Word: plaines
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Well, it's not. In December the World Bank published the most careful examination of the effects of globalization on poverty that I have ever read. Its conclusions were plain: those countries that have opened themselves up to world markets have seen dramatic reductions in poverty, with the number of their people who count among the very poor declining by 120 million in the 1990s alone. To be sure, there's plenty of room for improvement; as I've argued recently in this column, the rich world has been stingy in making good on its promises to liberalize trade...
...away, thanks to Saturday Night Live parodies and columnists like the New York Times's Thomas Friedman, who last week scolded the Veep for his "continued cave dwelling." Is he really in hiding? For much of last week, according to Mary Matalin, Cheney's political counselor, he was in plain sight in Washington, living at the Vice President's mansion with his wife, even working out of his office in the West Wing of the White House. "It's just silly," she says of the calls for her boss to emerge. "I guess he'll have to run a marathon...
...going to have an economic crisis, do the rest of the world a favor: signal your intentions well in advance. That's one lesson (there are others) from the default by Argentina on $132 billion of debt. So far, the markets have hardly blinked, and the reason is plain: this train wreck has been coming for two years, giving those foreign banks holding Argentine paper plenty of time to hedge their bets or make provisions against losses. The default, says Nariman Behravesh, chief global economist at DRI-WEFA, an economic consultancy in Massachusetts, was so well anticipated that "foreign investors...
...welcome signal that things at GM are not as bad as they seemed from the outside. But they are still pretty bad. "When I got here, I started asking people to describe the design process, and nobody could do it," he says. "I realized it was just plain dysfunctional." Cars were being designed once in the studio and then analyzed and reanalyzed by engineers and marketing experts and constantly redesigned to suit their needs along the way. "It's called paralysis by analysis," says Bryan Nesbitt, the designer who worked with Lutz at Chrysler to create that company's acclaimed...
...maker based in Mountain View, Calif. He has had stacks of them in his office ever since Sept. 11, when he decided that sending out surprise packages was no longer a great gimmick to advertise TimesTen's database software. He was right. Within weeks the anthrax letters made even plain white envelopes look sinister...