But what I did was a little different from what the MMs have done this time around: I set out to prove my instincts right with a little model, a minimal thing that included actual intertemporal decisions instead of using the quasi-static IS-LM framework.
The programme, called MMS: DKU, will be based at the schools' newly built joint campus near Shanghai.
MMS is awkwardly tasked both with issuing permits for the industry and with regulating it.
The greatest scope is for multimedia messaging (MMS), which is like text messaging, but allows pictures and sound clips to be sent as well as text.
Also, since MMS messages will use more bandwidth than text messages, operators will be able to charge more for them.
MMS is also likely to boost voice traffic: according to research carried out by Nokia, seven out of ten picture messages generate a phone call in response.As 2.5G and 3G networks come into wider use, EMS and MMS are likely to figure prominently in persuading users to upgrade to colour-screen handsets.
In Tunisia, for instance, perhaps 90% of the 200,000 or so deaf are also illiterate, estimates Mohamed Jemni, a computer scientist at the Ecole Supérieure des Sciences et Techniques in Tunis.So Dr Jemni's team built a system which uses natural-language processing to translate text messages into sign-language animations delivered in the form of a multimedia message (MMS).
In this case, MMS officials approved the blowout preventer that then failed.
The company seems keen to pass some blame to Transocean, which owned and operated the rig, and Halliburton, which had been contracted to insert cement into the well to stabilise it.Also under scrutiny is the Minerals Management Service (MMS), the part of the Department of Interior that oversees offshore drilling.
Reforms of the MMS, a regulator widely seen as co-opted by the industry it regulates, are already under way and should pick up pace.There may also be lasting advances in dealing with deep-sea leaks and surface spills.
So apparently, in 1998-99, the folks at the MMS were too busy flirting with each other, or accepting private-jet rides to college football games, or whatever, to notice that the price of oil had gotten pretty high and they shouldn't be handing out free leases anymore.
