Word: pendulums
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...decorate your house, whether you wear a tie or not are all signs of something else," he explains. "That's semiotics in a nutshell." His earlier novels neatly adapt this philosophy to the thriller format - Rose, for example, is a medieval whodunit set in a monastery, Foucault's Pendulum a conspiracy of sects and secret societies. The new storyline plunges the author into a forensic examination of nostalgia. "By definition, the word nostalgia is the desire to return, to return to childhood or your 20s or 30s," says Eco, adding, "I'm fine where I am. My relationship with...
Indeed, regulators in the free-market-oriented Reagan era seem convinced that bigger is often better. "Reagan's people have allowed the pendulum to swing much, much further in the direction of free and easy merger opportunities," says Robert Pitofsky, dean of the Georgetown University Law Center. "Businessmen see the opportunity to put through deals now that they couldn't have ten years ago." A more zealous Justice Department blocked the merger of two Los Angeles grocery chains during the 1960s on the grounds that the combined firms would claim 5% of the area's food-store business. Today corporate...
...unique high-stakes and secret campaign for electing a pope rides a pendulum between the sacred and the profane. At this late hour, the latter seems predominant as bookies grow busier and politicking amongst the cardinals sharpens. Inside the Conclave, which begins on Monday, all of that is supposed to give way to each cardinal?s most holy obligation to seek out the right man to be the 264th successor to Peter. Still, the race today appears no more predictable than it did two weeks ago. But I?ll run the risk of declaring my Top 10 papal candidates, though...
...been good. The system needed change. To demand that CEOs should declare that their financial controls work--how can you argue with that? But in some cases, boards are getting distracted by the rules of compliance instead of the objectives, and that can't be right. I think the pendulum is swinging back...
...economic growth of 3% to 4% ahead, a healthy backdrop for profits, and also expect the dollar to fall. That's a good combination for the big U.S. multinationals that dominate the stock indexes. After five years of small stocks doing best, says T. Rowe's Notzon, the pendulum should swing back to large stocks that pay a dividend...