Professor Michael Jensen of Harvard Business School (along with Bill Meckling of Rochester) did some formidable research now almost 40 years ago on the agency-principal problem in modern corporate America.
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The history of Pakistan is indicative of this problem persisting into modern times.
It's led to thousands being freed from slavery and raised awareness that this is very much a modern problem.
The death of Google Reader reveals a problem of the modern Internet that many of us likely have in the back of our heads but are afraid to let surface: We are all participants in a user driven Internet, but we are still just the users, nothing more.
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That's because the iPhone's severe design isn't about aesthetics: it's a solution to the very modern problem of how to combine computing, communications and mobility in a single device, says Mark Rolston, chief creative officer at Frog Design, which has worked on projects from Logitech devices to online services for Blockbuster (nyse: BBI - news - people ).
In the rich world the modern economic problem, the Skidelskys say, is how to live well amid plenty, not how to survive amid scarcity.
CIOs need to determine which vendors are only exacerbating this problem, and which ones offer modern alternatives that are cheaper, faster, and smarter.
To overcome the problem of backward-compatibility, modern x86 chips such as the Pentium are able to take x86-style instructions from old software and split them up into several smaller micro-operations which lend themselves better to performance-enhancing trickery.
The problem with the resurgence of 3D in modern movies has, so far, been that it looks a whole lot like what 3D has always been.
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This actually poses something of a problem for one of the most basic theories of modern market finance.
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The Democrats appear to finally realize that too-big-to-fail is a problem to be solved, not the foundation of a modern banking system.
Malaysia's problem is that it lacks the necessary educational foundations to develop modern Islamic thought.
Finding talented Ghanaian medical professionals willing to serve in a modern clinic in the village they grew up in is not a problem.
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The problem is that with the success of the Enlightenment, science, and our modern culture, we seem to have discarded the idea of mythos as part of our mainstream culture.
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Here was a complex problem: how to reconcile Britain's traditional gift for formal ceremony with the modern desire for the human touch.
There remains one problem that it is unlikely even the most imaginative curator will be able to solve at Tate Modern.
The Tate said some of the images were missing because of a technical problem, but admitted that 23% of the collection would never appear on the Explore Tate Modern site.
But that still leaves the problem of smoothing production at the factory to preserve the economies of scale, which even in modern scaled-down plants require a throughput of about 250, 000 cars a year.
Members of the Mixed Reality Lab in Singapore are clearly troubled by the separation of human and poultry brought on by fast-paced modern life, and offer a very, um, interesting solution to this pressing problem by combining wireless, haptics, cybernetics, and augmented reality.
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Problem was, my ex was a known eccentric and didn't use communication tools of the modern age.
Sort of like the more modern version ACOs with shared savings which is where you have to worry about the gatekeeper problem.
Drivers needed to be educated and modern communication, GPS and other technologies needed to be employed to help address the traffic problem.
Once this credentials problem goes away I think it will be higher education which is the next industry to be entirely over turned by modern technology.
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