Word: part
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Dates: during 1970-1979
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Supply economics has as many meanings as there are economic philosophies. To the serious student of economics, whether it be Social Analysis 10 or any other level, the supply side is simply the resource-production-cost aspect which is a part of any economic system, and is at the center of most socialist and less-developed economies. Advanced industrial societies seemed to have the production problems solved, and their business cycles appeared to originate mainly in fluctuations of private and public demands. The Keynesian analysis seemed appropriate since its focus was on the demand side...
Unfortunately, the London conference does not seem to be leading up to a peaceful settlement. Now in its second week, talks on the future of Zimbabwe (Muzorewa's government has dropped the "Rhodesia" part) are mired in troubles. Admittedly, the conference got off to a shaky start; just before it got underway, the Salisbury government launched a "pre-emptive" strike against Mugabe's troops in Mozambique, blowing up fuel dumps and radar stations and killing 300. When the Salisbury representatives arrived in London, the Front delegates responded by branding Muzorewa and his associates "criminals" and refusing to shake hands...
Both sides took extreme positions from which they claimed there could be no compromise. Muzorewa, just elected as part of an internal settlement between moderates and the white Smith government last April, was apparently unwilling to re-run the election; Nkomo and Mugabe, pressing forward on the battlefiels from bases in Zambia and Mozambique, were seemingly unwilling to exchange a certain cease-fire for uncertain political victory in domestic elections. Muzorewa justified his stand by claiming that the Front leaders were "terrorists" interested in seizing power. For their part, Nkomo and Mugabe called Muzorewa a "white puppet" blocking a switch...
...Front and Salisbury representatives came to agree on a general agenda last Thursday. Muzorewa made the larger concession, agreeing to consider both constitutional changes and "pre-independence arrangements" at the conference. His decision to discuss the latter seemed to mean a role for the Front. Front forces, for their part, had to compromise too: they agreed to discuss needed modification in a constitition largely handed down from the days of white rule. For a while, it seemed that the London conference might be on the way to achieving an end to 14 years of Rhodesian political strife, seven years...
...Palestinian problem is the most intractable part of the Middle Eastern conflict. The Palestinians are fragmented, geographically and politically. Those who live in the territory of the former British mandate of Palestine are divided into two groups--Israeli Arabs, and the Arabs of the occupied West Bank and Gaza strip. Those who left Palestine either in 1948, when Israel became a state, or in 1967, when Israel moved into the West Bank and Gaza, are dispersed all over the Middle East, in Jordan, in the Emirates, in Saudi Arabia, in Syria, in Lebanon where the guerillas of the Palestine Liberation...