Word: nephews
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...Joseph Stiglitz showed that a perfectly efficient market was impossible, because in such a market, nobody would have any incentive to gather the information needed to make markets efficient. Another Samuelson student, Robert Shiller, documented that stock prices jumped around a lot more than corporate fundamentals did. Samuelson's nephew Lawrence Summers demonstrated that it was impossible (without a thousand years of data) to tell a rationally random market from an irrational...
...handful of celebrities. The mix creates a media experience quite unlike anything that has come before it, strangely intimate and at the same time celebrity-obsessed. You glance at your Twitter feed over that first cup of coffee, and in a few seconds you find out that your nephew got into med school and Shaquille O'Neal just finished a cardio workout in Phoenix. (See excerpts from the world's most popular Twitterers...
...plot hinges on a takeover bid by one branch of the Lohias for the whole company. There is the patriarch, whose dignified conduct leaves him helpless in the face of the aggressive global marketplace; his dissolute nephew, rebelling after years of frustrated obedience; and his daughter, a young woman becoming keenly aware of her sexual power. Such drama could easily veer into soap opera, but Chowdhury uses his experience as a business journalist to turn the machinations of finance into the stuff of suspense, elegantly connecting the shadowy moneylenders of Mumbai to the gleaming towers of Hong Kong...
...candy). The only reason Meade was in the "R" Market, in fact, was that I asked her to check out the products. She didn't anticipate coming back. Says another shopper, Erin Miczulski, who was in the store to pick up some items for her niece and nephew: "I just want to stay focused on the toys." (See pictures from a toy fair...
...Even more questions linger surrounding her death, which signaled the dawn of the Roman Empire under Julius Caesar's nephew Octavian, who was waging a bitter civil war with Mark Antony. "She definitely died at a very convenient time for Octavian," says Tyldesley. "There is no absolute proof that she committed suicide, and so it is possible that she was either forced to do so, or that she was killed. Of course," she adds, "there is no proof that she died by snakebite, either...