Word: peg
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While wholly unacquainted with Tennessee Williams’ work, I went to see the Harvard-Radcliffe Dramatic Club’s production of “Cat on a Hot Tin Roof” with various expectations. After all, it couldn’t be too hard to peg some key elements that you would expect from any play about a Southern plantation family written by a Southern man. It would be depressing, charged with racial tension, and involve some sort of metaphysical decline...
LIBERATED HOUSEWIVES adored her. Hungry husbands, presumably, couldn't stand her. Peg Bracken, a former advertising copywriter, parlayed her disdain for wifely chores into the snarky best-selling 1960 recipe manual The I Hate to Cook Book, a guide for quick, easy meals. It became a staple of baby boomers' kitchens, and she followed up with popular sequels about housekeeping and etiquette. Her beef stew would "cook happily all by itself," she once wrote, on "days when you're en negligee, en bed with a murder story and a box of bonbons...
...original's $5,000 price tag. "A commercial decision was taken to use some reproduction similar chairs," Lorraine Homer, spokeswoman for McDonald's in the U.K., tells TIME via e-mail. "Whilst we wish to continue placing Fritz Hansen chairs at some restaurants, using an off-the-peg alternative allows us to re-image a greater number of restaurants...
...haven't these countries' currencies been gaining on the dollar? Because their governments won't let them. China's dollar peg, established in the mid-1990s, is often portrayed in the U.S. as a mercantilist attempt to sell more stuff here (if the Chinese yuan is cheap relative to the dollar, imports from China are cheaper too). But there's much more to it than that: by reining in the often pointless fluctuations of currency markets, countries can bring stability and encourage trade...
...other side are the Chinese, who adopted a currency peg of about eight RMB to the dollar to stabilize their economy in 1994 and stuck to it even when there was great pressure to devalue after the Asian currency crises of 1997. Since 2005 the Chinese have allowed an 8% rise in the renminbi's value, but they are deeply suspicious of those who urge faster change. Never far from their minds is the sad example of Japan, which acquiesced to Washington and--many Asians are convinced--paid a terrible economic price. Adding to their suspicions is the fact that...