Word: premiums
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...attract needed dollars, the government is resorting to vintage capitalist incentives. Saigonese with dollar accounts abroad who repatriate their wealth are rewarded with access to duty-free stores that sell imported goods. Citizens who receive dollars from relatives overseas can exchange them for Vietnamese dong at a premium rate. Businesses that make products for international trade are allowed to receive or spend dollars and gold freely. Explains one government adviser: "We don't care where the dollars come from as long as they are used to import raw materials and create new jobs." Saigon is also welcoming investment from...
...back. "Radar's a joke," the man replies, "You can catch a tree doing 40." Or a cab at 60. Arthur's had so many speeding tickets that he can't afford to insure his own car in Massachusetts. "They want $1100 on top of a $600 premium," he says. Another reason why Arthur doesn...
That the term essay should evoke any negative connotations is probably a factor of our early classroom experience with a stuffy set of notions that link formality to style and set a premium on bloodless analysis and objectivity. While these principles might apply in an odd way to Montaigne and Francis Bacon, it must be remembered that the congenial essay has always been one of our most personal, eccentric, and adaptable forms. "One damn thing after another," Aldous Huxley called it, "but in a sequence that in some miraculous way develops a central theme and relates it to the rest...
...producing states enjoyed a surplus of gas, while the rest of the U.S. was beginning to suffer shortages. Few drillers were bothering to explore for gas that could be sold between states. The Natural Gas Policy Act of 1978 lifted the restrictions on interstate commerce and offered producers a premium price for gas found at 15,000 ft. or below. Today the product is plentiful, but by 1979 the average wellhead price had risen...
...market. It can be deposited at 4% interest or spent in special hard-currency shops on imports and otherwise unobtainable Polish goods like high-quality vodka and clothing. Those who have no dollars can only go to so-called komercyjne, or commercial shops, where some items are available at premium prices, or to state stores, where prices are stabilized but long lines and bare shelves are the rule. Gripes one taxi driver: "We now have three classes in this classless society...