Word: deductionism
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When Forster described businessmen somewhat leniently in Howards End, D. H. Lawrence wrote him that he had made "a nearly deadly mistake. . . . Business is no good." "But Forster, who is too worldly to suppose that we can judge people without reference to their class, is also too worldly to suppose...
> Hollywood's bachelor Congressman, grey-thatched John M. Costello, member of the Military Affairs Committee, flew to the coast with Lieut. General Henry H. Arnold and Britain's Sir John Dill for a quick inspection of aircraft plants. To John Costello the aircraft workers unburdened themselves: they were...
Many a boss had carefully explained it all: 20% (after exemptions) would be taken out of every worker's pay, come the first week of July. U.S. workers had nodded understandingly, had signed the tax deduction certificates with only routine grumbles. But when pay envelopes actually showed up-lighter...
Another factor inflated the Smith-Sherman profit estimates: since the U.S. Treasury does not allow most contingency reserves as a deduction from taxable income, the estimators ignored them in figuring net income after taxes. Yet most large U.S. corporations (and many small ones) have been taking progressively higher reserves for...
Shot on July 2, 1881, Garfield died 78 days later, because his doctors, headed by his boyhood friend, Dr. D. W. Bliss, could not locate the assassin's bullet in his abdomen. By using an electromagnet, Telephonist Alexander Graham Bell had figured out the general location of the bullet...