Word: methods
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Dates: during 1970-1979
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WHEN T.S. ELIOT reviewed Ulysses for Dial Magazine in 1923, he used the phrase "mythical method" to characterize the literary schema then being developed by his contemporaries--Joyce, Pound, Yeats--as well as by Eliot himself. But while the use of "a continuous parallel between contemporaneity and antiquity," as Eliot explained his term, was setting the literati of America and the British Isles on fire, in far-off Alexandria, Egypt, a poet who is just now receiving the recognition due a major literary figure was fashioning his own "mythical method." Constantine P. Cavafy, the poet of "Greeks in exile...
Heftier Budget. Perhaps the most comprehensive method of assessing Soviet defense spending is that developed by the CIA. It reckons what the Kremlin would pay if it had to buy arms and support its troops at U.S. prices. While this permits a statistical basis for comparing Soviet efforts with those of the U.S., for a time it also provoked charges that it overstated Soviet spending, thus providing ammunition for advocates of a heftier Pentagon budget. Bowing to this criticism, the CIA revamped its estimating procedures by eliminating controversial items and drawing on improved intelligence-gathering techniques. Although the new estimate...
Aside from institutional rivalry, the tournament offered a comparison of various teaching techniques. Although the contest used the "case method" pioneered at Harvard-that is, the examination and solution of specific problems like that of Publisher Ginn-several of the schools favor other systems. Chicago is known as a "theory" school where students learn general concepts, then apply them to specific cases. Carnegie-Mellon and M.I.T. are strong in statistics and math; their students could "crunch the numbers." Wharton is reputed to produce hard-nosed decision makers-bottom-line types. Cornell, which uses a combination of the case-study...
Inter-squad bouts and round robin tournaments are also a part of the practice sessions. The electrical equipment used for scoring in competetive matches is used in these practice bouts and in lessons. This is a new method of training at Harvard and in collegiate fencing...
Growing Value. Replacement-cost accounting, says one analyst who favors the system, "does not make a company's results poorer. It just shows how poor they were." Under the traditional accounting method called straight-line depreciation, a company that bought a $100,000 machine with a life expectancy of ten years could reduce the value of that machine on its balance sheet by $10,000 every year. Proponents of replacement-cost accounting argue that the machine should be carried on the books at the price of a new machine, which, after a decade of extremely high inflation, could jump...