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A remedy for all diseases, evils, or difficulties; a cure-all.

[Latin panacēa, from Greek panakeia, from panakēs, all-healing : pan-, pan- + akos, cure.]

pan′a·ce′an adj.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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Renditions of MMT range from the panacean to the tautological, but certain common elements recur.
In 1971, perhaps Tufte was one of those who held the "widespread, though naive, belief that transformational grammar had panacean powers" (Luthy 352), and like her colleagues in Literature, Linguistics, and Composition, she eventually moves away from it.
Well, we recall the previous progressive panacean assurances, for instance, about the savings that would ensue by government taking over the nation's healthcare system.