Word: fasters
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Dates: during 1960-1969
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...pulled out by no later than the end of 1969. But in Nixon's view, the move served a more important purpose. It helped to mute domestic dissent, making it more difficult for leaders of the slipping antiwar movement to sustain interest in their drive for a faster U.S. disengagement...
Tight money might have reduced inflation faster if big banks had not discovered ingenious methods of avoiding the Federal Reserve's pincers. To help meet corporations' vast appetites for loans in the face of the credit shortage, U.S. banks borrowed $13.3 billion in Eurodollars?U.S. dollars in private hands abroad?and brought them home. The board finally closed that loophole by imposing a 10% reserve requirement on borrowed Eurodollars. Thereafter, the banks circumvented restraint by issuing vast quantities of commercial paper ?unsecured promissory notes. Belatedly, the Reserve Board plugged that loophole by placing an interest-rate ceiling on commercial...
...prices, which often continue rising long after general business turns soft, have continued to climb. They are rising faster than wages?and wages are rising faster than workers' productivity. When productivity slackens, real labor costs go up, and companies often make up the difference by increasing the prices of their products. The cost of living rose 5.9% this year and has gone up by 20% since 1964. The dollar of that year is worth only 84¢ today...
...rowing tanks, a gift of the Friends of Harvard Crew, will improve the Crimson crews' Winter program. The new tanks will provide Harvard rowers with additional indoor rowing space and by providing faster-running water and a boat tilt, will simalate river conditions far better than...
...learned but is embedded, along with hair color and sex, in his genes. These innate rational tendencies do not mature, however, unless they are used. Although Piaget has refrained from applying his findings directly to teaching, educators see some implications. A child cannot be forced to develop understanding any faster than the rate at which his powers mature to their full potential, and there is a limit to what overeager parents and teachers can achieve. At the same time, a child who does not get the chance to apply his developing abilities and test their limitations may never reach...