Word: surplus
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...office-space surplus is rapidly spreading to other cities. Vacancy rates are reaching alarming levels in Fort Lauderdale (28.3%), Phoenix (24%), New Orleans (22.7%) and other Sunbelt cities, where the strong economic growth of recent years fanned real estate speculation. As soon as one city is glutted, developers move on to the next. Says Mack Taylor, an Atlanta developer: "When they realized the game was over in Denver and Houston, a lot of them came here...
...belongs to Premier Zhao Ziyang, a Deng protégé who served as the party's provincial secretary from 1975 to 1980. Zhao helped introduce the contract-responsibility system, the bedrock of rural reforms, in 1977. Families and individuals were assigned plots in return for promising to meet harvest quotas. Surplus crops could be sold to the state at higher prices. Eventually, peasants were also allowed to sell the extra grain at market. The experiment worked so well that it was adopted as a national policy in late...
...embarrassment of laughing out loud in packed trains or at crowded lunch counters. In addition, Buchwald's wit is a comfort, not a goad. He is like a town crier assuring the citizenry of the status quo: the sheep are still in the toxic meadow, the cows in the surplus corn, the politicians reliably hypocritical and venal...
...more forceful management. Said Board Chairman John McKean: "The governors did lose confidence in Mr. Carlin. We think we can do better." Helped by increases in all postal rates, including a boost in first-class stamps from 20˘ to 22˘ last February, the service ran a $479 million surplus in the final quarter of 1985 and was carrying more mail than ever, 140 billion pieces to 73.8 million businesses and households last year. Carlin, though, was seen as cut from the old post-office mold and too protective of the organization's bureaucracy. The governors want to move faster toward...
Your analysis of the economic reform being introduced in China under Deng Xiaoping was excellent. It would have been even more interesting had you mentioned that the concept of making all land common property and paying rent to the state for its use under a "contract system," with surplus production going to the free market, is a direct application of the theory published by the American writer Henry George in Progress and Poverty, in 1879. The parallel is so close I wonder whether Deng has the book in his library. Douglas Denby, President John Cabot International College Rome...