Word: simonal
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Dates: during 2000-2009
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Policymakers have been warning about confusing economic activity with wellbeing ever since the economist Simon Kuznets devised a way to measure that activity at the end of the Great Depression. Kuznets himself warned that "the welfare of a nation can ... scarcely be inferred from a measure of national income." Seventy-five years on, GDP feels like an idea whose time has finally passed. "GDP measures, in a certain sense, how much stuff we can produce that we can drop on an enemy," Alan Krueger - now a top-ranked economist in the Obama Administration - said at the Organization for Economic Cooperation...
...never really [before] took that many photos on one trip. It was a great opportunity to begin arranging photos—not just putting people together and telling them to smile,” says Simon Mahler ’10, the club’s chief executive officer, who spent a summer in Benin. “You really start playing with the camera, and you do learn more about photography...
...North Koreans may be increasingly curious about the outside world, that doesn't mean they're having fantasies about capitalist life. "It's silly to say North Koreans are so naive that they think South Korean dramas represent actual life in South Korea. They know it's entertainment," says Simon Cockerell, the general manager of Koryo Tours in Beijing, which leads tour groups to North Korea several times each year...
...still off 50% from its peak in February 2007, according to the NAREIT. So investors are willing to pay up for REITs based on their longer-term outlooks and potential windfall in the distressed real estate market, says Bohjalian. REITs touted as likely buyers in the distressed market are Simon Property Group, Vornado Realty Trust, Boston Properties and Host Hotels & Resorts...
...according to a description on the company’s website, “is a new innovation in reading that blends a well-written book, high-quality video and the power of the Internet into a single, complete story.” Recently, Atria Books, an imprint of Simon and Schuster, has teamed up with Vook to release several titles that readers can watch online or through iTunes. And the vook is not just an example of a technological innovation that could bring more information to more people; it’s also a product that caters...