Word: digitization
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Dates: during 1990-1999
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Compensation for Harvard's team of investors atHMC is often sharply criticized by those who thinkthat a not-for-profit corporation should not bepaying seven-digit salaries--no matter what theline of work...
...socialist capitalism beginning in 1993. Paramount Leader Deng Xiaoping's invocation for the Chinese to get rich quick had touched off a frenzy of entrepreneurialism that threatened to engulf the country in inflation and debt. Zhu was given the job of cooling down the economy without dampening the double-digit growth in GNP. He did so by making himself head of the central bank and sharply curbing various abuses, including out-of-control bank lending to local enterprises. Inflation has since declined, from 24% to 1%, and China has thus far avoided the excesses that have defanged the Asian tigers...
...road between was hardly a smooth climb. Ronald Reagan gave the U.S. a heady draft of optimism while reversing the direction of government policy, recasting social programs and cutting taxes. Unmatched by spending reductions, however, those cuts sent deficits soaring to unheard-of highs, and the double-digit inflation of 1980 was cured only by double-digit unemployment...
Thompson scored a season-high 11 points and helped the Knicks pull ahead for good in the second quarter. Cummings had a season-high 18 to help New York maintain a double-digit advantage the rest...
Under the new emergency alert system, when a caller dials the final digit in 911, the name and address of the phone line's owner appear immediately on the police computer...