Word: expand
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Dates: during 1970-1979
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Both operate on the same premise as the earlier Commentary critiques: they would favor reverting to the affirmative action of the 60's, when firms were asked to expand pools but no minorities or women would receive advantages in hiring. But rather than base their arguments on merit values or on the bootstrap philosophy, these accounts assert that things are much better for black people than government bureaucracies care to imagine. For Glazer, the struggle is over, the redneck racists are gone; the cry of institutional racism becomes the refuge and protector of the incompetent woman or minority...
...program even came into being, Sowell speculates that perhaps, the Nixon administration pushed it because Nixon had everything to gain by splitting the ethnic coalition of Jews and blacks that had elected liberal democrats for decades. Glazer is more elaborate. His explanation cites the needs of bureaucrats to expand their own powers, and the overstaffing of the bureaucracies that handle affirmative action programs with minorities and women...
...American markets help to keep down the prices that the Pentagon itself pays. But military officers cannot help knowing that in some of the countries in which they are pushing American weapons, bribery is routine. There is no evidence that the Pentagon has actually encouraged payment of bribes to expand exports of arms, but it has been tolerant of agents' fees...
...funds provided for the Houses are fairly limited, and some masters quite admirably add money from their own pockets to keep the House afloat financially and expand its activities. But the master's role in forming the House environment should not be a purely paternalistic one. In the murky area of house funds, students should be given an increasing say in--or at least a review of--the funds that the University sets aside for their House life...
...that they tend to be self-fulfilling. Economists generally agree that the market has at least some limited power to propel the economy. The effect is partly practical: rising share prices enable a company to use its stock to make acquisitions, or sell new shares to get cash to expand. But the biggest lift is psychological. A bull market puts executives in an expansive mood, as the worth of their stock options goes up, and raises the morale of employees, who see the value of their stake in pension funds increase. Consumers who own stock directly or through mutual funds...