Word: paradigm
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Dates: during 1990-1999
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Moved PermanentlyMoved PermanentlyFortune Investor DataPrivately, Alan Greenspan can crow a little. With one eye on the so-called "new paradigm," in which tech-driven productivity gains naturally outstrip price pressures, and the other eye on a shaky Latin America, the Fed chairman isn?t anxious to raise rates. But some of his FOMC colleagues at that big mahogany table have been getting antsy about the Fed?s turning into a paper tiger, kowtowing to the stock market and letting the economy run wild and free. This week?s numbers give Greenspan a perfect reason not to listen. "There?s just...
...certainly agree that test should be used responsibly. They should be only one part of the paradigm," he said...
...certainly agree that test should be used responsibly. They should be only one part of the paradigm," he said...
There exists a paradigm of the perfect economy, a place where a dismal scientist may even lay down his HP-19B calculator because analysis is superfluous in a land where supply and demand are calibrated, inflation is checked, growth steady, the workforce fully employed and the stock market bullish. For the moment, the U.S. may be that perfect economy, and that means the greatest challenge for Larry Summers, 44, the new nominee for Secretary of the Treasury, will be not to muck things...
...hindsight doesn't do them justice. "People who weren't there don't understand," Deputy Paul Smoker, the second officer on the scene, told the Denver Rocky Mountain News. "It was unbelievable craziness." Part of the problem may be that the SWAT team was facing the emerging new paradigm of American crime: the school massacre. Eric Harris and Dylan Klebold weren't bank robbers or hostage-takers; they wanted nothing except to kill, often and quickly, and they had the preparatory advantages of being insiders. Any of the hundreds of backpacks littering the hallways could have been booby-trapped with...