Word: concepts
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Dates: during 1930-1939
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...wages were not fixed but were allowed to reach the highest possible levels "consistent with maximum production." He believes that putting all the nation's productive facilities to work would automatically create enough demand to consume the increased output. In short, he agrees with the famed Brookings Institution concept that real prosperity is a result of increasing production and lowering prices, and he suggests taxation as a method of putting the theory into effect...
Specific. The man who heads the biggest company in the biggest U. S. industry, Chairman Alfred P. Sloan Jr. of General Motors Corp., also appeared before the Senate committee last week, also espoused the Brookings concept. Said...
That patent monopoly has occasionally been used to the detriment of society, few would deny. Nor would many deny the basic worth of the 102-year-old U. S. patent concept-giving an inventor, who may have struggled for years, a 17-year monopoly on his idea. But there is evidence that invention is moving out of the garret and into the laboratories of Big Business. Packard's Macauley and General Motors' famed inventor, Charles F. Kettering, felt, however, that even in laboratories patents have value both as protection during the "shirt-losing" stage and as incentives. Said...
Baby Annabelle was taken to Children's Hospital, and found normal. "She has no concept of spoken words," said Miss Mason, "but she is apparently alert to sounds." Her education will proceed slowly, will start with associations between objects and words. Miss Mason hopes that within two years Annabelle will have her legs straightened, attend school like any other normal child...
Irving B. Rosenberg '39, treasurer of the club, declared that cheap publicity was anathema to the secretive group. The whole concept, according to him, grew first as a joke when one boy was jilted, but increasing fatalities due to summer romances made the club a serious undertaking...