Word: true
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Dates: during 1970-1979
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THIS metaphor is at work in this University. The Corporation has gone beyond merely protecting Harvard from financial imprudence. President Bok generously states in his first letter that his opinions "are not the official views of the University." His statement is true. Bok may speak as an individual trying "to think through and resolve a difficult and important set of problems," but he acts as the head of the Corporation. He has effectively set himself up as the arbiter of moral truth for the University on this issue...
...True enough, no one died, meltdown and explosion were avoided and the immediate consequences of the accident were relatively small. Still, we will not be sure exactly how severe all this radioactive release was until twenty or thirty years from now, when any potential cancers have had time to develop in the people who were exposed to the Three Mile Island expulsions...
...distressing conclusion is that we are just severely uninformed. No one is really sure of the true character of the nuclear power source. The bottom line, though, is an issue everyone has skirted--probably because it is so painful. Nuclear fuel, like all power sources, poses some danger to the public. When we get a clearer picture of the true hazards of the atomic industry, we will be better equipped to evaluate the potential consequences. Nuclear power will have become a cost-benefit proposition, which will require us to question the relative importance of our cars, our appliances...
What the U.S. failed to recognize, Galbraith says, is the true nature of the "equilibrium of poverty." He claimed that in the U.S., income can be increased simply by a little macroeconomic maneuvering, and most of the time each individual can boost his own economic status if he so wishes. In places like India, however, Malthusian forces keep the poor poor. Growing population and the overwhelming pressure of current needs swamp small increases in national product. The models of economic growth taught to eager American college students do not apply to a country with hordes of people on the edge...
...possibility that those the least willing to tolerate poverty are probably the ones who through their energy and motivation are the most able to help their poverty-stricken brethren. Ireland is the classic case where the able and strong abandoned a country, leaving the weak and infirm behind. True, Ireland is better off now than during the potato famines, but to attribute this to migration requires ridiculously long-run analysis. Similarly Galbraith plays down the racial hatred migrants have inspired and the dreadful standard of living--hardly better than what they left--that they are often forced to accept. Finally...