Word: boarding
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Dates: during 1960-1969
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...interviewers, the wording of autobiographies, and the readability of reports appears subjective enough, but is only the beginning. Perhaps the pivotal factor is how all this already subjective data is assessed by the applicant's advocate-the man who must present a student's case to the admissions board...
...Council usually ends up doing little more than cleaning the bulletin boards, sponsoring several well-attended mixers, and making tentative studies into various aspects of man, the world, and the Harvard student. It serves in more useful roles, perhaps, as a sounding board for freshman discontent, an outlet where politically-minded freshmen can get student politics out of their system, and as a dispenser of class monies...
Instead, he suggests playing "computer-card roulette"-placing the card on a drawing board, carefully cutting out three or four extra rectangular holes with a razor blade, and returning the card to sender. Matusow claims to have altered a magazine subscription card in that manner. As a result, he received 23 copies of the magazine each week and a note thanking him for using the publication in his current-events class...
Every week that passes without firm evidence of impending victory in the war against inflation intensifies the debate over the Nixon Administration's economic strategy. As the debate grows louder, it also grows more confused. Milton Friedman and other "monetarist" economists warn that the Federal Reserve Board may already have tightened credit enough to raise a threat of "severe economic contraction." A.F.L.-C.I.O. President George Meany and Economist John Kenneth Galbraith insist that the restraints are ineffective and that only some form of wage and price control can slow price increases...
Last month, however, the Board decided to count as part of demand deposits the dollars that U.S. banks borrow overnight from their European branches. On that basis, the Board concludes that the money supply has actually been growing at a 3% annual rate-maybe. Paul W. McCracken, chairman of the President's Council of Economic Advisers, questions whether the Board has been making seasonal adjustments properly; he suspects that the money supply early this summer may have been growing more slowly than even the old figures would indicate. McCracken said recently to a group of banking students...