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Word: panacea (lookup in dictionary) (lookup stats)
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...Panacea. If subsidies can be shrewdly applied to stabilize the cost of living, the Administration will have begun to win an important home-front victory, for it will have done all that Labor can ask for by way of holding essential prices in line...

Author: /time Magazine | Title: INFLATION: Salvation by Subsidy | 5/17/1943 | See Source »

...subsidies are no general panacea. They are complicated, and can be applied to relatively few items. They cannot possibly hold down the general price level, in which many items, notably luxuries, should perhaps be allowed to go up faster than OPA has so far conceded...

Author: /time Magazine | Title: INFLATION: Salvation by Subsidy | 5/17/1943 | See Source »

...have no panacea to suggest. I am just noting a condition...

Author: /time Magazine | Title: Letters, May 10, 1943 | 5/10/1943 | See Source »

...question is not whether Germany can be defeated from the air. Air power is no substitute, no panacea for the pangs of war. The question is only whether the U.S. and Britain will elect to concentrate their maximum air strength against Germany this year. Bombing can mutilate Germany's might at home. Bombing, for the present, is the only way to strike the Germans at the sources of their power. Bombing, on a grand scale, is the only way to strike a blow which, if it does not defeat Germany, will at the least leave Germany crippled...

Author: /time Magazine | Title: The Real Bombing Of Germany, Sep. 7, 1942 | 9/7/1942 | See Source »

...layman this panacea also has pitfalls. For one thing, the services themselves have scarcely begun to show any real understanding of how to conserve scarce materials or how to use them to the best advantage. But the least encouraging aspect of this new solution is that, like all the earlier ones, it is not a master plan but a way to implement one. Until there is a plan itself, what Bill Knudsen called "maldistribution" will turn out to be a euphemism for "shortage...

Author: /time Magazine | Title: Business & Finance: Last Chance for Purp | 8/17/1942 | See Source »

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