Word: judgment
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Dates: during 1970-1979
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...that last week President Carter's appointment of Volcker to replace incoming Treasury Secretary G. William Miller as chairman of the Federal Reserve Bank was generally viewed as a brilliant defense of the dollar. Said usually testy Senate Banking Committee Chairman William Proxmire: "The President has shown outstanding judgment. His appointment will be praised by Congress, by participants in domestic financial markets and by the international monetary community." Added the Brookings Institution's Robert Solomon: "The President couldn't have found a better man." The stock market shot up, bond prices improved, and, despite Carter...
Donovan expresses himself with conviction and candor. His sound, unruffled judgment as an editor under deadline pressure has been one of his great strengths. It is a quality sure to be valued in the White House. Donovan believes that his achievements will depend primarily on how he and the President get along...
...judgment was unfair, in one sense. The problem of leadership in the U.S. goes far beyond the Oval Office, stultifying progress at every level of American society. But Carter was the man at the top, where he had so desperately wanted to be, and Americans were blaming him now for the exhaustion of oilfields, the greed of Arabs and their own insatiability; they were blaming him for much more history than he should be held accountable for. Still, they were right to judge Carter harshly as a leader. In fact, he seems to have judged himself just as severely...
John Kenneth Galbraith believes that "the leadership we need for the '80s is that which interprets the collective judgment...
...course it is ... I too will write a book. Another book. I know that our age has been propelled, blackmailed into becoming the Age of Explanation. I feel that literate people have almost explained themselves away. I use the word 'literate' as a fact, not a judgment. At first, you remember, Alice Thumb, it was our anxiety, our unease which was explained away, but in the process, we ourselves have been disappearing. The efficiency of our explanations is like that of the insecticide which reduces the insect to a crumbling shell...