Word: modell
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...that comes from Wall Street? What I found in my research was that in many ways investment bankers and how they approach work became a model for how work should be conducted. Wall Street shapes not just the stock market but also the very nature of employment and what kinds of workers are valued. These firms sit at the nexus - they are the financial advisers and sources of expertise to major U.S. corporations and institutional investors - and from this highly empowered middle-man role, what they say has a lot of influence. The model that came to be dominant...
When the Polaroid film factory in the Dutch town of Enschede shut down in June 2008, it seemed to signal the end for one of the most ingenious and iconic innovations of the 20th century. Almost 60 years after American inventor Edwin H. Land sold the first Model 95 of his new instant-picture camera in Boston in November 1948, the troubled Polaroid Corp. halted its cassette-film production for good. Demand was still relatively high - the plant churned out 30 million cassettes in 2007 and 24 million in the first half of 2008 - but the plant...
...switching our whole health-care system away from this "fee-for-service" model would be incredibly complicated, no? That's absolutely not true. There are already great models - Medicare is one. When Medicare pays hospitals, they pay by disease, not by how long people stay there. Consequently hospital stays have dropped dramatically. I would disagree that this is gonna be a tough transition. I think it's going to be a very good transition. If there's a public option, it will force the transition...
...little cost containment. Senators of both parties are trying to put the brakes on the President's drive to have bills passed by the House and Senate by the August recess. Republicans are calling it a dangerous "experiment." And even the Mayo Clinic - often cited by Obama as the model of what an efficient, high-quality health-care system should look like - is cautioning on its blog that legislation under consideration in the House "misses the opportunity to help create higher quality, more affordable health care for patients. In fact, it will do the opposite...
...Reva officials say they are improving their cars and plan to sell 8,000 vehicles next year after the new factory opens. In May, the company began equipping Revas with more-powerful lithium-ion batteries that increase range to 75 miles (120 km). A new model with sportier looks and upgraded electronics is expected to be launched by 2010. (Watch TIME's video about charging your electric car for 60 cents...