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Henceforth, says Brad DeLong, an economic historian at the University of California, Berkeley, "an administration that failed to achieve acceptable macroeconomic performance was a failed administration".Later policymakers learned they could not pursue higher employment if it meant fuelling inflation with slack monetary policy or crowding out private investment with public borrowing.
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"Henceforth," say the authors, "one should expect economic integration and political disintegration to go hand in hand, in a mutually reinforcing process".
In such circumstances, arming a government can be tantamount to taking sides in a civil war and reducing the incentive of the side you back to make concessions for peace.Henceforth, say the surgers, American troops will do what they should have been doing all along according to classic counter-insurgency theory.
"Henceforth," he says, "you shall be Rawnee".
Henceforth, he says, researchers will be made to listen to marketing folks and all consequential decisions will be made within two weeks.
The phone number that mattered to me henceforth, he said, was for "member services".
Henceforth, they said, the Hongqi would be the official automobile of government ministers.
Henceforth, he said, he wants to be known as Christopher J. Lauzen, C.P.A.
The 19-member currency bloc had "looked into the abyss", but henceforth, he said, there was no looking back.
Henceforth, it said, annual revenues and earnings per share should rise by 10% and 15% respectively, and overall return on assets should hit 30%.That now seems remarkably naive.
"All ongoing government projects on technical and economic cooperation between the two countries are henceforth suspended," said an official letter to the Cambodian ambassador, who was also expelled.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com