Word: rand
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...Said Rand Corp. President Donald Rice, 37: "We consistently underestimate the good sense of the American people. I think they can stand a good deal more. They can be told: 'I do not know, but here are the kinds of trade-offs that are involved...
Fallows' jump into the Carter camp is hardly his most dramatic political change-of-heart. He came to Harvard the product of a conservative, pro-Goldwater California town 70 miles east of Los Angeles, with the requisite chunk of Ayn Rand reading under his belt. "As (politically) juvenile as everybody else" in his class, he adds. He is not, he says now, embarrassed about his enthusiastic support of the Republican. Like many of his classmates Fallows soon was swept up by the anti-war movement. He recalls that he began to doubt the right-wing, pro-war legacy...
Benjamin Pogrund wonders at this sort of fuss. In Johannesburg, South Africa, at The Rand Daily Mail (where Pogrund works as Associate Editor, third in command), decisions of this type--whether to or how much of a story to run, while trying to avoid a judicial run-in with the government--occur every day, and nobody bats an eyelash...
...Pogrund also takes great pride in the stature and reputation for integrity that The Rand Daily Mail enjoys throughout the world. The American National Press or "Emperor" award for 1966 went to The Mail, South Africa's most widely read morning publication, and the paper still carries the award emblem above the masthead each day. The same front page, however, carries a box every day with the name of the Editor, Raymond Lauw; of each editorial writer for that day and of the newsman who wrote all the day's headlines...
...Sperry Rand will begin production in January of electronic components at a $6 million plant now going up on 80 acres near St. Petersburg, Fla. The operation will employ 1,000 people at first, ultimately perhaps...