Word: formulaic
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Dates: during 1970-1979
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...settle a thing," said the titular head of the American labor movement. "Where you have a well-established industry and a well-established union, you're getting to the point where a strike doesn't make sense." By Meany's reckoning, the right formula in such circumstances is for both sides to submit all unresolved issues in collective bargaining to binding arbitration...
Both the Penn Central debacle and the general corporate cash bind raised concern about the precarious condition of the commercial-paper market (see following story). Like Penn Central, many companies have been using short-term borrowings in that market to finance long-term projects, a classic formula for disaster. Now corporations with anything less than top credit ratings will find increasing difficulty in selling their own notes and bonds, even to refinance existing debts...
...refusing to judge liberalism in terms of the ideas it espouses and inscribes in its constitutions, and in demanding that these ideas be compared to the prevailing relations in a liberal state, Marx is providing... a formula for the concrete study of society which cannot be refuted, by idealist arguments... To understand and penetrate a society one has to penetrate its basic structure to the human bond upon which it is built...
...defend the cup for the U.S. That will be decided in the final trials off Newport, R.I., beginning Aug. 18. Nonetheless, the races afforded yachting fans their first look at the sleek new fleet of U.S. 12-meters. The differences are subtle, for under the restrictive and complex formula for the 12-meter class,breakthroughs are carefully measured in inches and ounces. The U.S. boats: VALIANT is the early favorite for the simple reason that her designer, Olin Stephens, has already created three 12-meter cup winners-Columbia in 1958, Constellation in 1964 and Intrepid in 1967. His latest design...
...nothing to do with either of them. Today, half of the USAC races are on road tracks rather than ovals. NASCAR runs some road races, and SCCA runs three different pro series, including the Can-Am challenge for large engine sports cars, which is just about the equal of Formula One in international stature. But the biggest race of the year is the 500. It has fantastic drawing power. Any SCCA driver who can get a ride shows up on the first of May, and more NASCAR drivers come north in the spring every year. The foreign draw has tapered...