Word: working
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Dates: during 1990-1999
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There was a time when Bezos could say, "If I had a nickel for every time a potential investor told me this wouldn't work..." and then lapse off into head shaking. Now he follows that line with a wild, giggly laugh. No wonder: as of last week, Bezos had 200 billion nickels. A rich reward, to be sure, but how on earth can you compensate a man who can see the future? Perhaps by inaugurating him into that club of men and women selected for having had, "for better or worse," the biggest impact in a given year. Welcome...
...theme parks. He went to Disney World six times. "The thing that always amazed me was how powerful his vision was," Bezos says. "He knew exactly what he wanted to build and teamed up with a bunch of really smart people and built it. Everyone thought it wouldn't work, and he had to persuade the banks to lend him $400 million...
When the stock market-obsessed U.S. deems a profession to be too menial for its best and brightest, it imports drudge workers from abroad. At some point, teaching - once seen as noble - took on the status of low-end work, both in salary and prestige. So this week Chicago received federal clearance to become the second major city in recent years to import talent from abroad. The Windy City finds itself unable to fill at least 400 teaching vacancies each year, and it's not alone - earlier this year the Department of Labor declared a critical national labor shortage...
...deciding blow in forcing the INS's approval of work visas for teachers came from Education Secretary Richard Riley who, at a recent White House conference, declared that a quarter-million American teachers are either unfamiliar with the subjects they teach or lack any manner of training. The Chicago experiment will therefore be closely watched. A smaller program initiated in New York City last year, in which mathematics teachers were brought in from Austria, is getting high marks and was expanded this year. If the Chicago program shows similar success, educators expect Congress to adapt a wide-scale recruitment plan...
...residents' union can give interns a stronger voice to negotiate more humane work schedules and can force hospitals to the bargaining table," wrote TIME contributor Dr. Ian Smith about the board decision last month. Now that process appears to have started - and for America's patients, better-rested, less-harried residents could be just what the doctor ordered...