Word: free-market
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Even if these schools were found to fix the price of higher education, the majority neglected to consider the argument that students should not choose schools on the regular free-market model of lowest price...
...with a mind of his own. Whether by conviction or out of cynical self-interest, he has pursued reformist policies designed to repair his country's shattered economy as well as to endear him to skeptical citizens: the institution of land-tenure rights for farmers, the beginnings of a free-market economy and recognition of Buddhism as the state religion. While Hun Sen's cloudy history as a former member of the Khmer Rouge and his association with the Vietnamese continue to haunt him, he is gaining stature as a nationalist. He is regarded by many Cambodians as the only...
Hanoi will have to try to revive its bankrupt economy with little help from the outside world. The Vietnamese dream is for another Asian miracle, patterned on what its newly industrialized neighbors have achieved. Reformers have laid ambitious plans for restructuring the economy on free-market principles. "We think of ourselves as South Korea 25 years ago," says Nguyen Xuan Oanh, a senior adviser to the Vietnamese government. "The only stumbling block is how soon will the U.S. give us the green light...
...Baltic republics, it is often said, are the "laboratory" of Mikhail Gorbachev's experiment in liberalization. The metaphor captures the exhilaration and ominousness of what is happening, both there in the Baltics and throughout the U.S.S.R. Glasnost, elections and free-market economics will help save the Soviet system from itself, or the mixture will explode...
...then appointed the selfproclaimed guru of free-market economics in Argentina, Alvaro Alsogaray, to be his leading economic adviser. Ignoring the opposition of the telephone unions, Menem gave Alsogaray's daughter the task of privatizing the state-run telephone company that has for years been ridiculed by Argentines, who have a host of horror stories to tell about how tough it is to make routine local calls...