Word: forde
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...smart, practical fellows who cared about the environment -- could develop a process to burn coal cleaner and at a price that was competitive with Middle East oil, they could help fill a national need and win themselves a place alongside great American inventor-entrepreneurs like Thomas Edison, Henry Ford, Alexander Graham Bell and Thomas Watson. And maybe strike it rich in the bargain. After all, that's the American Dream...
...American Dream is not so easy to achieve these days. In the century since Edison, Ford, Bell and Watson turned simple ideas into products and technologies that transformed society, entrepreneurship in America has become more complicated, less nimble. In capitalism's grand struggle between risk and reward, the forces of caution and liability have subtly, sadly, gained the upper hand. It is not enough just to have a good idea. These days one must know the intricacies of corporate finance, government regulation, patent protection, pricing strategy and sophisticated marketing. And even then, in the utility industry anyway, resistance to change...
...would hope that business would be more experimental and more flexible," says Sidney Wertimer, recently retired professor of economics at Hamilton College and an early investor in Otisca. "Sure, we've made mistakes. I think probably somewhere along the line Henry Ford and Thomas Watson made a mistake...
...ROBERT BORK has anything to say about it. Judge Bork, a Supreme Court nominee who was spurned in 1987, will argue her tax-fraud case before the Second Circuit Court of Appeals in New York City at the end of the summer. As Solicitor General for Presidents Nixon and Ford, he spent four years arguing cases before the Supreme Court. But why would a distinguished legal scholar and jurist want to take an assignment like the Helmsley case? Explains the judge: "In the law, it's where the rubber meets the road...
...other two employees listed on the documentsfiled with the State were Ford Professor ofBusiness Administration Michael C. Jensen andBaker Professor of Administration Robert C.Merton, who each earned $182,662 this past year...