Word: doneness
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...Schiff, 46, is not just some opinionated boor. He possesses a self-awareness that renders him a bit less obnoxious than I've described, and he happens to have done a better job than just about anyone else of forecasting in 2006 and early 2007 what was about to happen in U.S. financial markets. This wasn't a broken-clock-is-right-twice-a-day thing: Schiff appeared on the national scene just as the credit bubble was reaching maximum inflation and offered a critique of the nation's unsustainably debt-fueled economic trajectory that is now--after the fact...
...views. But there's a thriving line of academic research showing that including divergent opinions and models of how the world works makes groups better at solving problems. Our society failed spectacularly this decade at solving the problem of how to price houses and mortgage bonds. It would have done better if people had paid more attention to skeptical voices like Schiff's. "The fact that he was right this time doesn't mean he's going to be right the next time, but somebody will be," says University of Michigan social scientist Scott Page. "All models are wrong...
...apologizing for Republican mistakes of the past is now officially over. It is done.' MICHAEL STEELE, Republican National Committee chairman, during a speech to fellow GOP leaders about the party's future...
...Wang who lives nearby. Authorities haven't completed their investigations, but there's no denying the delays. A banner at the mouth of the tunnel announces a completion date of October 2008. "This project has been a disaster for us," says Wang. "We would be lucky to have it done by this October...
...below 2005 levels by 2020. It faces an uphill battle in Congress, opposed by nearly all Republicans and many Democrats from coal-dependent states. Pushing it through will require an act of political will, but while Obama has praised the controversial bill, some environmentalists complain the White House has done too little behind the scenes to defend it. "The world was hopeful that Obama would care about global warming, but he has been completely missing in action on this," says Phil Radford, executive director of Greenpeace...