Word: flows
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...McCulley, an economist and portfolio manager at bond giant Pimco, defines it like this: "If we all individually cut our spending in an attempt to increase individual savings, then our collective savings will paradoxically fall because one person's spending is another's income--the fountain from which savings flow." (See the top 10 financial collapses...
...unlike Vargalas’ own task—for elusive traces of truth that, when lined up, still appear mismatched. The hunt is a fascinating one, and winds through a phantasmagoric suspension of reality that tumbles along chaotically in one moment only to freeze in the next. This halting flow is a product of Gavelis’ own vivid and organic style, which takes a simultaneously sexualized and ebullient look at the human condition in a city that is ultimately at fault for “Their” presence. In doing so, Gavelis holds a mirror to Lithuania?...
...activated areas of the brain receive more blood and more oxygen, the optical properties [of the brain tissue] change," says Luu. "This allows us to infer the pattern of activity beneath." As it turned out, they inferred very well. Blood flow was not a perfect predictor, but fully 80% of the time, the pattern on the brain monitor did suggest the preferences the subjects had indicated earlier...
Still, there are bugs to overcome. Since strong dislike may excite blood flow as easily as strong like, it is important to first run a few preliminary infrared scans to determine the particular blood-flow signature of a person's brain, and then to calibrate the computer accordingly. That, however, is a relatively easy tweak, no more complicated than customizing voice-recognition software to individual users. "It's really just a matter of refining the algorithms," says Chau. "We envision this at the very least as a preference detector that allows people to direct their own care...
Engineering Professor Howard A. Stone is one of 65 newly-elected members of the National Academy of Engineering, according to a NAE statement released Friday. Stone was inducted for his research in viscous flow fluid dynamics, and joins 17 other Harvard professors who are currently members of the society. According to fellow NAE member and engineering professor John W. Hutchinson, Stone’s election reflects the quality of the Harvard engineering faculty, and in particular, the significance of his research. “His election is an honor especially for someone as young...