Word: maximizing
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...generation of college economics students learned that maxim from the classic textbook by Paul Samuelson. Labor unions had become so strong, the reasoning went, that they had virtually repealed the law of supply and demand as it applies to jobs and wages. Even in difficult economic times, unions would prefer to sacrifice jobs rather than relinquish hard-won gains hi salaries or benefits. During the 1973-75 recession, the worst since the Great Depression, many workers went on strike or suffered layoffs so that they would not have to give up what they won in past wage negotiations...
...badly enough), his votes are "transferred" to the candidate marked number two (see page for a more detailed explantions). If either Sullivan "makes quota" (gets ten percent of the total vote) in the first count, their surplus will be distributed to the next candidates. There is only one maxim to remember here: CCA votes are much more likely to transfer to other CCA candidates. Therefore, if David Sullivan and Walter Sullivan each went a few hundred over the quota, when their extra ballots were redistributed, David's would likely aid other CCA candidates more than Walter's would help other...
James Q. Wilson, Shattuck Professor of Government, has argued that despite student protest in the late '60s, "Whatever the students demanded, the Faculty got. If there was a realignment of power, the Faculty got it, not the students. "Nothing proves that ironic maxim more than the Faculty Council...
...selling new wine in old bottles has its dangers. One possibility is that the new product may take sales away from the old one. When it was introduced in 1964, Maxim freeze-dried instant coffee, which was named to trade on the reputation of Maxwell House instant coffee, stole millions of dollars in sales from the older product. Other attempts at brand extension fail because the gap between the old and the new items is too wide. Arm & Hammer, for example, unsuccessfully tried to stretch its baking-soda name to include an underarm deodorant. The company is still trying, however...
Iowa Bob. Paternal grandfather, football coach and source of the important maxim: "You've got to get obsessed and stay obsessed." Bob embodies the necessity to live with purpose and goals. Ironically, he dies of fright...