Word: ratios
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Dates: during 1970-1979
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...Inadequate investment. Between 1948 and 1973, business spending on new plant and equipment added 3% a year to the capital investment supporting each man-hour of work. Since then this capital-labor ratio has increased only 1.75% annually. Economists argue fiercely whether the chief reason has been tax policies that favor consumption over investment or business fear that recession and/or inflation will wipe out the profit on new investment. In either case, the result has been to slow the introduction of cost-cutting, labor-saving machinery and, says the CEA, to slash the growth of productivity by half a percentage...
...Helms, Orrin Hatch and Sam Hayakawa were promptly dubbed the "Horrendous Three Hs" by distressed Democrats. Another Republican, Indiana's Richard Lugar, also asked for a place on the committee. Fearing that conservatives might control the committee, Democrats devised a different strategy. "You can't change the ratios on committees," noted Cranston. "But you can fool around with them." So the Democrats did some fooling. They reduced the size of the committee by one seat. This enabled them to eliminate a Republican without changing the ratio. Thus they got rid of one of the Horrendous Hs: Hatch...
...approved reforms change the faculty-student ratio on the committee from 8-6 to 7-6, bar lawyers from the hearings, and permit the release of transcripts of the proceedings if all parties agree. Even these reforms are a mixed blessing at best. Barring lawyers from the hearings, for example, weights the scales even more heavily in favor of the administration, as it can still draw on Harvard's legal staff--including General Counsel Danial Steiner '54--for everything from investigating initial charges to preparing a brief and specific question for the administrator handling the case in the CRR. Students...
...much a time of retrenchment in higher education as the 1960s were a period of headlong expansion. Ten colleges shut their doors in 1978, bringing the total of closings for the decade to 129, more than double the number of new colleges that have opened. The campus kill ratio seems sure to soar in the years ahead. A Carnegie study predicts that as many as 300 institutions will vanish through the 1980s. Some educators expect an even greater number to lose their present identity through mergers and drastic cutbacks in the range of courses they offer, as well as outright...
...most fascinating aspect of all of this is that the conference is real--it does in fact exist and it will take place. Yes, it is not just an idea. In fact, other schools have already demonstrated widespread interest. The University of Pennsylvania has endorsed participation by a ratio of 1586 to 77 in a recent referendum. This represents the largest turnout ever for a vote of this kind at Penn. Brown has raised all of its money and selected all of its delegates. Cornell has over 100 people actively working on the conference. Stanford has nearly as many working...