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Word: gaps (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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...aftermath of a period of naive optimism about development--a period in which the economic gap between the industrialized nations and the Third World widened, the field of economic development is rife with controversy. HIID is certainly not without its critics. Some who have participated in Harvard development projects in the past now doubt whether it is proper for a private university to do consulting for foreign governments...

Author: By Jonathan D. Ratner, | Title: The Whole World in His Hands | 9/16/1977 | See Source »

...marked Harvard development efforts in the '50s and '60s. The trickle-down theory called for the creation of an industrial and business elite, which was supposed to stimulate development. By the late '60s, however, this theory had been severely challenged by critics who argued that it merely widened the gap between a small elite and the poor masses of the developing country. Cole says institute projects have developed "much more of a concern for the poorest of the poor, the people who have been bypassed by development efforts at the national and regional efforts for the past 30 years...

Author: By Jonathan D. Ratner, | Title: The Whole World in His Hands | 9/16/1977 | See Source »

...Finance Committee has already voted 11 to 3 against the use of general tax revenues to shore up the near-bankrupt fund; the House is expected to do the same. In addition, Carter wants to boost payroll taxes for employers alone, but Congress is expected to approve a stop-gap hike in taxes for both employers and employees. Welfare reform is coming under increasing attack from groups that feel threatened by it. Labor, for example, is worried that the creation of 1.4 million public-service jobs at the $2.30 minimum-wage level will have a depressing effect on wage scales...

Author: /time Magazine | Title: The Nation: Some Stern Tests Ahead | 9/12/1977 | See Source »

Though no one in the Administration is ready to cheer a yawning trade gap and a weakening dollar, Treasury Secretary Michael Blumenthal and other top officials are by no means upset by them. They believe the best way to perk up the sluggish world economy is for the relatively well-off nations to buy more from depressed countries by either revaluing their currencies (to make imports cheaper) or expanding their economies faster (to increase demand for foreign products). The main reason for the big U.S. deficit, Treasury officials contend, is that the American economy has been growing at a much...

Author: /time Magazine | Title: MONEY: Flare-up at Yawning Gap | 8/8/1977 | See Source »

...sociobiology did not arise from molecular studies but as an answer to a century-old gap in Darwinian theory: Darwin could not fully explain why some organisms help other members of their species. His theory held that every organism fights for its own survival and chance to reproduce, not that of others. Since altruistic behavior reduces an organism's chances to survive, evolution should be expected to breed it out of all species. Still, some birds risk their lives for the flock by crying out to warn of the presence of a predator?thus chancing attracting the attention...

Author: /time Magazine | Title: Why You Do What You Do | 8/1/1977 | See Source »

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