Word: traditionall
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Strictly speaking, the Federal Reserve's action is less a shift in policy than a change in procedure. Successive Fed chairmen, beginning with William McChesney Martin in 1951, have remained committed to holding down inflation by preventing the rapid growth of money and credit. But the economy of the 1970s...
Admirers of the "Volcker package," is European central bankers are already calling the Fed's moves, praise it mainly for the promise it holds that the U.S. will be able at last to control the availability of credit, as opposed to just its cost. After a full decade of high...
As a U.S. official adds, "Cuba represents an alternative path to development, very different from the old traditional British model that hasn't worked too well." Years after independence, former British colonies remain, almost without exception, poorly endowed with natural resources and handicapped by single-commodity, export-oriented economies...
The interview took place at the Ayatullah's residence in the holy city of Qum and lasted, in all, for about three hours. As a sign of respect for Khomeini, Fallaci decided to wear a chador, the traditional floor-length black veil worn by Muslim women in Iran. "I...
A girl's best friend can be a politician's worst enemy. Last week the French satirical weekly Le Canard Enchaîné charged that President Valéry Giscard d'Estaing, while serving as Finance Minister six years ago, had accepted a 30-carat tray...