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...sound far-fetched, but Yunus offers up a real-world example: a partnership between the French foods giant Danone and Yunus' Grameen Group to sell nutrient-enriched yogurt to poor children in Bangladesh. He calls it the "world's very first consciously designed multinational social business"?a company that doesn't insist on an ongoing return to shareholders. Whether there's enough motivation in boardrooms to make the idea grow is a big question, but there are some 100 million microborrowers around the world. So it's a nice client base...

Author: /time Magazine | Title: Doing Good Business | 1/24/2008 | See Source »

...It’s a hard question especially for a place like Harvard,” Prather says. “Their goal is still academics, but I just think they’re going to have to gradually introduce more real-world, industry, and business applications...

Author: By Clifford M. Marks, CRIMSON STAFF WRITER | Title: Ph.D.s Ditch the Lab | 12/13/2007 | See Source »

These myriad real-world applications are exactly what the lasers’ developers said have been working...

Author: By Maeve T. Wang, CONTRIBUTING WRITER | Title: Tiny Chip Could Solve Real-World Problems | 12/13/2007 | See Source »

...idea that high tax rates brought diminishing returns was not controversial or even new--Laffer traces it to 14th century Muslim philosopher Ibn Khaldun. But few economists in the 1970s even considered that real-world tax rates could be on the wrong side of the Laffer Curve. Laffer thought they might be, and Wanniski argued on the Journal's editorial page and elsewhere that they almost certainly were. The claim became a key plank of Ronald Reagan's successful 1980 campaign for President...

Author: /time Magazine | Title: Tax Cuts Don't Boost Revenues | 12/6/2007 | See Source »

...wrong. John Edwards immediately said the report justified his vote against designating the Iranian Revolutionary Guard Corps as a terrorist organization and imposing sanctions on it. But the NIE's major conclusion is that Iran calibrates its nuclear efforts--including the suspension of the weaponization part--in a real-world cost-benefit reaction to outside pressure. It makes the case precisely for sanctions...

Author: /time Magazine | Title: Keep Up the Pressure | 12/6/2007 | See Source »

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