Word: levelation
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Dates: during 1950-1959
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Wage Rise: To regain labor's support, politicians raise wages. Both prices and wages have then reached a new level...
...change will probably not affect future National Merit scholars here. "There have not been too many awards above the $1500 level in the past, and Harvard has had very few of them," said Wilbur J. Bender, Dean of Admissions and Scholarships...
Admittedly, the establishment of a few permanent positions in History and Lit will not prove a cure-all for the field's difficulties. But any system that will enable some men on a high faculty level to devote most of their time to History and Lit would surely be a step in the right direction...
...read more scholarly works in his field than his department demands. If he is majoring in government, he might prefer a tutorial in which he could read and discuss "Great Books" in economics, history, sociology, or anthropology to a strictly governmental tutorial. Or, if he were taking an upper-level English course which did not offer sections, he might like to attend an English literature tutorial for a semester...
...rising sales have checked the drastic cutting of inventories, one of the heaviest pressures on the economy. Manufacturers' inventories of finished goods in October held to the same $48.9 billion level as September, the first month since August 1957 that manufacturers did not cut stocks. Instead of living off their stocks, as they had been for a year, businessmen were stepping up their buying again. One immediate result was a lessening of unemployment. The Labor Department reported that employment picked up in most of the nation's major industrial centers last month. Six areas were removed from...