Word: governmentalize
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Perhaps the most stark ghost city is Kangbashi, in Inner Mongolia. Built in just five years, Kangbashi was designed to be the showcase urban center of Ordos City, a relatively wealthy coal-mining hub that's home to 1.5 million people. A public-works project worthy of Kubla Khan's...
A123 Systems is a window on how the government's multibillion-dollar electric-vehicle gambit is working. The company was founded at MIT in 2001 with a $100,000 Department of Energy grant. One of its early products was lithium-ion batteries for power-tool maker Black & Decker. Last year...
Sakti3 is another company trying to create a breakthrough. The company was launched a few years ago at the University of Michigan by an ambitious young engineering professor, Ann Marie Sastry. Sakti3 is developing solid-state (as opposed to liquid) lithium-ion batteries that Sastry believes will enable cars to...
And what if you, your siblings, parents, or friends fall ill? Before this reform, parents’ insurance plans could deny coverage to dependent children after their 18th birthday. Now, parental plans cover children until they turn 26. Before this reform, some healthcare policies allowed insurance companies to discontinue coverage...
Yet the bill that President Obama signed into law has implications for you beyond the health sector. The Student Aid and Fiscal Responsibility Act—an addition to the healthcare bill—enables students to receive loans directly from the federal government. This will cut out the middleman...