Word: warps
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Dates: during 1960-1969
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...basic feature of the defense industry struck the WARP researchers from the beginning. They found that defense business takes place in a "unique environment of uncertainty." A high proportion of the effort of defense industries involves unpredictable research and development activities...
From 1958 to 1961, the WARP studied 12 major defense contracts including the Atlas, Jupiter, and Polaris missiles, the F4H intercepter, and the Nike Zeus anti-missile. Their case studies covered more than 1200 draft pages...
Researchers for the group received access to classified materials of the Defense Department on a "need to know" basis. In return, they agreed to submit all publications by the WARP to the Security Office of the Secretary of Defense for clearance...
Thus, the defense business takes on a non-market character. The WARP found that the government relieved defense firms of economic risk, and played a correspondingly larger role in the managerial decisions...
...insights of Arthur Schlesinger Jr.'s A Thousand Days. Nevertheless, De Toledano's R.F.K. owes plenty to all three-along with dozens of other filchable Bobby notes and quotes from a multitude of other public-library-shelf sources. Predictaoly, the author has let his right-wing bias warp the good and winnow only the bad from the reams of words that have already been written about Bobby; he has created an absurdly baleful, paste-pot portrait of Kennedy that is as amateurishly written as it is inaccurately reported...