Word: greatness
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...when he describes his 370-page whopper of a cookbook as "by no means exhaustive," you take it with a pinch of salt. Actually, make that a splash of fish sauce. For this is Thai Street Food, Thompson's passionate and meticulous tribute to one of the world's great curbside cuisines. Thais not only snack between mealtimes, they snack between snacks. And who wouldn't, when almost every street is what Thompson calls a "delicious obstacle course...
Over the past few years, however, there's been a Saarinen reappraisal. Set free by computer-aided design, contemporary architects like Santiago Calatrava, Frank Gehry and Zaha Hadid have moved quite a distance from Modernist orthodoxy. And a great deal of Saarinen's work, especially his adventures in fluid geometry, today looks as if it's the predecessor of theirs. It's easier now to regard his expressive buildings as a principled attempt to reconcile the Modernist drive to purify and clarify with the abiding human desire for something that strikes other, warmer and no less essential chords. (See pictures...
...always thus. "One reads with dismay of Presidents Hoover and then Roosevelt designing policies to combat the Great Depression of the 1930s on the basis of such sketchy data as stock price indices, freight car loadings, and incomplete indices of industrial production," writes the University of North Carolina's Richard Froyen in his macroeconomics textbook...
...other direction - unemployment had held steady, but employers reported 85,000 fewer jobs. Suddenly the headlines were downbeat, and pundits were pontificating about the political implications of a stalled labor market. Chances are, the disparity between the two reports was mostly statistical noise. Those who read great meaning into either were deceiving themselves. It's a classic case of information overload making it harder to see the trends and patterns that matter. In other words, we might be better off paying less (or at least less frequent) attention to data. (See the worst business deals...
...Conference Board's forecasts," says Jan Hatzius of Goldman Sachs. (The leading-indicators index topped a similar survey by the Chicago Tribune in 2005, it turns out.) The monthly employment estimate put out by payroll-service firm ADP got two demerits, mainly because it doesn't do a great job of predicting the Labor Department employment numbers that are released two days later. And consumer-sentiment indexes, which offer the tantalizing prospect of predicting future spending patterns but often function more like an echo chamber, got the thumbs-down from two more forecasters...