Word: hugeness
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Dates: during 1990-1999
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...this age, Milosevic makes these calculations in virtual isolation. He rarely appears in public, never travels anywhere. He nominally consults an inner circle of perhaps 15, but his only true adviser is his ambitious, neocommunist wife Mira Markovic. "His pride at being a guy everyone comes to is huge," says a Western diplomat. "But his purpose is to throw people into confusion...
...market soared? Low inflation, cost-conscious management and endless global opportunities for U.S. companies have played a huge role. Those things will persist. But our limitless affection for technology, blind faith in index funds and grossly underappreciated sense of stock-market risk are part of the equation too. And those things will pass. It was only 10 years ago that we stretched reason to justify Japanese stocks' trading at 70 or 100 times earnings--just ahead of that country's enduring recession. Today's most popular stocks trade in that range, and tortured explanations again pass for wisdom...
...infection-fighting agent of enormous potency. When it was finally recognized for what it was--the most efficacious life-saving drug in the world--penicillin would alter forever the treatment of bacterial infections. By the middle of the century, Fleming's discovery had spawned a huge pharmaceutical industry, churning out synthetic penicillins that would conquer some of mankind's most ancient scourges, including syphilis, gangrene and tuberculosis...
...little book sold 84,000 copies, caused a huge stir and made Keynes an instant celebrity. But its real import was to be felt decades later, after the end of World War II. Instead of repeating the mistake made almost three decades before, the U.S. and Britain bore in mind Keynes' earlier admonition. The surest pathway to a lasting peace, they then understood, was to help the vanquished rebuild. Public investing on a grand scale would create trading partners that could turn around and buy the victors' exports, and also build solid middle-class democracies in Germany, Italy and Japan...
...love music, it is a huge part of who I am," Schutt says. "Harvard can't give me what I need to pursue the career I want in music...