Word: riches
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...book, A Farewell to Alms, economic historian Gregory Clark notes that the yawning chasm between rich and poor has been widening since the late 18th century. "Hundreds of millions of Africans now live on less than 40% of the income of pre-industrial England," he writes. Clark proposes a wildly contentious explanation for this disparity. By studying wills from England circa 1800, he finds that rich families tended to reproduce far more abundantly than poor ones. As the affluent outbred the poor, bourgeois values like thrift and literacy apparently diffused through English society from the top down, eventually jump-starting...
...seems clear the President has won this round. An optimistic general will trump a skeptical politician anytime. Even when Petraeus gave sketchy, disingenuous answers-expressing hope about the three-way Shi'ite gang war in the oil-rich port city of Basra-not even the most knowledgeable Senators had the facts to dispute him. The general was armed with the modern military's deadliest weapon, the PowerPoint-presentation-serried ranks of bar charts marching toward victory, which provided camouflage for the gaping holes and contradictions in the Petraeus-Crocker story. Crocker, for example, seemed particularly insistent on roping Iran into...
...Early on, she cast the body shop as the David to the beauty industry's Goliath, an us vs. them attitude that she held throughout her life as a company head and an activist. Her very public criticism of the the same industry that had made her rich and famous, calling it in her 1991 autobiography Body and Soul a "monster selling unattainable dreams," would come back to haunt her. Although Roddick stepped down as co-chair of The Body Shop in 2002 (while staying on as a consultant), she was still accused of selling out, both the company...
...Since the sale of The Body Shop, Roddick, whose sense of social injustice kicked into gear after she read a book on the Holocaust when she was 10, had been focusing on the charities and campaigns she held dear. Claiming that she didn't want to "die rich," she gave away around $6 million a year and planned to spend the rest of her time doling out grants and donations and lending her name to causes like stopping sweatshop labor and protesting the imprisonment of two of the "Angola 3" Black Panther members being held in a Louisiana state prison...
...inauguration. Then Ortega borrowed a jet from Libyan leader Muammar Gaddafi to visit Iran in June. Two months later, Iran and Venezuela pledged $350 million to build a seaport near Monkey Point on Nicaragua's Caribbean coast. (Tehran has also been cultivating an alliance with oil-rich Venezuela's President Hugo Chavez.) And last Wednesday, the Nicaraguan foreign minister returned from Tehran, where he met with the foreign ministers of Syria, Cuba and Iran. There is now speculation that Nicaragua may support Tehran's bid for a seat in the U.N. Security council...