Word: institutionalize
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Dates: during 1980-1989
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Already, three other nations have faced similar surplus quandaries. Japan restricts excess retirement money to a reserve fund, which boosts the country's savings rate. The Canadian government lends its pension cushion to provinces to support schools and build roads, and Sweden's fund is used to finance mortgages and...
Baker's resignation has enhanced the fin de regime feeling that has hung over the White House since the Moscow summit. With no major battles left to be fought, no treaties to be ratified, no important goals that could realistically be achieved, the Administration seems to be biding its time...
Although the Reagan Administration's $2.2 trillion defense buildup has been plagued by cost overruns, phony bills from contractors and gold-plated weapons systems that often do not work, this scandal is different. Rarely, if ever, have such high-ranking Pentagon officials been suspected of graft on so large a...
One of the questions asked was whether the junior faculty was especially marginalized in the department. They are not, as I told your reporter. The department as a whole tends not to function as a scholarly or personal community--not surprisingly for a large institution in an urban setting with...
To protect itself from the vicissitudes of a fickle business, Ford has been moving to diversify. Since 1985, it has bought an 80% stake in Hertz (for $1.3 billion); California's First Nationwide Bank ($493 million), the fourth largest U.S. thrift institution; and BDM International ($425 million), a military research...