Word: priced
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Dates: during 1980-1989
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...Brian, the price would be far too steep...
Stephen Schneider of the National Center for Atmospheric Research responds that waiting for absolute certainty about global warming will produce many years of policy paralysis. Thomas Lovejoy of the Smithsonian Institution agrees, noting that societies may pay a price for doing nothing that outweighs ) the expense of prudent preparation. While the world hailed the 1987 Montreal Protocol, designed to reduce chlorofluorocarbon output, the destruction of the ozone layer continued to accelerate because of CFCs already in use. Atmospheric chemist Sherwood Rowland of the University of California at Irvine is worried that similar delays in dealing with global warming will produce...
...PREPARE FOR A DROP IN PRICE OF HOUSING, warns columnist Hobart Rowen in the Washington Post. "Experts agree that the nation may be facing a serious drop in demand for housing over the next 20 years, because the Baby Boom of the 1950s has given way to the Baby Bust of the 1970s...
...banks and the Government already own an awful lot of homes -- 250,000 would be a rough estimate -- which alone is reason to expect prices to be weak. The Resolution Trust Corp., set up to sell off the holdings of hundreds of failed S&Ls, is pledged to avoid triggering a price crash. Yet this is an arm of the same Government, after all, that actually lost money auctioning off confiscated drug loot...
What will work? Only policies the West takes for granted but that could weaken Gorbachev's grip on power -- lifting price controls, encouraging more entrepreneurism, decentralizing economic decision making...