Word: union
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...economy. I'll have more to say about this shortly. Federal Reserve policymakers also underestimated both their own contributions to the inflationary problems of the time and their ability to curb that inflation. For example, on occasion they blamed inflation on so-called cost-push factors such as union wage pressures and price increases by large, market-dominating firms; however, the abilities of unions and firms to push through inflationary wage and price increases were symptoms of the problem, not the underlying cause. Several years passed before the Federal Reserve gained a new leadership that better understood the central bank...
...citizens. Rivalries between Nations and power blocks constantly erupted. It was in the aftermath of the massive death toll and destruction of the second World War that French Foreign Minister Robert Schuman made the proposal in 1950 which would later lead to the establishment of the European Union. His first objective was to prevent further wars by building structures through which points of disagreement could be resolved peacefully. Initially this concept must have seemed unbearably naive after such bloody battles, but somehow it has worked...
...telling that to Dariga Nazarbayeva, daughter of President Nursultan Nazarbayev and one of Kazakhstan's leading cultural figures. Nazarbayeva - an accomplished mezzo-soprano who runs one of her country's TV networks - says that nothing before or since the tiny nation emerged from the ruins of the Soviet Union has given Kazakhstan anything like the recognition generated by Borat Sagdiev. That would be Borat, the comic alter ego of British actor Sasha Baron-Cohen, in his spoofy mockumentary Borat: Cultural Learnings of America for make Benefit Glorious Nation of Kazakhstan. Thanks to Borat, Nazarbayeva no longer has to explain where...
...over democracy; the prohibition had served the commendable purpose of keeping a pattern of patriarchal exclusion out of educational institutions. The battle over the ban, still ongoing, is testament to Turkey’s schizoid situation between the fundamentalist tide roaring to its south and the atheistic, successful European Union it desperately hopes to join...
...placing two self-determination crusades under the same spotlight—one against the Soviet Union, the other against the U.S.—Harvard helped to demonstrate that the different causes are essentially the same,” former Crimson President Jacob M. Schlesinger ’84 wrote at the time. In the past, Commencement transcended the “celebrity parade mentality that has surrounded the event in recent years” and was instead a “fresh, well-crafted intellectual argument,” he wrote...