Word: rand
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Dates: during 1980-1989
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...Butcher, a management consultant for the Boston Consulting Group. But he and other professionals acknowledge the toll that such a relentless pace takes on creativity. No instrument, no invention, can emit an utterly original thought. "I flew 80,000 miles last year," says economist James Smith of the Rand Corp. "You start losing touch with things. My work is research, which at its best is contemplative. If you get into this mode of running around, you don't have time to reflect...
...children to put the roast in the oven after school, enrolling them in day care, hiring nannies, making play dates, sending out laundry and ordering in pizza. "We spend a lot of time buying time," observes economist Smith. "What we're doing is contracting out for family care," notes Rand demographer Peter Morrison, "but there's a limit. If you contract out everything, you have an enterprise, not a family...
...that the new Administration & is serious about budget cutting. Not many candidates wanted to play second fiddle. Norman Augustine, chief executive officer of Martin Marietta, and Paul O'Neill, CEO of Alcoa, turned down the deputy's job. Republican Senator Pete Wilson of California began whooping it up for Rand Corp. president Donald Rice, whose many qualifications include the fact that he is a close friend and golfing partner of the most influential defense expert in Congress, Democrat Sam Nunn. Rice, who flew to Washington last Wednesday, appeared to have the inside track...
...medical money has not bought better care or increased access. Instead, it has fueled a profoundly wasteful and inefficient system. "Thirty percent of what we do in health care is of no apparent benefit," says Marion Ein Lewin, of the National Academy of Sciences' Institute of Medicine. A Rand Corp. review of carotid endarterectomies, operations aimed at clearing blocked neck arteries, found nearly a third of the procedures "inappropriate." Similar questions have been raised about heart bypass operations and pacemakers. The next Administration must put a premium on value and coordinate a nationwide re-examination of diagnostic and surgical procedures...
Awards for black victims in civil suits are a third or sometimes even half the amount of those given to white plaintiffs. A 1985 Rand Corp. study of 9,000 civil cases in Cook County, Ill., from 1959 to 1979 found that the median award to a white in a wrongful-death auto accident was $79,000; for a black it was $58,000. Other studies show that sentences for black criminals tend to be longer than those handed down to whites convicted of similar crimes. While blacks make up only 12% of the general population, they account for nearly...