Word: basic
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Bunker was angry about a plant put up in his native State (Nevada) by Basic Magnesium, Inc., under contract with Jones's Defense Plants Corp. From a Truman subcommittee report, Bunker figured that the company had furnished only $50,000, but stood to make a profit of $2,140,000 (4,280%) in a single year. Cried he: "If the agreement . . . represents a cross section of conduct on the part of the Defense Plant Corporation . . . we are tolerating the existence of an agency of the Government that is so corrupt as to make profiteering in the last war look...
That technological unemployment and "oversaving" are basic causes of depressions; that economic frontiers have been reached and the opportunities for private capital investment are decreasing; that public-works programs can raise the living standard; that heavy armaments expenditures produce prosperity; that a big factor in past U.S. prosperity was rising real-estate prices...
...interesting always happens. Last week Ben Pollack divulged in an interview that Benny Goodman used to play cornet occasionally in the most exciting Bix Beiderbecke vein. Of late, the program has included at times a record-spotting quiz, at which this column will be represented tomorrow, along with Count Basic, Al Morgan, and perhaps Lionel Hampton...
...that the key to emotional conduct is observation of physiological reactions. From this starting-point he goes on to consider Freud's analysis of the individual mind and to apply it to society as a whole. The accepted Freudian terms, id, ego, and superego, are used to describe the basic reasons for behavior in every social activity. In one of the chapters, revolutionary dialectic is explained by identifying Marx's thesis, antithesis, and synthesis with Frend's three terms...
...that all prices in the U.S. are frozen-as frozen they seem certain to be (see p. 18)-U.S. business will enter an unfamiliar world. It won't be a world of economic liberty guided by the free play of natural forces. It will be a world without basic economic freedom whose design was traced from a pattern made by economic forces once upon a time-at some date in the spring...