Word: bent
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Dates: during 1980-1989
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Unlike past laureates, like George Stigler, the 1982 winner who has been critical of government regulation, Debreu is purely a theorist. "We have never before awarded the prize for contributions of such pure basic research," said Assar Lindbeck, chairman of the five-member Nobel committee. Notes Bent Hanson, chairman of the Berkeley economics department: "Gerard Debreu is an economist's economist. His work is very abstract, very fundamental. But everyone in the profession quotes him and must demonstrate that they know his work...
...Berkeley economist's theoretical bent leads him to shun disputes such as those waged by liberal Keynesians and conservative monetarists. "I do not consider myself involved in economic policy in any way," he says. Nevertheless, his work does have some practical applications in the hands of other economists. According to Stanford Economist Kenneth Arrow, a 1972 Nobel winner who has worked closely with Debreu, equilibrium theory is used by private forecasters and government planners to predict such things as the impact of a tax change on various industries...
...opportunities to acquire some marketable skill or craft. The occupational future appears cloudy at best, often frightening. Even the children of the affluent run scared before the incipient hazards. Perhaps a majority will be going on for post-baccalaureate further education, with their college years bent and often spent to insure themselves of entry into the most selective and presumably serviceable graduate and professional schools. A large and apparently somewhat increasing number will step out with the baccalaureate, and see whether they can get a job. If they have the security of a craft or skill, I think this would...
Roosevelt only recently moved from Harvard to his current Beacon Hill address. He said that the district's liberal bent and large population of young professionals has made it easier for a non-resident to launch a campaign in a town noted for its provincial politics...
...widespread abuse of computer networks. For months authorities have been waging a quiet war of nerves with the thousands of teen-agers who use their home terminals and telephone hookups to dial into larger systems around the country. Most are careful to do no harm, but for those bent on doing damage, the opportunities are boundless. One 14-year-old brags that he penetrated a computer belonging to a brokerage firm and erased a group of commodity trading accounts. Particularly vulnerable are the 1,200 computer systems that can be reached through a single telephone call to GTE Telenet...