Word: sectoral
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...this year than in the debate over new Corporate Average Fuel Economy standards (CAFÉ). The U.S. automakers argued to congress that Americans don’t want the kinds of cars that are needed to dramatically reduce the one-third of total emissions that come from the transportation sector. In the end, the American automakers were given a pass by the country’s elected officials to continue placing heft and horsepower ahead of what is right for the country and the planet...
...While private-sector initiative was the key ingredient in generating the pickup in productivity growth, government policy was constructive, in part through support of basic research but also to a substantial degree by promoting economic competition. Beginning in the late 1970s, the federal government deregulated a number of key industries, including air travel, trucking, telecommunications, and energy. The resulting increase in competition promoted cost reductions and innovation, leading in turn to new products and industries. It is difficult to imagine that we would have online retailing today if the transportation and telecommunications industries had not been deregulated. In addition...
...Output per hour worked reflects data from the Bureau of Labor Statistics for the private nonfarm business sector...
...lower-paying sector is not losing future employees because of salary size: education. Nearly 11 percent of respondents said they would go into education if finances were not an issue, the same percentage when finances were considered...
...This should not be taken as a snide attack on any of my classmates. Harvard has, and should continue, to provide leaders in every sector of private and public life, as long as they aren’t wandering as I was, without a clear purpose and susceptible to distractions. Conscious of what we have been given, of the status afforded our university and of what is expected of us, we should all be working at whatever we do with sure hand, clear eye and sharpened power toward a more just and equitable society. The “hour?...