Word: v
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Dates: during 1960-1969
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Amazing Disparities. In theory, U.S. penology long ago shifted from revenge to rehabilitation. Yet the U.S. is apparently the only country where a sentence of 120 years is even conceivable. "Our criminal laws are the most severe in the world," says former U.S. Prisons Director James V. Bennett, "and our legislatures are still at work making them more severe...
Just as spectacular in its own way is the new heliport that opened for business last week atop Manhattan's Pan Am Building, 59 stories in the air. From that pad, New York Airways will whisk travelers from midtown Manhattan to Kennedy Airport in only seven minutes (v. the 45-minute taxi trip) for $7. Passengers can check their luggage at Pan Am's mezzanine-level counter, never have to bother with it again until they land in London or Bombay...
...economy is beginning to show the strain of this rapid expansion. For the first time in five years, labor costs rose faster than productivity in 1965: 4.2% v. 2.5%. Consumer prices last year jumped 1.8% , and wholesale prices rose 1.3%, the first rise of any kind since 1959. This is already threatening the nation's remarkable record of price stability. The economy cannot continue its present growth rate at today's productivity level without serious upward pressure on prices...
...Growth v. Stability. The economic policies of 1966 will be determined most of all by one factor: the war in Viet Nam. Barring an unexpected truce, defense spending will soar so high ?by at least an additional $7 billion?that it will impose a severe demand upon the nation's productive capacity and give body to the specter of inflation. Keynes feared inflation, and warned that "there is no subtler, no surer means of overturning the existing basis of a society than to debauch the currency." Once chided for undertipping a bootblack in Algiers, he replied: "I will...
...lower atmospheric pressure (about 11 Ibs. per sq. in. at Mexico City's elevation v. 14.7 at sea level) and the reduced oxygen available for exchange in the lungs appear to have no effect on athletes' hearts. Scores of physicians from a dozen countries ran elaborate tests on the athletes in October, and the electrocardiograms were normal. The problem is simply that breathing is less efficient, or as Dr. Hanley puts it: "You get less oxygen per gulp, so you've got to take more gulps to get enough oxygen to the muscles...