Word: truth
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...truth is we do tend to fall over and we're sick of it," said former All Black great Frank Bunce on the eve of the sixth World Cup, which began on Sept. 7 and climaxes at Paris' Stade de France on Oct. 20. The World Cup is the big profit-turning event (the previous one made $37 million for hosts Australia) for a game that was played for love until turning professional in 1995. Since that time, players have grown not only richer but a whole lot bigger and faster. While that may sound like progress, the game...
Diplomats don't get paid to be blunt (at least not in public), but here's the undiplomatic truth: no one involved in negotiating with North Korean dictator Kim Jong Il over nukes expects a smooth process. "If you're asking whether anyone thought the road to total disarmament would be completely straightforward," says an official who until recently was closely involved in the so-called six-party talks, "with no backsliding, no new demands, no different interpretations of timetables or whatever, then no, the answer is, of course...
...decades, though, this truth was ignored by those who studied markets. Only in the past decade has it made a comeback. The landmark academic work in this vein was a 1997 paper by Harvard economist Andrei Shleifer and University of Chicago finance professor Robert Vishny (who has since left Chicago to become a full-time money manager). Their argument focused on arbitrageurs who use borrowed money to bet that small market mispricings will disappear but who can't get banks to go along with their sometimes contrarian thinking and lend them money exactly when the mispricings--and thus the opportunities...
...upstate New York. Well, I dunno. The patina of age may explain why Jesus' walking on water is easier to believe than Smith's golden plates and magic glasses. But it doesn't go far in justifying the distinction. For me, any candidate who believes in the literal truth of the Old Testament, the New Testament, the Book of Mormon or the novels of Jane Austen is probably too credulous to be President...
...live the fantasy that they're still 30 or 35 instead of 45 or 60. But rather than sell it as a fantasy or a lie ("Is it true blonds have more fun?"), the postmodern beauty industry casts artificial color as a means of expressing a deeper truth about who one is. It's all about "helping each woman create an authentic connection between how she feels internally versus how she looks externally," Cona says. As Rose Weitz, author of Rapunzel's Daughters: What Women's Hair Tells Us About Women's Lives, put it, "Even if, in the abstract...