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...Foresight Was Rare. All during the wild skid that led to last week's "Black Monday," the U.S. press maintained what amounted to an unintentional conspiracy of silence. There were clues to be found back in the financial pages-but, even by the oddest journalistic judgment, that was hardly where the story belonged. And sometimes even the financial-page footprints were obscure. "The stock market acted yesterday like a diver going off a springboard," reported the New York Times in a heavy-handed attempt at cuteness. "It went up, down, up, and then plunged." The New York Post...

Author: /time Magazine | Title: The Press: Missing the Big One | 6/8/1962 | See Source »

...significance of the market's movement and pushed the story briefly onto Page One. The Tulsa World kept the story on Page One three days running (STOCKS SKID TO NEW LOW ON SELLOFF). In the San Francisco News-Call Bulletin, the market story surfaced twice. But such foresight was rare...

Author: /time Magazine | Title: The Press: Missing the Big One | 6/8/1962 | See Source »

...Harvard Guardian," one of the more ambitious publications of the times which, though a casualty of the war, will be resurrected next fall under, as now seems likely the banner, "The Harvard Review," and with Davidson's active financial support. In his senior year, he edited "Before America Decides: Foresight in Foreign Affairs," which was published by Harvard University Press...

Author: By Russell B. Roberts, | Title: Frank P. Davidson | 5/23/1962 | See Source »

...Foresight & Influence. "It's impossible to give us credit for anything except fore sight," says Carnegie President John...

Author: /time Magazine | Title: Education: 50 Years of Smart Giving | 4/6/1962 | See Source »

Gardner, 49, a deceptively casual Californian who took his doctorate in psychol ogy at the University of California at Berkeley. A prewar teacher at Mount Holyoke, Gardner is himself an example of Carnegie foresight. The corporation spotted him when he was a Marine Corps captain assigned to the OSS, and by 1955 he was president. One of the few top "philanthropoids" to rise through foundation ranks, Gardner is also one of the few with a gift for words. Gardner chiefly drafted the Rockefeller Brothers Fund's famed The Pursuit of Excellence, followed it with his own thoughtful book, Excellence...

Author: /time Magazine | Title: Education: 50 Years of Smart Giving | 4/6/1962 | See Source »

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