Word: rootes
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...cool and counsel patience. But what do you tell a client when in the course of the minute he's been on the phone with you the Dow has fallen 20 points?" Said Alan Klein, an investment-minded dentist from Roslyn Heights, N.Y.: "It was like a two-day root canal without anesthetic. You find me a patient who can keep cool under those conditions, I will find you an investor who can keep cool in this market...
...idea of "root causes" has great political attraction. Some years ago in the U.S., it dominated debate on policy toward El Salvador. It was argued that the Administration's hopes for a military solution were futile because the real causes of the insurrection were poverty, misery and hunger...
...revolution is neither ubiquitous nor permanent. We need, therefore, something beyond poverty and misery to explain why there is revolt in some places and not others. This takes us out of the realm of what is usually meant by root causes, to culture, history, revolutionary leadership, foreign sponsorship and other presumably contingent causes...
That some causes and not others are accorded the honorific "root" has consequences. The first is to confer some special legitimacy on one set of grievances and thus on the revolutionary action that is taken in its name...
...other words, is the tar baby of political economy through most of the non-Communist world: an intract-able mess that seems to get ever stickier. Communist nations have agricultural headaches too, but theirs stem from too little production caused mainly by a lack of incentives for farmers. The root problem in the free world is the exact opposite: high price supports and other subsidies have encouraged farmers to grow bigger crops than markets can absorb. In Western Europe, for example, agricultural output has been growing four times as fast as food consumption; in the U.S., farm production...