Word: inge
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Dates: during 1960-1969
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Doctrine of Potentiality. On the theory that Mitchell intends to stop all mergers among the top 200 companies, Government officials have been building a rationale that would justify the break ing of almost any large conglomerate merger. One argument is based on the doctrine that "potential competition" is restrained if a large company uses the acquisition route to enter an industry that it could have gone into on its own. This could easily apply to the ITT-Hartford case; ITT already owns a life insurance company, and presumably could have expanded its operations into Hartford's field of property...
...principle of Innere Führung, or "inner direction." This Riesmanesque notion holds that an army must be more than a goose-stepping collection of robots blindly obeying orders. The soldier is supposed to follow commands because he understands the reasons for them, rather than jawohl-ing out of automatic respect for, or fear of, authority. Though all officers are obliged to take courses in Innere Führung, some are unhappy about it. Brigadier General Heinz Karst charges that inner direction has produced an "unsoldierly army...
Relegated to the Hearth. Tiger calls this particular kind of masculine affinity "bonding": the forging of strong emo tional ties between men that have noth ing to do with women. He contends that these male bonds go back to the origins of human society, owe much to man's animal genesis and are probably genetically determined. They must first have been formed, Tiger speculates, when man turned hunter - an event that occurred anywhere from 2,000,000 to 26 million years ago and that forever after relegated man's female companion to the responsibilities of the hearth...
...General Theory of Relativity that Albert Einstein published in 1916 pro posed nothing less than an all-embrac ing theory of gravity. Over the years, as scientists devised increasingly subtle experiments to test Einstein's predictions, the General Theory withstood all challenges But no one was able to check Einstein's conclusion that massive celestial bodies accelerating in space or undergoing cataclysmic events should give off gravitational radiation, a form of energy similar to radio waves that travels at the speed of light. This week, after more than a decade of work, University of Maryland Physicist Joseph Weber...
McCracken says that "we may be see ing the early signs of the cooling of inflationary pressures" - and many other experts agree with him. The nation's out put of goods and services is expanding; only half as fast as a year ago, and that growth may stop entirely during the summer. The volume of retail sales has been sluggish for a year, and un employment, still a low 3.5%, is up slightly from 3.3% earlier this year. Of the three principal forces in the economy, two have lost most of their lift. Government spending and consumer spending...