Word: marketting
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Dates: during 1980-1989
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...best way to do this is to raise energy prices and let free-market forces do the job of stimulating conservation. First, the federal gasoline tax should be increased substantially -- to at least 60 cents per gal., from the current 9 cents per gal., over the next four years. At the same time, the Government could begin setting up a program to tax the use of all fossil fuels. The size of the tax should vary according to how much carbon is released into the atmosphere when a particular fuel is burned. That would encourage a shift in consumption patterns...
International efforts to preserve the biosphere will not succeed unless the Third World goes along with them. The irony is that the laissez-faire, free- market rules that allowed the industrial world to prosper must now be suspended. "If the developing nations, home to 8 out of 10 people, repeat the pattern of development of the North," warns UNEP's Tolba, "if they reach the North's levels of consumer goods and fuel consumption, and if they continue to clear the forests, then our mutual destruction is assured...
Those doubts were mirrored by the other members of a high-level U.S. mission that was searching for ways to assist Poland in building a free-market economy. Arriving in Warsaw two weeks ago, the delegation of Bush Administration officials, business executives, labor leaders and academics fanned out on scouting trips, touring farms, factories, coal mines and training centers and surveying the Polish telephone system...
...suddenness of Poland's great leap may create new problems, even as it seeks to solve old ones. The country lacks economic institutions that took centuries to develop in the West: it has no stock exchange, no commercial banks, little experience in the rough-and-tumble of a free market. Barry Sullivan, chairman of the First National Bank of Chicago, wondered whether the Poles' eagerness will prove to have been "monumental courage or sheer folly." While none of the Americans doubted the commitment to reform at the top of the Polish government, some questioned how it would be received once...
...bull market in homes really is over, that's not all bad -- unless it gets out of hand. It's one thing to have prices trail inflation for a number of years, quite another to allow a stock-market-style 40% crash in prices. That would leave the banks owning an awful lot of houses and the Government owning an awful lot of banks, which is why the Government is unlikely...