Word: marketed
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Dates: during 1980-1989
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...selecting Harberger, Harvard would have made its value judgement. Arnold Harberger is academically and personally committed to a virulent brand of free market economics. He believes that business knows best...
...democratic societies. In Chile, a nation ruled by a repressive military dictatorship, he has pushed his ideas where the people affected have no recourse against them. In effect, Harberger has used the Chilean people to test his own economic notions. He claims to be dedicated to the free market, yet he proselytizes his ideas in a country which has no free marketplace of ideas...
...Magnavox accept that only one of them can win. Their technologies are so dissimilar that the discs of one cannot be played on the other's machine. Just as the 33%-r.p.m. audio record won out over the 45-r.p.m., ultimately one company will dominate the market. While RCA essentially uses a phonograph-like needle to "read" its discs, Magnavox uses an optical laser. Magnavox machines offer more features, such as stereo sound, freeze frame, slow motion and reverse viewing. Partly because of its advanced technology, Magnavox's players are likely to be more expensive: they list...
...single unit yet, but is aiming for nationwide launch at about the same time. The stakes will be high. Every one of the 72 million U.S. homes that now have TV sets is a potential customer for a videodisc system. On an estimated 30% to 50% penetration of that market by the end of the decade, RCA projects industry annual sales of 5 million to 6 million players and 200 to 250 million discs. Potential total revenues: more than $7.5 billion a year...
...have swept through high schools. A grain glut might have triggered an agricultural depression. A breakdown of the cities would have produced chaos beyond anything ever seen before. Some urban areas would have banned the use of gasoline-powered automobiles. Do-it-yourself facelifts would have been on the market...