Word: translatese
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To get into the black, Pan Am this year has slashed costs drastically. It has cut its jet kerosene fuel bills $30 million, largely by dropping unprofitable flights, and laid off more than 2,000 employees-or about 10% of its work force. Pan Am's third-quarter profit...
Since Scarf's work is for general audiences and not scientific publications, she says she translates her interviews with experts, and the technical, more scientific information she collects, into lay language. "Writing is a part of learning what you've learned about," Scarf says. It's the actual writing, Scarf...
Serious Problem. Those words might, with Galbraithian irony, be applied to the author's own belief in wage-price controls as a panacea. Corporate and union power is indeed a serious problem for any government trying to restrain inflation, and there are times when wage-price restraint must be...
Is the U.S. headed for another prolonged struggle with double-digit inflation? So it seemed last month when the Government announced that consumer prices had surged ahead at a compounded annual rate of 15.4% in July. But the latest signs are inconclusive, if by no means reassuring. The Labor Department...
The cost of money is rising mainly because other prices are moving up smartly. Alarmed by the 1.2% jump in consumer prices in July, which translates into a compound annual rate of 15.4%, commercial banks and other lenders are protecting themselves against the possibility of continued double-digit inflation by...