We have defined acceptable lead performance as a lead that has a failure rate of 0.5% per year over 10 years.

FORBES: Robert Hauser, ICD Watchdog, Offers Viewpoint On Riata Controversy At HRS

And yet we have the whole purpose of accounting being defined as being for the benefit of short-term speculators.

FORBES: What happens when accounts aren't fit for purpose?

We defined public schools tightly as those listed in 1971 as such, leaving out schools that have gone independent since.

ECONOMIST: From the archive