Word: friedrich
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Consider the LCDs on our watches, cell phones, PDAs, laptops and, increasingly, TVs. Liquid crystals were discovered in 1888 by Friedrich Reinitzer, an Austrian botanist, and named a year later by Otto Lehman, a German physicist. Since then, they have taken a leisurely route to our homes. The first prototype display emerged from RCA's Sarnoff Research Center in 1968. Two years later, Optel began producing the first watches with an LCD. I first got a computer with an LCD (an Apple Portable) 15 years ago. The road from discovery to mass market took about 116 years...
Written by Swiss playwright Friedrich Durrenmatt during the Cuban Missile Crisis of 1962, the play takes place in a world where “technology and information can end everything in a single moment...
...Sanofi-Synthelabo, neither of which is state-owned, to thwart takeover plans by Swiss rival Novartis. "I'm conservative, liberal-inclined and I believe in market economics," Sarkozy says. "But when an issue lands on my desk, I don't spend time wondering what [David] Ricardo, Adam Smith or [Friedrich] Hayek would have done. Ideologies have been replaced by principles of realism and pragmatism, and I don't rule out the possibility to intervene when intervention is called for." Last month Sarkozy was in interventionist mode when he contended that low corporate tax rates in the European Union...
...should markets be better forecasters than polls? Economist Friedrich von Hayek argued that markets efficiently gather information held by widely dispersed people, summarizing it in the form of prices. In speculative markets, traders and bettors are rewarded only if they correctly predict future prices. That, Wolfers says, motivates them to get the best information they can, ignoring trivia and trends. "The market seems pretty highly attuned to news that affects the election outcome," Wolfers says. "That's not always the same as what the papers report. The market is unlikely to react to things like party conferences and policy speeches...
Surowiecki's thesis posits an uncanny and generally unconscious collective intelligence working not by top-down diktat but rather in dynamic arrangements of what the economist Friedrich Hayek called "spontaneous order." Surowiecki cites the giant flock of starlings evading a predatory hawk. From the outside, the cloud of birds seems to move in obedience to one mind. In fact, Surowiecki writes, each starling is acting on its own, following four simple rules: "1) stay as close to the middle as possible; 2) stay 2 to 3 body lengths away from your neighbor; 3) do not bump into any other starling...