Word: won
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Suppose you won the lottery. What would you do with the money? Countries have faced similar questions. The most common example is a price commodity boom. A country exports a great deal of petroleum or copper or similar commodities. The price of this commodity zooms; the country’s revenues do as well. From Caracas to Lagos to Moscow and Tehran, governments whose countries have benefited from commodity price booms have rarely spent such a bonanza well. Chile witnessed a commodity price boom during this past decade, and it has set an admirable example for others...
...good indicator of good performance 10 to 20 years ahead. In the Harvard of 20 years ago, that would have led to forecasting that China and South Korea would perform well. The forecast for Chile already looks good, and it should be better. Neither Chile nor Harvard won the lottery, but, together, we are doing something better—not relying on chance but investing in some of the brightest and hardest-working young people to learn and generate knowledge and, in so doing, to help create a better world...
...These books have won you countless awards, including the 2006 Nobel Prize for Literature. What’s the best part about winning the Nobel...
...holds three long-distance world sailing records. His book, Racing a Ghost Ship, won the Scientific American Young Readers Book Award. His MIT master’s thesis on the Antarctic Krill Fishery spawned legislation in Congress to build a fisheries research vessel capable of traveling to the Antartic...
...always emphasized his perseverance,” she says, “to show that despite his severe asthma, his circumstances, and regardless of whether or not he won or lost, he would always keep trying...