Word: winner
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Dates: during 1980-1989
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...conventional wisdom holds that Shultz is the bureaucratic winner. Up to now, he has been reluctant to enter the political fray, seldom advocating tough policy positions within the Administration. He has been a reassuring gray eminence, radiating sobriety and good sense. Now the Secretary of State has no rival stationed at the White House whom he has to outmaneuver. With U.S. entanglements around the world unusually complex and dangerous, it is a good time for George Shultz to step out front - and maybe even make some waves...
...Nobel Prize for Physics was shared by Subrahmanyan Chandrasekhar, 73, of the University of Chicago and William A. Fowler, 72, of Caltech for their work on the evolution of stars. The winner of the chemistry prize was Stanford's Henry Taube, 67, for his elucidation of the basic mechanisms of complex chemical reactions. Scientists agreed that the honors were long overdue. Including the previously announced medicine prize, this year's list of laureates gave the U.S. its first clean sweep in the Nobel science prizes since 1976 and continued four decades of American domination of the awards...
Unlike past laureates, like George Stigler, the 1982 winner who has been critical of government regulation, Debreu is purely a theorist. "We have never before awarded the prize for contributions of such pure basic research," said Assar Lindbeck, chairman of the five-member Nobel committee. Notes Bent Hanson, chairman of the Berkeley economics department: "Gerard Debreu is an economist's economist. His work is very abstract, very fundamental. But everyone in the profession quotes him and must demonstrate that they know his work...
...shun disputes such as those waged by liberal Keynesians and conservative monetarists. "I do not consider myself involved in economic policy in any way," he says. Nevertheless, his work does have some practical applications in the hands of other economists. According to Stanford Economist Kenneth Arrow, a 1972 Nobel winner who has worked closely with Debreu, equilibrium theory is used by private forecasters and government planners to predict such things as the impact of a tax change on various industries...
PROVIDENCE: R.I.-"Steven Ernst, big play, he's a winner. "So said Harvard football Coach Joe Restic after his fullback provided the offense that pushed the Crimson past Brown Saturday and into undisputed possession of third place in the Ivy League...