Word: boom
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...cannot believe TIME wasted a cover story extolling such a cold, mercenary personality. The boom in cable TV is due to its buying up broadcast rights to sports events and movies; the public used to watch them for nothing, and now we are charged for them. All too often cable manifests the same mentality that converts apartments into expensive condos or encourages gas stations to charge...
...boom in corporate espionage has triggered a corresponding explosion in the business of guarding secrets. Revenues of security consulting firms topped an estimated $200 million in 1981, and should double that amount this year. New shops are springing up across the landscape, and Burns International, Pinkerton's and other traditional protection companies are rapidly expanding. The Washington-based American Society for Industrial Security now has more than 18,000 members...
Then why expect a boom? Kahn's broadest reason is apolitical: a slowing of population growth and a continuing rise in gross world product should mean that there will be more to go around. In the U.S., he offers the possibility of a $5 trillion gross national product in 2000 that would mean a per capita income of about $20,000. There is no prediction about how this wealth will trickle to 250 million Americans. There is guarded optimism about inflation. Inflation, of course, is very thinkable, though Kahn's thoughts on how to deal with...
...Coming Boom is, as its title booms, a call to optimism. The question is: How much? If the book's promise is taken at face value, the reader will be disappointed. Kahn occasionally sounds like Annie singing "Tomorrow .. . Tomorrow." But these strained high notes are immediately followed by flat-out qualification: ifs, maybes and "Scotch verdicts," which he describes as "good enough for our purposes." The small print in this social contract gets irritating. One sentence announces a new dynamism, but the next pulls back to "a good possibility for substantial improvement." Some paragraphs seem to have been written...
...hall but is unsatisfying in a book. His proposal to promote conservative virtues with conferences and public relations campaigns, as if values were so many hamburgers, is simply materialism as usual. The spirit gets only lip service, which is no way to build lasting confidence. Investors in The Coming Boom should be careful. At times like these, one can never be too thin or too diversified...