Word: premiums
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Dates: during 1970-1979
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Semiprivate concerns are concentrated in textiles and other consumer industries where the premium is on skill and imagination. Not only do they pay high taxes, but they also do well in the export trade and earn generous amounts of Western currency. They tend to react more flexibly than the wholly nationalized companies to changing markets. Recently TIME Bonn Correspondent George Taber visited two East German businessmen who described their relations with their "silent partner," the government. His report...
...estimates that the number of detective agencies and protective services has grown by 40% since 1965, to more than 3,000. In the sluggish mid-February stock market, a $15 million issue of stock in Brink's, the armored-car company, sold easily and rose to a 10% premium. Pinkerton's, which has the largest U.S. private detective force, reported that 1969 revenues increased 21%, to a record $120.5 million. Vice President John A. Willis credits the gain partly to the spreading interest in the protection of office buildings. "Every month," he says, "we add a fair share...
...with the orgiastic response to a false messiah in seventeenth-century Poland, while stories like "Short Friday" celebrate domesticity and the simple virtues: But perhaps Singer's masterpiece of short fiction, "Gimpel the Fool." provides the most tender display of his virtuoso talent. In a world which places a premium on wisdom, Singer's hero is the fool, the one who receives goat turds instead of sweets. The simpleton is the perfect symbol of alienated man-the butt of both divine and carthly humor...
...ever-present fear of being rebuffed. For almost anyone from a ghetto, the world outside seems unfamiliar, bewildering and often hostile. Precisely because blacks have been segregated and barred from good jobs, schools and housing, they have developed a separate and different culture. It does not always put a premium on the white man's values of work, thrift and discipline. To the ghetto dweller, the job is often secondary to other interests and demands. The New York Telephone Co., which teaches its black employees remedial reading, geography, elocution and grooming, cites the typical case of a Harlem woman...
...accountants so popular? The merger boom of the late 1960s and increasingly complex tax laws have heightened the demand for specialists who can decipher the numbers. In addition, the business slump has put a premium on men trained in the fine art of conserving cash...