Word: posited
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Dates: during 1960-1969
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Science and technology have long since made it unnecessary to posit a creative Deity as a hypothesis to explain anything in the universe. From Marxists, existentialists and assorted humanists has come the persistent message that the idea of God is an intellectual bogy that prevents man from claiming his mature heritage of freedom. In the U.S., which probably has a higher percentage of regular Sunday churchgoers than any other nation on earth, the impact of organized Christianity appears to be on the wane. One problem for the future of the churches is the indifference and even hostility toward them...
Last week two American firms, the First National City Bank of New York and White, Weld & Co., investment bankers, made a major, joint innovation in the Eurodollar market. They introduced in London the certificate of de posit, which has been so successful in the U.S. since its creation in 1961 that it now accounts for 35% of all interestbearing deposits. With the minimum for C.D.s set at $25,000, the plan opens up the Eurodollar market to people operating on a much smaller scale. And since the certificates are negotiable, the depositor will not have his money frozen...
...interest in understanding: we notice because our vision fulfills a need in our lives. In the extreme case Mr. Welch poses, we engage in inquiry to acquaint ourselves with enough technical knowledge to enable us to earn a living, build a bridge, or attain whatever finite goal we posit. The answers we obtain have meaning only in terms of the purposes behind the questions we ask; there is no realm of "truth in itself," towards which it is the duty of the student to yearn in a pointless idealism...
...race for defensive purposes, John added: "And there is no reason to disbelieve them." Did he mean that? "No," answers Monsignor Pietro Pavan, the Vatican scholar who drafted the encyclical. "This was a strategic statement of the Holy Father. He said, 'Who really knows? And anyway, I cannot posit bad faith on the part of either party. If I did, the dialogue would be over and the doors would be closed...
...joke. But this pleasant little pamphlet, by showing us how easy survival really is, offers us solid reassurance that when it comes to nuclear war we can thwart the Commies every time. They're even helping us do it. To begin with (and this is what the pamphlets' authors posit their entire civil defense program on, the enemy apparently plans to use only five-megaton "nuclear weapons." ("There are much larger weapons which could do more damage, but the damage from larger weapons does not increase in direct ratio to the size of the weapons"--so forget them...