Word: fractionization
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Manzano's once dominant share of the market for no-frills office swivel chairs has collapsed because Chinese producers churn them out with almost the same quality at a fraction of the cost. Now the Chinese are stepping up to more sophisticated chairs in wood and leather too. Talk about "the crisis" is ubiquitous in Manzano--even the executives of thriving companies are worried that the unique industrial fabric of the area is fraying. "We see people with tears in their eyes, not knowing what to do next," says Simone Focacci, manager of one of Manzano's three principal banks...
University of California spokesman Trey Davis wrote in an e-mail that the divestment would target between $29 million and $2.6 billion, a small fraction of the $66 billion endowment held across the system’s 10 campuses...
...build a modern, American-style house. That pile becomes a metaphor for the marriage and much else. The roof leaks. Plants die on the sunbaked veranda. And when the Japanese-made air-conditioning system breaks down, Shunsuke learns he could have had a superior American version for a fraction of the price. "What we've learned from the West is often in conflict with our traditions," he tells a colleague. "We suffer from the outcome of those conflicts in our homes...
...might not be able to otherwise find (example: Adios Amigo: A Tribute to Arthur Alexander featuring Mark Knopfler, Elvis Costello, Frank Black and Robert Plant). The service boasts a catalog with 10 times as many albums as iTunes. While this is true, in order to get at even a fraction of that music, you?ll have to play along...
...have lifelong impacts. They force many recent graduates to work for top dollar, making it far more difficult for them than it was for us to enter public service, teaching, the arts, or wherever else their ideals and education might lead them. Through the last decade, for just a fraction of what Harvard spent on fund manager bonuses, it could have frozen tuition at all its schools. For just a fraction of the recent (inflation-adjusted) growth in the endowment, Harvard could have forgiven the college and graduate school debts of all its recent graduates who chose to enter public...