Word: demand
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Dates: during 1960-1969
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...theologians proposed seven specific reforms. The most notable was a demand that the Sacred Congregation for the Doctrine of the Faith, now dominated by conservatives, be revamped to reflect a wider spectrum of theological opinion. The statement also declared that no theologian accused of error should be heard in secret, and that if a hearing is necessary, the case should be decided by a board of experts, half of them chosen by the defendant himself...
Though there are a few signs of a slowdown ahead, the economy so far has resisted all attempts to curb its expansive excesses. Congress belatedly passed a 10% income surtax in June, but production and demand-and prices -only kept moving higher. From November 1967 through last April, the Federal Reserve Board raised the discount rate three times, boosting it from 4% to 5½%, a 39-year high. The board later dropped the rate to 5¼% , but last week, declaring a new assault on inflation, it lifted the rate again to 5½%. Whether the rise will have...
...down, inflation caused some dangerous distortions in the U.S. economy. Consumers and businessmen rushed to borrow, spend and invest, hustling to convert their cash into goods or services before the value of the dol lar declined still further. All this only stoked inflation, and led to an abnormally steep demand that may cause an abrupt contraction on some less lucky tomorrow. As usual, some of the worst victims of inflation were the poor, who had to pay more for everything and lacked either the resources or the sophistication to invest in property or paper with a rising value to offset...
...make little real progress toward economic stability, either at home or abroad, until it ropes in inflation. So long as prices and demand rise at today's pace, imports will continue to increase much faster than ex ports, and the integrity of the dollar will be doubted...
...demand for "due process of review," the spokesman said, is not the result of any specific incident. "Over the last ten years there have been a number of times when graduate students have been asked to leave the department and no reason has been given," he said. "Now there is a lot of fear, among first-year students especially, that if they do anything wrong they'll be kicked...