Word: low-cost
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Placing the low-cost chairs outside in the Yard amidst the hustle and bustle of students, faculty, and staff—as well as hordes of tourists sporting fanny packs—would be an experiment to provide “new forms of gathering spaces,” said Mostafavi...
...This story begins at Harvard University, where a small research team developed a low-cost prototype robot based on feedback given by humanitarian deminers. The robot was to be used to perform area reduction in uncharted territory. Area reduction is the first phase of any demining project where a large area is reduced to smaller plots of suspected regions. Since area reduction is done in lands abandoned for decades, current techniques require deminers to cut and burn the vegetation. Our effort was to develop a low-cost robotic platform that could assist in area reduction while eliminating the need...
China's Great Advantage There will be kinks. Chinese customers are likely to be just as sensitive to price as American ones, if not more so - and even China's low-cost manufacturers have yet to figure out how to make a reasonably-priced battery. Then there's the question of infrastructure. Few Chinese live in houses with easy access to plugs to power their cars, and there is little infrastructure ready for public charging. But none of that takes away China's late-starter advantage. Chinese companies don't have a hundred years of auto manufacturing to unlearn before...
...Cage dwellings first began to appear in the 1950s, as immigrants from mainland China flooded the region following the Chinese civil war, creating a demand for low-cost bed spaces for low-wage earners. Landlords, looking to extract more money per square foot of living space, packed two to three iron cages that served as bunk beds into apartments. Fifty years later, these slums continue to be one of the negative by-products of Hong Kong's meteoric rise from a humble, fishing village into an international financial powerhouse. Asia's world city is now home to some...
...sound more like Santa and less like the Grinch. Cutting costs ultimately means cutting payments to drugmakers, hospitals, doctors, insurers and other influential health lobbies, so it's understandable that he hasn't dwelled on it. Providers like the Mayo Clinic have demonstrated the promise of high-quality, low-cost care, and mounds of research as well as books like Shannon Brownlee's Overtreated have documented Orszag's less-would-be-better thesis. But to laymen it can still sound like typically empty government promises to weed out waste, fraud and abuse. And the most prominent town-hall angle...