Word: know-how
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...they have kept two sets of books: their history and their myth. The two have always intertwined, of course, but they differ radically in purpose and content. The myth has always been the engine of the future, a bright and energetic contraption that owed its efficiency to both American know-how and the hand of God. Except in its occasional celebrations of heroic legends, myth does not gaze backward; it is prospective, not retrospective. Being a creation of the Enlightenment, it is even inclined to be contemptuous of history. As Descartes said, historians are people who spend a lifetime attempting...
...that to happen, Mugabe must win the confidence of the whites, whose capital and know-how will remain essential to Zimbabwe's economy for years to come. Yet as a nationalist leader with an avowed commitment to socialism, he must also begin to satisfy black demands for a greater share of the national wealth. In addition, he may soon face mounting pressures for radical change from impatient hard-liners within his own party, who are anxious to reap the immediate benefits of their newly won power...
Coach Brooks pulled out Goalie Jim Craig and attacked with six men. They were aided in planning their strategy by a typical example of Yankee know-how: armed with a walkie-talkie, an aide was up in the stands, radioing weaknesses he spotted in the Swedish defense to an assistant coach, who was on the bench with Brooks. With only 27 sec. to play, Bill Baker drilled home a 55-ft. slapshot to tie the game...
...able to eradicate the reasons these nations want the Bomb. At best, the U.S. can relieve these national insecurities by guaranteeing their defense, as in the case of South Korea. But the U.S. cannot provide this protection to all. Moreover, attempts to restrict the spread of bomb building know-how have failed: If a junior at Princeton can design a bomb, and a journalist can find the plans to one in a public library, any nation can. As a result, American policy should focus on limiting the spread of the plutonium that is the prerequisite of any nuclear weapon...
When Harvard Management began, five independent managers took over 10 per cent of the endowment to give the Corporation a means to judge HMC's performance, and so HMC itself could take advantage of the know-how of larger outside firms. Only three of those five firms still handle any Harvard money, though; one merged, and another wasn't doing the job right, according to Putnam. Today HMC uses outside talent mostly in specialized areas--for example, in its decision to commit money in venture capital (loans from an investor to a new business in hopes of a high return...