Word: highes
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Dates: during 1980-1989
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...Marquez finds himself attacked on several fronts. Once friendly trade unions complain that the Socialist leader has forsaken his party's traditional ideology by freezing social benefits and allowing 16% unemployment. Businessmen, who still applaud Gonzalez's successful campaign to attract foreign investment and reduce inflation, now fret about high interest rates and a growing trade deficit...
...does not progress through revolutionary discoveries alone. Important advances also occur as ingenious experimenters devise ever more clever methods for increasing the accuracy of their observations. The Nobel Prize in Physics this year celebrates the contributions of three scientists who have spent their careers elevating precision measurement to a high art. "It's nice to know that this type of work can be appreciated," said one of the recipients, distinguished Harvard University physicist Norman Ramsey. Upon hearing the news, Ramsey, an athletic 74-year-old who recently returned from a trek in Nepal, admits that he was startled...
...which is piled into mammoth heaps and irrigated with cyanide. The cyanide percolates through the heap, extracting the gold. In the early days of the invisible-gold rush, a ton of ore might contain a few tenths of an ounce of gold. Today that minuscule amount would be considered high grade. Says Livermore: "They're mining deposits that we would have considered waste rock back in 1961." Nevada mines are now digging up a ton of rock to get back as little as 0.025 oz. of gold...
America's high-tech companies do not have to look back: they know the Japanese are coming. U.S. computer-chip manufacturers, concerned that their survival is threatened, have gone to Congress for protection. And fear is rising that if the chipmakers go down, it will be only a matter of time before Japan overtakes the U.S. in the computer business. That would put an end to America's high-tech supremacy...
...itself a prime beneficiary of the triumph of ideas over matter. The Japanese may not be also-rans in software and custom chips forever. But at a time when so many books talk only about what is wrong with the U.S., Gilder's optimism about the future of American high-tech is refreshing...