Word: upward
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Dates: during 1970-1979
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...more current view of Harvard in American society is that the University is the ultimate agent of upward socio-economic mobility; a perfect meritocracy, it culls the one or two best kids from practically every high school in America. It's competitive and high-key, so much so that even staunch liberals like David Riesman '31 are beginning to have doubts. In his new book Riesman says the meritocratic atmosphere doesn't do much for learning or finding yourself or that sort of thing. Maybe you'll end up a part of the new anti-meritocracy, slide right through Harvard...
...gross national product (v. $3.6 billion, or 30% for Israel). Sadat is hard-pressed even to feed his 37 million people, 96% of whom are crowded in a narrow, seven-mile strip running 500 miles along the Nile. Egypt's trade deficit has been revised upward to $4 billion this year, and short-term debts to commercial banks have risen to about the same amount...
There is some fear, however, especially among the Democrats, that the recovery could peter out next year before it really reduces the unemployment rate much. Most indicators could move upward smartly, says Economist Walter Heller, and "all that will be left behind is human beings-the unemployed who won't find jobs on the gentle slopes of recovery." The threat of renewed inflation is only one reason for this worry. Interest rates are rising, discouraging business borrowing. Last week New Jersey Bell Telephone and Con Edison put off bond offerings totaling $155 million and Manhattan's First National...
...activities at the University of Geneva and, in recent years, has performed and recorded with the Suisse-Romande Orchestra, one of the better symphonies in the world. Yet he has remarkable little ambition. A contented fatalism informs his attitude toward his own career. He seems sincerely unconcerned with struggling upward in the profession or competing for the prestigious jobs. "I have never worried how I look. When I make a record, the first condition is you don't put my picture on the cover. I think it's bad taste. Either you put the music on or the composer...
...June to 7½% recently. And last week most other major banks followed suit and lifted their prime ¼% to 7½%. The effect is to lift the level of other short-term credit costs to business because many bank loan rates are scaled upward from the prime...