Word: short-run
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...possibility of a hardliner backlash notwithstanding, one can see that the Soviets have been the short-run losers of the Cold War. In a war of economic attrition they could not keep pace with the rival U.S. and they are now reconsidering the wisdom of continuing their post-war policies...
...real issue isn't whether it might be more efficient in the short-run to let the market decide the value of the dollar. It is whether we should be satisfied with eliminating the trade deficit by compromising future competitiveness and our present standard of living...
...also attempted to convey my opinion that while the absence of large pools of minority faculty candidates does constitute a real barrier in the short-run, low pools of minorities are never an occasion for failing to undertake long-range tasks involved in increasing the pools. Long-range tasks involve recruiting increased numbers of minority graduate students, and similar measures. Nor should the absence of large pools be used to justify the absence of ad hoc attempts in the short-run to attract qualified minority faculty, perhaps by recruiting them from other institutions. From my own conversations with Dean Spence...
...recovers, young companies may have to go back to the venture capitalists that gave them seed money in the first place. But that source may be harder to tap, since venture capitalists generally make their investments in hopes of making a killing when the firm goes public. So whatever short-run damage the market crash produces, it poses an even more serious long-term threat: a slowdown in the growth of small companies and the rate of innovation...
Another, calling himself a pessimist, made the distinction between long-run and short-run hopes. "The short run can limit the likelihood of time the countries that want to get into the weapons business have, but I can't be very optimistic about where we're going in the long run," said George Rathjens, political science professor...