Word: gist
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...only one supplier in a market, the monopolist can set price way above the market equilibrium point (E), and quantity far below E. Such a situation means that the price of the good or service is artificially elevated, while quality usually suffers. For those unfamiliar with the lingo, the gist is simple (and oft-repeated in Professor Feldstein's lectures): monopoly bad, free trade good...
...After eight years, the administration may have finally learned that fast, full disclosure is the best scandal-douser. The 150 pages (gist: "It depends on what the meaning of the word 'fund-raiser' is") don't seem to contain any legal red flags, at least for lay readers unfamiliar with the minutiae of the case, which is pretty much everybody outside the Justice Department. And Gore's releasing them himself is an unmistakable signal that he's confident of his innocence, or at least his defense: a really bad memory and a very small bladder. It's also the best...
...Jeanine Gist walks through the 9:01 Gate and toward the chair of her daughter Karen. Karen Gist Carr was 32; she and her husband Greg had just celebrated their eighth wedding anniversary and had been trying to have a child. She worked as an advertising assistant in the Army recruiting office, writing promotional brochures. She was killed by a blow to the back of the head. A high school classmate involved in the rescue effort could report to the family that Karen's body was found intact, seated in her chair...
Memorials are more democratic these days as well, created in the name of and for the uses of ordinary people. The reason that Jeanine Gist can feel conflicting thoughts about the Oklahoma City Memorial is that it was designed and built with her conflicts in mind--hers and those of visitors who have no familial relationship with the people honored yet feel the various powers of the place, nonetheless. Not long ago, Americans wanted to tear down evidence of mass horrors; the initial thought with Columbine High School was to obliterate the school and start anew--America's old, insistent...
...They would share the gist of what's going on--never who said what," Mayer says...