Word: marketing
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Dates: during 1960-1969
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...Could you please tell me why everyone is explaining this week's stock market rise as the result of peace hopes, the possible end of inflation, etc., when it is so obvious that the real reason for the rise is those amazing Mets...
...Cambridge housing situation was getting to the critical stage. Harvard revived its plans for Shady Hill, both to aid younger Faculty hard-pressed to pay local rents, and as a way to take at least a little demand off the local housing market. The plans were of the same order of magnitude as those of 1955-approximately 150 units of housing...
...University is planning to finance the project under Massachusetts's newly-established Health and Higher Education Facilities Authority. In essence, this authority helps universities, hospitals. etc. to finance construction at the rate of interest for tax-exempt bonds, rather than at the higher market interest rate. The authority issues bonds to finance the construction, owns the project when it is completed, and rents it to the University for a nominal fee. The bonds are then retired out of the revenues of the project-rents in the case of Shady Hill...
...problem is that the authority has just been established, has not financed any projects to date, and when it does, may require higher interest rates than it would have a few years ago. Present high interest levels, a flooding of the tax-exempt bond market by new issues, and investors' uncertainty of what the current tax reform proposals will do for tax-exempt bonds have all contributed to drive up the rate on this kind of bond. "We'd like to talk about five per cent, but we're forced to talk about seven per cent. When you're trying...
...example, Western economists tend to assume that the primary objective of poor countries is and should be the maximization of per capita income. This economic index has meaning only in the context of a market economy and implies an acceptance of the status quo income distribution. Egalitarian goals are introduced at best on an ad hoc basis, and the human costs of rapid economic growth-the fracture of community, for example-are seldom considered. A companion objective typically assumed for poor countries, that of "political development." aims at little more than convergence with western political system. Thus, the conventional confines...