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Lester Thurow, an MIT economist, will discuss "The Current Economic Predicament" at 8:30 p.m. in Emerson 305. If Thurow's name rings a bell, you may have taken Ec 10. Thurow was the one who talked about "job competition"--a scenario where jobs search for workers--as opposed to the standard theory of "wage competition" in which workers run around looking for jobs. Thurow's theory has numerous applications in the study of black-white income disparities, and explaining in general why some people have more money than others. This last is a topic that Thurow examined...
Shahak is anything but optimistic about the chances for a political solution in the near future. He anticipates war within the next year and paints a bleak scenario...
Southwestern Bell last week presented an entirely different scenario. Harvard psychiatrist Shervert Frazier, testifying for the company, told the court that the "bad part" of Gravitt's life was about to be exposed and "he didn't want to face the music." Bell lawyers charged that Gravitt had spent $200,000 in company money remodeling his private office, $4,831 of company funds on repairs to his home and thousands more on padded expense reports. The company maintained ftat Gravitt was being investigated at the time of his suicide for philandering with employees on company time...
Then why all the jitters over a possible break with the U.S.? Some experts maintain that the abrogation of the American defense commitment to Taiwan would result in a scenario in which an emboldened Peking would attempt to frighten foreign companies and investors away from the island by threatening economic reprisals or military action. "If some people are scared off," says one top government official, "the economic consequences for us could be disastrous...
...marking time in a succession of minor posts in Times Co. management. Punch Sulzberger was an amiable presence around the building, though when he attended an occasional story conference he sometimes seemed more interested in examining the air-conditioning ducts on the ceiling. "The old man had this scenario," Sulzberger says of his father. "Orvil would go along for a while as publisher and then I was going to take over." But Dry foos died of a heart ailment at 50 after only two years on the job, and the family turned to Punch. "I was dumbfounded," says Punch. Then...