Word: payoff
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Dates: during 2000-2009
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...mail updates on new technologies available for licensing. But the driving force isn't cash; ARS collects a mere $2 million a year from royalties. Rather, ARS offers companies exclusive production rights so that the firms themselves will cough up the money to bring the products to market. The payoff for America's farmers: every $1 the government spends on agricultural research translates on average into an extra $1.35 in sales of agricultural products...
...reworked a sourdough recipe to match his tastes. "I like my sourdough fairly strong and chewy, with a fairly sour acidic taste, so I add wheat gluten to the flour," says Wiggin, who bakes about once a week. It takes him two days to prepare the dough, but the payoff, he says, is a sense of exultation when the bread comes out of the oven...
...place to go. New York City's offerings tend to be more business than show, with astronomical theater rents and rocketing production prices. But the only things soaring in Chicago are the skyscrapers. Aided by tax breaks, theater there is free to take bigger risks, and the payoff is enormous. "Here, you neither fail nor succeed," says Goodman Theatre artistic director Robert Falls...
...place to go. New York City's offerings tend to be more business than show, with astronomical theater rents and rocketing production prices. But the only things soaring in Chicago are the skyscrapers. Aided by tax breaks, theater there is free to take bigger risks, and the payoff is enormous. "Here, you neither fail nor succeed," says Goodman Theatre artistic director Robert Falls. "It's purely about doing the work, so people get very good at it. Chicagoans make theaters everywhere - out of a storefront, upstairs in a building - and charge little for tickets." Chicago audiences also have an enlightened...
...have grown accustomed to taunting Labor about the high interest rates that choked the economy to a standstill at the start of the 1990s. That interest rates have stayed low, as they have internationally, is as much a matter of luck as prudent policy. But it's also the payoff for market reforms over two decades that have raised productivity in almost every part of the Australian economy. Beating down inflation and expectations of future price rises for goods, services and labor has been the country's most impressive economic achievement. In any case, an independent Reserve Bank is responsible...