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Word: instead (lookup in dictionary) (lookup stats)
Dates: during 1980-1980
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Unlike most versions of industrial policy, reindustrialization requires little national economic planning. Instead, it would stimulate development of capital goods, transportation networks and defense industries through broad Government incentives, such as accelerated depreciation on business investment, tax laws to encourage savings and investment and capital for special national priority projects like synfuel development...

Author: /time Magazine | Title: Business: Curing Ailing Industries | 7/14/1980 | See Source »

What makes Bahrain so potentially significant is that Western banks no longer have a virtual monopoly on handling the huge surpluses that the members of OPEC regularly amass-as much as $117 billion this year alone. Instead, a new breed of Arab-owned banks is picking up an expanding percentage of the action. Though new to the game, some of these institutions are starting off with formidable monetary bases. Begun in 1977, Gulf International Bank has assembled assets of nearly $3 billion and is competing with the big U.S. financial institutions in loan underwriting. The newly founded Arab Banking Corp...

Author: /time Magazine | Title: Business: Bankers in Burnooses | 7/14/1980 | See Source »

WHEN THE UNIVERSITY was founded in the 1630s, the town of Salem offered hundreds of beachfront acres for a campus. Harvard's founders, who liked the atmosphere of this city, chose instead to settle in Cambridge. In a few years, the University may wish it had built on sand...

Author: By William E. Mckibben, | Title: On Shaky Ground | 7/11/1980 | See Source »

...behoove the Democrats in an eelection year to grin and bear stunted growth and unrelenting unemployment. Carter, whose foreign policy pronouncements have left even the most attentive listeners wondering what he really means, has yet to define what he calls "responsible" behavior at home. He should lead by example instead of watching public opinion polls and reflecting the mood of the moment. And though his hesitancy to impose a tax cut marks a departure from his habit of appeasing the pollsters, it's ironic that he may be missing his best opportunity to give the economy a dose of good...

Author: By Laurence S. Grafstein, | Title: Grinding the Ax | 7/8/1980 | See Source »

...door and identified themselves. Within seconds a figure came charging out the door--the new boyfriend. Behind him stood the man with the gun. "He started to raise it, and I got ready to squeeze one off. But my partner got in the way, and he squeezed one off instead." Added his partner, "All I could see was the barrel of that shotgun--looked this big." Obligingly, one points to the hole in the wall where the bullet hit. Then the gunman fled upstairs--a few minutes later they talked him down to the landing, then wrestled the rifle away...

Author: By William E. Mckibben, | Title: The Park Street Under Blues | 7/8/1980 | See Source »

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