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Word: rationalization (lookup in dictionary) (lookup stats)
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Invitation to Inflation. Said Baruch: "Experience has taught us that when the Government steps into the market with such enormous demands requiring such quick priority, you must control all prices, including wages, rents, foods and other costs, eliminate profiteering and ration certain scarce essentials...

Author: /time Magazine | Title: National Affairs: Toot Suite | 8/7/1950 | See Source »

...around Washington the rumor went: wage and price controls would be here by Labor Day, and ration books were already being printed. The rumor even turned up at the President's press conference. May Craig, a chipper grandmother in a blue gingham dress and a correspondent for a string of Maine newspapers, asked Harry Truman about...

Author: /time Magazine | Title: THE PRESIDENCY: The Gradual Way | 8/7/1950 | See Source »

Some Parallels. Mindful of those days, and what followed them-ration books, black markets, hoarding-many a U.S. citizen (considering himself just as patriotic as the next one) was jamming into the nation's department stores and automobile rows as if this time everything would be exactly the same. It wouldn't be. There were some parallels, but also deep contrasts...

Author: /time Magazine | Title: THE ECONOMY: Contrasts | 7/31/1950 | See Source »

...refute from observation. What really happens, at least in Burma: somewhere between an elephant's 70th and 80th years, his big, coconut-size heart becomes as worn-out as his teeth. Too tired to follow the herd any longer, he grazes alone, but finds gathering his daily ration of 600 pounds of fodder a mammoth task. Thin and feverish, he moves down to water during the dry months and stands around keeping cool...

Author: /time Magazine | Title: Books: Jumbo in Burma | 7/31/1950 | See Source »

Silver Lining. In Bexhill, England, Mrs. Elsie Hayward opened a letter,' found her lost ration books-minus the tea and candy coupons-and a religious tract exhorting the reader to give thanks for daily blessings...

Author: /time Magazine | Title: Miscellany, Jul. 24, 1950 | 7/24/1950 | See Source »

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