Word: jargoneers
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...revised textbook, Ec 10 has been modified and broadened over the years; neither course nor text presents a monolith of capitalist dogma. But the modifications are tacked-on afterthoughts. Ec 10's fundamental self-enclosed, self-absorbed system has not changed. The basic material is a maze of rules, jargon and graphs with a compelling internal logic of its own--but little link to economic reality. Students become so entranced by neatly chalked and multi-colored supply and demand curves that they can't step back from the black-board to figure out what the material is really about...
...danger of academic isolation is that the experts will come to believe in and convince others of their own scientific, value-free objectivity. The Ec 10 student, wading through the graphs and curves and jargon may forget that there are any values at all implicit in the "science." The student may forget that there is no objective reason why an introductory course should spend two months studying profit maximization and two days on tax reform. Ec 10 is an elaborate sand castle, perfect in all but its tenuous sandy foundation. Too often students cross the drawbridge without taking the time...
Flocking Suitors. In Wall Street jargon, Aztec had become a highly desirable "special situation," offering solid reasons for expecting big increases in profits. Total deregulation of gas prices could mean for Aztec a price of about $1.50 per 1,000 cu. ft. of gas-almost four times its current average. Nearer term, Aztec is suing Southern Union to force it to pay the fair value price for the portion of its gas not subject to federal regulation. A compromise has been proposed that could mean a substantial immediate cash inflow to Aztec...
...Hall came here, and started to streamline and computerize, and saved Harvard some money, and became a little controversial along the way with people on whom his corporate jargon and high-pressure style grated...
When my laughter subsided after reading your story on doctors' jargon [Jan. 12], I found I had experienced "a series of spasmodic and partly involuntary expirations, with inarticulate vocalization, normally indicative of merriment," as defined in Borland's Illustrated Medical Dictionary...