Word: sheerness
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Dates: during 1960-1969
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Like Britain's deflationary freeze, Israel's mitun was designed to right a lopsided economy living far beyond its means. Fueled by inflationary wage increases along with a demand for foreign TV sets, autos and other frills that Sapir calls sheer "gluttony," Israel's imports until recently have soared far beyond its exports. So large is its trade deficit that the Israeli pound is threatened with devaluation. In an effort to stave off that embarrassment, Sapir moved to cut consumption by raising import duties and holding down wages. He also tried to force more workers into crucial...
...Sheer necessity will no doubt soon mother the invention of improved alphanumeric systems. Necessity will also spur the development of fully automatic landing techniques, of collision warning systems, of more effective ways to control aircraft flying under visual flight rules. In the meantime, the bulk of the burden must be borne by the 14,000 controllers in towers and control centers. By intensive training and concentration, these highly trained men have learned to control as many as 21 radar blips?each representing an airplane?at a time. They have learned to steel themselves against confusion and panic, no matter...
...faith." As Luther later explained: "Night and day I pondered, until I saw the connection between the justice of God and the statement that 'the just shall live by faith.' Then I grasped that the justice of God is that righteousness by which, through grace and sheer mercy, God justifies us through faith. Thereupon I felt myself to be reborn and to have gone through open doors into paradise...
...built up some great image, this is still a liberating doctrine: that even when you slip up, you lay the whole lot at the feet of Christ, and you go on from there. All the striving and fear and anxiety goes. This seems to me a rediscovery of the sheer wonder of God's grace." Recent Luther research has emphasized the strong streak of secularity in his thought, which amounts to a virtual command for the Christian to live his faith in action. Traditionally, Luther's doctrine of "the two kingdoms" has been taken to imply that Christians...
Sophisticated Dangers. Plaguing Turner even more than the sheer volume of mergers, though, is the changing nature of such activity. Once, most corporate marriages were either vertical (between suppliers and customers) or horizontal (between competitors). The Sherman and Clayton antitrust acts defined the terms for such mergers, and the Supreme Court interpreted the definitions in their strictest sense. Laws and precedent are much murkier regarding the "conglomerate" unions that now account for 70% of merger activity...