Word: shorted
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...your thesis change as the recession evolved? The recession validated some of the arguments. One reason that the economy ran off the rails was because of these high-stakes rewards for short-term payoffs. When that went on for too long, it ended up having collateral consequences on the whole economy. (See 25 people for blame for the financial crisis...
...explain the greed on Wall Street if you are arguing that extrinsic motivators aren't as powerful? People respond to incentives in their environment. They take the low road sometimes. They take shortcuts and sacrifice the long term for the sake of the short term. We have the reward-and-punishment drive, absolutely. My argument is that science shows we also have that third drive [of doing something because of inherent satisfaction]. If we neglect the third drive, we're leaving huge amounts of talent on the table...
...appear anywhere, but the origins of Carlsen's talent are particularly mysterious. In November, Carlsen, then 18, became the youngest world No. 1 in the game's history. He hails from Norway - a "small, poxy chess nation with almost no history of success," as the English grand master Nigel Short sniffily describes it - and unlike many chess prodigies who are full-time players by age 12, Carlsen stayed in school until last year. His father Henrik, a soft-spoken engineer, says he has spent more time urging his young son to complete his schoolwork than to play chess. Even...
...certain if he has an actual board at home. "I might have one somewhere. I'm not sure," he says. Powerful chess programs, which now routinely beat the best human competitors, have allowed grand masters to study positions at a deeper level than was possible before. Short says top players can now spend almost an entire game trading moves that have been scripted by the same program and that such play by rote has removed some of the mystique of chess. He likens chess computers to "chainsaws chopping down the Amazon." (Read a Q&A with Carlsen...
...most advanced example of multiracial church, it makes an excellent window into the new desegregation because of its size, its influence and the ferocious purposefulness with which Hybels has deconstructed his all-white institution. Willow may also be emblematic in that Hybels appears to have stopped short of creating a fully color-blind church. His efforts illustrate both the possibilities and the challenges that smaller churches may face as they attempt to move beyond black and white...