Word: profitable
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Assigning a dollar figure to Medicare patients' lives may sound crass, but such valuations are routine in Americans' daily lives. Take, for example, the $500,000 death benefit the government pays families when a soldier is killed in Iraq or Afghanistan. Or the cost calculations that for-profit health insurers make to determine how much coverage they'll give customers. In fact, at least some Americans seem at ease with allowing money to play a prominent role in health care decisions. In a 2007 survey of New Yorkers, 75% of participants felt "somewhat" to "very" comfortable with allowing cost...
...specifically to financial markets, it also restates a valuable historical lesson about politics: If we expect what is reasonable, we will be disappointed. At least in the financial world, models are more helpful, because despite the inexistence of a homo economicus, most people in most circumstances are driven by profit maximization. They may not know how to achieve it at all times, but they always want better results for their portfolios. When it comes to politics, however, for better or for worse, motivations more often transcend rational concerns...
...have been rooted in another kind of unease. Locke, long an academic underperformer, will come under new management in just a few weeks. After a protracted battle, L.A. Unified School District's board voted in the fall to turn it over to Green Dot Public Schools, a private non-profit that plans to turn the campus into a cluster of charter schools. Come July 1, many of Locke's teachers will be out of work. And students, worried about new policies like required uniforms, wonder whether there will still be a football team or a school band...
...that the improved site provides the average consumer with basic recommendations and tips. The site also includes references to scientific journals for more in-depth information. Kalin said that with approximately 2.2 million visitors a year, “we reach an awful lot of people for a non-profit education Web site.” The updated pyramid, which is based on data from the Nurses’ Health Study and the Health Professionals Follow-Up Study, differs from the 2005 recommendation of the U.S. Department of Agriculture (USDA). For example, Harvard recommends 1,000 IUs of Vitamin...
Climate policy wonks - who try to explain this complex stuff for a living - admired the clarity and power with which McCain described the cap-and-trade system, which would set a declining limit on global warming pollution, then let companies sell their excess pollution permits for a profit. "For all of the last century," he said, "the profit motive basically led in one direction - toward machines, methods and industries that used oil and gas." He praised the good that came from that growth but pointed out that there were "costs we weren?t counting. And these terrible costs have added...