Word: concepts
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...When economists talk about such matters, they focus on the concept of productivity. "Productivity growth," wrote economist (and now Nobel laureate and New York Times columnist) Paul Krugman back in 1990, "is the single most important factor affecting our economic well-being." It was growth in productivity - most commonly measured as economic output per hour worked - during the Industrial Revolution that powered the rise of the West out of millenniums of stagnation. It was a productivity boom that ushered in America's postwar era of mass affluence...
...What this means is that while the guys that Harvard sends out on the field are pretty good, so are the ones watching them from the bench, a concept that has been put into practice this season, with injuries ravaging the Crimson’s wide receiver corps and uncertainty surrounding the secondary...
Every part on a new model has a team comprising a purchasing engineer, a design engineer and a quality engineer--called PDQ--in charge of taking that part from concept through production. "The three of them together act as a business," says Tony Stefanelli, Buell's senior platform director. "They're like entrepreneurs, developing a product that they sell back to Buell every day on the assembly line." Instead of handing off their work to the line engineers, Buell designers own their parts through the manufacturing process. "If your part design isn't working, you have to go over...
...reader to Pat’s side. Although it soon becomes very clear to the reader how (and with whom) the novel will end, there is still a certain amount of pleasure in seeing Pat discover this for himself. Nevertheless, Pat’s clumsy language, simplistic concept of the world, and frequent inability to understand others make him an odd—and ultimately unsatisfying—object for the reader’s sympathy. —Staff writer Rachel A. Burns can be reached at rburns@fas.harvard.edu...
...teach the first-year course ‘Leadership and Corporate Accountability,’ a class that has at its core the tension between financial successes and being ethical at the same time,” Grossman said. “Balancing this tension is a concept that has been with me for a long time, and is what I think about often.” THE BOTTOM LINE The study of social enterprise has continued to gain prominence in recent years at the Business School and other academic institutions as more students have become interested in making...