Word: pendulums
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Dates: during 1970-1979
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Fortunately, notes Kissinger, though Nixon was eager for a summit in 1970, the Soviets overreached themselves and Nixon "did not need it as desperately as Moscow reckoned." The U.S. bided its time, and soon the pendulum was swinging its way. In December 1970, trouble erupted on the Soviets' own doorstep with food-price riots in Poland. In July 1971 came the announcement of Nixon's trip to China. Less than four weeks later, the Soviets formally invited the U.S. President to visit Moscow in the spring of 1972. Kissinger served as a kind of diplomatic advance...
...morality campaign of 1976, a Connally candidacy would have been almost unthinkable. But the pendulum of American political preferences seems always swinging, moving from a fear of an imperial leader to a fear of a weak one, from a desire for a moral President to a desire for a shrewd horse trader. So, as Johnson and Nixon begat Carter, now Carter could just conceivably beget John Connaly, if the horse-trading rancher can satisfy skeptical Americans that his steed is white and he will never come home with a spavined and one-eyed...
When demand turns slack and unemployment shoots up, Keynesianism can still play an important role. But now the economic pendulum has swung from underutilization of capacity to overstraining of productive resources, and policies aimed at further firing consumer demand without simultaneously increasing investment and supply have become about as useful as Gerald Ford WIN buttons. Says Feldstein: "It is a much more complex world than Keynes or anyone else admits, and it is constantly changing. We know enough to move the economy out of a trough but not to control the business cycle...
...same style as FM 22-5, the Army field manual that explains, among other things, how to turn left while marching. In addition, Target 26 trudges far too long through the minutiae of long-distance running. The authors remind readers unnecessarily that runners' "arms should move in a pendulum fashion, bending at the elbows with a smooth rhythm that matches the cadence of the stride," or, after an overlong section on diet, conclude that foods that tend to make runners sick should be avoided before races. The two walking books, both titled The Complete Book of Walking (Simon & Schuster...
...York thrives between the pit and the pendulum. Theater attendance is up and so is the number of tourists who come to the megalopolis. This gas-shy summer will be no exception. Herewith, in alphabetical order, a ten-best list of attractions on and off Broadway well worth the high price of admission. Mind you, taste is a priceless democratic choice, and there are other shows that will reward a visit...