Word: accounting
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Dates: during 1950-1959
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...account for this progressive collapse of ancient cultures? Muggeridge sees one cogent reason: "Practically everyone wants to live as Americans live. It must be the first time in the history of the world that human desires have been so standardized. Driving at night through little American towns, I used to notice it. Neon signs starkly proclaimed contemporary man's basic requirements-food, drugs, beauty, gas. These are the pivots of felicity in the mid-20th century. Everywhere in the world is getting to look like everywhere else, and everyone is getting to look and be like Americans...
...statisticians account for the discrepancy? The major cause is a 778,000 increase in the total labor force over the last two months, which many people overlook in analyzing the figures. The one-month increase last February of 428,000 was abnormal for that time of year, and occurs only during recession periods; the winters of 1949 and 1954 both brought similar jumps. The reason was that most of the new "laborers" were not normally members of the labor force; they were the wives and teen-age sons and daughters of the laid-off family breadwinner, out looking for jobs...
...workers laid off for 30 days or less as employed. Last year the rules were changed to count such workers as unemployed. In this fashion, the statisticians arbitrarily added another 250,000 to the unemployment totals. While the census takers have tried to adjust past figures to take into account the new rules, no one knows how accurate the adjustments...
Scholarship students cannot expect to recreate a Gold Coast style of life at Harvard, but the previous estimate hardly provided a marginal standard of living. Taking into account the tuition increase, the new estimate of $2600 is also not especially realistic; a better estimate of average student expenditure would probably lie in the neighborhood of $3000 a year. It can only be hoped that the Committee will increase its allowance for next year's scholarship applicants by at least another...
...Smith. The omission of footnotes makes it difficult to judge the scope of research, but the length itself indicates that this cannot be the significant work on Smith. It is not quite clear just what Handlin did intend to do, but he has succeeded in writing a short account of the rise and fall of one American Catholic politician...