Word: payoff
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...Sweden, the government offers more than 300 courses to retrain the jobless, pays the expenses of an unemployed Swede who travels to look for work, and underwrites his moving bills once he finds a job. The cost is high: more than 5% of the Swedish budget. But the payoff is impressive: Swedish unemployment has consistently been well below that...
Other strategic innovations can also help. Determined to do something about Detroit's murders, police there formed two special units, one to concentrate on drug-ring murders and one on murders committed during robberies or other felony crimes. The payoff has been a solution rate of more than 80% for both categories. Police in Portland, Ore., for their part, have a special unit to bust fencing operations in hopes that burglaries will drop because the swag is harder to get rid of. The rate did indeed drop 16% in the past two years. In New York City, policemen now operate...
Early in the essay, Riesman attempts a broad definition of his terms. Meritocracy is best described as a sort of competition for scarce rewards. For applicants to Harvard the reward is admission, for scholars the payoff comes in terms of tenure. These rewards are doled out of those who best meet the demands imposed upon them by the system, which by intellect or by invisible hand determines its own needs and sets its requirements accordingly. Meritocracy, Riesman explains, comes in two varieties: the "aristocratic" and the "democratic." In the former version, decisions about who wins and who loses the competition...
Bakery Magnate. For conservative horseplayers who had bet on Foolish Pleasure, the payoff was a miserly $5.80. For the winner's owner, John Greer, a banker and bakery magnate in Tennessee, the return was a more satisfying $209,000, bringing Foolish Pleasure's career earnings to $673,000. Greer bought him as a yearling...
...must be to action, and we cannot expect it to be easy action. It will take all our energy, all our compassion, all our strength. We will need determination and faith, for truly it is our mission on earth, Without those, we are lost, but with them the big payoff and final reward will dwarf the millions that the selfish have hoarded and heal the divisiveness and the wounds already seared. It is our duty together, and together we must begin. For as my father quoted Albert Camus...