Word: invented
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...contrary. Computers didn't invent things like flawed program trading - people did. Program trading simply followed algorithms that people wrote. So while a computer may help make dumb decisions happen faster, I think putting the blame on computers when they've been such a driver of productivity is a mistake. Taking junk mortgages and calling them triple A, that's not a physicist's or a computer scientist's decision, that's somebody who is trying to pitch something...
There was no lack of creativity at this year’s “Imagine, Invent, Impact: Harvard College Innovation Challenge,” sponsored by Harvard Entrepreneurial Forum, Harvard Student Agencies, and Technology and Entrepreneurship Center at Harvard. The business suit was a rare sight as a sweatshirt-donning college crowd filled Fong auditorium to half capacity on Saturday...
...years.In 1961, New York City adopted new building regulations designed to encourage more modern architecture and create more privately-owned public space. As part of this effort, the city offered extra floorspace in return for the inclusion of plazas and arcades in building plans. This “inventive zoning” offered huge economic benefits to developers. Professor Jerold Kayden of the GSD has studied these effects and is featured in “Deathbowl to Downtown.”“Because it was a very good economic deal for the developers throughout the 1960s, they almost...
...Depression. "Repeatedly he spoke of this," his aide Rexford Tugwell recalled, "saying that it was enormously puzzling to him that the ordeal of the past three years had been endured so peaceably." That odd passivity has intrigued historians, who have noted that it forced Roosevelt to simultaneously invent the tools to combat the Depression and establish their very legitimacy in the eyes of the people...
...More recently, Haider was seeking to re-invent Austria's far right. In campaigning for this year's national parliamentary elections, he steered clear of Nazi references, focusing instead on the alleged threat posed by immigration, a potent political issue in Austria. His greatest political success came in 1999, when he led the Freedom Party to 27% of the vote, a result that triggered outrage in Europe and, ultimately, sanctions from the European Union when the party was invited to join the government. Haider never held national office himself, preferring instead to work behind the scenes from his post...