Word: short-run
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...Since independence, however, the Africans have become very mature in appraising their short-run manpower needs. The African authorities are very picky about what kinds of people they will send abroad for training. We have to pass up some awfully good history majors to get down to the lad wanting fisheries. It pains our soul. It sort of runs against the grain of the American tradition in education which lets everybody choose for himself. But the young applicant for a scholarship is really an impersonal part of this big thing called African socialism," Moll says...
...editorial asked. Once the Cultural Revolution has everyone in tune with the interests of the peasants and workers, the work can go been criticized: In the long run, Mao argues, a socialist economy with a firm ideological base will surpass, any capitalist economy. the Russians have succumbed to the short-run lures of capitalism; the Chinese, Mao is convinced, must be more careful...
...raise consumer prices in most Common Market countries - although, paradoxically, the underlying aim is to increase output and lower prices. Under the agreement, subsidies are supposed to encourage efficient producers and penalize less efficient producers, so that prices ought to fall in the long run. But the short-run effect is bound to be inflationary, and French Foreign Minister Maurice Couve de Murville complained: "One cannot pretend that, from the economic standpoint, what we have done is entirely defensible...
...weight, but not much -- represents a very crude extrapolation from two sound proposals: (1) Formal education generally benefits, in an economic and "cultural" sense, both the student and the society he eventually serves. (2) There are times when a democratic government must act unjustly to preserve itself, must place short-run "national interest" before the long-run goal of building and preserving a democratic society. Though defensible in themselves, neither of these propositions justify the 2-S deferment...
Nights & Days. Much more than spray guns went into Lawrence's new-look campaign. Braniff was the first U.S. airline to put into operation the relatively small short-run jet aircraft -in Braniff's case the BAC One-Eleven -providing places like Sioux Falls, S. Dak., with commercial jet service for the first time. Needing only a 48% passenger load for Braniff to break even, the 63-seat BAG One-Eleven has averaged 61.1%. In addition, Lawrence put Braniff's four-engine Boeing jets on a new schedule of daytime flying and nighttime maintenance. As a result...