Word: effective
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Dates: during 1960-1969
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...provided it meets Government standards, is exactly the same drug as the brand-name item. Sometimes it is, but not always. Four eminent research physicians in Chicago, headed by famed Anesthesiologist Max S. Sadove, have carefully compared many "generic equivalent" drugs for years and found great differences in the effects on patients. One notable example involved an anesthetic; a cheaper, generic-named form simply did not anesthetize in some cases, and in others the effect wore off too soon. Besides potency and purity, there are 20 to 30 other types of difference between drugs, most of them too subtle...
Unconcerned, the Fed's chairman delivered another lecture, this one against speculative trading by institutions. "Increasingly," said Martin, "managers of mutual funds, and portfolio and pension-fund administrators are measuring their success in terms of relatively short-term market performance. In effect, they set a target on a growth stock, attain that target, unload, and then seek other opportunities for quick capital gains." Given the size of their buying power, said Martin, such activity "may virtually corner the market in individual stocks," at the least cause undesirable price fluctuations. "Practices of this nature" said he, "contain poisonous qualities reminiscent...
...tariff cut. In the first step, the U.S. will cut its levies 42%, as against 25% to 30% for the Common Market. In the second stage, both sets of tariffs, with a few exceptions, would drop at least to half their present level. This phase, however, will go into effect only if Congress repeals the controversial system by which duties on organic benzenoid chemicals-notably dyes, sulfa drugs, plastics and pesticides-are based on their American selling price, which results in tariffs as high as 172%. If Congress does so, the Common Market and Austria agreed to trim the carefully...
James Purdy has achieved a considerable literary reputation for his precisely chiseled prose style and gallows humor (Malcolm, The Nephew, 63: Dream Palace). His talent does not flag here, despite his choice of subject. But Eustace Chisholm is not unlike certain surrealistic paintings in its rather surprising lack of effect: though an atmosphere is evoked in sharp and crystalline terms and though figures are intensely and skillfully rendered, the reader remains unmoved. Fortunately, most men do not live in a neo-Gothic neverland where the entire range of human experience is dominated by a single obsession. Life is at once...
This paragraph, the last in the article, refers to a matter of hearsay, a statement attributed to one of our friends and advocates, Senator William Proxmire. That statement is misleading and in effect false. It is not in the context in which it was related...