Word: reductionism
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Dates: during 1990-1999
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Wall Street wags are convinced that the junk-bond king will cooperate with federal prosecutors in return for a reduction of his 10-year prison sentence. Why? Toupees are not allowed in the federal penal system, and Milken, who wears one, can't bear the thought of going bare.
Such a system, if accompanied by a general reduction in the room charge, would strike a blow for distributive equity. (Read: it's politically correct.) No longer would poorer students be forced to subsidize the electricity that powers the CD players and VCRs of their richer peers.
Ultimately the solution to the drug crisis is to dry up demand. The conventional wisdom is that demand reduction means prevention, which in turn means education. Which means what, exactly? If it were simply a matter of conveying scientifically accurate information on posters and public-service announcements about the dangers...
Earlier this month Secretary of State James Baker and other U.S. officials were in European capitals seeking a compromise. The 12-nation E.C. favors a 30% cut in domestic farm subsidies over 10 years, starting from 1986. But Washington, backed by the 14-nation Cairns group of major agricultural exporters...
The doctor is less reticent about his results. He claims the ointment reduces pain almost on contact, lessening the need for narcotics. MBO also cuts healing time one-third for many burns, he says. And that reduction can sharply reduce scarring. Some cases requiring skin grafting operations in the U.S...