Word: metallize
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Dates: during 1980-1989
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Title of ProjectPrincipal Investigator Amount Period Harvard Faculty Geometric Problems in Adaptive Control Roger W. Brockett, Christopher Byrnes $41,318 1/1/81-12/31/81 Division of Applied Sciences Theoretical Studies of Metal Oxides Alexander Dalgarno $181,104 9/30/78-9/29/81 Arts and Sciences Theoretical Study on the Energetics and Dynamics of High Energy Inelastic Collision Processes Dudley Herschbach $184,730 1/1/80-1/31/82 Arts and Sciences Symposium on Mathematical Modeling of Circadian Systems Martin Moore-Ede $7,250 5/1/80-4/30/82 Medical Jet Lag Prevention: Physiological Mechanibms and Iharcacological Therapy Martin Moore-Ede $265,041 4/1/78-3/31/82 Medical Spectroscopic Determination of Intermolecular Potentials of Gas Laser Components and of Major...
...General Abu Ghazala to his left. For three days before the parade, security personnel had inspected every rifle, every truck, every tank that would be in the march, to make sure that no live ammunition would be issued. Now the security men were combing the arriving invited guests with metal detectors. Jehan Sadat, the President's elegant wife, 48, had brought her grandchildren and was watching from a glass enclosure at the top of the stand; it was the first time she had taken the youngsters to a public event. Abu Ghazala launched the proceedings with a speech praising Egypt...
Economists concerned about fixing the right price for gold have been discussing in recent weeks the problems of "re-entry," the space-age term to describe a return to the medieval metal. Laffer says the White House should announce that the U.S. will be going on the gold standard in say, three months. When G-day arrived, the Treasury would begin buying gold at the market price, and the Federal Reserve would partially back its obligations with gold, up to perhaps 40%. Economist Greenspan has another, milder proposal for testing the waters. He suggests issuing Treasury notes whose value...
...pushing up interest rates. Such action would, of course, crush businesses heavily dependent on borrowed funds and substantially boost unemployment. The dollar would be under particular pressure whenever conflicts like the Iran-Iraq war caused wealthy Arabs and other panicky investors to seek the safety of the yellow metal. Warns Otto Eckstein, chairman of the Data Resources econometric forecasting firm: "The U.S. would have to follow a massive policy of deflation every time international disturbances created a run on gold...
Other board members are much less enthusiastic about gold's powers. Charles Schultze, chief economic adviser to President Carter, thinks that the metal's allure stems from a wishful notion that financial stability can be achieved in a "fixed mechanical way," rather than by "trusting human beings." The danger, says he, is that the gold standard would put policymakers into such a "straitjacket" that they would be unable to respond to changing economic conditions. The result: even greater instability and more frequent bouts of high unemployment. Joseph Pechman, director of economic studies at the Brookings Institution, agrees...