Word: ethics
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White's work ethic translated into confidence. And her confidence is contagious...
...spend an honest day's work trying to renovate the companies they attack. Yet lo and behold, this widely feared raider is proving a breed apart from the other fast-buck operators. He rolls up his sleeves. Icahn, 51, is a quick learner who is imposing his no-frills ethic on some of the largest and most troubled U.S. corporations. Right now, the unflappable Icahn (estimated net worth: $700 million) is simultaneously juggling three daunting turnaround projects: the born-again TWA, the bankrupt Texaco and the resurgent USX. Icahn's demonstrated management know-how has made him perhaps the most...
...garden of the '60s, when the young were "forever young," as Bob Dylan's later anthem said, fierce and primal juices fired through the nerves. Complexity fell away. Deferrals of pleasure and deferences to age, the old Confucian virtues that had made their way into America through the Protestant ethic, blew away at the concussion of youth. "Don't trust anyone over 30" became the slogan of the conspiracy...
...will we in the West do?" observes Pietri of International Aid Against Hunger. "We will end by choosing the most costly, screwed-up solution that benefits the least amount of people, and we'll do it in a spectacular way." But just how much real choice is there? "The ethic is an absolute one," says Daniel Callahan, director of the Hastings Center, a New York-based institute that studies moral issues. "The price of not providing aid is a basic denial of humanity, far greater than the possible political damage. It may indeed help a corrupt and totalitarian regime...
After World War II, government policy continued to reinforce the saving ethic. In a mirror image of the U.S. system, interest income in Japan is exempt from taxation, while interest payments on loans do not qualify for tax credits. The Japanese have always saved, rather than borrowed, to finance such major purchases as cars or houses...