Word: yens
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...Raikes and Ragamuffins" [Aug. 25]: The Sunday school is dying because the church too often welcomes with gratitude and relief any hunk of protoplasm with a yen to teach who can be scrounged up and stuck in front of a class. Misinformation is innocently, unapologetically, enthusiastically and dogmatically perpetrated. Thoughtful students can hardly be criticized for fleeing this scene...
...first half of this year, the United Auto Workers and Ford petitioned Washington to roll back imports. They argue that the sudden surge threatens the domestic industry. Ford and the U.A.W. contend further that Japan is taking unfair advantage of an artificially weak yen and international trade rules that allow them to export their products cheaply to the U.S. They assert that as a result of this the essentially identical cars made in Japan can cost less in the U.S. than in other countries...
...demand for exposed intimacies is easier to understand than the supply. The public hunger for spilled beans is just more of the craving for news, the yen to be titillated, touched or amused by the foibles and agonies of others. Squalid and sleazy tales may reinforce the smug superiority of the righteous or provide perverse comfort for the miscreant. But Americans of all stripes have al ways had, though not uniquely, what University of Chicago Law Professor Philip Kurland calls a "public commitment to voyeurism." Still, why is the voyeuristic hunger suddenly being so abundantly pandered...
...students, however, will encounter a financial complication because the People's Republic limits the amount of money students may take out of the country to 30 Chinese yen ($21). The students, therefore, will be on nearly full scholarships while they are here...
Japanese manufactured goods are already much more competitive than ours on world markets. The United States trade balance worsened in the last decade, even while the dollar has dropped in value by about one-third compared to the yen. Meanwhile, the Japanese trade balance became more favorable, and the trend is most striking in manufactured goods. In 1978 Americans for the first time in many years imported 5 billion dollars more of manufactured goods than we exported. Japan exported 76 billion dollars more of manufactured goods than it imported...