Word: invention
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...could the forecasts have been so wrong? The answer is that we've been tracking only part of the innovation story. If I go to grad school and invent a better mousetrap, I've created value, which I can protect with a patent and capitalize on by selling my invention to consumers. But if someone else figures out a way to use my mousetrap to replace his much more expensive washing machine, he's created value as well. We tend to put the emphasis on the first kind of value creation because there are a small number of inventors...
...That’s gratifying,” Jaeger says. “We didn’t invent those ideas, for sure, but I feel like our union has had some influence in our written communications and in our meetings with senior administrators...
...tray instead of a sled. Super challenge time: build the sled entirely out of beer. 2. Pretend you’re really attractive and funny and sensitive, and get a really pretty, sweet girl to fall in love with you and then play baseball. 3. Ride a dragon. 4. Invent a bouncy cage that never deflates, bounces really high, was once used by Rutherford B. Hayes, and can fly. 5. Watch Stepbrothers eight times in the span of two days and memorize it because it’s the best movie ever and anyone who hates Will Ferrell will have...
...passed in 1995 gives the Central Bank "exclusive authority" to mint and print money. The number of signatures that appear or don't appear on the money is not important, he said. Critics, however, argue that the Central Bank's exclusive authority doesn't give it creative license to invent new styles of currency that stray from the technical specifications laid out in the Monetary Law. "The government couldn't just start circulating cacao beans and say it's currency like the indigenous did," says economist Nestor Avendano. "They have to respect...
...born into a clan of warrior aristocrats whose Scottish home dates back to the ninth century (they supposedly earned the family name by clearing the area of wild boar), and who served prominently in every major British military and political skirmish for a thousand years. One recent ancestor invented the tank; another helped invent television. Over the millennium the Swintons were deeded huge swatches of prime Scottish real estate; Tilda's father, Major-General Sir John Swinton, a.k.a. the Lord Lieutenant of Berwickshire, lives in the family estate, Kimmerghame...