Word: rapid
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Strictly speaking, the Federal Reserve's action is less a shift in policy than a change in procedure. Successive Fed chairmen, beginning with William McChesney Martin in 1951, have remained committed to holding down inflation by preventing the rapid growth of money and credit. But the economy of the 1970s has grown so bloated and distorted with spiraling prices that the traditional techniques of money management have become increasingly useless and even counterproductive. Indeed, at certain critical moments, well-intentioned efforts by the Fed either to tighten up or to relax the reins on monetary growth have boomeranged. The result...
...represents an alternative path to development, very different from the old traditional British model that hasn't worked too well." Years after independence, former British colonies remain, almost without exception, poorly endowed with natural resources and handicapped by single-commodity, export-oriented economies that present few opportunities for rapid growth or full employment. Unemployment in the 22 Caribbean nations averages 40%. Millions of their citizens, including thousands of Haitian boat people, have made their way to jobs in America...
First, the charms. The flamboyance and imagination which raise Sagan to something of a '70s cult figure rescue a lot a Broca's Brain. Sagan recounts, for example, a colorful and enthusiastic history of his profession, emphasizing the incredibly rapid blossoming of American astronomy. In an equally lively essay, he describes the ludicrous procedure scientists use to name newly-discovered craters...
Wolff lucidly discerns and expresses his complex, ambivalent emotions--shame mixed with admiration, repulsion juxtaposed with idolatry. His slickly-written prose deceives in its own way, presenting what must have been an exhaustive process of disengagement as a cinch to untangle. His rapid-fire style is possible because Wolff refuses to become mired in the devastations of youth. The straightforward manner could only be assumed by someone who has weeded an overgrown and tangled history and arrived at a resolution with which he can comfortably live...
...With today's rapid rate of inflation, employees need money, not benefits. You have to put rewards in cash...