Word: slower
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...further problem with making comparisons between the high technology and biotechnology is that the pace of discovery—and eventual profitability—is much slower than with easy-to-manufacture microchips. Products such as drugs take decades to pass through strict government reviews. Europeans refuse to eat genetically engineered food. Biotechnology is less of a Silicon Valley-style gold rush than a minefield where only the truly exceptional companies can turn a profit before they burn through all their capital...
...point of breeding elitism, it is granted that there exists a danger of giving gifted children a false sense of societal superiority at the expense of regular students. However, it seems far more inimical for a gifted child to be restrained by a slower academic pace and for non-gifted students to be measured unfavorably against those with a higher measured capacity for learning. Additionally, local communities stand to benefit from cultivating gifted talent since many former students return and contribute directly to the community that educated them...
...just household finances but the balance of economic power. (Or so it seemed.) But now even in the U.S., where half of all households were in stocks or stock funds, that faith in equities is being challenged. And European investors may actually be more disillusioned, and could prove even slower to return to shares. It's about timing. "The retail investor in Europe is a young investor," says Michael Hartnett, a Merrill Lynch strategist in London. "He came into the market toward the end of the bubble and has experienced considerable downside." What's more, the newest investors often ended...
...members out with stopwatches to time runs. Now they can stay at the service park and receive far more information. Corrado Provera, boss of the Peugeot team, relishes the improvement. Says he: "The engineers are cutting the stages in many slices and analyzing why the drivers are faster or slower." In addition to introducing the new technology, Richards set about reforming the championship's sometimes haphazard organization. With the often reluctant agreement of the race organizers he ensured that races would not clash with Formula One Grands Prix, redesigned the high-speed stages so that they returned to a central...
...Amtrak doesn't. It has had 31 years to get its act together, during which it has hogged the rails with trains that seemingly get slower by the year. Even the most unmotivated 31-year-old knows there's a time when asking parents for huge allowances for no particular reason becomes totally unacceptable. Or, to put Amtrak's conundrum in a different, perhaps less emotional light, consider this: if you had a car that only ran when it felt like it but required a huge and nearly constant outlay of cash, would you keep it? Let's hope that...