Word: buoying
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Dates: during 1960-1969
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...Immoral. Like any genius, Keynes had plenty of faults and shortcomings. Even his admirers admit that he could be maddeningly abstruse and confusing. MJ.T.'s Paul Samuelson, for example, thinks that Keynes downplayed the importance of monetary policy. His few outright critics feel that, while he knew how to buoy a depression-stricken industrial economy, he offered little in the way of practical information about how to keep a prosperous modern economy fat and secure. Keynesian theories are certainly unworkable in the underdeveloped nations, where the problem is not too little demand but insufficient supply, and where the object...
Immediately after the race Navy protested that Harvard had turned inside a buoy marking the beginning of the last leg. The judges, however, ruled that Harvard had respected the buoy...
...college player, took charge of the relentless Irish attack. A 21 -yd. pass to All-America End Jack Snow made it 10-0, and a pitchout to Halfback Bill Wolski hiked the score to 17-0. In the Southern Cal dressing room, Coach John McKay tried to buoy up his downhearted Trojans: "If we can score the first time we get the ball in the second half, it's a brand-new ball game." Upside Down. Southern Cal scored all right, striking 68 yds. in nine plays to cut the gap to 17-7. But it still seemed like...
...increasing talk about inflation also tends to buoy the market, of course. Last week Robert V. Roosa, Under Secretary of the Treasury, told a meeting of the Business Council that he believed the labor settlements in the auto industry had "probably been too big." Most important, the Federal Reserve Board's announcement that industrial production in September rose to 133.9% of the 1957-59 average meant that the U.S. economy had expanded for the 43rd consecutive month...
Looking for all the world like a buoy that sprouted wings, the National Aeronautics and Space Administration's Nimbus weather satellite last week soared into space from its pad at Point Arguello, Calif. The Nimbus program has already cost more than $100 million, but the price tag may be well worth it. The ninth weather eye to be orbited by the U.S., the General Electric-built Nimbus is at once the biggest and most advanced weather satellite sent into space since Tiros I pioneered the use of satellites for meteorology more than four years...