Word: pricing
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Dates: during 1960-1969
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They are: Don K. Price Jr., dean of the John F. Kennedy School of Government; Richard E. Neustadt, director of the Institute of Politics of the John F. Kennedy School of Government and a former aide to President Kennedy; John Kenneth Galbraith, Paul M. Warburg Professor of Economics and Ambassador to India under President Kennedy; and Adam Yarmolinsky '43, professor of Law and a former assistant to Secretary of Defense Robert S. McNamara...
...Partly by using new techniques, Campbell expects to offer a one-bedroom apartment for $80-a-month rent, well below that of competitive units. In South Bend, Ind., Home Builder Andrew Place has just sold a three-bedroom FHA house for $10,900, nearly $3,000 less than the price of any other new home in the area...
...experiment, FHA recently backed inexpensive houses built by half a dozen manufacturers of mobile homes. Guerdon Industries came up with a two-bedroom, one-bath model, 12 ft. wide and 46 ft. long, that sells for a mere $4,210 in Ashburn, Ga. To keep the price that low, the city relaxed its requirements for street paving and foundations and FHA waived a few of its ordinary minimum standards...
...overwhelming majority of U.S. citizens who pay the full cost of their housing, it should be welcome news that the reasons for high prices are beginning to be recognized. For states and localities, whose shortcomings have helped create the problem, as well as for all segments of the private building industry, Washington's move toward an assault on costs presents a challenge as well as an opportunity to do all that can be done to make the price right...
...Price of Popularity. For Gulf Resources, profits of any amount are a relatively recent phenomenon. Founded in 1956 and armed with a concession for mining sulphur in the Mexican state of Veracruz, the company produced too little and borrowed too much, found itself deep in debt. When Allen, a former certified public accountant who had joined the company soon after its founding, became its president in 1960, he paid off the debts with company stock, brought in a new production man to raise sulphur output above the breakeven point. Within a year, the company showed its first profit...