Word: wisdoms
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Emerging markets have often been unkind to banks. Unstable governments, dubious corporate management practices and wild swings in investor confidence can make the developing world far less predictable than the more advanced economies of the West. But the current financial crisis has stood a lot of the conventional wisdom on its head. As the Wall Street subprime meltdown sent prominent banks in the U.S. and Europe tumbling, financial institutions doing most of their business in developing countries have come through the crisis looking healthier - and smarter...
...payment system while safeguarding patient rights (and perhaps protecting doctors who practice evidence-based medicine from frivolous malpractice suits) would be easier than expanding coverage to the uninsured, transforming the insurance market and figuring out how to pay for it all during a crippling recession. "It's become conventional wisdom that we've got the wrong payment system," says Ezekiel Emanuel, a key White House health adviser. "Even the Republicans agree that we ought to pay for quality instead of volume...
That, at least, had long been the conventional wisdom, but in recent years, scientists have come to learn that by some measures, the solar system fairly sloshes with water. Mars, we now know, was once as wet as Earth and still harbors ice and perhaps liquid water. The moon is thought to have water locked in permafrost at its poles. Jupiter's moon Europa is probably home to a globe-girdling ocean beneath a thin rind of ice, and its Jovian sisters Callisto and Ganymede appear to be icy and wet too. Now, according to new findings by the Cassini...
...situated squarely on the left side of the aisle, so conservative readers need not apply--if, as Charles Pierce implies, conservative reader isn't a contradiction in terms. The terrain is well trod: from intelligent design to the dubious link between Saddam Hussein and 9/11, Pierce argues, prevailing political wisdom in the U.S. has been based not on fact but on who could shout loudest. The book elevates itself with original reporting, some witty asides (a Mitch Albom best seller is slammed as "what Dante would have written had he grown up next door to the Cleavers") and judicious...
...risk taker? Domestically, he answered it months ago with his massive stimulus package. On foreign policy, we only just learned the answer. By taking on the Israeli government over the issue of settlement growth, Obama is showing that he's a gambler overseas as well. Despite the conventional wisdom that an Israeli-Palestinian peace deal is impossible anytime soon, he seems hell-bent on pursuing one. And if he breaks china in the process...