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...average parental income of students here is sky-high, and the University's Governing Boards, if not its faculty, are still populated by the heirs to America's oldest East-coast fortunes. In that sense Harvard's real function is to train the children of the powerful to take the power themselves, so as to keep it in the family. The reason Harvard graduates have has such a profound influence on America--five of them have been U.S. presidents, countless others presidents of corporations--is not so much their innate talent as their good luck at being born...

Author: By Nicholas Lemann, | Title: What Harvard Means | 9/1/1975 | See Source »

...Briggs and I bought the Delac, Daniel was hardly a substantial thing. Gay and he were the shadowed whispers of 4 a.m. arguments, heard across the 3-4 inch thick fiberboard that separates our kitchens. But we bought the Delac and she glows in the dark and Daniel was sky-high and wandering into our shack chanting, "Fried potatoes, Fried potatoes, Fried onions...," spuming beer down over his chin like a baby gurgling on its pablum (greasily, in big, viscous bubbles), his Coors can outstretched as he flexed to show off his "megalopulous muscles," twittering about the floor like...

Author: By Edmond P.V. Horsey, | Title: Elsewhere in the Summer, at Pegleg Mac's | 8/12/1975 | See Source »

PRINCETON, N.J.--The Harvard football team, showing an awesome display of offensive firepower for the second consecutive week, turned aside a sky-high and determined Princeton squad, 34-17, before more than 31,000 sun-drenched fans here at Palmer Stadium Saturday...

Author: By Ellen A. Cooper and Andrew P. Quigley jr., SPECIAL TO THE CRIMSONS | Title: Harvard Upends Princeton, 34-17, in Wild Battle | 11/11/1974 | See Source »

...opposite. The situation overseas is even worse. Britain faces inflation of more than 16% this year, despite persistent economic stagnation. Italy could present the world soon with the unique situation of a major country quite literally going bankrupt; the nation, struggling to cope with a surging inflation and paying sky-high oil bills, could run out of reserves with which to pay its foreign debts this fall. World inflation could easily lead to world recession. The way it could happen: each nation tries to control price increases by reducing demand; as each country buys fewer goods and services from every...

Author: /time Magazine | Title: POLICY: Seeking Relief from a Massive Migraine | 9/9/1974 | See Source »

...supply and demand, the sky-high oil prices that are disrupting Western economies should be falling right now. Oil supplies are exceeding demand on world markets by 3% to 5%, creating the classic condition for a price drop. Saudi Arabia continues in its outspoken position as the one producing country whose officials have consistently argued that it is unrealistic for Middle East states to maintain posted prices for oil that are four tunes as high as they were last fall. Richer in petroleum reserves than any other nation, Saudi Arabia announced last month that in early August it would auction...

Author: /time Magazine | Title: PRICES: Oil Stays Up | 8/26/1974 | See Source »

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