Word: kremer
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...driving along a highway with his family during a month-long summer vacation. Random thoughts flitted across his mind--a $100,000 note he had co-signed for a relative, now unexpectedly due; the news from Britain about the pound, which had risen to around $2; yes, and the Kremer Prize. Why, he mused, had no one been able to claim the [pound]50,000 offered by British industrialist Henry Kremer for the first man-powered flight around a mile-long, figure-eight course? "Then a light bulb went on above my head," says MacCready. "It was a eureka moment...
...physics and aeronautical education from Yale and Caltech, casually estimating the birds' bank angle. By timing their circles, he calculated their speed. His mind drifted to hang gliders and sailplanes, comparing their flying characteristics with those of birds. Then came the second--and more creative--eureka moment. The Kremer Prize was as good...
...year later, with the help of his sons and some talented colleagues, the Gossamer Condor was ready. Assembled out of piano wire, aluminum tubes, bicycle parts, Mylar film and a propeller, it was successfully flown around the Kremer course by furiously pedaling Bryan Allen, a racing cyclist and glider pilot. MacCready's place in history was assured...
Emboldened by his success with Condor, MacCready set his sights on a second Kremer Prize, [pound]100,000, to be awarded this time for the first crossing of the English Channel by a man-powered aircraft. Piece of cake. In 1979 a greatly improved version of the Condor, the Gossamer Albatross, successfully flew across 23 miles of Channel water...
...Success in recruiting builds on itself." Kremer says. "For example, the fact that Ariel Pakes, Ken Rogoff and Al Roth had accepted offers at Harvard increased Harvard's attractiveness...