Word: panaceas
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Dates: during 1950-1959
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Hansen's first love has always been teaching; most of his work in the government was advisory and he had little direct influence. In 1940, he attended a London conference of economists. Before he appeared, everyone was discussing free trade as the panacea for all world problems. Hansen introduced the idea of international cooperation to promote stability and full employment. This idea was taken up by others and ultimately led to the European Payments Union...
...swear by Apollo the physician and by Aesculapius, Hygeia, and Panacea, and I take to witness all the gods, all the goddesses . . ." Beginning with these words, budding doctors for centuries have solemnly taken the ponderous Hippocratic oath-upon graduation. Modern physicians still pledge themselves to "keep [this oath] according to my ability and my judgment...
...committee was naturally anxious to ask Harry Russell to explain his panacea, and did its best to subpoena him. But Harry just couldn't be found; he sent word that he remembered what happened to Kansas City Gangster Charles Binaggio, who was killed after talking to the authorities. Neither could the other partners in the S & G be found, nor Dog Track Magnate William H. Johnston, the man who gave the governor the 150 Gs. Like all good things, crime investigation could be carried a little...
...Scanlon plan is no panacea. There are plants where it will not work, and others where it will not work well. It has not been tried on a very large scale. But as a successful experiment in a more mature and productive labor-management relationship, it is highly significant...