Word: rationale
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Members of the rational-expectations school, which holds that people keep a sharp eye on government policies and then act accordingly, were also caught short by inflation's fall. "If you had listened to me eight years ago," says University of Chicago economist Robert Lucas, "I would have predicted an...
We, like the Soviet Union, possess a war economy, centered on a military-industrial complex, with a variety of inefficient producers protected by their cozy relations with the armed forces. Yet war as we understand it is becoming obsolete. Clearly, much of Gorbachev's foreign and domestic policies are designed...
ARGUMENTS often heard from the government, such as that military and pure research often produce "spin-off" applications possessing great value, are not very convincing claims. A science policy based on the expectation of serendipity is not terribly rational. We would be better served by aiming at practical technologies from...
TANYA Selvaratnam as Medea goes full throttle with the mental illness aspect of her character. From the very beginning of the play, Selvaratnam portrays Medea as having lost it full tilt. Thus, you lose sight of the rational motivations that her character might possess.
By the late Middle Ages, however, music theorists began to experiment with non-rational intervals to enhance aesthetic appeal. "Musicians began to be disillusioned with the rigidness of the mathematical structure," McConnell says. "Math and music began to diverge--each culture began to build up its own world, with its...