Word: following
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Dates: during 1940-1949
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...most likely to follow politics (the choice of 255*), with writing (140) running an easy second. Over one-third of the thousand geniuses did not go to college; among those who did, Harvard was the overwhelming favorite,† followed, at a respectful distance, by Yale, West Point and Princeton. The average genius was widely traveled, domestically inclined. Only 65 of the thousand were single. As Insurance Man Bowerman undoubtedly noted, the average genius was a good life-insurance risk, dying at a ripe...
...Thomas W. Phelps, a leading exponent of the Dow theory: "The stage is set; if the industrials and rails now can advance above their February highs, the bull market will be signaled." On July 11, the industrials broke through the February high, but the rails failed to follow...
Last week, after a slight sag, the industrials broke through again, rising to a new 1947 high of 186.85. Once more, the rails failed to follow the breakthrough. To the strict Dow theorists, it was still a bear market, though some were trying to weasel through a semantic loophole: the so-called bear market might be only a large scale reaction in the wartime bull market...
...Democratic education must not only be democratic, it must be education. It does not follow that because the Common Man has been lifted into control, that he is automatically made competent to exert control. When the Common Man was thus suddenly liberated, what he needed . . . was such education as would enable him to understand what hitherto only the controlling few had been encouraged to try to understand, the nobler and wiser aims of the race, those visions which dictate the ethical foundations of a sound society...
...change from fear of recession to fear of inflation "has been unduly stimulated by such events as the corn crop scare," it said, "and an exaggerated interpretation of the effects of the coal mine wage adjustment. Some persons have scoffed at the idea that businessmen could or would follow a stabilizing course. Yet the reaction among progressive business leaders [in the last six months] was such as to make new possibilities of orderly price corrections in a free economy through the voluntary action of individual firms...