Word: legacyism
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The social legacy of two decades of change will continue to show its effects, demographers say. The older median marriage age translates into fewer children and a diminished demand for schools. The decrease in household size--from an average 3.14 people in 1970 to 2.69 this year--has fueled a...
In this age of soaring oil prices, hedging has become a crucial part of business for the most successful airlines--the smaller, upstart carriers that aren't burdened by the legacy costs of the old majors. Since energy is usually an airline's second highest cost (after labor), any tweaks...
China's leaders, ever conscious of history, argue that stability must come first. "If you haven't been through the Cultural Revolution, you don't know what human rights means," says Sun Chao, a Shanghai official who is pushing for transparent government. "In my compound, people were jumping off the...
BOB GELDOF Not to be immodest, but the first one was perfect in almost every sense. Artistically, people seemed to up the ante, and the performances were pretty great across the board. Huge amounts of money were raised, not a penny lost, and politically it elevated the issue onto the...
In sum, Iraq has to be rethought-as do the current deployment levels and recruitment strategy of the U.S. military. The President may have been diverted by his second-term agenda-he vowed 60 Social Security speeches in 60 days!-and the Democrats may have given him a free pass...