Word: procession
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Dates: during 1960-1969
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...importance of the above in this determination of the precise context in which political action is permissible is that Weber, the arch-rationalist and father of scientific sociology, could do no better than to describe the process in terms as flagrantly imprecise as "somewhere [one] reaches the point" of decision. This failure to be more exact is not due to any lack of mental capacity on Weber's part--it is inherently impossible to find scientific principles on which to base one's judgments and choices...
This fall, the HUC recommendation and ostensible manifestations of concern about the decision making process at Harvard received virtually no reaction from administration or faculty. This lack of reaction caused many of the members to advocate more radical tactics of approach. Perhaps this problem is difficult to solve, but it seems that sometime, when there is a reaction to problems which occur, this reaction comes too late and it comes at a time when, if the problem is not recognized, there will be confrontation...
Money supply-currency, plus checking accounts and time deposits in the nation's 14,000 commercial banks-needs to expand as population and production grow. The Federal Reserve Board controls the expansion, largely by buying or selling Government bonds. In the process, it makes adjustments for peak periods of demand, such as the Christmas shopping season, or times when the Treasury must borrow heavily to finance budget deficits. In addition, the Federal Reserve tries to use its monetary powers to moderate the ups and downs of U.S. business. But Friedman says that the board repeatedly errs in the rate...
Forward Observer. This is not new for Snow, who has always evaded the unutterably difficult process of fictional creation, partly by projecting his alter ego into his books as a central character, partly by believing as Wordsworth did that the story of men's lives can be made passionately interesting by the mere assertion that it is so. In The Sleep of Reason, despite Snow's best efforts, Eliot remains a mere observer. For though Eliot never permits himself the indulgence of easy indignation over the crime, he cannily refuses to press thought to its extremes. He ends...
...meeting also considered plans for a poll on power and the decision-making process at Harvard to be conducted next semester. Kaplan said the poll would deal with "questions we can draw long-term ideas from." He also urged new HUC members to help in setting up a symposium on power in the University which has been requested by the Harvard-Radcliffe Policy Committee...