Word: againe
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Dates: during 1960-1969
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What, then, does such a playwright think he is doing? His rationale is that he is providing a cautionary moral lesson drawn from history that will enable people to avoid past errors and evils. Unfortunately, the profoundly ironic lesson of history is that people do repeat the errors and evils...
By contrast, Bill Martin over the years has been much more worried about the perils of recession. Martin's real hallmark at the Federal Reserve was a willingness to switch from easy-to tight-money policies and back again as he thought the situation required. He cooperated with the...
Impetus to Inflation. Toward the end of Martin's tenure, the Federal Reserve became rather too flexible. Between late 1966 and mid-1967, for example, it swung from expanding the money supply at a 1% annual rate to letting it grow at a 13.5% annual rate, then tightened it...
In a more material way, investors expressed a yearning for peace, and a belief that peace would be bullish. They bought stock in close to record amounts and sent the market to its sharpest gains in months. Prices spurted early in the week on hopes that the Moratorium demonstrations would...
The nickel find was made by Ken Shirley, 55, a veteran of 40 years' prospecting for gold in the Outback. Last year he went to work for Poseidon. He found several promising outcroppings and staked out the drilling site. The big payoff has gone not to Shirley but to...