Word: defectiveness
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...General Theory of Employment, Interest, and Money, drastically revising Adam Smith's view of capitalism. His conclusion: the market place is not a safe place; every boom is constantly threatened with collapse, any depression might last indefinitely. No moral question is involved. The system has a mechanical defect, and its price is high: unemployment. The solution. stated in its simplest form: government investment. The less radical of the British Socialists, e.g., the late Sir Stafford Cripps, followed Keynes (who died in 1946). Whatever may be said for or against him, Keynes was, essentially, the prophet of economic patchwork...
...ever existed. At one point, U.S. Rubber President H. E. Humphreys Jr. said that the only instruction he has ever received from the Du Pont brothers has been: "Elmer, you do what you think best for U.S. Rubber." The Government's case also suffered from one other defect: not one company has yet come forward to charge that it has been hurt by what the Government has called "the tremendous industrial trinity of chemicals, motors and rubber...
...defect in U.N. negotiating technique had become quite plain. This was a tendency to make some demands for bargaining purposes, or to soothe the feelings of South Korea's intransigent Syngman Rhee, without making a sufficiently clear distinction between these demands and those basic questions of principle on which the U.N. was determined not to surrender...
Professor Walsh's little book, Campus Gods on Trial, is a compact champion of Christianity against the secularism of the modern college. Unfortunately, like a competent lawyer with a speech defect, Walsh gives poor expression to a persuasive case. Even the ideas of Pascal sound pretty shallow in the childish lisp which the author conceives as "the language of the student." Analyzing Existence as "a three layer cake," the book abounds in silly metaphors, terming Christ "the penicillin of Salvation" and the Incarnation "God's rescue operation." His attempts at jazzy writing are equally dismal, whether describing a "Warm Fire...
Tonight We Sing, though, is as much a triumph for the production staff as for the individual stars. Directed by Mitchell Leisen, it escapes what might have been a serious defect--a disjointed grouping of extravagant scenes. The technicolor photography perfectly suits the full, rich colors of the opera and ballet excerpts. But the greatest achievement was musical director Alfred Newman's, who effectively transported the opera scores to a film medium...