words

draconian

hard, severe, cruel

Pyrrhic

adjective: describing a victory that comes at such a great cost that the victory is not worthwhileGeorge W. Bush's win in the 2000 election was in many ways a pyrrhic victory: the circumstances of his win alienated half of the U.S. population.

gaoled

jailed

dynamism

continuous change, activity, or progress; vigor

proliferation

a rapid increase

Oligoploy

a type of competitive market with only a small number of firms who control the industry

California power crisis 2002

https://www.eia.gov/electricity/policies/legislation/california/subsequentevents.html

currency speculation

Involves short-term movement of funds from one currency to another in hopes of profiting from shifts in exchange rates.

aggregate

Gathered into a whole; total

sacrosanct

extremely holy

sclerotic

becoming rigid and unresponsive; losing the ability to adapt

philistine

a person who is guided by materialism and is disdainful of intellectual or artistic values

antipode

exact opposite

elucidate

to make clear

demarcation

the marking of boundaries or categories

extraneous

(adj.) coming from the outside, foreign; present but not essential, irrelevant

beleaguered

troubled with many problems

opprobrious

disgraceful, shameful

aberration

something that differs from the norm

Pharonic

large grand