Word: spirals
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...option plan artificially inflates property values in Harvard neighborhoods, thus making t harder for others to buy homes whiles increasing the value of University holdings, Richard Currier, of Currier Associates Realtors, says the option plan "enables and encourages them to pay a higher price. This creates an inflationary spiral and sets a standard for property values in each neighborhood." Harvard officials, such as O'Brien, deny that the option plan has a "significant" effect on the Cambridge housing market. "Our faculty is as prudent a buyer as anyone else," O'Brien says...
...final consequences of such escalation. "In 1972 we had a chance to outlaw MIRVs. The Russians, who did not have them, wanted to ban them, but we didn't. Now we have to build MX missiles because their MIRVs are threatening us." Lown says, stressing that this spiral could continue indefinately...
...most worked-out emblem of Leonardo's pessimism occurs toward the end of his life, in the 1510s, with the deluge drawings. In them, the spiral that was his sign for life becomes the symbol, and instrument, of ultimate destruction. Perhaps the germ of these drawings lay in his witnessing, as Clark has suggested, some great flood resembling the one that hit Florence in 1966. In those rhythmical, abstract spirals, like vast shavings from a plane, that emanate from the tumbling mountain, the exploding lake and the destroying clouds, Leonardo found his sign for the dissolution of all matter...
Taken together, the two statements were seen by some U.S. analysts as an attempt to forestall a costly upward spiral of the arms race. That is something that Moscow, which has to deal with an expensive war in Afghanistan and a sluggish economy at home, can ill afford. "Having listened to President Reagan's plans for the military budget," speculates U.S. Kremlinologist S. Frederick Starr, "Brezhnev knows that a similar [Soviet defense] effort would be painful and dangerous domestically...
...high as 98%. Reynolds argues that instead of being cut, as Reagan proposes, the G.S.L. program should be controlled by colleges rather than banks. This change would help guarantee that the loans would be applied toward real need and eventually repaid. Otherwise, says Reynolds, with costs continuing to spiral (next year's tuition and board are scheduled to jump to $9,000), Bates and other colleges may have to start basing admissions on ability to pay. Says he: "We can stand a lot of programs being cut if the Reagan Administration really tackled inflation. But if they only...