Word: widget
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Dates: during 1980-1989
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...shrinking badly, and it requires a delicate balance with Government funding to work well. Corporations' underwriting money comes out of their promotion budgets and -- not unreasonably, since their goal is to make money -- they want to be associated with popular, prestigious events. It's no trick to get Universal Widget to underwrite a Renoir show, or one of those PBS nature series (six hours of granola TV, with bugs copulating to Mozart). But try them with newer, more controversial, or more demanding work and watch the faces in the boardroom drop. Corporate is nervous money; it needs...
...skills, and turned into a showcase for their uninhibited style of royal excursion. With her nimble spontaneity, Diana is invigorating the staid ritual of the walkabout, the traditional version of which presents a gloved and hatted royal frowning to show interest as a dusty foreman laboriously explains how a widget is manufactured. Touring an aluminum smelter in the city of Portland, Diana could not stop giggling at the sight of Charles wearing a too small hard hat and protective goggles; with his Clark Gable ears, he looked rather like a Volkswagen with both doors wide open. A sheepish Charles turned...
...teach such subjects as anatomy and aviation. The method has proved particularly successful in the world of high finance. In Scarborough's Run for the Money ($80), PC users learn about business by competing in the market for synthetic bananas. In Harvard Associates' MacManager ($50), players run their own widget making companies. In Scarborough's Make Millions ($50), the simulation includes an office with all the trappings of a corporate desktop, down to a working computer, a telephone that never stops ringing, a plant that needs watering and an unending flow of memos...
Frobnitz (plural: frobnitzem): an unspecified physical object, a widget...
...such a flagrant injustice other than a grudging concession that "some presumably modest efforts to achieve a more equal distribution of income and wealth may be economically justifiable." It's not that callousness limits his ambition; only his faith in the decision-making capabilities of the owners of widget factories does it. Everyone is a rational maximizer in Posner's world. Mr. X will be hired by the first widget-maker he sees. He might never have lost his job in the first place...