Word: restrainedly
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...these problems be alleviated? In dealing with inflation-recession, national policy cannot "fine tune" the economy, but must continue to seek limited yet important aims: adjusting tax, spending and money-supply policies to stimulate or restrain the economy. The recent record is scarcely reassuring. But there is ground for hope that economic managers can learn enough from past mistakes to wield their fiscal and monetary weapons more effectively...
Another prime requisite is that governments should be prepared to change fiscal-monetary policy in the early stages of slump or boom. A mildly restrictive policy in the late 1960s would have done more to restrain price increases than the recurring rounds of supertight money that followed after inflation had gathered powerful momentum. Similarly, a small tax cut and moderate expansion of the money supply last summer would have combatted unemployment more effectively than the heavy stimulus that was applied this spring...
...wrote the letter in the Radcliffe, Class of '75's freshmen registration envelope, advising class members to "restrain the baser instincts of their menfolk...
Mutual Defense. Washington feels that Seoul's anxiety is at least slightly exaggerated; many experts expect Peking or Moscow (or both) to restrain Kim (TIME, May 12). Seoul, however, still has cause for concern. Communist victories in Indochina may so embolden North Korea that it will once again send its forces across the 38th parallel, perhaps gambling that South Korean President Park Chung Hee's repressive regime (TIME, April 28) has alienated the populace. Kim may also feel that the U.S., which has a mutual defense treaty with South Korea (backed by the presence of nearly...
Rent control is a complex issue, one that is hard to generalize about except in a shallow, ideological way. The fact that rent control as it is presently administered probably contributes to housing deterioration does negate the need for some form of rent control to restrain rent inflation in a tight housing market. With the present rent control law, however, rents will rarely keep pace with inflation, and to expect landlords to permanently absorb the difference is naive. In the present situation, rent control may just be a case of pay now (higher rents) or pay later (new taxes...