Word: needham
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Milder, who hails from nearby Needham, expressed surprise that there were not more vocal Nader supporters on campus...
...company is not without options. Firestone could launch an all-out price war, which analysts fear would hurt an industry saddled with rising commodity costs and little pricing power. Points out Wendy Beale Needham, auto analyst at Donaldson, Lufkin & Jenrette: "[Firestone] does have a parent with resources and a different brand name...
...enjoyed it," said Carolyn Spiros of Needham, Mass. "There was a little bit of a lag [between the ships], but the ones that have come through have been great...
...question is called the Needham paradox, after Joseph Needham, the great British scholar who raised it in his multivolume history of Chinese technology. Needham's answer sheds light on China's ultimate condition, allowing us to sort through the buzz of short-term problems that distract attention from the fundamental change now taking place. Yes, the West mastered the technology that China first discovered. Yet much more important, according to Needham, was that China lost its edge in the 15th century by suppressing entrepreneurs whose power posed a threat to the Emperor. The empire was made safe from within...
China's current economic growth is brought about by decentralized business forces, not by the state. The conditions of the Needham paradox are ending. As they do, there is reason to believe Chinese capitalism may be especially dynamic. Even though modern capitalism is a Western invention, Westerners are not the only ones who can master it. For cultural reasons, capitalism is in many ways more natural to Asia than it ever was to the West. The devotion to one's task as the hallmark of productive work had to be beaten into a mostly balky peasantry in Europe, even while...