Word: profitability
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...poster is the brainchild of Associazione Ricreativa e Culturale Italiana (The Italian Recreational and Cultural Association), a non-for-profit organization that promotes tolerance. It represents the launching of their new campaign against discrimination of all kinds. The first time I saw it, I smiled. This was the “screw you, Lega Nord” that I had been waiting for, that I had been wanting to shout out loud since the very beginning of my stay in Rome. Let me explain...
...spending some $418 million on the park and another $1.8 billion on roads, sewers and a rail line to access it. Now, the government's majority stake will remain, but it will drop to 52%, from 57%. "Hong Kong Disneyland needs time to clean up its teething problems. Then profit will come," says Jeffrey Lam, a member of Hong Kong's Legislative Council...
...South Africa: "There's a chain of services that depend on our industry." Adds Lipman of the UNWTO: "Tourism is a good development agent because poor countries don't have to manufacture it." Developing nations already have their product--nature, culture, tradition--and all that's required to profit is a bit of investment in infrastructure and marketing. "The market comes to these countries then wanders around depositing foreign-exchange income wherever it's directed, including poor rural areas," Lipman adds. That's a handsome return on investment for any country, developing or otherwise...
...limits. We all know exercise is good for us, but that doesn't get all of us off the La-Z-Boy. Incentives aren't everything either; wasting energy costs us money, but we do it all the time, and so do our factories and other ostensibly profit-maximizing businesses. Health care usually costs us money too, and even when co-payments are low, visiting the doctor is time-consuming and inconvenient, and staying in the hospital can be downright dangerous. Still, Dartmouth has documented enormous regional variations in medical care that produce virtually no variation in medical outcomes...
That won't be easy to change. The 1990s managed-care boom was supposed to incentivize HMOs to keep us healthy, but it slashed needed as well as unneeded care in a frenzy of willy-nilly cost-cutting and short-term profit-taking, triggering a national backlash. And if Congress gets into the details of what would be reimbursed under a new fee-for-quality structure, the same interest-group politics that have distorted and ultimately paralyzed the current system could dominate the new system; that's why Obama has proposed to depoliticize those decisions through an independent agency similar...