Word: turnings
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...paper shows that the debate over Vining's theory may be beside the point, since it is not wealth per se but a forceful, take-no-prisoners personality that has the genetic advantage. To be sure, many Type A's turn out to be wealthy, but we all know plenty of Type A's who live average lives (think of your persnickety high-school math teacher, or that Type A mom down the street who slices the carrots for the lunch box just...
...groupthink - has produced some of history's worst ideas. (See Bay of Pigs, bundled mortgages, "Mission Accomplished," New Coke.) Better to bring in at least one new face or dissenting voice to shake things up and challenge a few assumptions. But how much shaking does it take? As it turns out, not much. According to a new study published in the Personality and Social Psychology Bulletin, the mere presence of a newcomer in any group may be all it takes to turn stagnant thinking into fresh thinking and bad ideas into good ones. (See pictures of office cubicles from around...
...dangers of this trade are manifest. Chimpanzees are reservoirs of exotic, communicable diseases, from Herpes B to monkey pox and the Marburg virus. They are also five to seven times stronger than a person of equivalent size and can turn aggressive at the slightest provocation...
...those attending the G-20 summit in London this week want a quick lesson on how economic booms can turn into busts and how grandiose bets on real estate plays can get you into trouble, they would do well to learn the lesson of their surroundings. The summit of leaders from 19 of the world's key economies will be held in London's docklands, just east of Canary Wharf, a real estate megaventure conceived on industrial wasteland in Britain's go-go 1980s. By the time the first part of the project was completed in the early 1990s, Britain...
...that amoeba-like city to the east. So do big bets on real estate ever pay off? Anyone who saw the sheer scale of decrepitude and decay of London's docklands in the early 1980s like I did will need no convincing that they sometimes do. In the ever turning cycle of economies, booms turn into busts, all right. But busts, too, come...