Word: crucially
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...central bank's role in the inflation process and that sustained anti-inflationary monetary policies would actually work. Beginning in 1979, such policies were implemented successfully--although not without significant cost in terms of lost output and employment--under Fed Chairman Paul Volcker. For the Federal Reserve, two crucial lessons from this experience were, first, that high inflation can seriously destabilize the economy and, second, that the central bank must take responsibility for achieving price stability over the medium term...
...Ed’s supporters and critics agree that implementation of the new curriculum will be more crucial than the charge given by last year’s final report...
...universities, stores, television broadcasters, and government offices promote the echo chamber; others promote serendipity. My suggestion is that for good lives, good universities, and good societies, the power of self-sorting is at best a mixed blessing. However unpleasant and jarring they can be, unchosen, unanticipated encounters play a crucial role; they are indispensable not only to education but also to citizenship itself. Far from wishing them away, we should welcome them...
...been largely characterized by success and displays of team depth. The second varsity eight had been undefeated until its .2-second loss to Wisconsin at Eastern Sprints, while the third varsity eight, fourth varsity eight and freshmen have yet to suffer a loss. “What was crucial was that even in Sprints, the guys were really pushed and really working hard,” Medioli said. “Nobody ever showed a lack of determination in any moment. Nobody gave up or didn’t work hard or came out feeling like they didn?...
...opponents until the end of the season, Donato stressed that only renewed focus and confidence could return Harvard to its potential that had already led the Crimson to victory over the likes of Boston University and Cornell. Time and again in this losing streak, Harvard had fallen thanks to crucial missteps—a slow start, costly penalties—and an inability to convert chances on offense. Instead of embarking on a massive overhaul, Donato stressed the importance of avoiding the little mistakes and winning individual matchups on the ice. By the close of the season, Donato?...