Word: agee
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...pinings or the hankering of grown men-and women-to sail around the world, learn the Hustle or inhabit the White House. The reality of American life in 1977 might appear to make daydreams of wealth more chimerical than ever in the nation's history. Indeed, in an age of brutal taxation, constricted opportunity and entangling laws, most dreamers of wealth concede that Mars or Margaux might be more attainable than megabucks...
Nonetheless, this remains the Age of the Possible. The wealthy are not an endangered species. It is hard to believe, but true, that more Americans today are making fortunes than ever before. Sharing the riches, 1,149 taxpayers had annual incomes of $1 million or more in 1975-nearly twice as many as in 1970. The number of individuals in the U.S. with a net worth of $ 1 million or more has soared almost fourfold in the past 15 years: from 54,000 in 1962 to nearly 200,000 today-although these figures are somewhat deceptive, since anyone...
...Today the fast-talking cigar chomper of popular cliche has been replaced by a more sophisticated pathfinder, a Sherpa of the subclause who is a combination salesman, packager, legal scholar, investment counselor and spiritual adviser. The archetype is, of course, the legendary Irving ("Swifty") Lazar, still going strong at age 70, whose clients have ranged from Truman Capote to ex-President Richard Nixon...
...Arnold Palmer, one of McCormack's first clients and closest friends, now earns about $350,000 a year, only some 5% of it from golfing. McCormack can even make financial champions out of novices -like Laura Baugh, a photogenic amateur golfer whom he sent off to Japan at age 17; that year she won no matches but earned nearly $100,000 from endorsements, product tie-ins and television appearances. Still, he is not a man of infinite patience and readily shucks clients who are uncooperative or past their prime. A former college golfer turned lawyer and the father...
Each system is marked by its own peculiar inequalities. Those associated with race, sex and age can be counted simply as signs of persisting discrimination. Most regional differences are hangovers from historical divergencies in region al economies. Some disparities, however, simply defy rationalization. M.I.T. Economist Lester Thurow in his book Generating Inequality points to extreme variations in income among auto mechanics of roughly equal training and age - along with similarly extreme variations in the earnings of comparable physicians. Why such differences? Nobody has figured...