Word: risings
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Dates: during 1960-1969
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...Lipton's own making--he insists the classifying shouldn't have ended in 1486. In a final and separate section of the book, he does his own inventing: a complex of psychoanalysts, a failing of students, an unction of undertakers (a larger group: an extreme unction), a rise of mini-skirts. He even outlines production rules: onomatopoeia, habitat, comment, etc. Always, the first term must pinpoint a feeling we have about the group being described. For instance, Lipton rules out calling prostitutes an anthology of pros, because the humor lies in the second term--anthology makes no poetic comment...
...housing policy of Harvard in Cambridge can be stated as follows: First, to acquire real estate only for educational purposes and not as an investment; second, to seek to provide housing for its faculty and students with minimum injury to the community; third, to expand vertically (with high-rise construction) rather than laterally (by new property acquisitions) wherever possible; and fourth, to remain within the area bounded by Garfield Street to the north and Putnam Avenue to the southeast. Additionally, the university has since 1928 made voluntary payments in lieu of taxes to the City of Cambridge on properties purchased...
...Andrew Brimmer, a member of the seven-man Federal Reserve Board. Citing a study by the board's staff, Brimmer said that even if the nation's real economic growth slowed to practically nothing for one or two quarters, the result would be only a 0.2% rise in the jobless rate, now at a 15-year low of 3.3%. The findings reinforce the belief that the Nixon Administration will have a bit of leeway in which to move against wage-price rises without causing a significant increase in unemployment. But Brimmer and the other Federal Reserve governors believe...
...council foresees continued weakening in housing and consumer spending, a moderate $10 billion rise in federal spending, and strong gains in business outlays for new factories. The 10% surtax, along with federal spending restraints, will bring a "significant slowdown" in business during the first half of this year, said the council. The latest figures support that outlook. From November to December, retail sales slipped by 2% and housing starts...
...Investors Mutual Fund, the industry's biggest (assets: $3 billion), grew a disappointing 8.45%. A sister fund, Investors Stock ($2.3 billion), gained 8.3%, while Wellington Fund ($1.8 billion) rose only 8%. Fidelity Trend ($1.4 billion), which registered a 34% increase in 1967, achieved no more than a 1.76% rise last year...