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...Karen Ho got a job on Wall Street. The student of anthropology, who would later go on to get her Ph.D., was fascinated by how even in the midst of an economic boom, corporate downsizings were rampant - and how each time a company announced a major layoff, its stock rallied. What she found from her perch at Bankers Trust - and later in interviews with people at firms such as Morgan Stanley, Merrill Lynch, Lehman Brothers, Goldman Sachs, JPMorgan, Salomon Brothers, Kidder Peabody and Lazard - was that it wasn't just an ideological commitment to boosting shareholder value that drove decisions...
...easy enough to name the great horses: Secretariat, Seabiscuit, Affirmed, Alydar. Now name the men who rode them. When you've got almost 1,000 lb. of magnificent thoroughbred thundering along a track, it's hard to pay much mind to the little man riding on his back...
...have second thoughts before you set sail? Not really. I just wanted to rush into it. It was really busy when we were getting the boat ready to go. We were working 16-hour days for four months. I finally got out there into the Pacific, and it was a pretty crazy feeling. I was alone for 23 days in the first passage to Hawaii. (See photos of an eco-voyage to the seven continents...
What did you miss the most during these stretches? I really missed my friends and family quite a bit on the first leg, over to Hawaii. That was pretty hard. After the trip wore on a bit, I got kind of used to being alone. I made tons of friends all over the world. It becomes easier to say goodbye and move...
...hear a lot about "bending the curve." What are the most effective ways to lower the overall costs of American health care? First, you've got to integrate payment and provision of care. Everybody talks about preventive medicine, but almost nobody does it because there's no payback. A private practitioner invests money in preventive care and the hospital benefits. They're not connected. Second, pay people - particularly primary-care providers - for taking good care of patients without rewarding doctors for doing more and more and more. That's what the system is currently based on. The more...