Word: succeed
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Dates: during 1970-1979
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...best way to fight a recession," says this international money expert. "Certainly, initially, if we are to brake inflation, there will be some difficult periods to go through. The sooner, the faster we do it, the less gradual approach we adopt, the better chance we have to succeed, to turn the corner. I am very encouraged that part of Volcker's approach is an attempt to deal also with the problems posed by the Eurocurrency market. He emphasized more than before the rate of money supply growth on this market, rather than interest rates. That is the right emphasis...
OTTO ECKSTEIN: "The Federal Reserve is taking a tremendous gamble with the economy, that they will succeed in licking inflation without creating another recession as deep as 1974," says Eckstein, a master of computerized forecasting who runs his own company. "They are finally jamming on the brakes, having done too little for a long time." But late as the switch is, Eckstein believes, "it's going to work. The chances are the inflation rate, currently 13.1%, will drop below 9% by February." But Eckstein sees a darker side: "There is no question that the economy is now going...
...join the Tennessean. Six years later, he again left what he calls "the high calling of journalism" to help manage Robert Kennedy's 1968 presidential campaign. His lucid speech becomes halting as he talks of the campaign that ended before it had a chance to succeed...
...format. In adopting the medium of fantasy, an author hopes to convince the reader not with the poignant accuracy of his images and characterizations, as in realistic fiction, but with the subtle, subliminal--but equally poignant--truth underlying the fabrication of plot and character. Kafka, Borges, Lem and Marquez succeed on this secondary level by treading a thin line between fantasy and realism--in The Castle, for example. Kafka's careful use of language preserves this ambiguity: the reader is never quite sure of what to accept as plausible, and what to reject as implausible, so that such a distinction...
...there are two ways travel books can succeed: if the travels are boring, the traveler can still intrigue. Theroux does not, and there lies the problem with this book. In this travelogue of narrative and commentary, Theroux lacks a point of view--he is reflective to no purpose. The book is scenery without sentiment, and in the and we remember poverty, not personalities...