Word: standardized
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Dates: during 1950-1959
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Christmas Chatter. Erhard lives, breathes and talks Marktwirtschaft. He is forever evangelizing−at banquets, cocktail parties or even family gatherings. He has made 81 trips abroad, including five to the U.S. ("Free enterprise has given the American citizen," says Erhard, "a living standard and a chance for self-expression unparalleled in the rest of the world.") His energy is prodigious, his persistence monumental. On one four-week swing through Latin America ("the continent of the future"), Erhard outlasted two aides, who split the 18-hour daily duty of keeping up with him, outate, outdrank and outtalked his hosts...
...there time?" asked Ebtehaj, echoing a major theme of the conference. "Is there time in which to effect these physical improvements in the standard of living, and yet to maintain the basic freedoms in which all of us here believe? We believe there is time−provided that our program in Iran responds to the spur of urgency. To such a spirit of urgency and decisiveness we are fully committed...
...Chile saves only 8%, the Philippines 7%, Indonesia 5%, and many other underdeveloped countries even less. A rule of thumb is that any country with a rising population must save at least 10% of its current production for investment if it hopes to make progress in raising the living standard of its people. If a nation saves from 10% to 15%, it can expand rapidly...
Reciprocal Trade. In Port Moresby, New Guinea, the South Pacific Post reported that Kairuku Territory Cooperatives had been plagued recently by embezzlement, added: "It is an interesting comment on the efficiency of the Cooperative training courses to note that the standard of embezzlement was in each case particularly high...
Using a halfback option play with devastating effect, the Green ripped at will through the Crimson defenses in the first half. Two touchdown plays, covering 26 and 14 yards respectively came on the option. This play is a neat variation on the standard quarterback option...