Word: logical
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Dates: during 1950-1959
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Consoling as this theory appears, it will not withstand the facts without considerable refinement. Academic study rarely improves scores on IQ tests, syllogistic logic, or any other known measure of effective thinking. Neither does the discipline of studying one field appear to help you enter a new and unrelated field. Historians are no better qualified to draw sensible conclusions about medical evidence than are equally intelligent garage mechanics, and musicians are as baffled as stenographers when confronted with the intricacies of the stock market...
...college, is, of course, not a failure just because is does not improve our logical capacities. Clear thinking involves not only logic but articulation and perspective, and by these criteria the college does indeed promote a certain kind of clarity. College graduates have larger vocabularies than high school students, even though they often use them less clearly. Not only that, but they have more information than their less educated counterparts, and information is prerequisite to articulation...
Peking's statistics are suspect, but 1958 figures, noted a British economist, "defy belief and baffle logic." But even if Communist figures could be trusted, Red China still has a long way to go before claiming to be a modern industrial state. Mainland China's rate of industrial growth last year was only half that of Japan's. By the end of its current six-year plan, Japan will have acquired new productive capacity greater than that of all the industrial plant Mao's China now has. The Chinese Communists have yet to produce...
Many of the experts, who only a few months ago were predicting that the market would go down, joined Tabell in seeing a big rise ahead. Yet Wall Street was hard-pressed to find logic in the rise. Said Daniel L. Gutman, partner of Zuckerman, Smith & Co.: "The ravages of inflation are over for at least the next two years. To buy stocks today only as inflation hedges is like locking the barn after the horse...
...which may be well and good and true in the particular case involved. Its truth, though, is not self-evident in a general application. With-out any statutory protection of confidential sources, any newspaperman may, under the logic of the opinion, be forced to reveal evidence which is not "of doubtful relevance or materiality" to a case. To a newspaper, at least, such logic is arguable...