Word: protectionism
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Dates: during 1980-1989
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Estrogen came into favor many years ago because it helped prevent osteoporosis and appeared to guard against heart disease. But it was discovered that estrogen increased the risk of uterine cancer. To lower the odds of contracting uterine cancer, many doctors added progestin to the treatment, and it was hoped...
REVCO D.S. Back in 1986 it was the largest U.S. drugstore chain. Revco plunged into an LBO that year after Herbert Haft, chairman of the Dart Group of retailing companies, made a bid for the Twinsburg, Ohio-based firm. With advice from Salomon Brothers, Revco chairman Sidney Dworkin led a...
But even those American legal scholars who were instrumental in helping create the South African legal-aid programs do not see them alone as an effective antidote to apartheid. Last week more than 200 black activists took another approach by opening what they referred to as a "defiance campaign." They...
Big Steel argued for protection because it believed foreign plants were unfairly benefiting from subsidies. But the industry's customers complained that the restraints produce shortages and higher prices.
The white citizens of Keysville, Ga. (pop. 430, 70% black), did not seem to care that the local government had been dormant since the 1933 election, leaving the hamlet with no police or fire protection and no water or sewer lines. But after discovering that Keysville was still a legally...