Word: leveling
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Dates: during 1950-1950
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...suggest that the "medicine men" save their millions of dollars on propaganda and win the battle against the politicos by reducing fees to a reasonable level...
...business is not stagnant at all. It can carry the country to a national income level of $300 billion annually "within a very few years...
Hill Called Clear. In 1949, the U.S. showed the world that the free market with its interplay of prices and production could successfully stabilize the enormous outpouring of goods on a high level. But in stabilizing its own consumption and production, the U.S. had had little success in stabilizing its consumption and production of the world's goods. The balance between U.S. exports and imports in a world still struggling to get back on its productive feet was as dangerously out of whack as ever. The hope that EGA would somehow close the huge gap between imports and exports...
...next breakthrough (level three) came in the early 1700's, when western Europeans began using fossil fuels: coal, then later oil and natural gas. Their use in various heat-engines started a new cultural cycle that soon shot far above the peaks of level two. Many fossil fuel cultures might have risen and fallen, but they never got a chance. Before the first of them, our own, had reached its peak, level four began when the first atomic bomb was set off at Alamogordo, N. Mex., July...
...radioactive tracers, which have already revolutionized biology and medical research. Biologists hope that such research will produce a cure for cancer. It may postpone senility; many physiologists believe that human beings could live vigorously for 125 years if the chemistry of their bodies were understood. The greatest promise of level four culture is practically costless power. There have been guesses about how it might be used: in air-conditioning cities, freshening seawater for irrigating deserts, blasting away mountain ranges. But atomic technology is still too new to furnish any guides for guessing. When the first crude Newcomen steam engines began...