Word: marketization
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Dates: during 1990-1999
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...pigs, on the other hand, can't be killed fast enough--though 2 million a week are being butchered. And therein lies the problem. Hog farming, until recently the most profitable sector in agriculture, is stuck in the mud. A glut of live pigs on the market, exacerbated by a sudden drop in slaughterhouse capacity, has pushed the price of pigs down to levels not seen since the Depression. "It's a lethal mixture," says Al Tank, CEO of the National Pork Producers Council. Across the South and Midwest, farmers are losing thousands of dollars a day, drifting deeper into...
Bailey isn't alone in his suspicions that something more than simple market forces is at play. Many farmers have pointed the finger at their Canadian brethren for flooding the market with swine, and are urging tougher import restrictions. Meanwhile, some critics believe that a few dominant corporate hog processors, like IBP or Smithfield, have unfairly profited from the farmers' misfortunes. "This isn't a matter of outmoded hog producers falling victim to the invisible hand of the market," says Senator Tom Harkin of Iowa. "Pork in the grocery store costs the same now as six months ago. An anticompetitive...
...search engines; they archive the hundreds of millions of pages that make up the World Wide Web. Yahoo, Excite, InfoSeek, Lycos and Hotbot are examples of search engines. The confusion probably stems from the fact that Netscape's and Microsoft's browsers (the Coke and Pepsi of the browser market) take you to their own home pages--which have search engines--when you start them. You can change that start page by going to the browser menu's "Internet options" on a PC or "Preferences...
...managing health insurance. But if genetic testing starts to have real impact on their health-care coverage, they could have second thoughts, and may seek refuge in some form of nationalized health insurance. In that case, it will be up to the insurance industry to offer a free-market alternative that Americans find palatable...
...transfer information from genes to proteins. And they have the perfect molecular tool with which to do it. By synthesizing strands of DNA that are the mirror image of the RNA they wish to block, researchers can produce a drug that is more specific than anything else on the market. Because it interrupts the "sense" that the cell is trying to make of the RNA molecule, the new technology is called, appropriately enough, anti-sense...