Word: productivity
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Dates: during 1940-1949
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Morgue is journalese for "library of essential information." It is not a commercial product ; it has to be created. TIME'S morgue has been 23 years abuilding. Now presided over by 55 librarians and helpers, it contains some 400,000 indexed folders of biographical, historical, business, and otherwise usefully classified information, 25,000 reference books, and 400 up-to-date periodicals. Needless to say, we would be lost without...
Third. The idea that prices will continue to go up is equally absurd. Most manufacturers cater to the majority, and most goods are mass-produced. A mass producer cannot ask more for his product than the majority can afford to pay. And if they can pay, they will. They will buy more, and more will be produced. Within a short time, the scarcity will disappear, and the prices will come down...
Perhaps by luck or by some unfathomable wisdom of these latter-day founding fathers, this constitution is what is needed to solve student problems that are peculiar to Harvard. But this law-making by conjure has achieved just the reverse. Ten years later this product of an elite father and an indifferent mother finds itself in greater disrepute than its pre-1936, constitution-less, predecessor. Ten years in which nearly 50 percent of all members got their start through appointment to one of the unelected Freshman committee and, with this initial advantage, proceeded through four years of Harvard politics...
...thousands of talented artists employed in moviemaking are rarely permitted to fool around with art. Hollywood is a hard-pressed manufacturing center; it must turn out a reliable product that can be peddled to an exacting mass market. The 56 million customers know-or are told that they know-exactly what they want...
...product of his researches was a valuable biography: Hardy of Wessex (TIME, April 22, 1940). Another is this study of Hardy's U.S. readers and reputation...