Word: wealth
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Dates: during 1980-1989
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...little reason for anyone to read further. But Kennedy's argument is more supple than it at first appears. A nation's strength, both in its commerce and on the battlefield, must be measured against that of its rivals and enemies: "So far as the international system is concerned, wealth and power, or economic strength and military strength, are always relative . . . and since all societies are subject to the inexorable tendency to change, then the international balances can never be still...
...nations gain in military power, they must devote an increasing share of their resources to maintain that power. If this share becomes too large, the country's economy will suffer, leading to a decline in national strength and ultimately international influence. A proper balance must be maintained between "wealth creation" and the military, and great powers often quicken their fall by maintaining their military strength at the expense of their economies...
Despite his wealth, Icahn is not about to be distracted from the chase by a taste for rich people's toys. Says he: "Yachts and fleets of limousines and private airplanes don't appeal to me at all. I want a comfortable life. What's the point of all that hassle?" The only son of a New York City schoolteacher and a lawyer, Icahn was the first student from Far Rockaway High School in Queens to be accepted by Princeton, where he studied philosophy. His mother worried about his future when he dropped out of medical school...
...reasonably good position for a major downturn, but there will still be an absolute reduction in the wealth of Harvard," --Walter M. Cabot '55, head of Harvard Management Co., after October's stock market crash. (10/20/87...
...portrayal Maggie Smith brings all the right moves but nothing very individual) is a Dublin piano teacher. Naturally she drinks a bit. Sometimes she drinks a lot. Her timorous gentility suggests to her landlady's brother (Bob Hoskins, with some of his spark plugs missing) the possibilities of untapped wealth -- enough of it, anyway, to finance a restaurant he wants to start. To Judith, his mercenary advances read as a last chance for romance...