Word: wrongfully
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Dates: during 1980-1989
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UNFORTUNATELY, Summers and the others who run Ms. have used the magazine's commercialization as an excuse to shift its coverage--in the wrong direction...
...president of Giorgio Beverly Hills, a subsidiary of Avon Products, plans to take "any steps necessary to protect our image." The puppy perfumery defends its products by noting that fragrance oils are not patented. Even so, says Byron Donics, president of Aramis, "we think they are barking up the wrong tree...
...Says he: "I find out things that I didn't learn in my own country about the highest powers like Stalin, Khrushchev and Brezhnev." Not all the teaching goes unchallenged. At Wheaton, Sabyrova takes issue with an American textbook that describes the Soviet economy as entirely planned. "It is wrong," she insists. "With economic reform there are a lot of changes in our country." Meanwhile at Oberlin, Killu Tyugu, who did not initially believe it was possible to study in America, is amused to find that her fellow molecular-bio students are poring over the same (U.S.-published) textbook...
...supply-side Pollyannas predicted that lower tax rates would induce huge increases in saving and investment, which would produce enormous growth, which would wipe out the deficits. They were wrong. Net private saving, which averaged 8.1% of GNP in the 1960s and 1970s, dropped to 5.8% in the 1980s. (It was 4.1% last year.) Investment in new plant and equipment averaged 3.3% of GNP in 1950-80 and 2.3% during the 1980s. Economic growth averaged 4.8% in the 1960s, 2.8% in the 1970s and 2.2% in the 1980s. And we know what happened to the deficit...
...Frank Lorenzo," said E.J. Breen, the head of the Airline Pilots Association (ALPA), the union primarily responsible for organizing the rally. "The Business School holds him up to be a great American business leader but we don't believe him to be such. We think he represents everything wrong with big business today...