Word: marketed
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Dates: during 1980-1989
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...ultimately have led to even higher price levels! A more permanent freeze would have the defects mentioned earlier. It is not clear that such a system of permanent administrative price setting--approximating the system in a centrally planned economy--would be desirable, despite the many drawbacks of a market-based economy...
Permanent controls on oil prices would soon imply either subsidising imports or foregoing imports entirely--for who would sell to a country which is not prepared to pay the market price for oil. Such price controls, by keeping the price of oil low, would not reduce domestic consumption, hence rationing would be needed. The equity of this depends entirely on how ration coupons are distributed. For efficiency ration coupons should be sold, and this would raise the price of oil (including coupons) to at least free market levels. If oil companies make excessive profits, then it seems more sensible...
...among the groups which have traditionally held power in this society. I see as counterproductive and hurtful the anti-Semitism inherent in much Third World criticism of people involved in the press and academia, the oft- repeated charge that white women are "walking all over" minorities in the job market, and the polemics about the "incorrectness" of interracial relationship (among Blacks) or heterosexuality (among gays). This sort of reverse discrimination is very different from that which Allan Bakke had in mind, and is potentially even more destructive. It also lurks menacingly beneath the surface of much otherwise legitimate protest against...
...long. They view overwithholding as a form of painless forced saving by Uncle Sam. This year's exemption increase has exaggerated the effect. But those dollars were worth 13.3% less because of inflation, and the taxpayers have forgone perhaps an additional 10% or so interest in a money market fund...
...painstaking that, according to estimates by scientists at the California Institute of Technology, a pound of pure interferon would cost between $10 billion and $20 billion. That price will certainly decline as large companies enter the field with more efficient production techniques. As one Wall Street analyst predicts, "The market for the stuff is probably big enough for everyone to get a share. If interferon is used, it appears that it will be used in enormous quantities, so the companies that learn how to produce it and sell it the cheapest will reap enormous benefits from their research investment...