Word: foundedness
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???Raising the retirement age Delaying the age at which you could begin taking your full benefits is just another way of reducing them. When Social Security was founded in 1935, the typical retirement age was 65 and life expectancy was about 60. The retirement age was changed in 1983 to...
That's the position of John West, associate director of the Center for Science and Culture at the Seattle-based Discovery Institute. A nonpartisan but generally conservative think tank, the institute was founded in 1990 by George Gilder, a Nixon speechwriter turned technology evangelist (TIME in 1974 called him the...
That aha! has paid off. Soon afterward, in 2000, Grier co-founded Arryx, an optical-equipment company whose laser gear can grab, trap and move minute particles of just about anything. The firm expects to make a profit this year--impressive progress for a biotech start-up. Arryx is one...
Dahiyat and his professor may have the last laugh. In 1997 they founded Xencor, with Dahiyat in charge, based on the protein-creation process called Protein Design Automation (PDA) that they had refined on the supercomputer. If all goes as planned, in about a year Xencor will start human trials...
Similarly, Harren Jhoti left pharmaceutical giant Glaxo Wellcome (now GSK) in 1999 when he realized that his unconventional idea of how to find new drugs to attack disease-causing proteins might never be realized unless he pursued it himself. He founded Astex, based in Cambridge, England, so he could develop...