...a century ago, automobiles replaced horses and horse-drawn carriages within the space of about 25 years. “It was accelerated by the fact that there was an environmental imperative,” he said.But it can take a while for things to become sufficiently noxious, and times are different now in two key respects.
What kind of imperative? Well, New York City alone had about 160,000 horses hauling people and goods around at that time. “There was a very visible environmental impact that was piling up on corners all over the place,” Dr. Chu said. “So it hastened the shift remarkably.”
Phasing out the RFA will increase revenue and have a net positive impact on Metro’s bottom line. It would make it simpler for riders to pay fares throughout the system. A more consistent fare collection system is expected to reduce fare disputes and fare evasion. In a 2010 survey of Metro’s bus operators, eliminating the RFA was listed as the leading strategy to reduce fare evasion.This is perhaps true, and the solution may well work, but Metro is solving the wrong problem, and the real problem is only going to be made worse.
There's just no benefit that the JOBS Act brings to an honest startup company. In fact, it puts an honest company at a severe disadvantage, because now it has to compete against other, less scrupulous companies that can simply make their projections up on the backs of envelopes.
This is like formally eliminating steroid testing for the first five years of a baseball player's career. Yes, you can pretty much bet that you'll see a lot of home runs in the first few years after you institute a rule like that. But you'd better be ready to stick a lot of asterisks in the record books ten or fifteen years down the line.
In the same way, get ready for an avalanche of shareholder suits ten years from now, since post-factum civil litigation will be the only real regulation of the startup market.
One in 88 U.S. children has an autism spectrum disorder, a developmental disability that more children will be diagnosed with this year than with childhood cancer, juvenile diabetes or pediatric AIDS combined, according to the United Nations.What is nonetheless amazing to me, however, is how many other people I have learned about who also have autism, well beyond those that have shared with my daughter classrooms, therapists, sports teams or other groups. The sister of a high school classmate. The daughter of a tennis partner of my wife's. The uncle of a financial planner. That autism has touched the lives of others I know is frequently something learned only by accident, in passing.
