanwhile, may one day prove to be equally fertile territory, as the concept of remanufacturing is only just catching on there...
...this being settled out of court, both because of what's involved and even because of the psychological stakes on both sides. I don't see anybody who wants to settle out of court, which is too bad because every time these things do go to court, the concept of executive privilege gets winnowed down just a little bit more...
...buzz that Obama is finding new and creative ways to fuel, adapting to a world in which the concept of community has grown to include MySpace and Facebook. No campaign has been more aggressive in tapping into social networks and leveraging the financial power of hundreds of thousands of small donors. Nor has any other campaign found such innovative ways to extend its reach by using the Internet--more than $10 million of Obama's second-quarter contributions were made online, and 90% of them were in increments of $100 or less...