Word: edward
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Dates: during 1980-1989
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EXECUTIVE EDITORS: Edward L. Jamieson, Ronald Kriss...
...Wavers insist that this flexibility has all but abolished the traditional business cycle. While they acknowledge that slumps can still strike certain weak industries, they regard broad downturns as largely a thing of the past. Says Edward Yardeni, chief economist for Prudential-Bache Securities: "The economy is now so huge, so diverse and resilient that adjustments take place that prevent economy-wide recessions...
What particularly alarms the Wall Streeters is the likelihood that the Fed will unleash the banks even more. Says Edward O'Brien, president of the Securities Industry Association: "It represents piecemeal dismantling of the appropriate separation that exists in the financial-services industry -- a system that has worked exceedingly well for more than 50 years." Within a year, the Fed plans to consider whether to allow banks to venture deeper into Wall Street's business by selling stocks as well as bonds. The securities industry may try to block the Fed in court, although previous challenges have failed...
Plus a course in the politics of southern Africa (professor: Assistant Secretary of State for African Affairs Chester Crocker), a tutorial on neoconservative thought (professor: Irving Kristol of the American Enterprise Institute), and a briefing on the Strategic Defense Initiative (Star Wars) by Edward Teller, the father of the hydrogen bomb. And all for just one pupil: Vice President J. Danforth Quayle...
...nation seething with frustration over falling living standards, rampant inflation and endless food shortages. "Everyone is angry, anxious about the future, and this inevitably filters into the party and creates a crisis situation," Jaruzelski told the session. "This is why such fundamental changes have to be made." But Edward Sawicki, a Central Committee member from the official O.P.Z.Z. trade unions, expressed the fears of many in the government when he said legalizing opposition in any enterprises would be like "introducing a Trojan horse" into Polish factories. The committee eventually voted to invite Solidarity back into the fold, but not without...