Word: wheated
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...Economic Planning, Roberto de Oliveira Campos, 48, a U.S.-trained economist and Brazil's onetime Ambassador to the U.S. Campos is doing more than trying to reform an economy; he is trying to discipline a national mentality. For a starter, he eliminated $200 million a year in government wheat, oil and newsprint import subsidies, thus halting a wasteful drain on Brazil's treasury. He then ended labor's inflation-producing 75%-to-100% wage hikes, slowed down the money presses, and began reforming Brazil's sievelike tax system to plug loopholes and improve collections...
...gradually gaining acceptance. Relatively heavy doses of radiation have been used to kill microorganisms that cause decay in food; lighter doses prevent potatoes from sprouting and kill insects that infest flour and cereals. The U.S. Food and Drug Administration considers the process safe enough to have cleared irradiated bacon, wheat and potatoes for public consumption, and the U.S. Army has already served some irradiated food in its mess halls. In Canada, the world's first private, commercial food-irradiation plant is now in operation...
Nowadays, Johnson is not only prac ticing Keynesia? economics but is pursuing policies of Pressure and persuasion that go far beyond anything Keynes ever dreamed of. In 1965 Johnson vigorously wielded the wage-price guide-lines" to hold wages and prices down, forced producers of aluminum, copper and wheat to retreat from price hikes by threatening to dump the Government's commodity stockpiles and battled the nation s persistent balance-of-payments deficit ,with the so-called "voluntary" controls on spending and lending abroad. Some Keynesians believe that these policies violate Keynes's theories because they are basically microeconomic instead...
...belief that men are priceless as individuals, not as cogs in a superstate. Lean speaks for humanity in a language of unspeakably beautiful images: the desolate ritual of a funeral on a windswept Russian heath; a band of running, white-shirted schoolboys suddenly massacred in a field of golden wheat; or simply the timeless, kaleidoscopic, never-ceasing cycle of the seasons. His sentimental Zhivago is perhaps warm and rewarding entertainment rather than great art; yet it reaches that level of taste, perception and emotional fullness where a movie becomes a motion-picture event...
...ministers, only a few came out of the shuffle with increased stature, and the most important of them is Gordon's replacement, Mitchell Sharp, former Minister of Trade and Commerce and the shrewd negotiator who in the last two years has sold $1.7 billion worth of wheat to Russia and Red China. To make sure it continues, Sharp will keep his hat as overseer of the Canadian Wheat Board...