Word: krystal
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Market analysts and more highfalutin economists who have been baffled in their efforts to explain the ups and downs of the stock market may have been looking in the wrong place. Booms and busts, says Psychoanalyst Henry Krystal of Michigan's Wayne State University, are not born in carloading reports or steel-output figures but in the unconscious minds of mortal men. If the economists want to understand better why the market acts the way it does, they had better start examining the customers' egos and keep digging until they hit pay dirt...
Only recently, Dr. Krystal told the American Psychoanalytic Association, have economists recognized that the market curves reflect psychological swings, but they are still making the mistake of looking for psychological explanations in the realm of the rational...
...Krystal sees it: out of his unconscious needs, the investor wishfully attaches "magical feelings of omnipotence and omniscience" to the government, big corporations, and even the stock exchange itself. "The anxieties of the consumer" drive him to periodically reendow his salesman or broker with an aura of authority and safety that was shattered as recently as the last time his stocks took a tumble...
Charles W. Taintor 2d, 2L, and Charles Y. Wadsworth 2L, representing the Story Club, won their quarter-final match of the Ames Competition at Langdell Hall last night. The victors, as plaintiffs, defeated the Chafee-McReynolds Club, composed of Sidney D. Krystal 2L and Alan P. Cusick 2L. Roscoe Pound '90, Dean of the Law School, presided as judge...