Word: ideals
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Dates: during 1990-1999
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...straight moral sense that others could not always see, even other moral people." Harvard physicist and historian Gerald Holton adds, "If Einstein's ideas are really naive, the world is really in pretty bad shape." Rather it seems to him that Einstein's humane and democratic instincts are "an ideal political model for the 21st century," embodying the very best of this century as well as our highest hopes for the next. What more could we ask of a man to personify the past 100 years...
Those credos came together in the two principles that ruled his public life: what he called Satyagraha, the force of truth and love; and the ancient Hindu ideal of ahimsa, or nonviolence to all living things. He first put those principles to political work in South Africa, where he had gone to practice law and tasted raw discrimination. Traveling to Johannesburg in a first-class train compartment, he was ordered to move to the "colored" cars in the rear. When he refused, he was hauled off the train and left to spend a freezing night in the station. The next...
...work of a life may transcend the biography; a civilized person, the slave-owning hypocrite--or whatever he may have been beneath the impenetrable enamels of his character--formulated, in the Declaration of Independence, the founding aspiration of America and what is still its best self, an ideal that retains its motive force precisely because it is unfulfilled and maybe unfulfillable: "We hold these truths to be self-evident, that all men are created equal, and that they are endowed by their creator with certain inalienable rights; and that among these are life, liberty, and the pursuit of happiness...
...weren't any huge mail-order book catalogs simply because a good catalog would contain thousands, if not millions of listings. The catalog would need to be as big as a phone book--too expensive to mail. That, of course, made it perfect for the Internet, which is the ideal container for limitless information...
Global auctions are the kind of ideal market Adam Smith could only have dreamed of. Sellers are, at least in theory, guaranteed a price that isn't too low: they get to sell to the highest bidder anywhere in the world. And buyers are assured the price isn't too high because they get to choose the lowest one being offered by any seller in the world. Location becomes unimportant. You're not penalized for being a seller stuck in low-traffic, low-price Bismarck or a buyer shopping in high-cost Manhattan. Auctions also minimize transaction costs ("friction...