Word: lags
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Neglect of medical care kills more Americans than automobiles, cripples and blinds thousands more. Every year the U.S. invests hundreds of millions of dollars in medical research, the Public Health Service points out in a new pamphlet called The Costly Time Lag; but lives are lost or blighted "because the knowledge gained from research is not fully used." Main time-lag costs...
...week that could change the whole future of mankind, there was still another view, and it seemed all too familiar: Plus fa change, plus c'est la méme chose. In 1957, when Russia orbited Sputnik I, the U.S. displayed its rocket lag for all the world to see. Last week's Soviet exploit demonstrated that the lag has scarcely lessened. Official U.S. reaction to Gaga's feat was at least as nonchalant as the reaction to the first Sputnik. President Kennedy congratulated the Russians, but at his press conference he indicated that the desalinization...
Throughout the week, in the White House and aboard the yacht Honey Fitz, the President of the U.S. and the Prime Minister of Great Britain talked earnestly. Their styles differed: John Kennedy spoke briskly, changing the subject whenever the conversation began to lag, while Harold Macmillan preferred a chattier, more leisurely pace. Their aims differed too: Kennedy was anxious to impress Macmillan with his ability to lead not only the U.S. but the free world; Macmillan was eager to convince Kennedy of Britain's value as an honest broker in the cold war. From time to time, aides issued...
Both noted the "racial inferiority complex" of the Negro and white adherence to outmoded "myths" as reasons for the lag in transforming the intangible into the tangible...
Milton Friedman, University of Chicago: The trough of the recession will come some time this summer. The rate of change in the money supply turned upward in the middle of last year. Generally there is a lag of about ten to twelve months between such a turn and the trough of a business cycle...