Word: dollarization
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Ranchers like the Taggarts are part of a growing revolt against industrial agriculture. With more consumers questioning how their food is grown and organic fruits and vegetables exploding into a multibillion-dollar market, grass-finished meat and dairy look like the next food frontier. In the past five years, more than 1,000 U.S. ranchers have switched herds to an all-grass diet. Pure pasture-raised beef still represents less than 1% of the nation's supply, but sales reached some $120 million last year and are expected to increase more than 20% a year over the next decade. Upscale...
...prices are listed is very important. "This is the No. 1 thing that most restaurants get wrong," he explains. "If all the prices are aligned on the right, then I can look down the list and order the cheapest thing." It's better to have the digits and dollar signs discreetly tagged on at the end of each food description. That way, the customer's appetite for honey-glazed pork will be whetted before he sees its cost...
...machine that’s such a well-oiled juggernaut,” in the words of one major donor—will not suffer despite the recent unrest.LOST IN TRANSITION Summers’ resignation in February means that the start of the University’s multi-billion-dollar capital campaign, slated to be the largest in the University’s history, awaits the selection of a permanent president to assuage donor uneasiness. Campaigns are the University’s most powerful tool for raising large sums of money for capital expenditures at the University. The most recent...
...Elmwood Hall,’ my house,” he deadpanned. And he asked all about my sister, my best friend but a bit of a rival. This was a detail he remembered a few months later when he signed a dollar bill for her, “Your brother is great, but you are better—Larry Summers,” which delighted her for months.During chats in his office, Larry was surprisingly frank. He never told me what not to take, but his enthusiasm for the courses he recommended was so strong that his guidance...
Linda J. Bilmes ’80 knows the value of a dollar. A lecturer in public policy at the Kennedy School of Government, Bilmes spends much of her time helping small towns balance their budgets, and she knows how cuts in federal financing can reverberate at a local level. Even the smallest amounts can make an important difference, she says. In Somerville, Mass., for instance, just an extra seven dollars allows another child to participate in an after-school basketball program.Doing this kind of local finance work, Bilmes says, “You see the connections between...