Word: nascent
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Dates: during 2000-2009
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Institutionally, Harvard’s president is the person best able to direct overarching changes and interdisciplinary initiatives, such as the nascent Harvard Stem Cell Institute. Such projects can require the president to act as a mediator between often-tribal faculty departments, bringing together, for example, scientists and philosophers to tackle the academic riddles of the future. Past presidents, from Lawrence H. Summers to Charles W. Eliot, Class of 1853, have adopted a confrontational management style, attempting to force through initiatives with a blunt stick. If we, as observers of Harvard University, learned anything from the rapid downfall of former...
...surging for a decade. Analysts expect up to 20% annual growth in the diamond market in China alone. With current mine capacities, that translates to a potential $10 billion worth of unmet demand by 2015--a gap that man-made diamonds could soon help fill. In support of the nascent field, last month the Gemological Institute of America, the leading grader of diamonds, agreed to rate synthetic diamonds on the same four Cs--carat, cut, color and clarity--used to evaluate natural diamonds. So even after the last stone is mined, perhaps one day diamonds really will be forever...
...removed from their own concentration. They are also an improvement for students who wish to pursue two somewhat-related fields, but who are not sufficiently interested in their intersection to write a joint thesis. To top it off, the EPC has allocated a generous amount of resources to the nascent program, ensuring that even in pursuit of these minor concentrations, students will be advised and assisted well...
Leagues like MLG have their roots in pre-broadband underground circuits, in which players traveled the country to compete against one another. Sepso and his business partner were both sports and gaming fans, and in the nascent underground scene they saw the makings of something more. "It looked to us like an early NASCAR or an early X-Games," says Sepso, who at the time was running a broadband company. "It was compelling, so we bought in, and we got to know a lot of these young guys...
...assets and 20% of the profits to the managers. There is a cheaper alternative: just as Vanguard launched the first stock-index mutual fund in 1976, Wall Street firms are beginning to offer low-cost funds that mimic common hedge-fund strategies. The first get-together of this nascent "hedge-fund replication" industry is happening this month in London (official slogan: The clones have landed). Mediocrity doesn't have to be such a bad thing, as long as it's intentional...