Word: melman
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Dates: during 1970-1979
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Concluded Columbia Professor Seymour Melman in a report on the subject: "Cause and effect links the military economy to inflation and unemployment." The kernel of a thesis put forth by Professor Lloyd Dumas of the University of Texas is that "people who do military-related work and the firms they work for receive a flow of money that is not balanced by a production of goods and services that can be used to absorb that money...
...purpose is to bring moral and political pressure on men and women engaged in weapons work." Seymour Melman, professor of Industrial Engineering at Columiba University, author of Pentagon Capitalism and a member of the group, said yesterday...
...M.I.T. with its I-Labs and Lincoln Labs is probably the most important military research center in the U.S.," Melman said. "But the people at M.I.T. have not shown signs of taking any action about weapons research...