Not exact matches
Guidance, the other form of UMP, is simply a modern version of moral
suasion and window guidance, which were actively used
by most central banks through the 1950s and 1960s (if not later).
Still,
by applying moral
suasion, Mr. Carney was attempting to keep a credit bubble from inflating to dangerous proportions.
suasion,» whose «power is the worship he inspires» (Whitehead), that is, flows from the intrinsic appeal of his infinitely sensitive and tolerant relativity,
by which all things are kept moving in orderly togetherness, we may find help in facing our task of today, the task of contributing to the democratic self - ordering of a world whose members not even the supreme orderer reduces to mere subjects with the sole function of obedience.59
In such a fragmented system, the authors said, the responses «tend to be driven
by suasion — persuasive expertise — and executive action
by presidents and governors, rather than a coherent bureaucratic response.»
...» «a few powerful people with a mind set of making maximum profit in a hurry» will continue to protect their profits in part
by paying for skillful propaganda to counter moral
suasion...»
Not something that would happen
by moral
suasion alone, but it would scarcely be equivalent to imposing martial law.
Thus we have within our midst some civil servants (paid
by our tax dollars) who see the world as how it «should» work according to their particular political «
suasions (they used to be called «Levellers» in old England).