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There are certainly bonuses to be reaped from publishing and then using your own text besides the convenience of having a text which you find satisfactory for your students to use. Ironically, the monetary rewards are probably the smallest of these pluses. The average royalties on college textbooks bring the author a meager 14 per cent of net receipts, although each book has a different rate. This income is not based on list price, but rather on discount over-the-counter prices--many on second hand, paperback, and drastically reduced editions. Ezra Vogel, professor of Sociology, who lectures in Sociology...
Whoever wins the great scrap of 1977, all the automakers are already at work down-sizing their cars for 1978 and later years. GM will reduce the size of its 1978 intermediates, then its 1979 compacts. The smallest cars will have front-wheel drive to eliminate the transmission-train "hump" that decreases back-seat leg room. Next spring Ford will trot out a pint-size Lincoln called the Versailles and in another year will be bringing over its subcompact Fiestas from Europe (TIME, July 12). In 1979 both Ford and Chrysler are expected to introduce new full-size models...
...kids-many nonprofessionals -are mostly terrific. Some of the best moments in the movie come with their smallest gestures: Bugsy snapping the brim of his fedora; Tallulah cosying up to a customer, taking off his glasses and starting to tease him as the flustered fellow gropes desperately for his tortoise shells; Dandy Dan deflecting a compliment from his gang with an uncharacteristic- thus unconvincing- show of humility and a disingenuous demurrer. "Too kind, guys. Too kind...
...industry dutifully tagging along behind. So it has been with the present post-recession recovery, at least until recently. In July, according to the Commerce Department, retail sales fell 1.2%, continuing a softening that began to appear in April. Industrial production rose by a scant .2% last month, the smallest increase in nine months. At the same time, the Consumer Price Index, the nation's principal barometer of inflation, rose .5% in July, which translates into an annual rate of 6.2%-the same as in June...
That rate was about as expected, reflecting mainly higher prices for gasoline, clothing, used cars and some other items. For the year ending in July, the C.P.I, rose only 5.4%-the smallest twelve-month increase since the days of wage and price controls in 1972 and early 1973. Most of that 5.4% rise was traceable to higher energy costs and the rising price of medical care; happily, the cost of food grew only 2% in the past year...