Word: lesses
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Dates: during 1950-1959
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...Economics Department is currently undergoing a crisis. It has failed up to now to accommodate both elements in a coherent program. The result is strikingly demonstrated by the flight of undergraduate concentrators from the field. In less than a decade the number has declined by over half; from 709 in 1949 to 340 in 1958. Although the decline may partially reflect a nationwide tendency, it also is the result of the confusion and frustration attending the undergraduate program here, as the instruction gyrates widely from verbal triviality to mathematical incomprehensibility...
Premiums for Sophisticates. But there is another group of market sophisticates whose risk in dealing with puts and calls is much less. These are the people who make options available from the stocks in their portfolios. To find them, Filer, Schmidt and the nation's 20 other put and call dealers turn to investment trusts, pension funds and individual portfolio holders who intend to hold their stock for long periods. For selling a put or call the stockholder receives a premium ranging from $112.50 on 100 shares and up, depending on the price of the stock and length...
...stopping the buck at his door. Married and father of two sons, he is used to putting in a ten-hour day, gathering his own facts by pounding the rails. As chief administrative officer, he will be in charge of the road's everyday operation, will have even less time for the golf and woodworking that he enjoyed before the lightning struck...
Squalling Grammarians. Traditional translations make much of Homer's epithets (Hera is "white-armed"; Odysseus generally "crafty"). Graves uses them sparingly, and sometimes ironically. The gods are treated with something less than respect; Zeus is a blowhard who hardly ever means what he says, and Hera, his wife, might be a garden-club president. When Zeus, who favors the Trojans, remarks that Hera protects the Greeks as if they were her own bastards, she replies pertly: "Revered Son of Cronus, what a thing to say!" Cartoonist Ronald Searle's illustrations wittily support Graves's wry treatment...
...effective control of the prison population. To demonstrate his power, Kinney organizes a prison riot, his pretense being a "good new boy," who has been caught with a potato peeler hidden in a place of maximum security, and been put in solitary. Kinney spreads the word and soon "the less orderly element in this institution" have burned the chapel, organized a tuba and trumpet band around improvised barbecue pits, and taken three guards as hostages...