Word: bogeyman
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...come to expect higher prices as the cost of better times. The remarkable thing about the current advance is that prices have so far stayed relatively level, and that inflation has remained a bogeyman instead of a jingling presence. Nonetheless, the nation's economists are increasingly concerned about the possibility of broad upward price movements. That concern has been reinforced lately by rumblings from steel executives about the need for price rises and by signs that the United Auto Workers are determined to win a substantial settlement from the profit-heavy auto companies...
Milton Friedman, professor of economics at the University of Chicago and bogeyman of Ec 1, last night defended the "free-market principles" of "unanimity without conformity" against encroachments by the "coercive mechanism" of "the political method...
...Julius Boros just played calmly along, clicking off his drives, punching his irons low into the roaring wind, taking a bogey here and there, but mostly getting his par. After 72 holes he was nine over at 293. No one did any better. With Brookline's bogeyman making their lives miserable, both Arnold Palmer and Jackie Cupit also wound up with 293. And so the Open went into a three-way playoff...
...They could live with the sniping Harvard professors so long as their words were eloquent but unofficial. But the admen fear the professors' presence in the Kennedy Administration; they fear Democratic Administrations in general. And in particular they view Presidential Assistant Arthur Schlesinger Jr. as a sort of bogeyman because back in 1960 he proposed-halfheartedly, he says now -a tax on advertising...
Until the demands are met, the Duvalier regime has fashioned its own means of gathering pelf, at an estimated rate of $6,000,000 a year. Last year his private army of thugs called the Tonton Macoute (Creole for "bogeyman") circulated among Haiti's foreign and domestic businessmen soliciting "contributions" of up to $40,000 for a fancy housing project called Duvalierville. Some who refused to ante up were brutally beaten. The situation got so far out of hand that the diplomats of the U.S., Britain, France, Canada, Italy and Germany lodged strong protests with Duvalier's foreign...