Word: crossroad
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...Major Crossroad. He argues with cool passion that a free market functioning on its own without Government intervention is the most efficient and equitable way to allocate goods and services. But he likes to sound out economists who disagree, and he is likely to consult regularly with many of them and run a fairly open CEA. Over the years, Greenspan's ideas have been pragmatically tempered. He does not, for example, think that an immediate return to the gold standard is feasible, as he once did, although he says that the issue is "arguable...
...slimmer profit margins in 1975. In order to begin moving toward stabilizing the economy by 1976, he says, decisions for doing so must be made now. To help make those decisions, Greenspan is willing to take his quarter-of-a-million-dollar pay cut. "We are at a major crossroad," he says. "The actions taken in the next year or two will have a significant impact on where...
...Abba Eban was in Washington last week to discuss disengagement in general as well as U.S. aid, Israel's negotiator will probably be Defense Minister Moshe Dayan. That would please Washington. Says one ranking U.S. official: "Most Israeli leaders will talk to you about that hill or this crossroad. Dayan is the only one who can see the whole landscape of a possible disengagement." Dayan, however, is under severe criticism at home for the lack of preparedness that led to heavy Israeli losses early in the war. Unless he can make a spectacular recovery in the Washington talks...
Never has an election produced "code words" that so clearly define the issue. "Cambridge Jobs for Cambridge People" and "Citizen Participation." Read the former, "vote for me, I'll appoint my friends;" read the latter, "a process to plug up the patronage pipeline," How did we arrive at this crossroad...
...million Yugoslavs the fastest growing economy in Eastern Europe. In major cities, modern, wide-windowed apartment complexes dot the skyline, autos clog the streets and stores are stocked with television sets, radios and kitchen appliances. Lately, however, the system has developed enough problems to bring the nation to a crossroad at which its leaders must decide how much further they are willing to go toward a freer economy. Some are prepared to go all the way to the establishment of a Communist stock and bond market...