Word: realisme
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...Despite the dose of economic realism that many governments are finally swallowing, there is one Asian country that has resisted any major easing of price controls. China has raised the retail price of diesel and gasoline by just 9% since January 2007. (Over the same period, the price in the U.S. has jumped 77%.) Observers say China will probably stand pat at the pump until after the Beijing Olympic Games in August. That could keep Chinese happily burning the midnight oil - and keep global oil prices high, since growing demand from China has contributed significantly to crude's price...
...Tutsi father kills her Hutu mother with a machete. And so on. These stories are so frightening and upsetting, and offer so little in the way of closure or consolation, that you wonder what the point is of subjecting yourself to them--they exist at the border between realism and snuff. There's a basic sense that art is supposed to make of the world that Say You're One of Them--gorgeously written as it is--does not. You could read it, but why? Kiss your family, enjoy a hot shower, and donate the price of a hardcover book...
Harvard can be said to be the birthplace of practicality. It was here, around the turn of the century, that William James developed the philosophy of Pragmatism and began an ethos of realism which is still alive and well at Harvard in 1983. In a place where being called “idealists” carries the implication “naive”. it may at first seem odd that a group of students should protest Harvard’s ties to South Africa by means of a fast. But the week-long hunger strike is neither idealistic...
They are probably right to think that most Americans have a happier impression of the past 40 years. But the skies have clouded in the past year, and this time around, the attacks make one wonder how those who find Michelle Obama's gritty realism out of bounds would mount a campaign in this climate. By suggesting everything is swell? By gliding silently over the battered economic landscape at home in order to talk instead only about terrorism abroad? That is certainly not where most Americans live either...
...after all. "It's always good to remind people that investing in long-term, expensive assets is a risky business," says Michael Ball, professor of urban and property economics at the University of Reading Business School. The current wobble has "brought a good dose of realism to the market...