Word: rapid
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...believes that climate change is real and worries about it, but which rarely ranks it as a high priority. A 2007 survey by the U.N. Development Programme found that 54% of Americans advocate taking a "wait and see" approach to climate-change action - holding off on the deep and rapid cuts in global warming that would immediately impact their lives. (And it's not just SUV-driving Americans who take this position - similar majorities were found in Russia, China and India.) As a result, we have our current dilemma: a steady drumbeat of scientific evidence of global warming's severity...
...popular belief, Keynesian thinking was not a big part of Franklin Roosevelt's New Deal. Deficit spending and monetary easing were both first put to work in a really big way by the U.S. government in the 1940s--out of wartime necessity, not economic conviction. The economy responded with rapid growth, and after the war, Keynesianism became gospel. Its central tenet, this magazine explained in its 1965 cover story, was that "the modern capitalist economy does not automatically work at top efficiency, but can be raised to that level by the intervention and influence of the government...
...could refinance, taking out some of the capital gains to buy a car or pay for a vacation. Of course, this violated the first law of economics - that there is no such thing as a free lunch. The assumption that house prices could continue to go up at a rapid pace looked particularly absurd in an economy in which most Americans were seeing their real incomes declining...
Permission to Dodge the Line. Southwest Airlines will offer "Fly By" priority lanes through security for Business Select and Rapid Reward A-List customers starting Oct. 17. Passengers at Baltimore/Washington International, Dallas Love Field, Phoenix Sky Harbor International, Orange County John Wayne, Denver International, San Francisco International and Los Angeles International should look for the orange and blue Southwest Fly By lane sign in the security area and present your boarding pass or A-List card to gain access to the special screening fast-lane. The program will roll out to other airports starting in November...
...highly competitive companies from every corner of the world: Argentina, Brazil, Chile, Egypt, Hungary, India, Indonesia, Malaysia, Mexico, Poland, Russia, Thailand, Turkey, Vietnam and places you'd never expect. And you can anticipate that future versions of the World Economic Forum's Global Competitiveness Index will be reflecting more rapid ascents and descents than it has in the past. The current financial crisis may only serve to speed up the process...