Word: mix
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Dates: during 1970-1979
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...growth of money supply. Many economists indeed blame all post-World War II recessions on overly zealous anti-inflationary policy. But that criticism obscures a vital point. In a society that operates by private decision-making rather than central command, governments must make difficult judgments on the exact mix of tax, spending and money-supply policies needed to nudge businessmen and consumers into the "right" decisions on how much to buy, build and borrow. Inevitably, the fallible humans who run treasury ministries and central banks will make some wrong judgments?and the economy will react...
Inside the Tip. The Soviets want to retain the option of arming some of their SS-18s with single warheads and some with MIRVS. The U.S. argued that such a mix makes policing the SALT agreement nearly impossible. Reason: the satellite photos both sides use to count the number of missiles are unable to "peek" inside the tip of the missile to see if it has a multiple warhead. The U.S. position has thus been that once a class of missile has been tested with MIRVs, all units of that class must be considered MIRVed...
...student tends to be with his classmates in many ways: on Freshman teams, in the less advanced courses, etc. The desirable objective is to give him the opportunity to mix with others also. The justly touted broadening effect of a Harvard education is in large part attributable to exposure. Segregation of any sort diminishes exposure and is therefore suspect...
...major justification for expensive athletic programs, in which I am engaged, is that they mix people through the common bond of a single pursuit, thus contributing markedly to exposure. The same concept applies to all extra-curricular activities. Should we have "Sophomore teams" as well as Freshman teams? The justification for Freshman teams is that they give opportunity to those not potentially good enough for the Varsity to get the fun and benefits of a team experience. After that there is the Junior Varsity--mixing three classes...
...Best Mix. But not much room for compromise is visible; the White House and the Democratic congressional majorities differ deeply not just on details but in their philosophical approach to the problem of holding down imports and making the U.S. less dependent on foreign crude. The President would like to rely almost exclusively on higher prices and taxes to dampen demand for oil and encourage production of more domestic petroleum. Generally, the Democrats favor reducing fuel consumption by conservation measures and some form of Government allocation. But the Democrats are so deeply divided on the best mix of measures that...