Word: chamberlin
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...tobacco industry is a prime example of non-price competition or (as Harvard's Edward Chamberlin calls it) "monopolistic competition." Where the initial manufacturing investment is huge and the product standardized, individual companies set their own prices not directly in terms of their own supply and demand, but in terms of the industry's as a whole. Price is a sort of community-owned snickersnee, drawn when necessary to repel invaders, but not for civil strife. So long as the price is such as to maximize the industry's profits, each company fights for its individual share...
...element of tremendous fanaticism and the well-trained forces, totally out of proportion with the size of the country, make Japan a dangerous military opponent," stated William H. Chamberlin, former foreign correspondent for the Christian Science Monitor...
...Singapore the attack on Pearl harbor would appear to be very strategic. But they split on the question of whether Japan might be able to take Singapore. Howe said that the thin Malayan peninsula, with its thick jungles, made a successful land attack more improbable than "Hitler taking Europe"; Chamberlin and Reischauer were not in accord with this view, and Chamberlin pointed out that the Japanese had been trained for jungle fighting...
...speakers will be William Henry Chamberlin, former Christian Science Monitor foreign correspondent and author of "Japan Over Asia"; Dr. Edwin O. Reischauer, Faculty instructor in Far Eastern Languages; Mrs. Elizabeth Schumpeter, world renowned authority on Japanese economics; and William S. Howe '10, former member of the United States consular service in China...
...Along with the persecution of religion and the disappearance of generally recognized moral values," says Chamberlin, "there has been a tremendous increase in state sponsored inhumanity . . . imprisonment and execution without trial, torture of political dissidents, holding of relatives as hostages, outlawry of whole classes and races." Possibly more sinister is the silence with which the totalitarian Governments have been able to blanket their total atrocities...