Word: useful
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Dates: during 1960-1969
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...artists to look appreciatively at these molds was Alfonso Ossorio, an obsessive assemblagist who produces gaudy conglomerations out of the found objects that he squirrels away against the day when he may need them. By now he has accumulated hundreds of hat blocks at his East Hampton studio, has used scores in his sculptures. Blocks have also long fascinated Arne Ekstrom, director of the Cordier & Ekstrom gallery. When he got the notion of supplying various artists with a block of their choice to see what they could produce, he asked to use Ossorio's collection as a source...
...problem could well be a new kind of power source. Ford has already experimented with electric cars and gas-turbine engines for trucks and buses. Now Henry Ford II promised that it will also move "ahead on the more difficult problem of developing a turbine engine for passenger car use...
...reforms, but many were gutted by irresponsible actions in the Senate. The 1969 bill that the Senate passed last week is loaded with so many tax reductions?as well as a costly 15% increase in social security benefits?that the President has threatened to veto it. "I intend to use all the powers of the presidency to stop the rise in the cost of living," said Nixon at a press conference shortly before the Senate acted. "If I sign the kind of bill which the Senate is about to pass, I would be reducing taxes for some of the American...
...intricacies of monetary theory generally seem as mystifying as the Mock Turtle's description in Alice in Wonderland of "the different branches of arithmetic?Ambition, Distraction, Uglification and Derision." Money supply can be measured in four ways, but Friedman prefers to use the total of currency in circulation plus checking accounts and time deposits in banks. The Federal Reserve controls the rate at which money supply grows or shrinks chiefly by buying or selling Government bonds. When the board buys bonds, it automatically raises the quantity of reserves available to banks; this increases the amount of credit that banks...
...Alone. This extraordinary historical footnote has been refined and condensed into a hard, gritty new movie called Tell Them Willie Boy Is Here. Writer-Director Abraham Polonsky makes good use of all the obvious contemporary parallels but deliberately holds them in check. The result is a subtle, intense document of racial persecution that stands as one of the finest films of the year...