Word: investers
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...heroes of this rural drama are the "big and efficient farmers" who "are giving the nation a lesson in Adam Smith economics." They calculate and compute and invest to pile up ever more profits like "Smith said capitalists should." Time fails to note that most farmers could make more money by stashing their assets in a bank vault and living off the interest. According to Time, the results of free market competition have been innovation, growing production and "reasonable costs to consumers...
...with both U.S. government and business officials; there's a lot of buck passing. The administration, I would guess, is nervous that the Republican Party would be able to gain politically by arguing that the federal government is hamstringing private enterprise by telling companies where they can and cannot invest. So the administration would rather the move came from the corporations. The corporations keep saying that they're not going to write foreign policy, and that the move should come from the administration. The corporations don't mean that, of course, because they'd squeal like hell if the government...
Former South African newspaper editor Donald Woods yesterday told an audience of 40 freshmen that if Harvard is so immoral as to invest in South Africa it may as well try to "get a better financial return out of brothels and drugs...
...much now; it would have a few new features, but be no more powerful. The result is that farmers have been forced into financing decisions as intricate as those facing corporate treasurers. Borrowing money at interest rates of up to 12% to buy or rent additional land and invest in machinery can improve a farm's productivity and profits?or it can ruin a farmer who expands too fast while crop prices are falling, as many growers did in 1976-77. Indeed, the angry protests last fall and winter came largely from younger, undercapitalized farmers who borrowed and bought...
...broke his truce between surrealism and abstraction. Preoccupied with "tragic and timeless" subject matter, Rothko wanted to invest the entire surface of the painting with a sense of awe, a ritualistic presence; and in groping toward this he produced some of the least satisfactory paintings of his career?vague, disconnected blots and blurs, pretty as begonias, but otherwise unremarkable. But gradually the patches coalesced, the structure firmed. His breakthrough came in 1949, with a painting named Violet, Black, Orange, Yellow on White and Red, which created the formula he would explore (with variations) for the last 20 years...