Word: market
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...both major parties emphasized that Britain faced a clear choice. Callaghan offered a continuation of the moderate social democratic policies that have dominated British political and economic life since the end of World War II. Thatcher presented a clear break with the socialist past, advocating a return to the market economy and a retrenching of Britain's welfare state. As some commentators saw it, Labor, in a reversal of traditional roles, had become the party of established orthodoxy, while the Conservatives advocated radical reform...
Grantham, a market town of 28,000 in Lincolnshire, has three claims to fame: the 281-ft. spire of St. Wulfram's Church is the third highest in England, Sir Isaac Newton went to school there, and Margaret Hilda Thatcher (nee Roberts) was born and raised in an apartment over her family's grocery store at the corner of North Parade and Broad streets...
...since converted to tight money and tax cuts, became Chancellor of the Exchequer. John Nott, 47, a tough Cornishman once fired by Heath as too inflexible, became Secretary for Trade and Prices. John Biffen, 48, a deceptively shy but zealous right-wing purist and nationalistic opponent of the Common Market, was named Chief Secretary of the Treasury, in effect, director of the budget. Thatcher's one concession to the moderates on the economic front: confirming James Prior, 51, as Employment Secretary. A ruddy Suffolk farmer and most prominent of the so-called Tory social democrats, Prior has carefully tried...
...most cases, selling at a distress price to a Japanese or European firm whose attitude toward apartheid is apt to be worse, not better. The money thus realized must be invested for several years in South African government securities paying an interest rate about half that of the market. In other words, one must pay a ransom of some 40% of the sale price to the government that is the very cause...
...donor "improperly restricts" academic freedom by insisting on choosing who shall be appointed to his endowed chair, or what sorts of doctrines his money shall be used to support. Harvard rejects donations of that sort, Bok says. If a donor wished to "promote the value of the free market," for instance, the money would be turned down. Curiously enough, the University's proposal for the ARCO Forum said something like it was for "the encouragement of the free energy, free enterprise system...