Word: rand
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Fukuyama, a Sovietologist with a Harvard Ph.D. who previously worked for the Rand Corp., is pondering the criticism and will respond in the winter issue of the National Interest. And if he can take time from readying position papers for his new bosses at State, he hopes to explore his thesis at greater length. Unlike history as he sees it, the debate sparked by Fukuyama may be just beginning...
Plaintiffs' lawyers have a strong financial incentive to keep people from settling without representation, since it is virtually certain in crash cases that damages will be paid. But a study last year by the Rand Corp. found that litigation often does not yield the jackpots that the public imagines. Rand found that airlines and other defendants paid victims' families less than half their average "economic loss," the value of what the deceased would have earned in a normal lifetime. Jury verdicts averaged $599,000 per victim. Still, the odds are good enough and the stakes high enough to ensure that...
CREDIT: [TMFONT 1 d #666666 d {Source: 1988 Rand Study}]TIME Chart...
...Butcher, a management consultant for the Boston Consulting Group. But he and other professionals acknowledge the toll that such a relentless pace takes on creativity. No instrument, no invention, can emit an utterly original thought. "I flew 80,000 miles last year," says economist James Smith of the Rand Corp. "You start losing touch with things. My work is research, which at its best is contemplative. If you get into this mode of running around, you don't have time to reflect...
...children to put the roast in the oven after school, enrolling them in day care, hiring nannies, making play dates, sending out laundry and ordering in pizza. "We spend a lot of time buying time," observes economist Smith. "What we're doing is contracting out for family care," notes Rand demographer Peter Morrison, "but there's a limit. If you contract out everything, you have an enterprise, not a family...