Word: hindsighted
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...declared a new college established. Yale, then called the Collegiate School, spent its infant years getting passed around from city to city like a plate of cheap hors d’oeuvres until its founders finally settled on New Haven, Connecticut in 1718. Now, we know hindsight is 20/20, but really—New Haven? A Google search for “found in New Haven” yields “body” as the most common result. Next down: “suspicious package.” Consider that a warning for Harvard women this weekend...
...offered was much clearer. It was called Taylorism, after its inventor, Frederick Winslow Taylor. Taylor called it scientific management, and it involved slicing up industrial processes into bite-size tasks and then doing detailed time-and-motion studies to determine the most efficient way to perform them. Described in hindsight as "the first big management fad," Taylorism was widely criticized--from the right as a step toward totalitarianism, from the left as soulless and alienating. It was famously parodied by Charlie Chaplin and Lucille Ball (remember Lucy and Ethel at the candy conveyor belt...
...course, the "core problem" is the U.S. property market, says Han de Jong, chief economist for ABN Amro in Amsterdam. "In hindsight, the housing market in the U.S. was a bubble." The cause? Superlow interest rates that encouraged lenders to offer loans to virtually anyone, even those with bad credit. Those loans were then bundled together into exotic derivatives and sold off to financial institutions worldwide; when borrowers began to default on their mortgages, money managers from São Paulo to Seoul suffered huge losses...
...suicide bomber in the northern city of Peshawar, bordering Pakistan's restive tribal areas, detonated himself at the residence of a government minister, killing four. When Musharraf declared emergency rule last week, he cited the threat of religious extremists. Of course, suicide bombers are easier to prevent in hindsight, but it cannot be overlooked that while government security forces focused all their attention today on one woman calling for democracy, terrorists scored one more victory for their cause...
...privation. Others admired the bold sentiment and were empowered by the call to action. “It’s—I wouldn’t say hypocritical, but maybe ironic, that he didn’t start giving back until later. It’s that hindsight is 20/20 phenomenon. He can say what he wants to say, and he’s a living example of what he’s saying now, but he wasn’t for the last 30 years when he was looking to build that empire,” says...