That was when McGeorge Bundy of the Ford Foundation famously decreed that endowments should invest for total return.
No matter what the authorities decreed, hurting others, even just hurting their feelings, was always wrong.
The Fed dropped it in 2005 as Bernanke decreed that this was no longer relevant.
What exactly have the wise men of the Committee decreed that has so inflamed my soul?
Last July the government decreed that public medical care be replaced with a general health insurance.
The defense successfully, it turns out converted a series of innocent errors into Judicially decreed prosecutorial misconduct.
To avoid further rows, Congress decreed that the December poll would use the 1992 census.
All day permanent violence, because human males craved it and the powers-that-be decreed it.
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In the end the SEC decreed in August 1996 that marketmakers were colluding and gouging the public.
In a decision more bizarre than even the brazen deception under which ObamaCare passed, Roberts essentially decreed the Constitution irrelevant.
During the early 1970s, the Venezuelan Government decreed a general amnesty in order to pacify the country.
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For one thing, Congress has decreed that by 2015, one-third of America's combat ground-vehicles must be autonomous.
ACLU, but not for the plaintiffs, the judge decreed the second part of the test too stringent.
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After Mr Hussein decreed that Dawa membership was punishable by death, its members turned violent and fled underground.
It decreed that if a pensioner died, benefits would continue to be paid to the widow and dependents.
He decreed after the 2003 World Cup that players should have a decent conditioning period during the year.
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But village elders decreed they be killed, along with Vijander's cousin Ram Kishan, who had helped them elope.
In late July, the President decreed that sharks accidentally caught could legally be sold a significant loosening of the ban.
The business plan decreed that the hotels would be modern, clean and economical.
He also decreed to give money to a Jew who lived at the entrance of the Lisbon Jewish Quarter.
He added that the fact that the bill had reached its second stage meant it had been "decreed competent".
In 1493, Pope Alexander VI, a Spaniard, decreed that all new lands discovered west of the Azores were Spanish.
He has decreed a more offensive strategy, and tried out many younger players.
Since devaluation would thus mean bankruptcy for many debtors, Mr Duhalde decreed that dollars should be converted into pesos.
Bold security reforms decreed by President Hadi would diminish their power, but these have not yet been acted upon.
The Chinese government has recently decreed a ban on smoking in all public places, workplaces and on public transportation.
Mr Hollande has decreed a 30% pay cut for himself and his cabinet.
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"Unfortunately, Uefa have decreed that leagues cannot schedule midweek fixture cards against Champions League or Europa League fixtures, " explained Doncaster.
Eliot Spitzer, the New York attorney-general, recently decreed that investment research should no longer be paid for by corporate finance.
New Hampshires justices recently decreed that local funding of public schools is unconstitutional because some towns are richer than others.
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