Word: feed
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Dates: during 1970-1979
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...predicts that sales of grain to the Soviet Union will have only a minimum effect on American prices even if they reach 10 million tons, which he believes they will. One possible effect: meat prices will be kept from falling, because a general tightening of grain markets will hold feed costs high...
...format is pure TV talk show; the content is not. In one episode the genial, loose-jointed M.C. welcomes a California real estate salesman named Frank Foglio, who tells a modern version of the loaves-and-fishes miracle: his mother, with 18 mouths to feed one night, prayed over a quarter-pound of spaghetti. God multiplied it so generously that there were even leftovers...
Slate's first move with a client is to determine whether a full, or straight bankruptcy is really necessary. "If you can feed your family and have enough to live on, you should pay your debts," he says. One practical reason: a court cannot discharge a bankrupt's debts again for six years, and if more serious financial troubles arise in that period, the debtor cannot escape his creditors. (About one in ten first-time bankrupts goes broke again...
More important, capitalism's superior productivity is not solely a matter of electric toothbrushes and throwaway soft-drink bottles: the system also does better at filling basic human needs like food. Farmers in the capitalist U.S., Canada and Australia grow enough not only to feed their own peoples but also to export huge surpluses. In contrast, the Soviet Union?although 30% of its workers labor on its vast farmlands?has to import food. So does India, which permits private farming but insists out of socialist principle that the produce be sold at unrealistically low prices...
...poor business practices. He argues that the Civil Aeronautics Board and the Interstate Commerce Commission have allowed the regulated transportation industries to become "federal protectorates living in a cozy world of 'cost-plus,' protected from the ugly specters of competition and innovation." The resulting inefficiencies, he charges, feed inflation...