Word: consensus
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...permit the free market to allocate efficiently. There has been much debate over the responsiveness of demand for gas to a price increase; but several recent studies have concluded that demand for gas has become more responsive to changes in price in the short run. There is a growing consensus that, in the long run, gas price increases will be reflected by almost proportional drops in consumption--that is, a 40-per-cent price rise would lead to roughly 40 per cent less gas consumed...
...perverse way, one of the most discouraging projections of all was the board's consensus forecast that a recession for 1980 now looks to be a somewhat milder affair than the 2.4% overall slump that had been predicted as recently as last December. Recession is certainly painful for anyone thrown out of work, but without at least a temporary economic downturn there is no real hope of slowing the price spiral...
...city's Rent Control Board granted the first four permits requested by developers, but the crackdown of the last two weeks means the board "has reached more of a consensus of interpretation," board member Victoria Judson said yesterday. "The board is taking seriously the intent of the legislation," Judson added...
...Anderson's record is understandable, considering the oddities of the 1980 election year. The Republican party has assembled the most reactionary array of candidates in at least 16 years. The popularity of Howard Jarvis and the unpopularity of Leonid Brezhnev have propelled tax-cuts and Russian-baiting into consensus positions of the Right. Further, the Jarvis epigones have labelled Great Society programs failures, and argue that their elimination or reduction would prove a convenient way to lower taxes. And President Carter, Democrat, has acted more like a Republican than a member of the party that nominated him, leaving little room...
...Help organize a worldwide consensus to move the Games, as Jimmy Carter and others have suggested, to a permanent home in Greece or some other country, possibly Switzerland or Sweden. Greece, the birthplace of the Olympics, would be the natural choice in most respects. But the Greek record of political stability is troubling. Moreover, Greece is a member of NATO, which might disturb countries from the Communist bloc or the Third World...