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...efficiency just as much as they do cheap labor and access to new markets. In this new calculus, it is often surprising who comes out ahead. According to the Business Competitive Index, the Global Competitive Index's sibling measure developed by Harvard economist Michael Porter, the countries with the lowest wages relative to competitiveness - that is, the best values as investment locations - are Taiwan, Hong Kong and India, followed by Chile, Singapore, the Czech Republic...
...more than 1,000 Americans, conducted jointly by the Kennedy School of Government’s Center for Public Leadership and U.S. News & World Report, suggests Americans were especially critical of the media, the executive branch, and Congress. Of the 12 sectors respondents rated, those three received the lowest marks. Even the institutions that fared best—the military and medicine—received barely passing grades, with respondents expressing only “moderate” confidence. David R. Gergen, the Center for Public Leadership’s director, said he found the results disturbing...
Former University President Lawrence H. Summers was the second-lowest-paid Ivy League president during the 2005-2006 academic year, according to a survey of presidential salaries published this week by the Chronicle of Higher Education. Summers’ total compensation in the 2006 fiscal year was $611,226, higher only than the salary of Dartmouth’s James E. Wright. University spokesman John Longbrake declined to comment on current University President Drew G. Faust’s salary but noted that Harvard will next release compensation details in May. Richard C. Levin, the president of Yale...
What makes the budget carriers such ornery opponents is their relentless cost cutting. Fernandes, who has dreamed up all kinds of ways to save money, claims AirAsia is the world's lowest-cost airline. He pays his flight attendants to clean planes instead of hiring special crews, which not only lowers costs but also chops the time spent boarding at terminals to 25 minutes--about half that of the major airlines. His pilots are trained to land at a farther point on the runway and at a slower speed to conserve fuel and reduce wear and tear on tires. Half...
...time of the first white contacts in the 18th century, there were perhaps half a million of them divided into hundreds of tribes, speaking mutually unintelligible languages, thinly scattered across the vast hot skin of Australia. They lived by hunting and gathering. These seminomads were, even by the lowest standards of Africa or the Americas, almost incredibly low tech. They had fire, sticks and stones, and little else. Yet their traditional oral culture is of great antiquity; their structure of myth is remarkably coherent and continuous across millenniums, not just centuries; and as anyone can see who visits some...