Word: trade
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Dates: during 1990-1999
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Many other Rooseveltian acts loom larger in historical retrospect than they did at the time, when they passed unnoticed or unappreciated. For example, T.R. was the first President to perceive, through his own pince-nez, that this nation's future trade posture must be toward Asia and away from the Old World entanglements of its past. Crossing the Sierra Nevada on May 7, 1903, he boggled at the beauty and otherworldliness of California. New York--his birthplace--seemed impossibly far away, Europe antipodean. "I felt as if I was seeing Provence in the making...
...social protection, regulation and control. Laissez-faire ideologues and Roosevelt haters cried that he was putting the country on the road to communism, the only alternative permitted by the either/or creed. But Roosevelt understood that Social Security, unemployment compensation, public works, securities regulation, rural electrification, farm price supports, reciprocal-trade agreements, minimum wages and maximum hours, guarantees of collective bargaining and all the rest were saving capitalism from itself...
...series of conferences in 1944, he committed the country to international mechanisms in a variety of fields--finance and trade, relief and reconstruction, food and agriculture, civil aviation. Most of all, he saw the United Nations, in the words of the diplomat Charles E. Bohlen, as "the only device that could keep the U.S. from slipping back into isolationism." He arranged for the U.N.'s founding conference to take place in San Francisco before the war was over (though it turned out to be after his own death in April...
...claims that "the general trend of society would support [a ban]." Has Harvard suddenly become a place that blindly follows the dictates of society? He also cites students' calls to purchase more exercise equipment as a reason to initiate a ban--this is downright silly. Suddenly, we have to trade acquiring more treadmills at the MAC for our personal freedoms? Eric Nelson's observation that we are on our way to adulthood is a good one, and I sincerely hope that he maintains his fight against such condescending whims of the administration. MICHELLE L. MURPHY '99 April...
...same time, governments in general are having increasing trouble keeping up with the bracing new global competition and the pace of technological change. The traditional boundaries of the nation-state are being eroded by the lowering of trade barriers, the increase in foreign investment and the rapid integration of capital markets that is being driven by computers and cheap communications. Governments simply have less say over what happens in their domestic economies. In our new book, The Commanding Heights, we call this shift globality, the next step beyond globalization. It describes the high-velocity interconnected world economy in which...