Word: happen
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...they are just effigies," Chris Knight, one of the march's organizers, told the BBC on Wednesday. "If he winds us up any more, I'm afraid there will be real bankers hanging from lampposts," Knight said, before adding: "Let's hope that that doesn't actually have to happen." A day later, the University of East London, which employs Knight as a professor of anthropology, suspended him. (See TIME's G-20 content...
...would like. The first is that regulations do not prevent people from acting rashly or dishonestly. Rogue traders can still lose hundreds of millions of dollars on an investment bank trading floor with a PC and access to their firm's capital. Inside trading and naked shorting of stocks happen all the time, although both are illegal. Fighting regulation because some people refuse to be regulated turns out to be indefensible because the alternative is chaos...
...Getting the medical profession to switch from manual record-keeping to a national computerized system, boosters argue, will save money, reduce errors, improve quality and transform health care as we know it. President Barack Obama has proposed investing $50 billion over the next five years to help make it happen...
...heart patients, for example, do just as well with clot-busting drugs as they would with angioplasty procedures, which typically cost thousands more. Crunching huge amounts of data from a wide cross section of patients could help us do better research than we are doing now. But what will happen when the new computerized research turns up a treatment that works a little better but costs a lot more? Will the government-sponsored researchers tell us? What happens to the patient whose particular circumstances argue for a different treatment from what the computers and bureaucrats recommend...
...Shahar, who is the author of Happier (2007) and a new book, The Pursuit of Perfect (April 2009), describes realistic optimists as "optimalists" - not those who believe everything happens for the best, but those who make the best of things that happen...