Word: moneyed
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Dates: during 1980-1989
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...hands of individuals. This mode of saving doubtless owes something to exchange controls and preferential tax treatment, but Italians have been willing buyers of state paper, thus absorbing the burgeoning debt. In this situation, rises in interest rates have the perverse effect of stimulating consumption by putting more money into people's pockets. Moreover, another part of the government's deficit spending directly helps private business by shouldering part of employers' social-security contributions, thus boosting profits and encouraging investment...
...Healthy pregnant women waste a lot of time and money going to the doctor," declares the panel's chairman, Dr. Mortimer Rosen of Columbia University's College of Physicians and Surgeons in New York City...
...Austrian border, they reached Vienna, where they sent relatives a postcard explaining what they had done. From Vienna, the West German embassy sent them to a transit camp near Munster in the Federal Republic, where Olaf was quickly offered a roofing job in nearby Ochtrup. He finds the money much better than his old pay -- 18 West German marks ($9.50) an hour, vs. 5.4 East German marks ($2.85 at the official exchange rate). "The materials, equipment and technology are as different as night and day," says Olaf. "Here you use cranes and power drills. There, muscle, hammer and chisel...
...well into six figures, two jeeps and a vacation house. Both his two children and Melody's three (from previous marriages) are grown and on their own. But Braden once more has to "save up." Arvida is pulling out of Coto de Caza, and he is trying to raise money to buy both the college and the research center...
...Kenya is striking back. In his breast pocket, Woodley has an envelope stuffed with 30,000 Kenyan shillings ($1,428) -- money for informants. The antipoaching units are exchanging their World War I bolt-action rifles for automatic assault weapons. Within the past year the APUs have killed 18 poachers under a shoot-to-kill order. Dozens of senior wildlife-department personnel have been interrogated, and some have been relieved of their duties. These measures seem to be working. In the past month not one fresh carcass has been found. "Everyone is keen as mustard," says Woodley, beaming...