Word: inchworm
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Dates: during 1940-1949
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...economy forever operating like an inchworm--with a hump for the 'boom' and a glide for the 'bust,'" Porter declared...
...object of his attack on the cyclical audience of more than 500 persons at the theory was Malcolm P. McNair, professor of marketing at the Business School, who first used the "inchworm" analogy in support of his conservative "do nothing" policy...