Word: rigidities
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Dates: during 1940-1949
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...snoopers, and that production was booming in other engine plants. They also moved publicly to illuminate the fact. In Cincinnati they publicly questioned witnesses in an apparent attempt to prove that Wright itself had deliberately tightened up inspections to impossible levels to cut production, discredit the Committee. (Although rigid inspection requirements are set by the armed forces, good practice is to allow certain deviations which speed production, do not affect use of the product...
Also for talent, of which Miss Bergman has a lot. And she knows how to use it. Hollywood's talented people have developed marvelous skill in a tradition as rigid and elaborate as Javanese dancing, and almost as remote from life. Miss Bergman comes of a tradition in which an interest in realism, in the huge and various wealth of actual life, is as natural to a good actress as to a good novelist...
According to Pepper, the League of Nations was too rigid to allow effective functioning, whereas other confederations have been too weak to form a real connecting link between its members. The real problem, Pepper concluded, is to determine at what point the world situation can be effectively stabilized...
...Pros. The pro-subsidy argument is short & sweet. When there is plenty of money but a scarcity of goods, prices will go through the roof unless controls are applied. The controls must not cut down production or squeeze too many people out of business. But when selling prices are rigid, while costs rise, businessmen are squeezed hard. Then, argue the subsidizers, the only way to prevent price inflation, without interfering with production, is for the Government to pay the difference between cost (plus a reasonable profit) and selling price...
Phony Policy. As Pundit Walter Lippmann pointed out last week, for two years the Administration has pursued a phony price policy because it seemed easier. When huge economic incentives are being paid-as they have to be-to make war production vast, a rigid ceiling on civilian goods prices is undesirable: it creates inflation by making goods more valuable than dollars, and it minimizes the production of consumer goods. Rationing and price control were sold to the public as anti-inflation measures, whereas they are actually social measures...