Word: comes
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Dates: during 1970-1979
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...order to prepare for life in an interdependent world, there is no substitute for living in a foreign land... If we are serious about helping students to overcome parochialism, perhaps the time has come to review the experience of other institutions in encouraging study abroad in order to discover whether some suitable program can be devised for Harvard. --President Bok in his annual report...
...TIME HAS COME. Bok called for an investigation of study abroad, and an extensive array of committees and administrators promptly set about the task. University Hall bureaucrats busily churned out memos, the Committee on Houses and Undergraduate Life (CHUL) copiously collected information on study abroad programs offered by 25 other colleges, the Eductaional Resources Group (ERG) debated and produced its ideal foreign study format, the Committee on Undergraduate Education (CUE) analyzed ERG's plan and others for more than a year. Finally, last spring, CUE sent the Faculty Council its thoughtfully constructed, long-in-the drafting study abroad proposal--aimed...
...take unacceptable courses stems from the Faculty's continuing lack of faith in students' academic integrity. It is also another reminder of the University's egocentric conviction that no outside education can stack up to the Harvard ideal. But if students yearned for substandard education they would not have come to Harvard in the first place. And if they exited en masse to study elsewhere once the rules were relaxed, perhaps the Faculty would conclude that Harvard's insuperable academic excellence is not quite so insuperable...
...government leaders throughout Europe and bankers and businessmen around the world, the Volcker package was more than just decisive. It made basic monetary sense, something that foreigners have come to long for in the White House's increasingly ineffectual inflation fight. In the past year, not only have prices throughout the economy surged into double digits and stayed there, but the Administration's chief weapon in the struggle, its year-old voluntary wage and price guidelines program, has proved hopelessly inadequate to the task...
Clearly, the Fed's efforts to get a grip on the money supply have come not a moment too soon. Liberal Economist Arthur Okun, who was chief economic adviser to Lyndon Johnson, is a consistent critic of fighting inflation with tight money, which inevitably slows economic growth and raises unemployment. Yet Okun says. "The Fed had to do something. It simply could not let those huge credit flows continue...