Word: affluent
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Most economists of stature smile at the administered-prices argument. John Kenneth Galbraith, Harvard economist, author of the currently popular The Affluent Society, and in no sense an apologist for business, takes the line that a large amount of administered pricing is inherent in the modern economic system. Says he: "Those who deplore it are wasting their breath. The problem is to understand it and to live with it." The overlooked truth that Galbraith and others come back to is that businessmen today cannot operate on prices that run up and down like a boiler-room thermometer. They have...
...Mine Enemy Grows Older, King (3) 4. Aku-Aku, Heyerdahl (9) 5. Wedemeyer Reports! (6) 6. What We Must Know About Communism, Harry and Bonaro Overstreet 7. Nautilus 90 North, Anderson and Blair (4) 8. The Coming of the New Deal, Schlesinger (5) 9. The Proud Possessors, Saarinen 10.The Affluent Society, Galbraith...
...Masters' plan becomes policy in 1960, only the more affluent graduate students will be able to live in the Houses, said Perkins, because "you have to keep all the cheaper rooms for undergraduates on scholarship...
...University's announcements of increases in the cost of education have followed one another so rapidly the last four years, that students are some-times tempted to ignore the specific reasons given for the rises and, in their affluent complacency, accept them as part of the general inflationary trend of the times...
...divided the annual Gross National Product by the number of Harvard students, and subtracted an odd number of Yalies. At any rate, he refused to tell John Kennedy how to write a Labor Reform Bill, and continued to work on his new book, an expose of the Affluent Society...