Word: vacuums
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Dates: during 1940-1949
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...Economics A you learn the theories, and in the advanced courses you learn how they do not apply." This old verdict sums up the tragedy of academic economics: the struggle for a scientific approach to an essentially unscientific objct, the attempt to project reality into a vacuum by relegating the "other factors" out of the rump of reality, the economist wilfully shapes a fragment into an imaginary whole, his theory. By its very origin, economic theory is a segment...
...gained a clearer judgment of New Deal Economics from the graphs and curves and trends of Ec A or 1. The reason is that economic theory, when isolated from the forces that condition it, remains litle more than abstract quibbling for its own sake. The Harvard Department's "vacuum" approach to theory is, at best, a mental discipline, and as such much inferior to mathematics...
French and Russian Ballet, then, is a rotted hulk of the great pre-war ballet of Serge Diaghilev. It is too clogged with unnaturalness to have very much meaning today. For one thing, its stories are mostly mythological or fanciful, handled as though in a complete vacuum, with not the slightest trace of anything to link them with real life. The music, too, is defective in that it is addicted to effect and picturization rather than spontaneous expression. But probably what makes old-style ballet so sterile is the fact that this is primarily not a dancing age: that...
...need now is for a new third party. Not one which relies on the vacuum-like-lucidity of the Socialists or the dogmatic sectarianism of the Communists, but one solidly rooted in ward and county and labor union. If democracy is to survive here, we cannot continue to hold Tweedledum-Tweedledee elections. At least an independent labor party built around the progressive unions will force one of the major parties toward the left. At least it will bring a renewal of the advance toward what the pre-war Max Lerner called a "democratic collectivism," an advance which has down...
...York Times last week printed an unqualified statement that Royal Dutch-Shell and a Standard-Vacuum Oil Co. subsidiary had virtually agreed, under pressure, to supply Japan with 40% of her oil needs for the next six months out of their Netherlands East Indies wells. The pressure was presumed to have come from The Netherlands East Indies Government. East Indian oil is a politically inflammable commodity. It was not strange that the U. S. State Department professed ignorance of any such deal, that "authoritative British sources" hastened to announce that Britain had cornered the entire Netherlands East Indies supply...